Edelweiss Financial NCD December 2021

Edelweiss Financial NCD December 2021 Details

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Edelweiss Financial NCD December 2021 will open for subscription from 06 December 2021.

Edelweiss Financial Services Ltd

Incorporated in 1995 in Mumbai as ‘Edelweiss Capital Limited’, Edelweiss Financial Services Limited (EFSL) is an investment banking firm and Merchant Banker. EFSL is also involved in the business including credit including retail and corporate credit, wealth management, asset management, asset reconstruction, and insurance including life and general insurance businesses through its subsidiaries.

Edelweiss Financial has 32 subsidiaries and 10 associate companies as of September 30, 2021. It has 226 offices in 124 cities in India and 6 international locations. It employed approximately 5,685 employees as of September 30, 2021.

Objects of the Issue

  • For the purpose of repayment /prepayment of interest and principal of existing borrowings of the company (At least 75%).
  • General corporate purposes (Maximum of up to 25%).

NCD Details

Issue OpenDec 6, 2021 – Dec 27, 2021
Security NameEdelweiss Financial Services Ltd
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)₹ 200.00 Crores
Issue Size (Shelf)₹ 300.00 Crores
Issue Price₹ 1000 per NCD
Face Value₹ 1000 each NCD
Minimum Lot size1 NCD
Market Lot1 NCD
Listing AtBSE
Credit RatingCRISIL AA-/Negative and ACUITEE AA/Negative
Tenor24, 36, 60, and 120 Months
SeriesSeries I to Series X
Payment FrequencyMonthly

Coupon Rates

Frequency of Interest PaymentAnnualNAMonthlyAnnualNAMonthlyAnnualNAMonthlyAnnual
Tenor24 Months24 Months36 MonthsThirty six Months36 Months60 Months6O Months60 Months120 Months120 Months
Coupon (% per annum) for NCD Holders in Category I,II,III and IV8.75%NA8.75%9.10%NA9.15%9.55%NA9.30%9.70%
Effective Yield (per annum) for NCD Holders in category I,II,III and IV8.75%8.75%9.10%9.09%9.10%9.54%9.54%9.55%9.70%9.69%
Amount (Rs/NCD) on Maturity for NCD Holders in Category I,II,III and IV₹1,000.00₹1,182.65₹1,000.00₹1,000.00₹1,299.00₹1,000.00₹1,000.00₹1,578.25₹1,000.00₹1,000.00

NCD Rating Details

The NCDs proposed to be issued under the issue have been rated “CRISIL AA-/” for an amount of Rs. 10,000 million by CRISIL dated October 22, 2021 and “ACUITE AA” for an amount of Rs. 15,000 million by Acuite dated October 20, 2021.

Company Financials

ParticularsFor the year/period ended (Rs in Millions)
Total Assets59,809.3036,792.8837,966.77
Total Revenue17,218.732,455.403,185.83
Profit After Tax7,162.12825.791,028.78

Company Promoters

  • Mr Rashesh Shah
  • Venkatchalam Ramaswamy
  • Vidya Shah
  • Aparna T.C

NCD Lead Manager

  • Equirus Capital Private Limited


KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: efsl2.ncdipo@kfintech.com

Company Contact Information

Edelweiss Financial Services Ltd
Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai 400 098,
Maharashtra, India
Phone: +91 22 4009 4400
Email: efslncd@edelweissfin.com

Final Thoughts

Non Convertible Debentures (NCD) is a better investment option for those who are looking for a diversified portfolio. investing in Edelweiss Financial NCD December 2021 is purely your personal choice. make a good study and analysis before you make the investment.

Happy Investing

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