ECL (Edelweiss Capital Limited) Finance Limited, a Mumbai based Non-Banking Financial Company (NBFC) engaged in offering secured corporate and retail loan products, issuing the NCD (Non-Convertible Debentures). The company targets to raise a capital of up to Rs 2,000 crore through the tranche-1 issue. Edelweiss Capital NCD 2019 opens for investment on 10th May 2019 and closes on 17th May 2019. The non-convertible debentures of face value Rs 1,000 each will be offered to investors during this issue. The company is offering a coupon rate (rate of interest) of up to 10.40% on investment.
About ECL Finance Limited
ECL Finance Limited, a subsidiary of Edelweiss Financial Services. It is one of the leading systemically important non-deposit taking NBFCs, focused on offering a broad suite of secured corporate loan products, retail loan products to corporates, SMEs and individuals. The corporate and retail loan products of the company include Structured Collateralised Credit, Wholesale Mortgages, Loans against securities, Retail Mortgages, Loans against Property, and Agri Credit.
Edelweiss Capital NCD 2019 – Issue Details
| Issue Type | Secured Unsecured Non-Convertible Debentures |
|---|---|
| Issuer Company | ECL Finance Limited |
| Issue Opens | 10th May 2019 |
| Issue Closes | 17th May 2019 |
| Coupon Rate (ROI) | Up to 10.40% |
| Face Value | Rs 1,000 |
| Issue Price | Rs 1,000 |
| Minimum Order Quantity | 10 NCD (Rs 10,000) |
| Issue Size | Up to Rs 2,000 Crores |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
| Rating |
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| Lead Managers |
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| Registrar | Link Intime India Private Limited |
| Company Contact Details |
Edelweiss House, Off. C.S.T Road, Kalina, Mumbai 400098, Telephone: +91 22-4009 4400 |
Edelweiss Capital NCD 2019 – Issue Prospectus
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Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
Tags: #debenture #nonconvertible debenture #bond #Investment #NCD #Edelweiss NCD 2019 #ECL Finance NCD
