Edelweiss Housing Finance NCD Apr 2022 Issue Analysis @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, We are the Only Investment Platform in India, which has successfully completed 22 Years

Edelweiss Housing Finance Company Details
Edelweiss Housing Finance Limited is a housing finance company that offers various loan products like Home Loans including secured loans for the purchase, construction, renovation of residential properties, Non-Housing Loans including loan against property for the purchase of commercial property and business purposes, and Construction Finance to developers for construction of residential projects. The company also offers small ticket unsecured loans to individuals mainly in rural areas and corporates. Edelweiss Housing Finance Limited is a part of the Edelweiss Group.

As of December 31, 2021, Edelweiss Housing Finance Limited had 68 offices in 67 cities across India and 554 employees. The company has customers in over 800 talukas across India.
For more information, click https://www.edelweisshousingfin.com/

Promoters of Edelweiss Housing Finance
Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited

Objects of the Issue
The company proposes to utilise the funds for the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of existing borrowings of the Company

Edelweiss Housing Finance NCD Apr 2022 Detail
NCD Issue Opens on  Apr 6, 2022 –
NCD Issue Closes onApr 26, 2022
Security Name Edelweiss Housing Finance Limited
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 150.00 Crores
Issue Size (Shelf) Rs 150.00 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 AA-/ Negative and ACUITE AA/Negative
Tenor 24, 36, 60 and 120 months
Series
Series I to X

Payment Frequency Monthly, Annual and Cumulative
Basis of Allotment First Come First Serve Basis

Coupon Rates for Each Series
Options	I	II	III	IV	V	VI	VII	VIII	IX	X
Nature	Secured NCDs
Tenure	24 months	24 months	36 Months	36 months	36 months	60 months	60 months	60 months	120 months	120 months
Frequency of Interest Payment	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual
Minimum Application	10,000 ( eg.10 NCDs)
In Multiples of	1 NCD after minimum application
Face Value of NCDs (Rs /NCD)	Rs 1000 (1 NCD)
Issue Price (Rs /NCD)	Rs 1000 (1 NCD)
Mode of Interest Payment/Redemption	Through various modes available
Coupon (% per annum) for NCD Holders in Category I, II, III & Iv	8.50%	NA	8.70%	9.05%	NA	9.15%	9.55%	NA	9.30%	9.70%
Coupon Type	Fixed
Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category I, II, III & IV (%)	1,000	######	1,000	1,000	######	1,000	1,000	######	1,000	1,000
Effective Yield for NCD Holders in Category I, II, III & IV (%)	8.49%	8.50%	9.05%	9.04%	9.05%	9.54%	9.54%	9.55%	9.70%	9.69%
Put and Call Option	NA

Edelweiss Housing Finance NCD Apr 2022 Rating
The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 5,000 million by CRISIL Ratings Limited and “ACUITE AA/Negative” for an amount of Rs. 5,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.

Edelweiss Housing Finance NCD Apr 2022 Financial & Analytical Ratios
For the year 2020-21
Total Revenue Rs. 551.05 Cr
Finance Cost Rs. 389.28 Cr
Profit before Tax Rs (8.07) Cr
Net Profit after Tax Rs.3.73 Cr.
EPS Rs. 0.54

Edelweiss Housing Finance NCD Apr 2022 Lead Managers 
Edelweiss Financial Services Ltd ,Equirus Capital Private Limited
Registrar to Edelweiss Housing Finance NCD Apr 2022
Kfin Technologies India pvt ltd
Debenture Trustee for Edelweiss Housing Finance NCD Apr 2022
Beacon Trusteeship ltd

Registered Office of Edelweiss Housing Finance Limited
Tower 3, 5th Floor, Wing B, Kohinoor City Mall Kohinoor City,
Kirol Road, Kurla (West) Mumbai 400070
Company Secretary & Compliance Officer : Girish Manik
Red Herring Prospectus (Shelf)

Guidance by Paresh Gordhandas,C.A. ( Research Analyst)

If we look at the performance figures, the company has shown negative figure as Profit before tax during the accounting year 19-20 and 20-21. The trend of total income during last 3 years also show decline. The total income of Rs. 551.05 cr for 20-21 shows down trend as compared to total income of Rs. 665.89 during 18-19 and Rs. 607.39 during 2019-20.