Edelweiss Financial Services launches public issue of secured NCDs up to ₹250 Cr (base ₹125 Cr + green shoe), opening Dec 5-18. CRISIL A+/Stable rated, offering 8.85-10.10% coupons across 24-120 month tenors for lending, refinancing needs.
Issue Details
Edelweiss Financial Services Ltd (EFSL) approved the secured, redeemable NCD public offer via Debenture Committee. Face value ₹1,000/NCD; 10 series with annual/monthly/cumulative payouts. Funds target onward lending (60%), refinancing (20%), general corporate (20%). Lead managers: Trust Investment Advisors, Nuvama Wealth.
Investor Appeal
CRISIL A+/Stable rating signals adequate safety. Yields attract amid RBI's 5.25% repo: 24M at 8.85%, 120M at 10.10%. Allocation: 40% HNI/retail each, 10% institutional/non-institutional. Minimum ₹10,000 (10 NCDs); BSE listing post-allotment. Complements FY25 asset growth despite equity dip.
Key Highlights
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Size: Base ₹125 Cr + ₹125 Cr oversubscription (total ₹250 Cr).
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Yields: 8.85%-10.10% p.a.; tenors 24-120 months.
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Dates: Open Dec 5, close Dec 18, 2025.
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Rating: CRISIL A+/Stable.
Sources: ScanX, Globe and Mail, Angel One