ECL Finance Limited NCD FEB 2015

ECL Finance Limited NCD FEB 2015 Interest Rate Up to 10.60%

Company Profile

The group’s research driven approach and proven history of innovation has enabled it to foster strong relationships across corporate, institutional and individual clients. The Life Insurance, Retail Finance including Housing Finance, Mutual Fund and Retail Broking businesses – both online and offline formats, have paved the way for Edelweiss to cater to the large retail client segment. Edelweiss’ presence now covers 216 offices in 118 cities in India and abroad with 4,285 employees. Together with 5,000 strong network of Sub-Brokers and Authorized Persons, Edelweiss group has presence across all major cities in India catering to over 532,000 clients across various businesses in retail and wholesale segments.

NCD/Series Details

ECL Finance Limited Details

Issure
ECL Finance Limited
IssueOpensThursday,26February2015
IssueClosesMonday,16March2015
FaceValue&IssuePriceRs.1000 perBond
MinimumApplication10 NCDsi.e.Rs.10000/‐
ModeofAllotmentDemat/Physical mode
TDSNoTDS applicable,if appliedin Demat Mode
AllotmentFirstComeFirstServeBasis
Rating‘CAREAA’[DoubleA]byCARE‘[ICRA]AA(Stable)'byICRA
NRIInvestmentNRI’sare Not AllowedtoInvest
ListingBSE and NSE
RegistrarLinkIntime India Private Limited
Interest on ApplicationMoneyAsper Coupon Rates Applicable
Interest on Refund Money5%p.a.onre fund amount
Base Issue SizeRs.800C rs (includingoversubscription)

ECL Finance Limited Series Details

Options
I
II
III
IV
V
VI
Tenure36 Months36 Months36 Months60 Months60 Months60 Months
Frequency of Interest PaymentMonthlyAnnualCumulativeMonthlyAnnualCumulative
Face Value of NCDs (Rs. / NCD)Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Issue Price (Rs. / NCD)Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Coupon (%)Category I /II/III10.00%10.45%NA10.15%10.60%NA
Redemption Value Category I/II/III100010001,347100010001,655
Effective Yield of NCD Category I/II/III10.47%10.45%10.45%10.64%10.60%10.60%

Application Process and Form Submission/Collection Centers

Please take print of the Application Form A4 paper size. Click here to download Application form of ECL Finance Limited NCD FEB 2015
Attach following document along with the application form : –
1] PAN Card and Address Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD should be drawn in favour of “ECL Finance – NCD Escrow Account”.
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.
10] Free Home Service available *

Who Can Apply/Invest

Resident Public Financial Institutions State Industrial Development Corporations, Commercial Banks,Educational institutions and associations of persons and/or bodies established pursuant to or registered,Resident Indian Individuals ,Hindu undivided families through the Karta

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