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Instrument Details

ISIN: INE804IA7154

Face value

₹1,00,000

Coupon rate

ASK HIGH CONVICTION INDEX

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

3

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Jul 2019

Maturity Date

28 Jul 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ECL FINANCE LIMITED C3I901A BR NCD 28JL23 FVRS1LAC
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804IA7154, with a face value of ₹1,00,000 rs on 29Jul19 to raise 3 crores. The debt instrument is issued with a coupon rate of ASK HIGH CONVICTION INDEX 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 ASK HIGH CONVICTION INDEX LINKED SECURED UNLISTED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C3I901A. DATE OF MATURITY 28/07/2023. 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. CRISIL RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 22Jul19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

ASK HIGH CONVICTION INDEX

Returns

Linked to Markets

Bond Rating

WITHDRAWN

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 INE804IA7154 issued by Ecl Finance Limited

The instrument name of INE804IA7154 ISIN is ECL FINANCE LIMITED C3I901A BR NCD 28JL23 FVRS1LAC.
The interest earned from the INE804IA7154 bond issued by Ecl Finance Limited is paid at the time of maturity
This INE804IA7154 bond issued by Ecl Finance Limited has been assigned a credit rating of WITHDRAWN by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804IA7154 bond issued by Ecl Finance Limited is ASK HIGH CONVICTION INDEX.
The INE804IA7154 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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