Tuesday, August 17, 2021

9.70% Edelweiss Financial NCD August 2021 Date, Rating & Interest Rates

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 a 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 Edelweiss Group. Their core business includes Credit (Retail, Corporate), Investment & Advisory (Wealth Management, Asset Management) and Insurance (Life, General). They have over 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 Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 17 August 2021. Edelweiss Financial will offer 9.70% interest rates on the NCDs. The NCDs tenure will be for 36 months, 60 months and 120 months.

Edelweiss Financial Services

Edelweiss Financial NCD Issue Details

 NCD Issue Open 17 August 2021
 NCD Issue Close 06 September 2021
 NCD Issue Size Base: 200 Cr. | Shelf: 800 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Upto 9.70% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Maximum Investment 1,000 Bonds (₹10,00,000)
 Listing on
 BSE Platform

Edelweiss Financial NCD Issue Rating

  • Acuite Ratings and Research:Acuite AA (Outlook: Negative)
  • ICRA Ratings: [ICRA]A+ (Negative)

Edelweiss Financial NCD Issue Listing

  • NCD Bonds will be list on BSE Only.

Edelweiss Financial NCD Issue Promoters

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

How to Apply Edelweiss Financial NCD Issue?

You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.

Edelweiss Financial NCD (August 2021) Tenure & Interest Rates

SeriesTenureCoupon Rate
Eff. Yield
26 Month
26 MonthCumulativeN/A8.35%1190
36 MonthAnnual8.50%8.49.70%1000
60 MonthAnnual8.75%8.75%1000
120 MonthAnnual9.00%8.99.70%1000

About Edelweiss Financial

As one of India's leading diversified financial services conglomerate, Edelweiss provides a broad range of financial products and services, catering to a substantial and differentiated client base, including corporations, institutions and individuals.

Edelweiss Financial NCD Lead Manager

  • Equirus Capital Private Limited

Edelweiss Financial NCD Allotment Status

  • Edelweiss Financial NCD issue allotment available on KFintech

NCD Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/

Company Information

Edelweiss Financial Services Ltd
Edelweiss House,
Off CST Road, Kalina,
Mumbai - 400098
Phone: +91 22 40094400
Email: cs@edelweissfin.com
Website: https://www.edelweissfin.com/

Edelweiss Financial NCD FAQs:

When is Edelweiss Financial NCD Open?
Edelweiss Financial NCD to open on August 17, 2021 and Closes on September 26, 2021.

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 ₹200 crores.

On Which platform the Edelweiss Financial NCD will list?
Edelweiss Financial NCD will list on BSE Platform.

How to apply for Edelweiss Financial NCD?
You can apply from your existing demat account online and offline.