Edelweiss Financial Services NCD April 2024 – Effective Yield 10.44% p.a.

Edelweiss Financial Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on April 8, 2024. Edelweiss Financial Services will offer 10.44% interest rates on the NCDs. Edelweiss Financial Services NCD has a rating of CRISIL A+/Stable. The NCDs tenure is for 24, 36, 60 and 120 Months. Check out Edelweiss Financial Services NCD 2024 details here.

Edelweiss Financial Services NCD

Table of Contents

Edelweiss Financial Services Limited has a pan-India and international network with 244(two hundred and forty-four) domestic offices, and 3 (three) international offices (a total of 247 offices) and employed 6,092 employees as of December 31, 2023. After commencing the business as an investment banking firm, the Issuer, through its subsidiaries has diversified its businesses to include credit including retail and corporate credit, asset management including mutual fund and alternatives asset management businesses, asset reconstruction, insurance both life and general insurance business, and wealth management businesses. They believe that their focus on product innovation and a seamless customer experience has helped expand our retail footprint to approximately ~6.7 million customers. Their research-driven approach and consistent ability to capitalize on emerging market trends have further enabled us to foster strong relationships across client segments including corporate, institutions (both domestic and international), high-net-worth individuals and retail clients.


Edelweiss Financial Services NCD April 2024 Details

NCD Issue OpenApril 8, 2024
NCD Issue CloseApril 23, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 200 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.44% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL A+/Stable
Tenor24, 36, 60 and 120 months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Edelweiss Financial Services NCD April 2024 Promoters

  • Rashesh Shah, Mr. Venkatchalam Ramaswamy, Ms. Vidya Shah, and Ms. Aparna T.C are the promoters and is a professionally managed company.

How to Apply Edelweiss Financial Services NCD April 2024 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 Services NCD Review

  • Avoid

Edelweiss Financial Services NCD April 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual9.00%9.00%
224 MonthNANA9.00%
336 MonthMonth9.20%9.60%
436 MonthAnnual9.60%9.60%
536 MonthNANA9.60%
660 MonthMonth9.67%10.10%
760 MonthAnnual10.10%10.09%
860 MonthNANA10.10%
960 MonthAnnual10.10%10.10%
10120 MonthMonth10.00%10.46%
11120 MonthAnnual10.45%10.44%
12120 MonthAnnual10.45%10.44%

Edelweiss Financial Services NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI40%
Retail40%

Edelweiss Financial Services NCD April 2024 Lead Manager

  • Trust Investment Advisors Private Limited
  • Nuvama Wealth Management Limited

Edelweiss Financial Services NCD April 2024 Allotment Status

  • Edelweiss Financial Services NCD issue allotment available on KFintech.

Edelweiss Financial Services NCD April 2024 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://kosmic.kfintech.com/ipostatus/

Company Information

Edelweiss Financial Services Limited
Edelweiss House
,OffC.S.T.Road
Kalina, Mumbai-400098
Phone: +91224079 5199
Email: [email protected]
Website: https://www.edelweissfin.com/

Edelweiss Financial Services NCD April 2024 FAQs:


When is Edelweiss Financial Services NCD Open?

Edelweiss Financial Services NCD is to open on April 8 and close on April 23, 2024.

What is Edelweiss Financial Services NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Edelweiss Financial Services NCD Issue Size?

The NCD issue size is ₹200 crores.

On Which platform the Edelweiss Financial Services NCD will list?

Edelweiss Financial Services NCD will list on BSE Platforms.

How to apply for Edelweiss Financial Services NCD?

You can apply from your existing Demat account online and offline.

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