Edelweiss Financial Services NCD December 2024 FAQ's

₹200.00 Cr| Listing at BSE | Tue, Jan 7, 2025 - Mon, Jan 20, 2025

Edelweiss Financial Services NCD December 2024 Date & Price

The Edelweiss Financial Services NCD December 2024 issue opens on January 7, 2025 and closes on January 20, 2025. 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 Services NCD December 2024 Issue Timetable

Bid/Offer Opens OnJanuary 7, 2025
Bid/Offer Closes OnJanuary 20, 2025

Edelweiss Financial Services NCD December 2024 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 Services NCD December 2024 is Monthly and Annually.

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

Edelweiss Financial Services NCD December 2024 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until January 20, 2025. The bid may close earlier in case it is fully subscribed.

Edelweiss Financial Services Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8Series 9Series 10Series 11Series 12
Frequency of Interest PaymentAnnualNAMonthlyAnnualNAMonthlyAnnualNAAnnualMonthlyAnnualAnnual
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor24 Months24 Months36 Months36 Months36 Months60 Months60 Months60 Months60 Months120 Months120 Months120 Months
Coupon (% per Annum)9.5%NA9.57%10%NA10.04%10.5%NA10.5%10.49%11%11%
Effective Yield (% per Annum)9.5%9.5%10%10%10%10.51%10.49%10.5%10.5%11%10.99%10.99%
Amount on Maturity (In Rs.)Rs 1,000Rs 1,199.1Rs 1,000Rs 1,000Rs 1,331Rs 1,000Rs 1,000Rs 1,647.9Rs 1,000Rs 1,000Rs 1,000Rs 1,000

*Series 9 and 12 have staggered redemption options as listed below:

- For Series 9 - (Staggered redemption in 3 annual payments)Redemption of Rs.250 will be done at the end of the 3rd and 4th year each and Rs.500 in the 5th year on maturity.

- For Series 12 - (Staggered redemption in 5 annual payments)Redemption of Rs.200 each year will start from the 6th year till maturity.

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24, 36, 60 and 120 Months.

Edelweiss Financial Services NCD December 2024 Issue Size and Subscription Status

The Edelweiss Financial Services NCD December 2024 NCD issue size is ₹100.00 Cr.

Sorry, The number of shares offered in Edelweiss Financial Services NCD December 2024 is not available at this time. Please revisit us for latest updates.

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 Services NCD December 2024 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 Services NCD December 2024 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 Services NCD December 2024 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Edelweiss Financial Services NCD December 2024 NCD - Should I apply?

The NCDs proposed to be issued under the Issue have been rated CRISIL A+/Watch Negative (placed on ‘Rating Watch with Negative Implications’) for an amount of Rs 10,000 million by CRISIL Ratings Limited.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Edelweiss Financial Services NCD December 2024 which could help you with questions like Edelweiss Financial Services NCD December 2024 buy or not? You should also read Edelweiss Financial Services NCD December 2024 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.