Last updated on January 18, 2023
Edelweiss Financial Services NCD January 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 237 domestic offices, and three international offices (total 240 offices) and employed 5,955 employees as at 30 September 2022. The group comprises 28 subsidiaries and 10 associate companies as at 30 September 2022. Its total income was INR 7,304.6 crore for FY 2022 and was INR 3,393.3 crore for the six months ended 30 September 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 was INR 93.6 crore for the six months ended 30 September 2022 on a consolidated basis.
Promoters of Edelweiss Financial Services – Rashesh Shah, Venkatchalam Ramaswamy, Vidya Shah, Aparna
Edelweiss Financial Services NCD January 2023 Details
| Subscription Dates | 3 – 16 January 2023 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base) | INR 200 crores |
| Overall Issue Size (including oversubscription) | INR 400 crores |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Tenor | 24 Months 36 Months 60 Months 120 Months |
| Credit Rating | CRISIL AA-/Negative ACUITE 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 Basis |
| Listing On | BSE |
Edelweiss Financial Services NCD January 2023 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 24 months | Annual | 9.00% | 8.99% | INR 1,000 |
| Series 2 | 24 months | Cumulative | NA | 9.00% | INR 1,188.40 |
| Series 3 | 36 months | Monthly | 9.20% | 9.59% | INR 1,000 |
| Series 4 | 36 months | Annual | 9.60% | 9.59% | INR 1,000 |
| Series 5 | 36 months | Cumulative | NA | 9.60% | INR 1,317.0 |
| Series 6 | 60 months | Monthly | 9.67% | 10.10% | INR 1,000 |
| Series 7 | 60 months | Annual | 10.10% | 10.09% | INR 1,000 |
| Series 8 | 60 months | Cumulative | NA | 10.10% | INR 1,618.30 |
| Series 9 | 120 months | Monthly | 10.00% | 10.46% | INR 1,000 |
| Series 10 | 120 months | Annual | 10.45% | 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 NCD Tranche I Prospectus
- Edelweiss Financial Services NCD Draft Shelf Prospectus
- Upcoming NCDs
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 January 2023 Subscription Status (no. of times)
| Date | QIB | NII | HNI | Retail | Total |
| 16 Jan 2023 | 0.00 | 3.29 | 1.85 | 3.20 | 2.35 |
| 13 Jan 2023 | 0.00 | 3.36 | 1.79 | 2.92 | 2.22 |
| 12 Jan 2023 | 0.00 | 3.33 | 1.70 | 2.75 | 2.11 |
| 11 Jan 2023 | 0.00 | 2.74 | 1.53 | 2.53 | 1.90 |
| 10 Jan 2023 | 0.00 | 2.47 | 1.43 | 2.30 | 1.74 |
| 9 Jan 2023 | 0.00 | 2.34 | 1.13 | 2.02 | 1.49 |
| 6 Jan 2023 | 0.00 | 1.68 | 0.86 | 1.50 | 1.11 |
| 5 Jan 2023 | 0.00 | 1.18 | 0.62 | 1.14 | 0.82 |
| 4 Jan 2023 | 0.00 | 1.15 | 0.42 | 0.76 | 0.59 |
| 3 Jan 2023 | 0.00 | 0.27 | 0.18 | 0.48 | 0.27 |
Edelweiss Financial Services NCD January 2023 Allotment Status
Edelweiss Financial Services NCD January 2023 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Edelweiss Financial Services NCD January 2023 FAQs
What is the face value and lot size of Edelweiss Financial Services NCD January 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 January 2023?
The frequency of payment for Muthoot Fincorp NCD is Monthly,  Annual & Cumulative.
What is basis of allotment in Edelweiss Financial Services NCD January 2023 offer?
Muthoot Fincorp NCDs will be allotted on a First Come First Serve Basis.
