Bond Issuer

ECL Finance Limited

Industry: NBFC / Credit

Credit rating: AA/Negative (illustrative from past issues; verify current)

The Edelweiss Group promoted ECL Finance as a leading NBFC in India. The company is engaged in rendering a diverse range of retail and corporate credit products, including corporat…

Issuer Overview

The Edelweiss Group promoted ECL Finance as a leading NBFC in India. The company is engaged in rendering a diverse range of retail and corporate credit products, including corporate finance, loan against property, loan against marketable securities, real estate finance, public issue financing, SME finance, and structured finance. ECL Finance Ltd is known to do good in the market compared to many other competitive companies.

About Company

People worldwide are found exploring ECL Finance Ltd's share price and the opportunities to invest in the company. The company recently issued bonds to allow retail investors to buy and commence with the investment in ECL Finance.

Business Overview

The success of the company is also evident through its recent issue that has received a good response. ECL Finance Limited bond bearing ISIN INE804I079Y6 (06-Aug-2018) has offered the secured bond coupon rate of 9.85% having a face value of Rs. 1000 each. The leading rating agency CRISIL has allocated it the rating AA/Negative and the maturity date for it is 6th Aug 2028. The company succeeded in winning the trust of investors. ECL Finance Ltd share price may attract investors also from the retail segment.

Key Highlights

  • Part of the Edelweiss Group financial services franchise
  • Diversified retail and corporate credit products
  • History of listed NCD issuances

Credit Rating

AA/Negative (illustrative from past issues; verify current)

Industries Served

  • Corporate Credit
  • SME Finance
  • Loan Against Property
  • Structured Finance

Strengths

  • You have the option to opt for cumulative interest payment, monthly or annually
  • ECL Finance NCDs Coupon rates generally range from 8.50% - 9.70% annually. You can choose to buy, considering your investing needs.
  • Investors can expect a relatively better annual yield of not less than 8% annually because the company already offered 9.85% in 2018.

Risk Factors

  • NBFC credit and concentration risk
  • Funding and refinancing risk
  • Market and collateral valuation risk on secured lending

Why Invest

  • ECL Finance adopts a diversified business model, showcasing its expertise in serving the financial needs of individuals in both urban and rural households and catering to companies of various sizes.
  • The Edelweiss Group, listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), not only operates nationwide but also serves international clients, with offices in Dubai, New York, Mauritius, Hong Kong, Singapore, and the UK.
  • Those interested in the Edelweiss NCD 2022 can explore BondsIndia, a platform providing information about Edelweiss NCD IPOs and other appealing investment opportunities. Investing with a secure issuer in the country can provide peace of mind.
  • By exploring BondsIndia, individuals can discover information about Edelweiss NCD IPOs and other attractive investment options that align with their varied investment needs, potentially helping them achieve their financial goals.
  • Investors at ECL Finance Limited NCDs have the option to choose from 24 months, 36 months, 60 months, & 120 months

Financial Snapshot

Sample Coupon
9.85%
Sample Rating
AA/Negative
Segment
NBFC Credit

FAQs

Disclaimer

The facts and information on this page are for information and awareness purposes only. No information provided here is intended for any specific user and should not be construed as investment advice or a recommendation of any kind. Consult your professional investment or tax advisor before investing in any securities, including bonds mentioned on this page. Digifinn (Launchpad Fintech Private Limited) shall not be liable for losses incurred based on decisions made using information on this page. Investments in debt securities are subject to credit, market, liquidity and default risks. Past performance is not indicative of future results. Verify the latest credit ratings, offer documents and suitability before investing.