Edelweiss Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on October 3, 2022. Edelweiss Financial will offer 10.10% interest rates on the NCDs. Edelweiss Financial NCD has a rating of CRISIL AA-/ Negative and ACUITE AA-/Negative. The NCDs tenure is for 24, 36, 60, and 120 Months. Check out Edelweiss Financial NCD 2022 details here.
Edelweiss Financial Services Limited aka EFSL is a public limited company, listed since 2007 (BSE: 532922, NSE: EDELWEISS). The company was incorporated in 1995 based in Mumbai with the name Edelweiss Capital Limited now known as Edelweiss Financial Services Limited is an investment banking firm and merchant banker. The company is a part of the Edelweiss Group. Their core business includes Credit (Retail, Corporate), Investment & Advisory (Wealth Management, Asset Management), and Insurance (Life, General). They have over a 1.2 million client base is serviced through a network of over 476 offices, with close to 11,000 employees. Together with a strong network of sub-brokers and authorized persons, the Edelweiss Group has a presence across all major cities in India.
Edelweiss Financial NCD October 2022 Issue Details
NCD Issue Open | October 3, 2022 |
NCD Issue Close | October 17, 2022 |
NCD Issue Size | Base: 400 Cr. | Shelf: 1000 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 10.10% ** (Annually) |
Minimum Investment | 10 Bond (₹10,000) |
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 |
Edelweiss Financial NCD October 2022 Promoters
- Mr Rashesh Shah
- Venkatchalam Ramaswamy
- Vidya Shah
- Aparna T.C
How to Apply Edelweiss Financial NCD October 2022 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 NCD October 2022 Tenure & Interest Rates
Series | Tenure | Payment | Coupon | Eff. Yield |
I | 24 Month | Annual | 8.85% | 8.84% |
II | 24 Month | Cumu. | NA | 8.85% |
III | 36 Month | Month | 8.90% | 9.27% |
IV | 36 Month | Annual | 9.25% | 9.24% |
V | 36 Month | Cumu. | NA | 9.25% |
VI | 60 Month | Month | 9.35% | 9.75% |
VII | 60 Month | Annual | 9.75% | 9.74% |
VIII | 60 Month | Cumu. | NA | 9.75% |
IX | 120 Month | Month | 9.65% | 10.08% |
X | 120 Month | Annual | 10.10% | 10.09% |
Edelweiss Financial NCD October 2022 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/
Edelweiss Financial NCD October 2022 Allotment Status
- Edelweiss Financial NCD issue allotment available on KFintech
Edelweiss Financial NCD October 2022 Lead Manager
- Equirus Capital Private Limited
Company Information
Edelweiss Financial Services Ltd
Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai 400 098,
Maharashtra, India
Phone: +91 22 4009 4400
Email: [email protected]
Website: https://www.edelweissfin.com/
Edelweiss Financial NCD October 2022 FAQs:
When is Edelweiss Financial NCD Open?
Edelweiss Financial NCD is to open on October 3 and close on October 17, 2022.
What is Edelweiss Financial NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Edelweiss Financial NCD Issue Size?
The NCD issue size is ₹300 crores.
On Which platform the Edelweiss Financial NCD will list?
Edelweiss Financial NCD will list on BSE Platforms.
How to apply for Edelweiss Financial NCD?
You can apply from your existing Demat account online and offline.
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– Source : IPOWATCH