This entry is part 1 of 3 in the series NCD - ECL

ECL Finance Limited is coming out with a public issue oSecured redeemable Non-Convertible Debentures (NCDs) of face value of Rs.1000/- each aggregating upto Rs. 250 Crores,  with an option to retain oversubscription up to Rs. 250 Crores for issuance of additional NCDs, aggregating to a total of up to Rs.500 crores.   The issue is opens for subscription   16 Jan 2013 and closes on 27th January’2014. (Closed 20 Jan 2014) Allotment process complete check your DP for Allotment

Allotment is on First Come First Serve Basis. Hurry Retail Portion may be subscribe First day. Just ready your application & submit first day & ensure your allotment maximum

 Product Note

ECL Finance NCD Issue Highlights

IssuerECL Finance Ltd
Type of InstrumentSecured, Redeemable, NCD
Issue Open16 Jan 2014
Issue Close27 Jan 2014 (with option of early closure or extension)
Issue Size500 Cr.
Face ValueRs. 1,000
Min. Application Size10 Bonds (Rs.10000) & multiply of 1 NCD thereafter (across all series NCD)
Interest Monthly, Annually & Cumulative
Mode of AllotmentD'mat as well as Physical Form
RatingAA by CARE, BRICKWORK
ListingBSE

Specific Term of Issue

OptionsIIIIIIIV
Tenor3 yrs3 yrs5 yrs5 yrs
Coupon11.60NA11.85%NA
Yield12.24%12.24%12.52%12.52%
Yield (Shareholder)12.52%12.52%12.79%12.79%
Face Value1000100010001000
Maturity10001413.8710001803.26
Maturity (Shareholders)10001424.4110001825.71
Interest PaymentCumulativeMonthyAnnualCumulative

 NRI’s are Not Allowed to Invest

 Cheque Details :

Cheque / DD should be drawn in favour of  ” ECL Finance  – NCD Escrow Account “ by all applicant

:Note :   Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)

About Issue

About Company

  • ECL Finance is part of Edelweiss Group which is one of India’s prominent financial services organization having businesses organize around four broad lines – Credit including Retail Finance and debt capital markets;  Commodities; Financial Markets including Asset management and Life Insurance Business.
  • ECL Finance is one of the NBFC, focus on offering a broad suit of secured corporate loan products, retail loan product which are cutomized to suit the need of corporate , SMEs and Individuals.
  • Corporate and Retail Loan Products include – Corporate finance, loan against property , loan against Securities, Real Estate Finance , Structure Finance , SME Finance , Other financial products which includes Public Issue financing , ESOP Financing , funding against Hedged Commodities , Loan against MF/Bonds

Subscription

ECL Finance Ltd Subscription Details Daywise

94% Issue Subscribe Today may be Issue subscribe fully.  17 Jan 2014  5 PM

ECLCat ICat IICat III- A/BTotal
Issue Size100 Cr 100 Cr 300 Cr 500 Cr
20 JanSubscribe180.0373.65326.28579.95
No of times1.800.741.091.16
Unsubscribe--Issue Closed--
17 Jan Subscribe180.0371.76264.02515.80
No of times1.800.720.881.03
Unsubscribe-28.2435.98-
16 JanSubscribe180.0370.57177.28427.88
No of times1.800.710.590.86
Unsubscribe-29.43122.7272.17

For any query , Kindly Write to us at

                       rajendra@puneinvest.com or

                          Call Rajendra 7719917444        

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Application Process

PROCEDURES TO INVEST IN TAX FREE BOND & NCD:

Step 1 

Download Application Form 

Step 2

If Bonds / NCD   required in Dmat Format

  • Cheque drawn in favour titled a/c for application amount
  • Self attested photocopy of pancard of applicant

If Bonds required in Physical  Format

  • Cheque drawn in favour titled a/c for application amount
  • Self attested photocopy of pancard of applicant
  • Photocopy of the enclosed cheque
  • Self attested photocopy of address proof

Step 3

Allotment of NCD First Come First Serve Basis, so don’t wait for last day of issue. After Issue fully subscribe Issue automatically close 2nd day or 3rd day (short notice).

The Applicant has to submit Application, complete in all respect to Nearest Center in your Location.

  • Keep Photocopy of Application Form for your record.
  • To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
  • If you send photo copy of your application form we are track your application status and send you mail about Allotment status.

After Fill up & Submit Form Just Enter your details here for further Update

Applicant Details for ECL Finance

 

Verification

Listing

ECL Finance Ltd – Allotment & Listing Details

ISIN No. BSE/NSE Script Code, first Interest payment date, coupon , date of allotment listing date

NCD 2013-14ECL Finance Ltd
Issue Open16 Jan 2014
Issue Close 20 Jan 2014
Issue RegistrarLink Intime Pvt Ltd
Listing ExchangeBSE
Allotment Date28 Jan 2014
Listing Date3 Feb 2014
Interest Payment Date1st Interest Payment 1 April 2014,
Face Value1000
Circular Ref. No BSE - 20140131-8
Option I II III IV
Coupon11.60%NA11.85%NA
Period36 month36 month60 month60 month
ISIN NoINE 804IO7SG6 INE 804IO7SH4 INE 804IO7SI2 INE 804IO7SJ0
BSE Script 934951934952934953934954
Maturity Amt10001413.8710001803.26
Maturity28 Jan 201728 Jan 201728 Jan 201928 Jan 2019
Interest Payment1 April 2014NA1 April 2014NA

RajendraNCDecl ncd,ncdECL Finance Limited is coming out with a public issue of Secured redeemable Non-Convertible Debentures (NCDs) of face value of Rs.1000/- each aggregating upto Rs. 250 Crores,  with an option to retain oversubscription up to Rs. 250 Crores for issuance of additional NCDs, aggregating to a total of up to Rs.500 crores.   The issue is opens...Investment you need