₹300.00 Cr| Listing at BSE | Tue, Jul 8, 2025 - Fri, Jul 18, 2025
Edelweiss Financial Services Ltd. NCD issue is a public issue of secured, redeemable, non-convertible debenture with a base issue size of ₹150.00 Cr and an option to retain oversubscription up to ₹150.00 Cr, aggregating to a total issue size of ₹300.00 Cr. The NCDs are offered at a face value ₹1000 each and an issue price of ₹1000 per NCD.
Edelweiss Financial Services Ltd. NCD issue opens on Jul 8, 2025 and closes on Jul 18, 2025. NCD are proposed to be listed on BSE.
The minimum lot size is 10 NCDs, requiring a minimum investment of ₹ 10,000 , while the market lot for trading is 1 NCD.
The issue offers interest rates ranging from 9.00% per annum to 10.50% per annum, depending on the series and tenure selected.
The NCD has been rated: A+ Stable by Crisil Ratings Limited.
Trust Investment Advisors Pvt.Ltd. is the Lead Manager to the issue, Beacon Trusteeship Ltd. is the Debenture Trustee, and Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the NCD Offer Document for detailed information on risk factors, financials, and the terms of the issue.
Open Date
Tue, Jul 8, 2025
Close Date
Fri, Jul 18, 2025
Issue Size (Overall)
₹300.00 Cr
Edelweiss Financial Services Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | Series 11 | Series 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | NA | Monthly | Annual | NA | Monthly | Annual | NA | Annual | Monthly | Annual | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months | 120 Months |
| Coupon (% per Annum) | 9.00% | NA | 9.35% | 9.75% | NA | 9.80% | 10.25% | NA | 10.25% | 10.03% | 10.50% | 10.50% |
| Effective Yield (% per Annum) | 9.00% | 9.00% | 9.75% | 9.74% | 9.75% | 10.24% | 10.24% | 10.25% | 10.24% | 10.50% | 10.49% | 10.49% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,188.10 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,322.30 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,629.33 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
Edelweiss Financial Services Ltd. NCD Rating given as following :
| S.No. | Rating Agency | NCD Rating | Outlook | Safety Degree | Risk Degree |
|---|---|---|---|---|---|
| 1 | Crisil Ratings Limited | A+ | Stable | Adequate degree of safety | Low credit risk |
Edelweiss Financial Services Limited's revenue decreased by 1% and profit after tax (PAT) rose by 1% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 41,622.50 | 42,919.57 | 44,064.27 |
| Revenue | 9,518.71 | 9,601.58 | 8,632.59 |
| Profit After Tax | 535.82 | 528.05 | 405.56 |
| Amount in ₹ Crore | |||
The company's promoters are Mr. Rashesh Chandrakant Shah, Mr. Venkatchalam A. Ramaswamy, Ms. Vidya Rashesh Shah, and Ms. Aparna T.C.
| Category | Allocated (%) | Shares Reserved |
|---|---|---|
| Institutional | 10.00% | 1,50,000 |
| Non-Institutional | 10.00% | 1,50,000 |
| HNI | 40.00% | 6,00,000 |
| Retail | 40.00% | 6,00,000 |
| Total | 100.00% | 15,00,000 |
Incorporated in November 1995, Edelweiss Financial Services Limited (EFSL), formerly known as Edelweiss Capital Limited, is a Mumbai-based investment banking firm and Merchant Banker.
Edelweiss provides retail and corporate credit, asset management, including mutual fund and alternative asset management, asset reconstruction, insurance both life and general insurance, and wealth management services through its subsidiaries. Edelweiss Group comprises 27 subsidiaries as of June 30, 2024.
As of March 31, 2025, the company has 5,612 employees.
Edelweiss has been a publicly traded company since 2007 under the symbols NSE: EDELWEISS and BSE: 532922.
The company intends to utilize the net proceeds towards the following objectives:
[Dilip Davda] This is the 15th debt issue from the company since December 2020. The last debt offer from the company was in the month of April 2025. The rating for this issue is maintained at A+/ Stable by CRISIL. The company has reduced coupon rates to 9.00% to 10.50%. Well-informed Investors may park moderate funds for the medium term. Read detail review...
The Edelweiss Financial Services NCD July 2025 was subscribed 2.37 times on Jul 18, 2025 13:00. The NCD subscribed 3.64 times in Retail, 1.22 times in HNI, 4.26 times in Non-Institutional, and 0.00 times in Institutional category.
Edelweiss Financial Services Ltd.
Edelweiss House,
Off C.S.T. Road,
Kalina,
Mumbai, Maharashtra, 400098
NSE and BSE offer NSEgoBid and BSEDirect apps/websites through which retail investors can apply for NCDs up to Rs 5 lakhs. Not all brokers and banks provide the facility to apply for NCD online.
To apply for an NCD online, the investor should fill in the NCD bid details online and provide the details of the DP and bank accounts (ASBA/UPI) as requested. In the case of a UPI application, the investor needs to approve the UPI mandate to complete the application process.
Steps to invest in NCD IPO through GoldenPi
Retail investors can apply for an IPO online if the investment amount is less than or up to 10 lakhs.
Steps to apply for NCD IPO with Indiabonds:
You can buy or invest in NCD IPOs through the following intermediaries:
The investor can apply for the NCD IPO online through NCD intermediaries such as a registered stockbroker, provided the broker offers an online application for the NCD IPO. Not many brokers allow you to invest in an NCD IPO online. Currently, very few brokers, such as Nuvama Wealth, Angel One, and SBI Securities, offer the facility to apply for NCD IPOs electronically. You should check with your broker or intermediary to see if the online application facility for the NCD IPO is available through them.
Refer to the detailed guidelines on NSEgoBID and BSEDirect for information on the registration process and how to apply for NCDs through the exchange.
Important links :
Read more about NCD Application Process.
The minimum amount required for NCD investment is Rs. 10,000.
Generally, the minimum lot size of NCD is 10, and the face value is 1,000.
NCD allotment can be checked on the BSE website or with the Registrar once the allotment has been made.
Steps to check the NCD allotment status at the BSE:
Alternatively, the applicant can also check the allotment status on the respective website of the Registrar for the issue. The applicant will need their PAN details or the applicant's Aadhaar number to check the status.
Generally, all applicants receive full allotment due to the retention of the oversubscription option.
Read more information on NCD Subscription and NCD Allotment Process.
No, you cannot withdraw or redeem Edelweiss Financial Services Ltd. NCDs before maturity directly from the company. However, there are a couple of options available if you want to exit early:
If the NCDs are listed on stock exchanges (like BSE/NSE), you can:
Only possible if a "call option" exists.
Read more about NCD Subscription and Allotment Process
Bid Cancellation and Withdrawal Policy for NCD Applicants
Note:
The specific process and conditions for post-closure cancellation vary by issuer. Applicants should refer to the Offer Document for issuer-specific guidelines.
