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 Open | January 9, 2024 |
| NCD Issue Close | January 22, 2024 |
| NCD Issue Size | Base: 125 Cr. | Shelf: 250 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.46% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL A+/Stable by CRISIL Ratings Limited “[ICRA] A+ ” by ICRA Limited |
| Tenor | 24, 36, 60 and 120 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click 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
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Annual | 8.95% | 8.94% |
| 2 | 24 Month | NA | NA | 8.95% |
| 3 | 36 Months | Monthly | 9.20% | 9.59% |
| 4 | 36 Months | Annual | 9.60% | 9.59% |
| 5 | 36 Months | NA | NA | 9.60% |
| 6 | 60 Months | Monthly | 9.67% | 10.10% |
| 7 | 60 Months | Annual | 10.10% | 10.09% |
| 8 | 60 Month | NA | NA | 10.10% |
| 9 | 120 Months | Monthly | 10.00% | 10.46% |
| 10 | 120 Months | Annual | 10.45% | 10.44% |
Edelweiss Financial Services NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
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/
