10.4% EDELWEISS FINANCIAL SERVICES Secured NCD Open for subscription

Edelweiss Financial Services Limited ("EFSL"), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to 'Edelweiss Financial Services Limited' with effect from August 1, 2011.

Key lines of business of Edelweiss are

• Retail Credit (Home Loans, SME and Business Loans)
• Asset Management (Mutual Funds and Alternative Assets)
• Asset Reconstruction
• Insurance (Life, General)

About NCD issue

This Public NCD issue has base issue size of ₹ 1,250 million with an option to retain over- subscription up to ₹ 1,250 million aggregating up to ₹ 2,500 million.

Title	Details
Issue opens	Tuesday, January 09, 2024
Issue closes	Monday, January 22, 2024
Allotment	First Come First Serve Basis
Face Value	Rs.1,000 per NCD
Issue Price	Rs.1,000 per NCD
Nature of Instrument	Secured Redeemable Non-Convertible Debentures
Minimum Application	10 NCDs (Rs.10, 000) & in multiple of 1 NCD thereafter
Tenure	24, 36, 60, and 120 Months
Interest Payment frequency	Monthly, Annually, and Cummulative
Listing	BSE
Rating	ICRA A+, CRISIL A+/Stable

EDELWEISS FINANCIAL SERVICES NCD Jan-2024 – Interest Rates

Series	I	II	III	IV	V	VI	VII	VIII	IX	X
Frequency of Interest Payment	Annual	NA	Monthly	Annual	NA	Monthly	Annual	NA	Monthly	Annual
Tenor	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		Monthly	Annual		Monthly	Annual		Monthly	Annual
Amount (₹ / NCD) on Maturity for NCD Holders in Category I, II, III & IV	₹1,000	₹1,187.30	₹1,000	₹1,000	₹1,317.00	₹1,000	₹1,000	₹1,618.70	₹1,000	₹1,000
Coupon (% per annum) for Category I, II, III & Iv	8.95%		9.20%	9.60%		9.67%	10.10%		10.00%	10.45%
Effective Yield (per annum) for in Category I, II, III & IV	8.94%	8.95%	9.59%	9.59%	9.60%	10.10%	10.09%	10.10%	10.46%	10.44%

Detailed product note can be downloaded from our download section as well.

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