10.46% Edelweiss Financial Services NCD April 2023

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Last updated on April 3, 2024

NCD Subscription Allotment Status
Edelweiss Financial Services NCD April 2023

Edelweiss Financial Services NCD April 2023 description – Edelweiss Financial Services commenced operations as an investment banking firm but has diversified its businesses to include credit including retail and corporate credit, asset management, asset reconstruction, insurance, and wealth management businesses.

The company has a pan-India and international network with 238 domestic offices, and three international offices (a total of 241 offices) and employed 5,969 employees as of 31 December 2022. The group comprises 28 subsidiaries and 11 associate companies as of 31 December 2022. Its total income is INR 7,304.6 crore for FY 2022 and INR 3,393.3 crore for the six months ended 30 September 2022 and INR 5,534.92 crore for the nine months ended 31 December 2022 on a consolidated basis.

The company’s profit attributable to owners was INR 188.8 crore for the year ended 31 March 2022 and INR 93.6 crore for the six months ended 30 September 2022 and INR 194.9 crore for the nine months ended 31 December 2022 on a consolidated basis.

Promoters of Edelweiss Financial Services – Mr. Rashesh Shah, Mr. Venkatchalam Ramaswamy, Ms. Vidya Shah, Ms. Aparna T.C


Edelweiss Financial Services NCD April 2023 Details

Subscription Dates6 – 21 April 2023
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 200 crores
Overall Issue Size (including oversubscription)INR 400 crores
Minimum Lot Size10 NCD
Market Lot1 NCD
Tenor24 Months
36 Months
60 Months
120 Months
Credit RatingCRISIL AA-/Negative
ACUITE AA-/ Negative
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 10%
Category 3 (HNI): 40%
Category 4 (Retail): 40%
Basis of AllotmentFirst Come First Serve Basis
Listing OnBSE

Edelweiss Financial Services NCD April 2023 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series
1
24 monthsAnnual8.95%8.94%INR 1,000
Series
2
24 monthsCumulativeNA8.95%INR 1,187.30
Series
3
36 monthsMonthly9.20%9.59%INR 1,000
Series
4
36 monthsAnnual9.60%9.59%INR 1,000
Series
5
36 monthsCumulativeNA9.60%INR 1,317.0
Series
6
60 monthsMonthly9.67%10.10%INR 1,000
Series
7
60 monthsAnnual10.10%10.09%INR 1,000
Series
8
60 monthsCumulativeNA10.10%INR 1,618.70
Series
9
120 monthsMonthly10.00%10.46%INR 1,000
Series 10120 monthsAnnual10.45%10.44%INR 1,000

Edelweiss Financial Services Debentures Lead Manager

EQUIRUS CAPITAL PRIVATE LIMITED
12th Floor, C Wing,
Marathon Futurex, N.M. Joshi Marg,
Lower Parel, Mumbai 400 013
Phone: +91 22 4332 0736
Email: [email protected]
Website: www.equirus.com


Edelweiss Financial Services Debentures 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


Edelweiss Financial Services NCD Documents


Edelweiss Financial Services Contact Details

EDELWEISS FINANCIAL SERVICES LIMITED
Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai 400 098,
Maharashtra, India
Phone: +91 22 4009 4400
Email: [email protected]
Website: www.edelweissfin.com


Edelweiss Financial Services NCD April 2023 Subscription Status (no. of times)

DateQIBNIIHNIRetailTotal
21 Apr 20230.002.061.222.071.52
20 Apr 20230.001.551.051.851.31
19 Apr 20230.001.550.971.661.21
18 Apr 20230.001.200.811.471.03
17 Apr 20230.000.940.741.300.91
13 Apr 20230.000.920.691.220.86
12 Apr 20230.000.360.470.860.57
11 Apr 20230.000.360.380.660.45
10 Apr 20230.000.190.270.460.31
6 Apr 20230.000.160.080.170.12

Edelweiss Financial Services NCD April 2023 Allotment Status

Edelweiss Financial Services NCD April 2023 allotment status is now updated on the website of KFin Technologies’ website. Click on this link to get allotment status.


Edelweiss Financial Services NCD April 2023 FAQs

What is the face value and lot size of Edelweiss Financial Services NCD April 2023?

The NCDs will be issued at a face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Edelweiss Financial Services NCD April 2023?

The payment frequency for Edelweiss Financial Services NCD is Monthly,  Annual & Cumulative.

What is the basis of allotment in the Edelweiss Financial Services NCD April 2023 offer?

Edelweiss Financial Services NCDs will be allotted on a First Come First Serve Basis.

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