Edelweiss Financial Services NCD January 2024 – Effective Yield 10.46% p.a.

Edelweiss Financial Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 9, 2024. Edelweiss Financial Services will offer 10.46% interest rates on the NCDs. Edelweiss Financial Services NCD has a rating of CRISIL A+/Stable by by CRISIL Ratings Limited and “[ICRA] A+ 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

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. Further, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) (“NWML”) has ceased to be an Associate of the Issuer with effect from March 30, 2023. We believe that our focus on product innovation and a seamless customer experience has helped expand our retail footprint to approximately ~6.3 million customers. Our research-driven approach and consistent ability to capitalize on emerging market trends have further enabled us to foster strong relationships across client segments including corporates, institutions (both domestic and international), high-networth individuals, and retail clients. We have a pan-India and international network with 238 (two hundred and thirty-eight) domestic offices, and 3 (three) international offices (total of 241 offices) and employed 6,176 employees as of September 30, 2023.


Edelweiss Financial Services NCD January 2024 Details

NCD Issue OpenJanuary 9, 2024
NCD Issue CloseJanuary 22, 2024
NCD Issue SizeBase: 125 Cr. | Shelf: 250 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.46% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL A+/Stable by CRISIL Ratings Limited
“[ICRA] A+ ” by ICRA Limited
Tenor24, 36, 60 and 120 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Edelweiss Financial Services NCD January 2024 Promoters

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

How to Apply Edelweiss Financial Services NCD January 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

  • May Apply

Edelweiss Financial Services NCD January 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual8.95%8.94%
224 MonthNANA8.95%
336 MonthsMonthly9.20%9.59%
436 MonthsAnnual9.60%9.59%
536 MonthsNANA9.60%
660 MonthsMonthly9.67%10.10%
760 MonthsAnnual10.10%10.09%
860 MonthNANA10.10%
9120 MonthsMonthly10.00%10.46%
10120 MonthsAnnual10.45%10.44%

Edelweiss Financial Services NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI40%
Retail40%

Edelweiss Financial Services NCD January 2024 Lead Manager

  • Trust Investment Advisors Private Limited
  • Nuvama Wealth Management Limited

Edelweiss Financial Services NCD January 2024 Allotment Status

  • Edelweiss Financial Services NCD issue allotment available on KFintech.

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

Edelweiss Financial Services NCD January 2024 FAQs:


When is Edelweiss Financial Services NCD Open?

Edelweiss Financial Services NCD is to open on January 9 and close on January 22, 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 ₹125 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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