Instrument Details

ISIN: INE804I076Y2

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

44.3254

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Aug 2018

Maturity Date

08 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ECL FINANCE LIMITED SR-IV NCD 06AG23 FVRS1000
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I076Y2, with a face value of ₹1,000 rs on 06Aug18 to raise 44.3254 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV. DATE OF MATURITY 06/08/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 09Aug18. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 06Jul18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA-
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Date Verified
08 Feb 2022
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Outlook
Negative
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

AA-

Seniority in Repayment

None

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

FAQs about INE804I076Y2 issued by Ecl Finance Limited

The instrument name of INE804I076Y2 ISIN is ECL FINANCE LIMITED SR-IV NCD 06AG23 FVRS1000.
Never, as INE804I076Y2 bond issued by Ecl Finance Limited is a Zero-coupon bond.
This INE804I076Y2 bond issued by Ecl Finance Limited has been assigned a credit rating of AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804I076Y2 bond issued by Ecl Finance Limited is 0%.
The INE804I076Y2 Debenture is issued by Ecl Finance Limited, a Private Sector company.