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Instrument Details

ISIN: INE804I08684

Face value

₹1,00,000

Coupon rate

9.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

03 May 2016

Maturity Date

28 Apr 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ECL FINANCE LIMITED SR-D6E601A 9.5 NCD 28AP26 FVRS1LAC
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I08684, with a face value of ₹1,00,000 rs on 03May16 to raise 15 crores. The debt instrument is issued with a coupon rate of 9.50% and its interest is paid Annually. 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 Unsecured Debenture is 9.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES D6E601A. DATE OF MATURITY 28/04/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24May16. CARE Ratings Limited has given AA- 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
AA
High Safety
AA-
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Date Verified
08 Jul 2019
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
03-May-16 : Your investment
₹9,50,000
03-May-17 : Interest
₹9,50,000
03-May-18 : Interest
₹9,50,000
03-May-19 : Interest
₹9,50,000
03-May-20 : Interest
₹9,50,000
03-May-21 : Interest
₹9,50,000
03-May-22 : Interest
₹9,50,000
03-May-23 : Interest
₹9,50,000
03-May-24 : Interest
₹9,50,000
03-May-25 : Interest
₹9,42,191
28-Apr-26 : Interest
₹1,94,92,191
28-Apr-26 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹94,92,191)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

Bond Rating

AA-

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

rating

Rated ★ 4.3+ on

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FAQs about INE804I08684 issued by Ecl Finance Limited

The instrument name of INE804I08684 ISIN is ECL FINANCE LIMITED SR-D6E601A 9.5 NCD 28AP26 FVRS1LAC.
The interest earned from INE804I08684 bond issued by Ecl Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE804I08684 bond issued by Ecl Finance Limited has been assigned a credit rating of AA- by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
The INE804I08684 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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