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.1000 Crs
Base Issue Rs.250 Crore with an option to retain oversubscription up to Rs.750 Crore aggregating up to Tranche - I Issue Limit of Rs.1,000 Crore.
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“AA/Stable” & “AA”
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