April 14, 2025
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Edelweiss Financial Services NCD April 2025 Details & Guidance
NCD Issue Opens on 8 April 2025
NCD Issue Closes on 25 April 2025
# NCD Guidance is given at the bottom of the post
About the Company:
Edelweiss Financial Services Limited (EFSL) – A Diversified Financial Powerhouse
Incorporated in November 1995, Edelweiss Financial Services Limited (EFSL)—formerly known as Edelweiss Capital Limited—is a Mumbai-based investment banking and merchant banking firm with a strong legacy in financial services.
Over the years, Edelweiss has evolved into a diversified financial services group, offering a wide array of solutions across both retail and institutional segments through its various subsidiaries. Its core offerings include:
- Retail and Corporate Credit
- Asset Management (including Mutual Funds and Alternative Investment Funds)
- Asset Reconstruction
- Insurance (both Life and General Insurance)
- Wealth Management
As of June 30, 2024, the Edelweiss Group comprised 27 subsidiaries, each contributing to the group’s integrated financial ecosystem.
Wide Network & Global Presence:
By December 31, 2024, Edelweiss had established a robust pan-India presence with:
- 252 domestic offices across the country
- 3 international offices, enhancing its global reach
- A workforce of over 5,946 employees, driving growth and client engagement
Edelweiss continues to strengthen its position as a trusted financial partner by blending innovation, risk management, and customer-centric services.
Get more details about the company @ https://www.edelweissfin.com/
NCD Promoter:
The company’s promoters are Rashesh Shah, Mr. Venkatchalam Ramaswamy, Ms. Vidya Shah, and Ms. Aparna T.C.
NCD Rating
The NCDs proposed to be issued under the Issue have been rated CRISIL A+/Stable (pronounced as“Crisil A plus rating” with stable outlook) (for an amount of Rs 10,000 million by CRISIL Ratings Limited.)
| Edelweiss Financial Services NCD April 2025 Detail | |
| Issue Open | April 8, 2025 – April 24, 2025 |
| 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+/Stable 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 |
| NCD Allocation Ratio | |
| Category | NCD’s Allocated |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
| Total | 100% |
| NCD’s Offered by Category | |
| Category | NCD’s Reserved |
| Institutional | 1,00,000 |
| Non-Institutional | 1,00,000 |
| Retail | 4,00,000 |
| Category 4 | 4,00,000 |
| Total NCD’s | 10,00,000 |
| 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) | 9.50% | NA | 9.57% | 10% | NA | 10.04% | 10.50% | NA | 10.50% | 10.49% | 11% | 11% |
| Effective Yield (% per Annum) | 9.50% | 9.50% | 10% | 9.99% | 10% | 10.51% | 10.49% | 10.50% | 10.49% | 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 |
Edelweiss Financial Services NCD April 2025 Details & Guidance
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
For repayment/prepayment of interest and principal of existing borrowings of the Company.
General corporate purposes.
.
Edelweiss Financial Services Financial Information (Restated)
| Company Financials | ||
| Edelweiss Financial Services Limited Financial Information | ||
| Period Ended | 31-Mar-24 | 31-Mar-23 |
| Assets | 42,919.57 | 44,064.27 |
| Revenue | 9,601.58 | 8,632.59 |
| Profit After Tax | 673.94 | 424.13 |
| Net Worth | 604.93 | |
| Amount in Rs Crore | ||
Address of the Company
Edelweiss Financial Services Limited
Edelweiss House,
Off C.S.T.Road
Kalina, Mumbai-400098
NCD Lead Managers
Nuvama Wealth Management Limited
Trust Investment Advisors Private Limited
Tipsons Consultancy Services Pvt ltd
NCD Registrar
Kfin Technologies Limited
Edelweiss Financial Services NCD April 2025
Edelweiss Financial Services NCD April 2025
Edelweiss Financial Services NCD April 2025 Review by Paresh Gordhandas, CA & Research Analyst:
1.
Edelweiss Financial Services Limited (EFSL) – A Diversified Financial Powerhouse
Incorporated in November 1995, Edelweiss Financial Services Limited (EFSL)—formerly known as Edelweiss Capital Limited—is a Mumbai-based investment banking and merchant banking firm with a strong legacy in financial services.
Over the years, Edelweiss has evolved into a diversified financial services group, offering a wide array of solutions across both retail and institutional segments through its various subsidiaries.
2. Reasonably good profits and borrowing as compared to networth is at appropriate level.
3. The NCDs proposed to be issued under the Issue have been rated CRISIL A+/Stable (pronounced as“Crisil A plus rating” with stable outlook)
4. Small investment in this NCD is recommended
