Ecl Finance Limited

About Ecl Finance Limited bond with ISIN: INE804I073E1

In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE804I073E1, represents a significant financial instrument. Issued by ECL FINANCE LIMITED, it comes with the following description: "NIFTY 50 INDEX LINKED SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES G6H601A. DATE OF MATURITY 17/08/2026". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, ECL FINANCE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65990MH2005PLC154854 further bolster its credibility. With a coupon rate of NIFTY 50 INDEX LINKED, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of SBI CAP TRUSTEE CO.LTD, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 25. It was allotted on 8/22/2016 and is scheduled for redemption on 8/17/2026. Categorized under "N/A" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of A+ as provided by BRICKWORK RATINGS INDIA PRIVATE LIMITED. In the market, ratings typically range from D to AAA, and a rating of A+ is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: THE DEBENTURES SHALL BE SECURED BY WAY OF A FIRST PARI PASSU MORTGAGE PREMISES AS DEFINED IN THE DEBENTURE TRUST DEED A CHARGE ON THE RECEIVABLES AND STOCK IN TRADE TO THE EXTENT EQUAL TO THE PRINCIPAL AND INTEREST AMOUNTS OF THE DEBENTURES OUTSTANDING AT ANY POINT OF TIME – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, BRICKWORK RATINGS INDIA PRIVATE LIMITED_07-06-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-04-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-10-2022. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE804I07E00 having a coupon rate of 9.75% and the bond with ISIN INE804I08767 having a coupon rate of 9.6% and the bond with ISIN INE804IA7022 having a coupon rate of 10.6% and the bond with ISIN INE804I08841 having a coupon rate of 9.25%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.