Edelweiss Financial Services NCD issue opens on April 8, 2025 and closes on April 24, 2025. It is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The overall issue size is Rs 200 crores. The NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.
The allotment is on a first-come, first-serve basis. The listing is at BSE & NSE and the tenor is 24, 36, 60 and 120 months. The lead manager(s) of Edelweiss Financial Services Limited NCD are Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited and Tipsons Consultancy Services Private Limited, and the registrar of this NCD is Kfin Technologies Limited.
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Edelweiss Financial Services NCD: Important Details
Issue Open |
April 8, 2025 - April 24, 2025 |
Security Name |
Edelweiss Financial Services Limited |
Security Type |
Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
Issue Size (Base) |
Rs 100.00 Crores |
Issue Size (Oversubscription) |
Rs 100.00 Crores |
Overall Issue Size |
Rs 200.00 Crores |
Issue Price |
Rs 1000 per NCD |
Face Value |
Rs 1000 each NCD |
Minimum Lot size |
10 NCD |
Market Lot |
1 NCD |
Listing At |
BSE |
Credit Rating |
CRISIL A+/Stable by CRISIL Ratings Limited. |
Tenor |
24, 36, 60 and 120 Months |
Series |
Series I to XII |
Payment Frequency |
Monthly and Annually |
Basis of Allotment |
First Come First Serve Basis |
Debenture Trustee/s |
Beacon Trusteeship Limited |
Edelweiss Financial Services Limited: About the Company
Edelweiss Financial Services Limited, established in November 1995, is a diversified financial services company headquartered in Mumbai, India. Co-founded by Rashesh Shah and Venkat
Ramaswamy, the company offers an extensive range of financial products and services tailored to corporations, institutions, and individuals. Its business segments include retail credit, asset management, insurance (life and general), asset reconstruction, and alternative investments.
Edelweiss has built a robust platform with a presence across domestic and global markets. The company serves over 1.2 million clients through a network of more than 450 offices and employs approximately 10,000 professionals. It is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reflecting its credibility in the Indian financial sector.
With assets under management (AUM) of ₹175,000 crore as of 2023, Edelweiss emphasizes customer-centric solutions across wealth creation, growth, and protection.
Edelweiss Financial Services NCD: Objectives
The Company plans to utilise the net proceeds from the Issue towards the repayment or prepayment of interest and principal of existing borrowings of the company, as well as for general corporate purposes.
Edelweiss Financial Services Limited: Financial Performance (Amt in Rs Crore)
Period Ended |
31 Mar 2024 |
31 Mar 2023 |
Assets |
42,919.57 |
44,064.27 |
Revenue |
9,601.58 |
8,632.59 |
Profit After Tax |
673.94 |
424.13 |
Net Worth |
604.93 |
- |
Coupon Rates of Edelweiss Financial Services Limited NCD 2024
# |
Series 1 |
Series 2 |
Series 3 |
Series 4 |
Series 5 |
Series 6 |
Series 7 |
Series 8 |
Series 9 |
Series 10 |
Series 11 |
Series 12 |
Frequency of Interest Payment |
Annual |
NA |
Monthly |
Annual |
NA |
Monthly |
Annual |
NA |
Annual |
Monthly |
Annual |
Annual |
Nature |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Tenor |
24 Months |
24 Months |
36 Months |
36 Months |
36 Months |
60 Months |
60 Months |
60 Months |
60 Months |
120 Months |
120 Months |
120 Months |
Coupon (% per Annum) |
9.5% |
NA |
9.57% |
10% |
NA |
10.04% |
10.5% |
NA |
10.5% |
10.49% |
11% |
11% |
Effective Yield (% per Annum) |
9.5% |
9.5% |
10% |
9.99% |
10% |
10.51% |
10.49% |
10.5% |
10.49% |
11% |
10.99% |
10.99% |
Amount on Maturity (In Rs.) |
Rs 1,000 |
Rs 1,199.1 |
Rs 1,000 |
Rs 1,000 |
Rs 1,331 |
Rs 1,000 |
Rs 1,000 |
Rs 1,647.9 |
Rs 1,000 |
Rs 1,000 |
Rs 1,000 |
Rs 1,000 |
Edelweiss Financial Services NCD Rating, NCD Review
Edelweiss Financial Services NCD has received a rating of CRISIL A+/Stable by CRISIL Ratings Limited.
How do I apply for Edelweiss Financial Services Limited NCD?
You can click here to apply for the Edelweiss Financial Services NCD.
FAQs
1. What is NCD?
A Non-Convertible Debenture is a fixed-income financial instrument that cannot be converted into equity shares and pays a fixed rate of interest to investors over a specific period. To read more about NCDs click here.
2. When will the Edelweiss Financial Services Limited NCD be open for subscription?
Edelweiss Financial Services Limited NCD issue opens on April 8, 2025, and closes on April 24, 2025.
3. What is the issue size and price of the NCD?
The overall subscription issue size is Rs 200 crores. Edelweiss Financial Services NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.
4. How can I apply for the Edelweiss Financial Services Limited NCD?
You can click here to apply for the Edelweiss Financial Services NCD.
5. Who is appointed as a registrar of Edelweiss Financial Services Limited NCD?
Kfin Technologies Limited is appointed as the registrar for Edelweiss Financial Services NCD.
6. Lead manager for the Edelweiss Financial Services Limited NCD?
Edelweiss Financial Services Limited NCD lead manager(s) are Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited and Tipsons Consultancy Services Private Limited.
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