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Instrument Details

ISIN: INE804IA7162

Face value

₹1,00,000

Coupon rate

ASK HIGH CONVICTION INDEX

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

1

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Aug 2019

Maturity Date

29 Aug 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD AA- (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 SR B3J9O1A RR NCD 29AG23 FVRS1LAC
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804IA7162, with a face value of ₹1,00,000 rs on 30Aug19 to raise 1 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 RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B3J901A. DATE OF MATURITY 29/08/2023. 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 PP-MLD AA- rating to this Debenture on 20Jul19. 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
PP-MLD AA-
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Date Verified
07 Feb 2023
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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

ASK HIGH CONVICTION INDEX

Returns

Linked to Markets

Bond Rating

PP-MLD 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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE804IA7162 issued by Ecl Finance Limited

The instrument name of INE804IA7162 ISIN is ECL FINANCE LIMITED SR B3J9O1A RR NCD 29AG23 FVRS1LAC.
The interest earned from the INE804IA7162 bond issued by Ecl Finance Limited is paid at the time of maturity
This INE804IA7162 bond issued by Ecl Finance Limited has been assigned a credit rating of PP-MLD AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804IA7162 bond issued by Ecl Finance Limited is ASK HIGH CONVICTION INDEX.
The INE804IA7162 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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