After commencing the business as an investment banking firm, Edelweiss Financial Services, 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. They believe that their focus on product innovation and a seamless customer experience has helped expand their retail footprint to approximately -7.59 million customers. Their research driven approach and consistent ability to capitalist on emerging market trends has further enabled them to foster strong relationships across client segments including corporate, institutions (both domestic and international), high net worth individuals and retail clients. They have a pan-India and international network with 250 (two hundred and fifty) domestic offices, and 3 (three) international offices (total 253 offices) and employed 6,117 employees as at March 31, 2024.
Edelweiss Financial Services NCD July 2024 Details
| NCD Issue Open | July 8, 2024 |
| NCD Issue Close | July 22, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 200 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.00% ** (Annually) |
| Minimum Investment | 1 Bonds (₹1000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL A+/Watch Negative |
| 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 July 2024 Promoters
- Rashesh Chandrakant Shah, Venkatchalam A Ramaswamy, Vidya Rashesh Shah, and Aparna T.C are promoters of the company.
How to Apply Edelweiss Financial Services NCD July 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 July 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Annual | 9.50% | 9.50% |
| 2 | 24 Month | Cumu. | NA | 9.50% |
| 3 | 36 Month | Month | 9.57% | 10.00% |
| 4 | 36 Month | Annual | 10.00% | 10.00% |
| 5 | 36 Month | Cumu. | NA | 10.00% |
| 6 | 60 Month | Month | 10.04% | 10.51% |
| 7 | 60 Month | Annual | 10.50% | 10.49% |
| 8 | 60 Month | Cumu. | NA | 10.50% |
| 9 | 60 Month | Annual | 10.50% | 10.50% |
| 10 | 120 Month | Month | 10.49% | 11.00% |
| 11 | 120 Month | Annual | 11.00% | 10.99% |
| 12 | 120 Month | Annual | 11.00% | 10.99% |
Edelweiss Financial Services NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
Edelweiss Financial Services NCD July 2024 Lead Manager
- Trust Investment Advisors Private Limited
Edelweiss Financial Services NCD July 2024 Allotment Status
- Edelweiss Financial Services NCD issue allotment available on KFintech.
Edelweiss Financial Services NCD July 2024 Registrar
Kfin Technologies Limited
Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
Company Information
Edelweiss Financial Services Limited
Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai 400 098, Maharashtra, India
Phone: +91 22 4079 5199
Email: [email protected]
Website: www.edelweissfin.com
