Dear Customer,
It gives us immense pleasure in announcing Edelweiss Financial Services Limited NCD issue which will open on 6th December, 2021 for subscription.
Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011.
Issue Highlights:
- Tranche I Issue Period: 6th December – 27th December, 2021
- Issue Price: Rs.1,000 per NCD
- Face Value: Rs. 1,000 per NCD
- Minimum Application: 10 NCDs (Rs.10,000) & in multiple of 1NCD
- Credit Rating: “CRISIL AA-/Negative (pronounced as CRISIL double A minus rating with Negative outlook)” and “ACUITE AA/ Negative (pronounced as ACUITE double A rating with Negative outlook)”
- Allotment: First Come First Serve Basis*
Key Highlights of Issue Structure:
| Series | Frequency | Tenure | Coupon Rate | Effective Yield |
|---|---|---|---|---|
| I | Annual | 24 months | 8.75% | 8.75% |
| II | NA | 24 months | NA | 8.75% |
| III | Monthly | 36 months | 8.75% | 9.10% |
| IV | Annual | 36 months | 9.10% | 9.09% |
| V | NA | 36 months | NA | 9.10% |
| VI | Monthly | 60 months | 9.15% | 9.54% |
| VII | Annual | 60 months | 9.55% | 9.54% |
| VIII | NA | 60 months | NA | 9.55% |
| IX | Monthly | 120 months | 9.30% | 9.70% |
| X | Annual | 120 months | 9.70% | 9.69% |
To Invest Call Kunjbihari Kumawat – 9887154423
^An additional incentive of 0.20% p.a. will be offered for all Category of Investors in the proposed Issue, who are also holders of NCD(s)/Bond(s) previously issued by our Company, and/ or our group company, ECL Finance Limited, Edelweiss Housing Finance Limited, Edelweiss Retail Finance Limited and Edelweiss Finance & Investments Limited as the case may be, and/or are equity shareholder(s) of Edelweiss Financial Services Limited (“EFSL”) as the case may be, on the deemed date of allotment.
