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Edelweiss Financial Services Limited NCD (Edelweiss Financial NCD April 2021) Detail

Apr 1, 2021 - Apr 23, 2021
Edelweiss Financial Services Limited Logo

Incorporated in 1995 in Mumbai as 'Edelweiss Capital Limited', Edelweiss Financial Services Limited (EFSL) is an investment banking firm and Merchant Banker. EFSL is also involved in the business including credit including retail and corporate credit, wealth management, asset
management, asset reconstruction, and insurance including life and general insurance businesses through its subsidiaries.

Edelweiss Financial has 47 subsidiaries (including NBFCs and an HFC). It has 339 offices in 145 cities in India and six international locations. It employed approximately 9,197 employees as of September 30, 2020.

EFSL is a publically traded company since 2007 under the symbols NSE: EDELWEISS and BSE: 532922.

Edelweiss Financial NCD April 2021 Detail

Issue Open Apr 1, 2021 - Apr 23, 2021
Security Name Edelweiss Financial Services Limited
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 200.00 Crores
Issue Size (Shelf) Rs 200.00 Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating ‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited
Tenor
Series
Payment Frequency Monthly, Annual and Cumulative
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%
Category 4 0%

NCD's Offered by Category

Category ? NCD's Reserved
Category 1 200,000
Category 2 200,000
Category 3 800,000
Category 4 800,000
Total NCD's 2,000,000

Coupon Rates for Eash Series

Series

Frequency

Tenure

Coupon Rate

Effective Yield

I

Annual

36 months

9.10%

9.09%

II

Cumulative

36 months

NA

9.10%

III

Monthly

60 months

9.16%

9.55%

IV

Annual

60 months

9.55%

9.54%

V

Cumulative

60 months

NA

9.55%

VI

Monthly

120 months

9.30%

9.70%

VII

Annual

120 months

9.70%

9.69%

Company Promoters

Mr Rashesh Shah, Venkatchalam Ramaswamy, Vidya Shah and Aparna T.C are the promoters of the company.

Objects of the Issue

The objects of the Issue and the amount proposed to be financed from Net Proceeds are:

1. For the purpose of repayment /prepayment of interest and principal of existing borrowings of the Company (At least 75%).

2. General Corporate Purposes (Maximum of up to 25%)

Edelweiss Financial NCD April 2021 Prospectus

Edelweiss Financial NCD April 2021 Subscription Status

The Edelweiss Financial NCD April 2021 is subscribed 1.31x times on Apr 23, 2021 5:00:00 AM. The ncd subscribed 0.81x times in the retail category, 0.01x times in the QIB category, and 1.06x times in the NII category.

Category ?Subscription (times)
Category 1 (QIB)0.01x
Category 2 (NII)1.06x
Category 30.81x
Category 42.19x
Total1.31x

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Edelweiss Financial NCD April 2021 Rating

22
3.9
Rating:Rated 3.9 stars
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Edelweiss Financial NCD April 2021 Reviews

Company Contact Information

Edelweiss Financial Services Limited
Edelweiss House,
Off CST Road, Kalina,
Mumbai - 400098

Phone: +91 22 40094400
Email: cs@edelweissfin.com
Website: https://www.edelweissfin.com/

Edelweiss Financial NCD April 2021 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: ncd2.efsl@linkintime.co.in
Website: https://linkintime.co.in/

Edelweiss Financial NCD April 2021 Lead Manager(s)