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Instrument Details

ISIN: INE804IA7014

Face value

₹1,000

Coupon rate

10.15%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

111.1007

Instrument Type

Debenture

Returns

High

Date of Issue

04 Jan 2019

Maturity Date

01 Apr 2029

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 VI 10.15 NCD 04JN29 FVRS1000
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804IA7014, with a face value of ₹1,000 rs on 04Jan19 to raise 111.1007 crores. The debt instrument is issued with a coupon rate of 10.15% and its interest is paid Monthly. 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 10.15% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES VI. MATURITY DATE 04/01/2029. 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 08Jan19 & on BSE 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
check
Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

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

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

Cashflow

₹1,00,000
04-Jan-19 : Your investment
₹845
04-Feb-19 : Interest
₹845
04-Mar-19 : Interest
₹845
04-Apr-19 : Interest
₹845
04-May-19 : Interest
₹845
04-Jun-19 : Interest
₹845
04-Jul-19 : Interest
₹845
04-Aug-19 : Interest
₹845
04-Sep-19 : Interest
₹845
04-Oct-19 : Interest
₹845
04-Nov-19 : Interest
₹845
04-Dec-19 : Interest
₹845
04-Jan-20 : Interest
₹845
04-Feb-20 : Interest
₹845
04-Mar-20 : Interest
₹845
04-Apr-20 : Interest
₹845
04-May-20 : Interest
₹845
04-Jun-20 : Interest
₹845
04-Jul-20 : Interest
₹845
04-Aug-20 : Interest
₹845
04-Sep-20 : Interest
₹845
04-Oct-20 : Interest
₹845
04-Nov-20 : Interest
₹845
04-Dec-20 : Interest
₹845
04-Jan-21 : Interest
₹845
04-Feb-21 : Interest
₹845
04-Mar-21 : Interest
₹845
04-Apr-21 : Interest
₹845
04-May-21 : Interest
₹845
04-Jun-21 : Interest
₹845
04-Jul-21 : Interest
₹845
04-Aug-21 : Interest
₹845
04-Sep-21 : Interest
₹845
04-Oct-21 : Interest
₹845
04-Nov-21 : Interest
₹845
04-Dec-21 : Interest
₹845
04-Jan-22 : Interest
₹845
04-Feb-22 : Interest
₹845
04-Mar-22 : Interest
₹845
04-Apr-22 : Interest
₹845
04-May-22 : Interest
₹845
04-Jun-22 : Interest
₹845
04-Jul-22 : Interest
₹845
04-Aug-22 : Interest
₹845
04-Sep-22 : Interest
₹845
04-Oct-22 : Interest
₹845
04-Nov-22 : Interest
₹845
04-Dec-22 : Interest
₹845
04-Jan-23 : Interest
₹845
04-Feb-23 : Interest
₹845
04-Mar-23 : Interest
₹845
04-Apr-23 : Interest
₹845
04-May-23 : Interest
₹845
04-Jun-23 : Interest
₹845
04-Jul-23 : Interest
₹845
04-Aug-23 : Interest
₹845
04-Sep-23 : Interest
₹845
04-Oct-23 : Interest
₹845
04-Nov-23 : Interest
₹845
04-Dec-23 : Interest
₹845
04-Jan-24 : Interest
₹845
04-Feb-24 : Interest
₹845
04-Mar-24 : Interest
₹845
04-Apr-24 : Interest
₹845
04-May-24 : Interest
₹845
04-Jun-24 : Interest
₹845
04-Jul-24 : Interest
₹845
04-Aug-24 : Interest
₹845
04-Sep-24 : Interest
₹845
04-Oct-24 : Interest
₹845
04-Nov-24 : Interest
₹845
04-Dec-24 : Interest
₹845
04-Jan-25 : Interest
₹845
04-Feb-25 : Interest
₹845
04-Mar-25 : Interest
₹845
04-Apr-25 : Interest
₹845
04-May-25 : Interest
₹845
04-Jun-25 : Interest
₹845
04-Jul-25 : Interest
₹845
04-Aug-25 : Interest
₹845
04-Sep-25 : Interest
₹845
04-Oct-25 : Interest
₹845
04-Nov-25 : Interest
₹845
04-Dec-25 : Interest
₹845
04-Jan-26 : Interest
₹845
04-Feb-26 : Interest
₹845
04-Mar-26 : Interest
₹845
04-Apr-26 : Interest
₹845
04-May-26 : Interest
₹845
04-Jun-26 : Interest
₹845
04-Jul-26 : Interest
₹845
04-Aug-26 : Interest
₹845
04-Sep-26 : Interest
₹845
04-Oct-26 : Interest
₹845
04-Nov-26 : Interest
₹845
04-Dec-26 : Interest
₹845
04-Jan-27 : Interest
₹845
04-Feb-27 : Interest
₹845
04-Mar-27 : Interest
₹845
04-Apr-27 : Interest
₹845
04-May-27 : Interest
₹845
04-Jun-27 : Interest
₹845
04-Jul-27 : Interest
₹845
04-Aug-27 : Interest
₹845
04-Sep-27 : Interest
₹845
04-Oct-27 : Interest
₹845
04-Nov-27 : Interest
₹845
04-Dec-27 : Interest
₹845
04-Jan-28 : Interest
₹845
04-Feb-28 : Interest
₹845
04-Mar-28 : Interest
₹845
04-Apr-28 : Interest
₹845
04-May-28 : Interest
₹845
04-Jun-28 : Interest
₹845
04-Jul-28 : Interest
₹845
04-Aug-28 : Interest
₹845
04-Sep-28 : Interest
₹845
04-Oct-28 : Interest
₹845
04-Nov-28 : Interest
₹845
04-Dec-28 : Interest
₹845
04-Jan-29 : Interest
₹845
04-Feb-29 : Interest
₹845
04-Mar-29 : Interest
-₹211
01-Apr-29 : Interest
-₹211
01-Apr-29 : Interest
-₹211
01-Apr-29 : Interest
₹2,02,556
01-Apr-29 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,02,556)

Summary

Instrument Attributes

Value

Coupon Rate

10.15%

Returns

High

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

FAQs about INE804IA7014 issued by Ecl Finance Limited

The instrument name of INE804IA7014 ISIN is ECL FINANCE LIMITED SERIES VI 10.15 NCD 04JN29 FVRS1000.
The interest earned from INE804IA7014 bond issued by Ecl Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE804IA7014 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.
This Debenture offers a coupon rate of 10.15%, which determines the periodic interest payments made to bondholders.
The INE804IA7014 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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