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Instrument Details

ISIN: INE804I074W1

Face value

₹1,00,000

Coupon rate

CNX NIFTY INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

7

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

01 Jan 2014

Maturity Date

30 Oct 2020

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD A+ (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ECL FINANCE LIMITED SR-C6L301 BR NCD 30OT20 FVRS1LAC
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I074W1, with a face value of ₹1,00,000 rs on 01Jan14 to raise 7 crores. The debt instrument is issued with a coupon rate of CNX NIFTY INDEX LINKED and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is CNX NIFTY INDEX LINKED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C6L301. DATE OF MATURITY 30/10/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given PP-MLD A+ rating to this Debenture on 05Jul19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
PP-MLD A+
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Date Verified
09 Oct 2020
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

CNX NIFTY INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE804I074W1 issued by Ecl Finance Limited

The instrument name of INE804I074W1 ISIN is ECL FINANCE LIMITED SR-C6L301 BR NCD 30OT20 FVRS1LAC.
The interest earned from the INE804I074W1 bond issued by Ecl Finance Limited is paid at the time of maturity
This INE804I074W1 bond issued by Ecl Finance Limited has been assigned a credit rating of PP-MLD A+ by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804I074W1 bond issued by Ecl Finance Limited is CNX NIFTY INDEX LINKED.
The INE804I074W1 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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