11.00% Edelweiss Financial Services NCD July 2024

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Last updated on July 8, 2024

NCD Subscription Allotment Status
Edelweiss Financial Services NCD July 2024

Edelweiss Financial Services NCD July 2024 description – Edelweiss Financial Services commenced operations as an investment banking firm but has diversified its businesses to include retail and corporate credit, asset management including mutual fund and alternatives asset management businesses, asset reconstruction, insurance both life and general insurance business. Its retail footprint to approximately ~7.59 million customers.

The company has a pan-India and international network with 250 domestic offices, and three international offices (a total of 253 offices) and employed 6,117 employees as of 31 March 2024, as of the same date, the group comprises 27 subsidiaries and 10 associate companies.

The total income of the company was INR 7,304.59 crores for FY 2022, INR 8,632.59 crores for FY 2023, and INR 9,601.58 crores for FY 2024 on a consolidated basis. The profit attributable to owners of the company was INR 188.78 crore for the year ended 31 March 2022, INR 344.16 crore for the year 31 March 2023, and INR 420.70 crore for the year 31 March 2024 on a consolidated basis.

Edelweiss Financial Services NCD

Promoters of Edelweiss Financial Services – Rashesh Chandrakant Shah, Venkatchalam A Ramaswamy, Vidya Rashesh Shah, and Aparna T.C


Edelweiss Financial Services NCD July 2024 Details

Subscription Dates8 – 22 July 2024
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 crore
Overall Issue Size (including oversubscription)INR 200 crore
Minimum Lot Size10 NCD
Market Lot1 NCD
Tenor24 Months
36 Months
60 Months
120 Months
Credit RatingCRISIL A+/Watch 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 July 2024 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 124 monthsAnnual9.50%9.50%INR 1,000
Series 224 monthsCumulativeNA9.50%INR 1,199.10
Series 336 monthsMonthly9.57%10.00%INR 1,000
Series 436 monthsAnnual10.00%10.00%INR 1,000
Series 536 monthsCumulativeNA10.00%INR 1,331
Series 660 monthsMonthly10.04%10.51%INR 1,000
Series 760 monthsAnnual10.50%10.49%INR 1,000
Series 860 monthsCumulativeNA10.50%INR 1,647.90
Series 960 monthsAnnual10.50%10.50%INR 1,000
Series 10120 monthsMonthly10.49%11.00%INR 1,000
Series 11120 monthsAnnual11.00%10.99%INR 1,000
Series 12120 monthsAnnual11.00%10.99%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 July 2024 Subscription Status (no. of times)

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Edelweiss Financial Services NCD July 2024 Allotment Status

Edelweiss Financial Services NCD July 2024 allotment status will be updated on the website of KFin Technologies’ website. Click on this link to get allotment status.


Edelweiss Financial Services NCD July 2024 FAQs

What is the face value and lot size of Edelweiss Financial Services NCD July 2024?

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 interest payment frequency in Edelweiss Financial Services NCD July 2024?

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

What is the basis of allotment in Edelweiss Financial Services NCD July 2024 offer?

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

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