NCD Issue Edelweiss Financial Services Ltd – Dec 2020

December 23, 2020

Issue Highlights

Issue OpenDecember 23, 2020
Issue CloseJanuary 15, 2021
AllotmentFirst Come First Serve Basic
Face ValueRs. 1,000 per NCD
Issue PriceRs. 1,000 per NCD
Minimum Application10 NCDs (Rs.10, 000) & in multiple of 1NCD
RatingCARE A+; (Single A Plus; Outlook: Stable) and “BWR AA-/Stable (Assigned)”
ListingBSE
 

*** person resident outside India and other foreign entities are not allow 

Issue RegistrarLink Intime India Pvt Ltd 
Issue SizeBase Issue of Rs.100 Cr, with an option to retain over-subscription up to Rs.100 Cr., aggregating up to Rs.200 Cr., on the terms and in the manner set forth herein.

Issue Break up:

CategoryAllocationBase SizeOverall Limit
Institutional10%1020
Non Institutional10%1020
HNI40%4080
Retail40%4080
Total100%100200

Common Terms for all Series of the NCDs

IssuerEdelweiss Financial Services Ltd
Type of InstrumentSecured, redeemable, non-convertible debenture
Mode of IssuePublic issue
Debenture TrusteeBeacon Trusteeship Ltd
DepositoriesCDSL & NSDL
Base IssueRs 100 Cr

Interest Rate Chart

SeriesIIIIIIIVVVIVII
Frequency of Interest PaymentAnnualCumulativeMonthlyAnnualCumulativeMonthlyAnnual
Tenor36 Months36 Months60 Months60 Months60 Months120 Months120 Months
Coupon9.35%NA9.39%9.80%NA9.53%9.95%
Effective Yield9.35%9.35%9.80%9.79%9.80%9.95%9.94%
Amount on Maturity 1,0001,307.551,0001,0001596.351,0001,000

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