Edelweiss Financial NCD Bonds 2021 are Open on 06 December 2021 and to close on 27 December 2021. The Company will offer 9.70% interest rates on the NCD Bonds. And NCD tenure will be applicable for 26 months, 36 months, 60 months, and 120 months. The company will raise a Base fund of ₹200 and Shelf Fund ₹300 crores through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.
Edelweiss is one of India’s leading financial services conglomerates, offering a robust platform to a diversified client base across domestic and global geographies. Our continuous and single-minded focus is on understanding customers’ needs and offering the right financial solutions. Present in every financial life stage of a customer, helping them create wealth, grow wealth and protect everything, is our key lines of business.
- Credit (Retail, Corporate)
- Investment & Advisory (Wealth Management, Asset Management)
- Insurance (Life, General)
This diversified business model reflects our experience across India’s multiple consuming facets, from industrial behemoths and large companies to small businesses as well as the average Indian urban and rural household. Our 1.2 million strong 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 Group has a presence across all major cities in India.
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At Edelweiss, our nuanced understanding of the financial services sector, deftly balancing risks with rewards, combined with a relentless focus on systems, processes, and the highest governance standards, enables us to deliver quality services to our customers.
Edelweiss Financial NCD Review :
■ Apply
Edelweiss Financial NCD Security Name :
■ Edelweiss Financial Services Ltd
Edelweiss Financial NCD Security Type :
■ Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Edelweiss Financial NCD Ratings
| Agency | Rating |
| CRISIL | AA-/Negative |
| ACUITEE | AA/Negative |
Edelweiss Financial NCD Bonds Issue Details
| Issue Open | 06 December 2021 |
| Issue Close | 27 December 2021 |
| Issue Base Size | ₹200 Cr. |
| Issue Shelf Size | ₹300 Cr. |
| Price Band | ₹1000 Per NCD |
| Face Value | ₹1000 Each NCD |
| Interest Rate | 9.70% Annual |
| Listing on | BSE Platform |
Edelweiss Financial NCD Market Lot
| Market Lot : | 1 Lot |
| Minimum Lot size : | 10 NCD |
| Minimum Investment : | ₹10,000 |
Edelweiss Financial NCD Bond Issue Tenure & Interest Rates
| SR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Tenure | 24 Month | 24 Month | 36 Month | 36 Month | 36 Month | 60 Month | 60 Month | 60 Month | 120 Month | 120 Month |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Interest | Annual | N/A | Monthly | Annual | N/A | Monthly | Annual | N/A | Monthly | Annual |
| Coupon Rate | 8.75% | N/A | 8.75% | 9.10% | N/A | 9.15% | 9.55% | N/A | 9.30% | 9.70% |
| Effective Yield | 8.75% | 8.75% | 9.10% | 9.09% | 9.10% | 9.54% | 9.54% | 9.55% | 9.70% | 9.69% |
| Maturity | 1000 | 1182.65 | 1000 | 1000 | 1299 | 1000 | 1000 | 11578.25 | 1000 | 1000 |
About Edelweiss Financial Company
Our Company, Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995, under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011.
After commencing the business as an investment banking firm, the Company, through its subsidiaries has now diversified its businesses to include credit including retail and corporate credit, asset management, asset reconstruction, insurance including life and general insurance business, and wealth management businesses, which are conducted through its subsidiaries. However, the Wealth Management Business has ceased to be a subsidiary of our company with effect from March 26, 2021.
We believe that our research-driven and client-centric approach and consistent ability to capitalize on emerging market trends has enabled us to foster strong relationships across corporate, institutional (both domestic and international), high net-worth individuals, and retail clients. We have a pan-India and international network with approximately 224 domestic offices, including two offices in Mumbai, and 10 international offices (total 234 offices), in approximately 130 cities in India and six international locations, and employed approximately 6,069 employees as of March 31, 2021.
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Our group comprises 33 subsidiaries as of June 30, 2021. Our net profit/ (loss) for the quarter ended June 30, 2021, was ₹ 252.9 million on a consolidated basis. We believe that our diversified business strategy has improved the resilience of our business model across economic cycles. We constantly pursue innovation and invest in new ideas, newer products, newer alternate channels of delivery, and so on.
We seek to add significant value by providing new and innovative products and services and are committed to focusing on six key vectors in our journey into the future – people management, cost management, risk management, technology, customer experience, and innovation – while adhering to our business principles – which emphasize placing our clients’ interests first, commitment to excellence and innovation and teamwork.
Company Promoters :
■ Mr Rashesh Shah
Edelweiss Financial Services Board of Directors
| Name | Designation |
| Rashesh Shah | Chairman & Managing Director |
| Venkatachalam Ramaswamy | Vice-Chairman & Executive Director |
| Himanshu Kaji | Executive Director |
| Rujan Panjwani | Executive Director |
| Vidya Shah | Non-Executive Non-Independent Director |
| P. N. Venkatachalam | Independent Director |
| Berjis Desai | Independent Director |
| Navtej S. Nandra | Independent Director |
| Kunnasagaran Chinniah | Independent Director |
| Biswamohan Mahapatra | Independent Director |
| Ashok Kini | Independent Director |
| Dr. Ashima Goyal | Independent Director |
Quick Link :
■ RHP Draft Prospectus
■ RHP Draft Prospectus (Shelf)
Edelweiss Financial IPO Lead Managers :
■ Equirus Capital Private Limited
Edelweiss Financial NCD IPO Registrar :
KFintech Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad 500 032
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com
Company Address :
Edelweiss Financial Services Limited
Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai – 400 098,
Maharashtra, India
Tel: +91 22 4009 4400
Fax: +91 22 4086 3610
Website: www.edelweissfin.com
Email: [email protected]
Edelweiss Financial NCD FAQs:
What is Edelweiss Financial NCD?
Edelweiss Financial NCD is Security Bond.
When Edelweiss Financial NCD will open?
The Edelweiss Financial NCD is to open on 06 December 2021 – 27 December 2021.
What is the Edelweiss Financial NCD Size?
Edelweiss Financial NCD size is ₹500 Crores.
What is the issue Shelf size of Edelweiss Financial NCD?
The Fresh issue size of Edelweiss Financial NCD ₹300 Cr.
What is Edelweiss Financial NCD Price Band?
Edelweiss Financial NCD Price Band is ₹1000 Per NCD.
What is Edelweiss Financial NCD Minimum Lot Size?
The Edelweiss Financial NCD Minimum Lot Size 10.
What is Edelweiss Financial NCD Interest Rate?
The Edelweiss Financial NCD Interest Rate is 9.70% Annual.
What is the Edelweiss Financial NCD Allotment Date?
Edelweiss Financial NCD allotment date is Not Declare.
What is Edelweiss Financial NCD Listing Date?
Edelweiss Financial NCD listing date is Not Declare. The IPO to list on NSE, BSE.
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