NCD News of Edelweiss Financial NCD Tranche III July 2023

Edelweiss Financial Services Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹300.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹1,000.00 Crores.

Incorporated in 1995, Edelweiss Financial Services Limited (EFSL) is a Mumbai-based investment banking firm and Merchant Banker. Edelweiss is also involved in businesses like credit (retail and corporate), wealth management, asset management, asset reconstruction, and insurance including life and general insurance businesses through its subsidiaries.

Allotment of the NCD's will be done on First Come First Serve Basis.

Edelweiss Financial NCD Tranche III July 2023 is rated CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited.

The issue opens on Jul 4, 2023 and closes for subscription on Jul 17, 2023. The shares of the company to be list at BSE.

The public issue of Edelweiss Financial Services Limited opens on Jul 4, 2023 and closes for subscription on Jul 17, 2023.

The Edelweiss Financial NCD Tranche III July 2023 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.