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Instrument Details

ISIN: INE804I079Z3

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

58.843

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 Jan 2019

Maturity Date

01 Apr 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (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 SERIES V NCD 04JN24 FVRS1000
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I079Z3, with a face value of ₹1,000 rs on 04Jan19 to raise 58.843 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 ZERO COUPON SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES V. MATURITY DATE 04/01/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08Jan19 & on NSE stock exchange on 08Jan19. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 06Nov18. 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
A+
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Date Verified
19 Dec 2023
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Outlook
Stable
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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

A+

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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE804I079Z3 issued by Ecl Finance Limited

The instrument name of INE804I079Z3 ISIN is ECL FINANCE LIMITED SERIES V NCD 04JN24 FVRS1000.
Never, as INE804I079Z3 bond issued by Ecl Finance Limited is a Zero-coupon bond.
This INE804I079Z3 bond issued by Ecl Finance Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804I079Z3 bond issued by Ecl Finance Limited is 0%.
The INE804I079Z3 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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