Incorporated in 1995 in Mumbai as ‘Edelweiss Capital Limited’, Edelweiss Financial Services Limited (EFSL) is an investment banking firm and Merchant Banker. EFSL is also involved in the business including credit including retail and corporate credit, wealth management, asset
management, asset reconstruction, and insurance including life and general insurance businesses through its subsidiaries.
Edelweiss Financial has 47 subsidiaries (including NBFCs and an HFC). It has 339 offices in 145 cities in India and six international locations. It employed approximately 9,197 employees as of September 30, 2020.
EFSL is a publically traded company since 2007 under the symbols NSE: EDELWEISS and BSE: 532922.
Edelweiss Financial NCD April 2021 Detail
| Issue Open | Apr 1, 2021 – Apr 23, 2021 |
| Security Name | Edelweiss Financial Services Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 200.00 Crores |
| Issue Size (Shelf) | Rs 200.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 10 NCD |
| Listing At | BSE |
| Credit Rating | ‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)” by Brickwork Ratings India Private Limited |
| Tenor | |
| Series | |
| Payment Frequency | Monthly, Annual and Cumulative |
| Basis of Allotment | First Come First Serve Basis |
Coupon Rates for Eash Series
| Series | Frequency | Tenure | Coupon Rate | Effective Yield |
|---|---|---|---|---|
| I | Annual | 36 months | 9.10% | 9.09% |
| II | Cumulative | 36 months | NA | 9.10% |
| III | Monthly | 60 months | 9.16% | 9.55% |
| IV | Annual | 60 months | 9.55% | 9.54% |
| V | Cumulative | 60 months | NA | 9.55% |
| VI | Monthly | 120 months | 9.30% | 9.70% |
| VII | Annual | 120 months | 9.70% | 9.69% |
Company Promoters:
Mr Rashesh Shah, Venkatchalam Ramaswamy, Vidya Shah and Aparna T.C are the promoters of the company.
Objects of the Issue:
The objects of the Issue and the amount proposed to be financed from Net Proceeds are:
- For the purpose of repayment /prepayment of interest and principal of existing borrowings of the Company (At least 75%).
- General Corporate Purposes (Maximum of up to 25%)
Registrar & Company Details
| Company Contact Information | Edelweiss Financial NCD April 2021 Registrar |
| Edelweiss Financial Services Limited Edelweiss House, Off CST Road, Kalina, Mumbai – 400098 Phone: +91 22 40094400 Email: cs@edelweissfin.com Website: https://www.edelweissfin.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: ncd2.efsl@linkintime.co.in Website: http://www.linkintime.co.in |
