NCD News of Edelweiss Financial NCD Tranche II Sep 2022

Edelweiss Financial Services Ltd is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹200.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹200.00 Crores.

Incorporated in 1995, Edelweiss Financial Services Limited (EFSL) is a Mumbai-based investment banking firm and Merchant Banker. Edelweiss is also involved in businesses like credit (retail and corporate), wealth management, asset management, asset reconstruction, and insurance including life and general insurance businesses through its subsidiaries.

Allotment of the NCD's will be done on First Come First Serve Basis.

Edelweiss Financial NCD Tranche II Sep 2022 is rated CRISIL AA-/ Negative and ACUITE AA-/Negative.

The issue opens on Oct 3, 2022 and closes for subscription on Oct 17, 2022. The shares of the company to be list at BSE.

The public issue of Edelweiss Financial Services Ltd opens on Oct 3, 2022 and closes for subscription on Oct 17, 2022.

The Edelweiss Financial NCD Tranche II Sep 2022 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.