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Edelweiss – ECL Finance Ltd – Public Issue of Secured NCDs 2018

ECL Finance Limited is one of the leading systematically important non-deposit taking NBFCs, focused on offering a board suite of secured corporate load products, retail loan products which are customized to suit the needs of the corporates, SMEs and individuals.


Edelweiss NCD Issue Highlights:

Issue Opens Thursday, 13th December, 2018
Issue Closes Friday, 11th January, 2019
Registrar Link Intime India Pvt Limited
Listing On BSE
Issue Price Rs. 1,000 per NCD
Face Value Rs. 1,000 per NCD
Minimum Application Rs. 10,000/‐ only
Tranche I Issue Size Rs 10,000 million
Credit Ratings “AA/Stable” by CRISIL and ICRA


*Effective Yield (Per Annum) for Edelweiss NCD:

Frequency Annual Cumulative Monthly Annual Cumulative Monthly Annual
Tenure 39 months 39 months 60 months 60 months 60 months 120 months 120 months
Coupon Rate 10.20% NA 9.95% 10.40% NA 10.15% 10.60%
Effective Yield 10.20% 10.20% 10.42% 10.40% 10.40% 10.64% 10.60%

Key benefits of NCDs:

Interest Rate

NCDs offer higher rate of interest to investors.


NCDs are rated by credit rating agencies.


Listed NCDs can be traded on stock exchange.


Difference between NCDs and FDs:

Difference between NCDS and FDs

Source: ECL Finance Limited 

Post Author: admin

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