Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API
Loading...

Edelweiss Housing Finance Limited NCD (Edelweiss Housing Finance NCD Apr 2022) Detail

Apr 6, 2022 - Apr 26, 2022
Edelweiss Housing Finance Limited Logo

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.

Edelweiss Housing Finance NCD Apr 2022 Detail

Issue Open Apr 6, 2022 - Apr 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

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 for Each Series

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

NCD Rating

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.

Company Promoters

Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited are the company promoters.

Company Financials

Summary of Consolidated financial Information
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

Objects of the Issue

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

  1. For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of existing borrowings of our Company.
  2. General Corporate Purposes.

Edelweiss Housing Finance NCD Apr 2022 Prospectus

Edelweiss Housing Finance NCD Apr 2022 Rating

14
3.6
Rating:Rated 3.6 stars
Vote Here ...

Edelweiss Housing Finance NCD Apr 2022 Reviews

Company Contact Information

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/

Edelweiss Housing Finance NCD Apr 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: ehfl.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/

Edelweiss Housing Finance NCD Apr 2022 Lead Manager(s)


1 Comments

1. Kalpesh Modi   I Like It. | Report Abuse |   Link | Apr 4, 2022 4:11:33 PM Reply
To apply contact ... 8 zero zero 3o3 4 four four four ..