ECL Finance Limited
ABOUT THE ISSUER
ECL Finance Ltd. operates as a non-banking financial company that provides wholesale and retail financing for industrial enterprises and individuals. It also engages in capital based business activities, including treasury operations, derivatives, and investments. The company was incorporated in 2005 and is based in Mumbai, India. ECL Finance Ltd. operates as a subsidiary of Edelweiss Financial Services Limited.
ISSUE DETAILS
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Issue Size: Rs.2,000 Crs
Base Issue Rs.500 Crore with an option to retain oversubscription up to Rs.1,500 Crore aggregating up to Tranche - 1 issue limit of Rs.2,000 Crore
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“AA/Stable” & “AA” with stable outlook
Rated by CRISIL and ICRA
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under Trading tab, click on IPO/OFS section
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Step 3
Click on “Current IPO/FD/OFS” tab
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Step 4
Select 'ECL Finance Limited' & “apply”