Edelweiss Broking NCD July 2022 description – The company offers a wide range of financial services including broking services, distribution of financial products, short term funding for employee stock option schemes and margin trade financing facility. It is one of the leading brokers and distributors in India. The company offers its broking services through proprietary state of the art Website, Mobile Application, Terminal and API based trading platforms.
Edelweiss Broking has over 0.3 million of active client base and INR1.5 trillion of client assets spread across wide number of active broking accounts as of 31 March 2022. Its broking and allied services are offered through (i) online and digital platforms, and (ii) network of over 23,000 partners, as of 31 March 2022. It has had more than 2.2 million downloads of its mobile application, “Edelweiss Mobile Trader” as of 31 March 2022. Its customer outreach, spans across over 14,000 pin codes in India.
As part of its financial product distribution business, the company serves a wide spectrum of clients by facilitating investments in financial instruments and a mix of wealth solutions. As of 31 March 2022, it catered to 0.1 million clients who are serviced by a team of over 950 relationship managers, who are present across 57 cities in India including Mumbai, Delhi, Bengaluru, Chennai, Kolkata among others.
Promoters of Edelweiss Broking Limited – Edelweiss Securities Limited and PAGAC Ecstasy Pte. Limited
Edelweiss Broking NCD July 2022 Details
| Subscription Dates | 5 July – 12 July 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR150 crore |
| Overall Issue Size (including oversubscription) | INR300 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 24 months 36 months 60 months 120 months |
| Credit Rating | CRISIL AA-/Negative |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 10% Category 3 (HNI): 40% Category 4 (Retail): 40% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
Edelweiss Broking NCD July 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 24 months | Annual | 8.75% | 8.74% | INR1,000 |
| Series 2 | 24 months | Cumulative | NA | 8.75% | INR1,182.95 |
| Series 3 | 36 months | Monthly | 8.8% | 9.15% | INR1,000 |
| Series 4 | 36 months | Annual | 9.15% | 9.14% | INR1,000 |
| Series 5 | 36 months | Cumulative | NA | 9.15% | INR1,300.70 |
| Series 6 | 60 months | Monthly | 9.16% | 9.55% | INR1,000 |
| Series 7 | 60 months | Annual | 9.55% | 9.54% | INR1,000 |
| Series 8 | 60 months | Cumulative | NA | 9.55% | INR1,578.25 |
| Series 9 | 120 months | Monthly | 9.53% | 9.95% | INR1,000 |
| Series 10 | 120 months | Annual | 9.95% | 9.94% | INR1,000 |
Edelweiss Broking Non Convertible Debentures Lead Manager
Equirus Capital Private Limited
12th Floor, C Wing, Marathon Futurex,
N.M. Joshi Marg, Lower Parel,
Mumbai 400 013, Maharashtra
Phone: +91 22 4332 0700
Email: [email protected]
Website: www.equirus.com
Edelweiss Broking Non Convertible Debentures Registrar
KFin Technologies Limited
Selenium Tower B, Plot 31-32
Gachibowli, Financial District
Nanakramguda, Serilingampally,
Hyderabad 500 032
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
Edelweiss Broking NCD Documents
Edelweiss Broking Contact Details
Edelweiss Broking Limited
Edelweiss House, Off. CST Road
Kalina, Mumbai – 400 098
Phone: +91 22 4009 4400;
Email: [email protected]
Website: https://www.edelweiss.in
Edelweiss Broking NCD July 2022 Subscription Status (no. of times)
| Dates | Category 1 (QIB) | Category 2 (NII) | Category 3 (HNI) | Category 4 (Retail) | Total |
| 12 July 2022 | 0.00 | 2.19 | 1.77 | 3.34 | 2.26 |
| 11 July 2022 | 0.00 | 2.19 | 1.77 | 3.34 | 2.26 |
| 8 July 2022 | 0.00 | 2.10 | 1.45 | 2.61 | 1.84 |
| 7 July 2022 | 0.00 | 1.60 | 1.15 | 1.97 | 1.41 |
| 6 July 2022 | 0.00 | 1.51 | 0.86 | 1.27 | 1.00 |
| 5 July 2022 | 0.00 | 1.27 | 0.53 | 0.70 | 0.62 |
Edelweiss Broking NCD July 2022 Allotment Status
Edelweiss Broking NCD 2022 allotment status is now updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Edelweiss Broking NCD July 2022 FAQs
What is the face value and lot size of Edelweiss Broking NCD 2022?
The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in Edelweiss Broking NCD 2022?
The frequency of payment for Edelweiss Broking NCD is Monthly, Annual and Cumulative.
What is basis of allotment in Edelweiss Broking NCD 2022 offer?
Edelweiss Broking NCDs will be allotted on a First Come First Serve Basis.
