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Edelweiss Housing Finance Limited is a housing finance company that offers various loan products like Home Loans including secured loans for the purchase, construction, renovation of residential properties, Non-Housing Loans including loan against property for the purchase of commercial property and business purposes, and Construction Finance to developers for construction of residential projects. The company also offers small ticket unsecured loans to individuals mainly in rural areas and corporates. Edelweiss Housing Finance Limited is a part of the Edelweiss Group.
As of December 31, 2021, Edelweiss Housing Finance Limited had 68 offices in 67 cities across India and 554 employees. The company has customers in over 800 talukas across India.
| Issue Open | April 6, 2022 - April 26, 2022 |
| Security Name | Edelweiss Housing Finance 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 and ACUITE 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 |
Category  |
NCD's Allocated |
|---|---|
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
| Category |
NCD's Reserved |
|---|---|
| Institutional | 150,000 |
| Non-Institutional | 150,000 |
| HNI | 600,000 |
| Retail | 600,000 |
| Total NCD's | 1,500,000 |
| Options | I | II | III | IV | V | VI | VII | VIII | IX | X |
|---|---|---|---|---|---|---|---|---|---|---|
| Nature | Secured NCDs | |||||||||
| Tenure | 24 months | 24 months | 36 Months | 36 months | 36 months | 60 months | 60 months | 60 months | 120 months | 120 months |
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual |
| Minimum Application | 10,000 (10 NCDs) | |||||||||
| In Multiples of | 1 NCD after minimum application | |||||||||
| Face Value of NCDs (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
| Issue Price (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
| Mode of Interest Payment/Redemption | Through various modes available | |||||||||
| Coupon (% per annum) for NCD Holders in Category I, II, III & Iv | 8.50% | NA | 8.70% | 9.05% | NA | 9.15% | 9.55% | NA | 9.30% | 9.70% |
| Coupon Type | Fixed | |||||||||
| Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category I, II, III & IV (%) | 1,000 | 1,177.50 | 1,000 | 1,000 | 1,297.15 | 1,000 | 1,000 | 1,578.25 | 1,000 | 1,000 |
| Effective Yield for NCD Holders in Category I, II, III & IV (%) | 8.49% | 8.50% | 9.05% | 9.04% | 9.05% | 9.54% | 9.54% | 9.55% | 9.70% | 9.69% |
| Put and Call Option | NA | |||||||||
The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 5,000 million by CRISIL Ratings Limited and "ACUITE AA/Negative" for an amount of Rs. 5,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.
Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited are the company promoters.
| Particulars | For the year/period ended (Rs in Millions) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 49,311 | 50,508.26 | 54,517.15 | ||
| Total Revenue | 5,510.54 | 6,073.90 | 6,658.95 | ||
| Profit After Tax | 37.29 | 15.55 | 624.59 | ||
The company proposes to utilise the funds which are being raised through the Issue:
The Edelweiss Housing Finance NCD Apr 2022 was subscribed 2.18 times on April 26, 2022 6:00:00 AM. The NCD subscribed 3.53 times in Retail, 1.14 times in HNI, 2.84 times in Non-Institutional, and 0.27 times in the Institutional category.
| Category ? | Subscription (times) |
|---|---|
| Retail | 3.53x |
| HNI | 1.14x |
| Non-Institutional | 2.84x |
| Institutional | 0.27x |
| Total | 2.18x |
15 3.7 Rating:  Vote Here ... |
Edelweiss Housing Finance Limited
Tower 3, 5th Floor, Wing B,
Kohinoor City Mall Kohinoor City,
Kirol Road, Kurla (West) Mumbai 400070
Phone: +91 22 4272 2200
Email: investorgrievances@edelweisshousingfin.com
Website: https://www.edelweisshousingfin.com/
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: ehfl.ncdipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
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