ECL Finance Limited is a leading systemically important non-deposit taking NBFCs and is a part of the Edelweiss Group, one of India's prominent financial services organization. ECL Finance Ltd. focused on offering a broad suite of secured corporate loan products, retail loan products which are customised to suit the needs of the corporate, SMEs and individuals.

ECL has launched a Secured Redeemable Non-Convertible Debenture today on 13th December, 2018, which will remain open till 11th January, 2019. The NCD is having a base issue size of an amount up to Rs 2,500 million, with an option to retain over subscription up to Rs 7,500 million, & tranche I issue size is Rs 10,000 million.

Details of the Issue-

-The allotment is First Come First Serve Basis. 

-It offers Coupon rate from 10.20% to 10.60% depending upon the Category of Investor and the   option applied for.

- Effective Yields - upto 10.60%.

- Face Value/Issue Price - Rs. 1,000 per NCD.

- Minimum Application - Rs 10,000/- Only

- Credit Ratings - "AA/Stable" by CRISIL and ICRA Ratings.

- Payment Mode - Compulsorily ASBA.

- Mode of Allotment and Trading - Demat only

- Listing on BSE

- Record Date - 15 Days

 Issue Break up -

Category	Allocation	Amount in Crs.
		Base Issue	Total Issue
Retail	30%	75	300
HNI	30%	75	300
Corporate	20%	50	200
QIB	20%	50	200
Total	100%	250	1,000