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

Vijay Prajapati
August 17, 2021

Vijay Prajapati

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 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

Series	Tenure	Coupon Rate	Coupon Rate	Eff. Yield	Maturity
I	26 Month	Annual	8.35%	8.37%	1000
II	26 Month	Cumulative	N/A	8.35%	1190
III	36 Month	Annual	8.50%	8.49.70%	1000
IV	60 Month	Annual	8.75%	8.75%	1000
V	120 Month	Annual	9.00%	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: [email protected]
Website: https://karisma.kfintech.com/