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Edelweiss Broking Limited NCD (Edelweiss Broking NCD July 2022) Detail

Jul 5, 2022 - Jul 12, 2022
Edelweiss Broking Limited Logo

Edelweiss Broking Limited is one of the leading broker and distributor in India. 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. The company offers broking services through proprietary state-of-the-art Websites, Mobile applications, terminals and API-based trading platforms. Edelweiss Broking Limited is registered as a stockbroker under the SEBI (Stock Brokers) Regulations, 1992.

Edelweiss Broking Limited has over 0.3 million active client base and Rs. 1.5 trillion of client assets spread across a wide number of active broking accounts as of March 31, 2022. The company's customer outreach spans over 14,000 pin codes in India as of March 31, 2022.

Edelweiss Broking NCD July 2022 Detail

Issue Open Jul 5, 2022 - Jul 12, 2022
Security Name Edelweiss Broking Limited
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 150.00 Crores
Issue Size (Shelf) Rs 150.00 Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 1 NCD
Listing At BSE
Credit Rating CRISIL AA-/Negative
Tenor 24, 36, 60 and 120 months
Series

Series I to X

Payment Frequency Monthly, Annual and Cumulative
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Institutional 10%
Non-Institutional 10%
HNI 40%
Retail 40%

NCD's Offered by Category

Category ? NCD's Reserved
Institutional 150,000
Non-Institutional 150,000
HNI 600,000
Retail 600,000
Total NCD's 1,500,000

Coupon Rates

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
Frequency of Interest Payment Annual Cumulative Monthly Annual Cumulative Monthly Annual Cumulative Monthly Annual
Nature Secured
Tenor(months) 24 24 36 36 36 60 60 60 120 120
Coupon Rate (Retail) 8.75% NA 8.80% 9.15% NA 9.16% 9.55% NA 9.53% 9.95%
Effective Yield (% per Annum) 8.74% 8.75% 9.15% 9.14% 9.15% 9.55% 9.54% 9.55% 9.95% 9.94%
Amount on Maturity 1,000 1,182.95 1,000 1,000 1,300.70 1,000 1,000 1,578.25 1,000 1,000

NCD Rating

The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 3,000 million by CRISIL Ratings Limited and "ACUITE AA" for an amount of Rs. 3,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.

Company Promoters

Edelweiss Securities Limited and PAGAC Ecstasy Pte. Limited are the company promoters.

Company Financials

Edelweiss Broking Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-201313.03433.63-30.18163.53
31-Mar-211762.1398.512.81337.15
31-Mar-223266.26730.1594.65533.88
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the funds which are being raised through the Issue:

  1. Working Capital Purpose
  2. General Corporate Purposes.

Edelweiss Broking NCD July 2022 Prospectus

Edelweiss Broking NCD July 2022 Subscription Status

The Edelweiss Broking NCD July 2022 is subscribed 2.26x times on Jul 11, 2022 6:29:00 AM. The ncd subscribed 1.77x times in the retail category, 0.00x times in the QIB category, and 2.19x times in the NII category.

Category ?Subscription (times)
Institutional0.00x
Non-Institutional2.19x
HNI1.77x
Retail3.34x
Total2.26x

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Edelweiss Broking NCD July 2022 Rating

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Company Contact Information

Edelweiss Broking Limited
2nd Floor, Office No. 201 -203,
Zodiac Plaza, Xavier College Road,
Off C G Road, Ahmedabad - 380 009

Phone: +91 79 6662 9900
Email: EWM.Secretarial@edelweissfin.com
Website: https://www.edelweiss.in

Edelweiss Broking NCD July 2022 Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: ebl.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/

Edelweiss Broking NCD July 2022 Lead Manager(s)


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