Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Incorporated in November 1995, Edelweiss Financial Services Limited (EFSL), formerly known as Edelweiss Capital Limited is a Mumbai-based investment banking firm and Merchant Banker.
Edelweiss provides retail and corporate credit, asset management including mutual fund and alternatives asset management, asset reconstruction, insurance both life and general insurance, and wealth management services through its subsidiaries. Edelweiss Group comprises 27 subsidiaries as of June 30, 2024.
As of June 30, 2024, the company has a pan-India and international network with 251 domestic offices, and 3 international offices and employs over 5,889 employees.
Edelweiss has been a publicly traded company since 2007 under the symbols NSE: EDELWEISS and BSE: 532922.
| Issue Open | October 7, 2024 - October 18, 2024 |
| Security Name | Edelweiss Financial Services Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 100.00 Crores |
| Issue Size (Oversubscription) | Rs 100.00 Crores |
| Overall Issue Size | Rs 200.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE |
| Credit Rating | CRISIL A+/Watch Negative by CRISIL Ratings Limited. |
| Tenor | 24, 36, 60 and 120 Months |
| Series | Series I to XII |
| Payment Frequency | Monthly and Annually |
| Basis of Allotment | First Come First Serve Basis |
| Debenture Trustee/s | Beacon Trusteeship Limited |
Category  |
NCD's Allocated |
|---|---|
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
Edelweiss Financial Services Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | Series 11 | Series 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | NA | Monthly | Annual | NA | Monthly | Annual | NA | Annual | Monthly | Annual | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months | 120 Months |
| Coupon (% per Annum) | 9.5% | NA | 9.57% | 10% | NA | 10.04% | 10.5% | NA | 10.5% | 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 1,000 | Rs 1,199.1 | Rs 1,000 | Rs 1,000 | Rs 1,331 | Rs 1,000 | Rs 1,000 | Rs 1,647.9 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 |
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.
The company's promoters are Mr. Rashesh Chandrakant Shah, Mr. Venkatchalam A. Ramaswamy, Ms. Vidya Rashesh Shah, and Ms. Aparna T.C.
Edelweiss Financial Services Limited's revenue increased by 11% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | ||||||||||||||||||
| Assets | 42,919.57 | 44,064.27 | ||||||||||||||||||
| Revenue | 9,601.58 | 8,632.59 | ||||||||||||||||||
| Profit After Tax | 528.05 | 405.56 | ||||||||||||||||||
| Reserves and Surplus | 4,377.82 | 6,442.88 | ||||||||||||||||||
| Total Borrowing | 20,248.42 | 2,588.65 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
The company intends to utilize the net proceeds towards the following objectives:
The Edelweiss Financial Services NCD October 2024 was subscribed 0.97 times on October 15, 2024 5:00:00 PM. The NCD subscribed 1.59 times in Retail, 0.67 times in HNI, 0.60 times in Non-Institutional, and 0.00 times in the Institutional category.
| Category ? | Subscription (times) |
|---|---|
| Retail | 1.59x |
| HNI | 0.67x |
| Non-Institutional | 0.60x |
| Institutional | 0.00x |
| Total | 0.97x |
6 2.3 Rating:  Vote Here ... |
Edelweiss Financial Services Limited
Edelweiss House,
Off C.S.T. Road, Kalina,
Mumbai - 400098
Phone: +91224079 5199
Email: efslncd@edelweissfin.com
Website: https://www.edelweissfin.com/
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: efsl.ncdipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Useful Articles
|
| Link|October 10, 2024 11:11:17 AMReply
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
