10.64% ECL Finance NCD Issue Dates, Rating & Interest Rates (December 2018)

IPO Initial Public Offerings

ECL Finance is coming up another NCD in 2018. It was just few months back they come up with NCD issue in July 2018 and now they are coming with another NCD offer for the investors in December 2018. ECL Finance Limited incorporated in 2005 based in Mumbai. ECL Finance offers corporate and retail loans and backed by Edelweiss Group. The company provide loans to SMEs, corporate and individuals as well.

ECL Finance NCD Issue December 2018 Details:

  • NCD Issue Open: 13 December 2018
  • NCD Issue Close: 11 January 2019
  • NCD Issue Size: Rs.1000 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 10.64% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE, NSE

ECL Finance NCD Issue Rating:

  • CRISIL Ratings: CRISIL AA (Stable)
  • ICRA Ratings: ICRA AA (Stable)

ECL Finance NCD Issue Listing:

  • NCD Bonds will be list on BSE and NSE.

ECL Finance NCD Issue Promoters:

  • Edelweiss Financial Services Limited

How to Apply ECL Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
ECL Finance NCD Issue Tenure & Interest Rates:

TenureInterest Rate
Monthly
Interest Rate
Yearly
Cumulative
39 Months10.20%10.20%
60 Months10.42%10.40%10.40%
120 Months10.64%10.60%

ECL Finance NCD Lead Manager:

  • Axis Bank Limited 
  • Edelweiss Capital Limited
  • IIFL Holdings Limited
ECL Finance NCD December 2018 Allotment Status:

NCD Registrar:
Link Intime India Private Ltd
Phone: +91-22-49186270
Fax: +91-22-49186060
Email: [email protected]
Website: http://www.linkintime.co.in

Company Information:
ECL Finance Ltd
Edelweiss House,
Off. C.S.T Road,
Kalina, Mumbai 400098
Phone: +91 22 4009 4400
Fax: +91 22 4086 3661
Email: [email protected]
Website: http://www.edelweissfin.com 

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