Edelweiss Financial NCD December 2020 FAQ's

[.]| Listing at BSE | Wed, Dec 23, 2020 - Mon, Jan 4, 2021

Edelweiss Financial NCD December 2020 Date & Price

The Edelweiss Financial NCD December 2020 issue opens on December 23, 2020 and closes on January 4, 2021. for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.

Edelweiss Financial NCD December 2020 Issue Timetable

Bid/Offer Opens OnDecember 23, 2020
Bid/Offer Closes OnJanuary 4, 2021

Sorry, `Edelweiss Financial NCD December 2020` DRHP PDF Document is not available at this time.


Edelweiss Financial NCD December 2020 Red Herring Prospectus (RHP) PDF

Edelweiss Financial NCD December 2020 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Edelweiss Financial NCD December 2020 is Monthly, Annual and Cumulative.

Each application should be for a minimum of 10 NCD and multiples of 1 NCD thereof.

Edelweiss Financial NCD December 2020 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until January 4, 2021. The bid may close earlier in case it is fully subscribed.

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%

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 36 months, 60 months, 120 months.

The following categories of persons are eligible to apply in the Issue:

  • Category 1 - Institutional Investors including banks, provident funds, pension funds, Mutual Funds, Insurance Companies, NBFC Companies and National Investment Fund.
  • Category 2 - Non-Institutional Investors including Co-operative banks, Public/private charitable/ religious trusts, Partnership firms, Limited Liability Partnerships LLP Firms.
  • Category 3 - High Net-worth Individuals (HNIs) including retail investors who apply for above ₹10 lakhs.
  • Category 4 - Retail Individual Investors including retail investors who apply for less than ₹10 lakhs.

Edelweiss Financial NCD December 2020 Issue Size and Subscription Status

The Edelweiss Financial NCD December 2020 consists of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Cr
  • NCD Shelf Issue Size: ₹100.00 Cr

Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.

Shares offered in Edelweiss Financial NCD December 2020 are as below:

Edelweiss Financial NCD December 2020 Shares Offered by Category

Category 1 (QIB)100000
Category 2100000
Category 3 (HNI)400000
Category 4 (Retail)400000

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Edelweiss Financial NCD December 2020 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Edelweiss Financial NCD December 2020 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

You can check Edelweiss Financial Services Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.

It is hard to say at what price Edelweiss Financial NCD December 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Edelweiss Financial NCD December 2020 NCD - Should I apply?

Sorry, we do not provide NCD recommendations. But we share a lot of information about Edelweiss Financial NCD December 2020 which could help you with questions like Edelweiss Financial NCD December 2020 buy or not? You should also read Edelweiss Financial NCD December 2020 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Edelweiss Financial Services Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.