10.46% Edelweiss Financial Services NCD October 2023

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Last updated on October 28, 2023

NCD Subscription Allotment Status
Edelweiss Financial Services NCD October 2023

Edelweiss Financial Services NCD October 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 242 domestic offices, and three international offices (total 245 offices) and employed 6,062 employees as of 30 June 2023. The group comprises 28 subsidiaries and 10 associate companies as of 30 June 2023.

Its total income of the company was INR 10,848.85 crores for the year 31 March 2021, INR 7,304.59 crores for the year 31 March 2022, and INR 8,632.59 crores for the year 31 March 2023 on a consolidated basis. The profit attributable to owners of the company was INR 2 65.34 crore for the year 31 March 2021, INR 188.78 crore for the year ended 31 March 2022, and INR 344.16 crore for the year 31 March 2023 on a consolidated basis.

Promoters of Edelweiss Financial Services – Rashesh Shah, Venkatchalam Ramaswamy, Vidya Shah, Aparna


Edelweiss Financial Services NCD October 2023 Details

Subscription Dates6 – 19 October 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 100 crores
Overall Issue Size (including oversubscription)INR 200 crores
Minimum Lot size10 NCD
Market Lot1 NCD
Tenor24 Months
36 Months
60 Months
120 Months
Credit RatingCRISIL 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 October 2023 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 124 monthsAnnual8.95%8.94%INR 1,000
Series 224 monthsCumulativeNA8.95%INR 1,187.30
Series 336 monthsMonthly9.20%9.59%INR 1,000
Series 436 monthsAnnual9.60%9.59%INR 1,000
Series 536 monthsCumulativeNA9.60%INR 1,317.0
Series 660 monthsMonthly9.67%10.10%INR 1,000
Series 760 monthsAnnual10.10%10.09%INR 1,000
Series 860 monthsCumulativeNA10.10%INR 1,618.70
Series 9120 monthsMonthly10.00%10.46%INR 1,000
Series 10120 monthsAnnual10.45%10.44%INR 1,000

Edelweiss Financial Services Debentures Lead Manager

TRUST INVESTMENT ADVISORS PRIVATE LIMITED
109/110, Balarama, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051, Maharashtra
Phone: +91 22 4084 5000
Email[email protected]
Website: www.trustgroup.in


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 4079 5199
Email: [email protected]
Website: www.edelweissfin.com


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

DateQIBNIIHNIRetailTotal
19 Oct 20230.211.431.293.312.01
18 Oct 20230.011.231.293.291.95
17 Oct 20230.011.121.082.931.72
16 Oct 20230.011.110.982.751.61
13 Oct 20230.011.100.832.531.46
12 Oct 20230.011.110.762.341.35
11 Oct 20230.012.430.262.061.17
10 Oct 20230.002.300.241.861.07
9 Oct 20230.001.750.141.380.79
6 Oct 20230.001.240.110.720.46

Edelweiss Financial Services NCD October 2023 Allotment Status

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


Edelweiss Financial Services NCD October 2023 FAQs

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

The frequency of payment for Muthoot Fincorp NCD is Monthly,  Annual, and cumulative.

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

Muthoot Fincorp NCDs will be allotted on a First Come First Serve Basis.

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