ECL Finance NCD Issue Dates, Rating & Interest Rates (July 2018)

IPO Initial Public Offerings

ECL Finance Limited is incorporated in 2005 based in Mumbai. The company offers wide range of corporate and retail loan products. The company is backed by Edelweiss Group. They are one of the prominent financial service provider in India. They company has business which includes retail finance, franchise & advisory business and insurance.

ECL Finance NCD Issue Details:

  • NCD Issue Open: 24 July 2018
  • NCD Issue Close: 16 August 2018
  • NCD Issue Size: Rs.2000 Crore
  • Price Band: Rs.1000
  • NCD’s: 20,000,000 of Rs.1000 Each
  • Interest Rate: Upto 9.40% ** (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
Call Option
3 Years9.45%No
5 Years9.65%9.65%No
10 Years9.85%9.85%No

ECL Finance NCD Lead Manager:

  • Axis Bank Limited 
  • Edelweiss Capital Limited

NCD Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
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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