The subscription for Edelweiss Financial Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) will begin on January 3, 2023. Edelweiss Financial Services will offer 10.46% interest rates on the NCDs. Edelweiss Financial Services NCD is rated CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/Negative by Acuité Ratings & Research Limited. NCDs have periods of time of 24, 36, 60, and 120 months. Check out the Edelweiss Financial Services NCD 2023 details here.
Edelweiss Financial Services Limited, or EFSL, is a public limited company that has been officially listed on the Bombay Stock Exchange since 2007 (BSE: 532922, NSE: EDELWEISS). Edelweiss Capital Limited, placed in Mumbai, was founded in 1995 as an investment banking firm and merchant banker. It is now known as Edelweiss Financial Services Limited. The firm is a subsidiary of the Edelweiss Group. Their main lines of business are credit (retail and corporate), investment and advisory (wealth management and asset management), and insurance (life and general).
Edelweiss Financial Services NCD January 2023 Issue Details
| NCD Issue Open | January 3, 2023 |
| NCD Issue Close | January 23, 2023 |
| NCD Issue Size | Base: 200 Cr. | Shelf: 1000 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.46% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL AA-/Negative and ACUITE AA-/ Negative |
| Tenor | 24, 36, 60 and 120 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Edelweiss Financial Services NCD January 2023 Promoters
- Mr Rashesh Shah
- Venkatchalam Ramaswamy
- Vidya Shah
- Aparna T.C
How to Apply Edelweiss Financial Services NCD January 2023 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Edelweiss Financial Services NCD January 2023 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
|---|---|---|---|---|
| I | 24 Month | Annual | 9.00% | 8.99% |
| II | 24 Month | Cumu. | NA | 9.00% |
| III | 36 Month | Month | 9.20% | 9.59% |
| IV | 36 Month | Annual | 9.60% | 9.59% |
| V | 36 Month | Cumu. | NA | 9.60% |
| VI | 60 Month | Month | 9.67% | 10.10% |
| VII | 60 Month | Annual | 10.10% | 10.09% |
| VIII | 60 Month | Cumu. | NA | 10.10% |
| IX | 120 Month | Month | 10.00% | 10.46% |
| X | 120 Month | Annual | 10.45% | 10.44% |
Edelweiss Financial Services NCD January 2023 Lead Manager
- Equirus Capital Private Limited
Edelweiss Financial Services NCD January 2023 Allotment Status
- Edelweiss Financial Services NCD issue allotment available on KFintech
Edelweiss Financial Services
Registrar:
KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com
Company Information:
Edelweiss Financial Services Limited
Edelweiss House,
Off C.S.T. Road, Kalina,
Mumbai 400 098
Phone: +91 22 4009 4400
Email: [email protected]
Website: http://www.edelweissfin.com
Edelweiss Financial Services NCD January 2023 FAQs:
Q1. When is Edelweiss Financial Services NCD Open?
Ans. Edelweiss Financial Services NCD is to open on January 3 and close on January 23, 2023.
Q2. What is Edelweiss Financial Services NCD Price?
Ans. The company has fixed the price at ₹1000 per NCD.
Q3. What is Edelweiss Financial Services NCD Issue Size?
Ans. The NCD issue size is ₹200 crores.
Q4. On Which platform the Edelweiss Financial Services NCD will list?
Ans. Edelweiss Financial Services NCD will list on BSE Platforms.
Q5. How to apply for Edelweiss Financial Services NCD?
Ans. You can apply from your existing Demat account online and offline.
