Edelweiss Financial Services Limited NCD (Edelweiss Financial NCD December 2020) Detail

Dec 23, 2020 - Jan 4, 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 December 2020 Detail

Issue Open Dec 23, 2020 - Jan 4, 2021
Security Name Edelweiss Financial Services Limited
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 100.00 Crores
Issue Size (Shelf) Rs 100.00 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
Tenor 36 months, 60 months, 120 months
Payment Frequency Monthly, Annual and Cumulative
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 10%
Category 2 10%
Category 3 40%
Category 4 40%

NCD's Offered by Category

Category ? NCD's Reserved
Category 1 100,000
Category 2 100,000
Category 3 400,000
Category 4 400,000
Total NCD's 1,000,000

Coupon Rates for Eash Series

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7
Frequency of Interest Payment Annually Cumulative Monthly Annually Cumulative Monthly Annually
Tenor 36 Months 36 Months 60 Months 60 Months 60 Months 120 Months 120 Months
Effective Yield (yearly) 9.35% 9.35% 9.80% 9.79% 9.80% 9.95% 9.94%

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 December 2020 Prospectus

Edelweiss Financial NCD December 2020 Subscription Status

The Edelweiss Financial NCD December 2020 was subscribed 2.40 times on Jan 4, 2021 5:00:00 AM. The NCD subscribed .

Category ?Subscription (times)
Category 44.55x
Category 31.37x
Category 2 (NII)0.33x
Category 1 (QIB)0.00x

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Edelweiss Financial NCD December 2020 Rating

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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 December 2020 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: ncd1.efsl@linkintime.co.in
Website: https://linkintime.co.in/

Edelweiss Financial NCD December 2020 Lead Manager(s)


5. Beautiful     Link|Jan 11, 2021 10:53:24 PM
i got allotment message from BSE thru email. but amount not debited from account. when is the listing day. NCD creidted to cdsl account
4. Gauraf     Link|Jan 9, 2021 7:48:17 AM
Guys I got allotment in my Demat account yesterday on 8th. But still my savings account has not been debited. It's showing funds are still blocked. What does that mean
3. Jaspreet Singh Oberoi     Link|Jan 8, 2021 3:07:28 PM
Allotment Done. You would soon receive account debit SMS if you haven't already.
3.1. Gauraf     Link|Jan 9, 2021 7:46:16 AM
Mate yesterday at 8pm i got allotment of edelweiss NCD. But yet my savings account has not been debited. It's showing funds r still blocked.
2. Beautiful     Link|Dec 24, 2020 12:30:13 PM
i invested in their group ECL finance couple of years back and getting regular interest so far. in my view no problem,
1. Beautiful     Link|Dec 24, 2020 12:25:25 PM
i invested in NCD of Edelweiss couple of years back in thier group issue. i am regularly getting the interest properly. there is no problem. i personally recommend.