Edelweiss Financial Services Limited NCD: Important Details to Checkout

  • 07-Apr-2025
  • 2 mins read
Edelweiss Financial Services NCD

Edelweiss Financial Services Limited NCD: Details to Checkout

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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