Edelweiss Housing Finance NCD | Date, Rating & Interest Rates April 2022

Edelweiss Financial Services Limited, abbreviated as EFSL, is a public limited company that has been listed since 2007. (BSE: 532922, NSE: EDELWEISS). Edelweiss Capital Limited, based in Mumbai, was founded in 1995 as an investment banking firm and merchant banker. It is now known as Edelweiss Financial Services Limited. The firm is a subsidiary of the Edelweiss Group. Their primary lines of business are credit (retail and corporate), investment and advisory (wealth management and asset management), and insurance (Life, General). They have over 1.2 million clients who are served by a network of over 476 offices and nearly 11,000 employees. The Edelweiss Group has a strong presence in all major cities in India, thanks to a strong network of sub-brokers and authorised persons.

Edelweiss Housing Finance NCD April 2022

Edelweiss Housing Finance has a Crisil AA-/Negative rating and an Acuite AA/Negative rating. Subscription for Edelweiss Housing Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) will begin on April 6, 2022. The NCDs will be offered at a 9.70 percent interest rate by Edelweiss Housing Finance. NCDs are available in terms of 24, 36, 60, and 120 months.

Edelweiss Housing Finance NCD | April 2022 Issue Tenure & Interest Rates

Opt Tenure Payment Coupon Eff. Yield
I 24 Month Annual 8.50% 8.49%
II 24 Month Cum NA 8.50%
III 36 Month Month 8.70% 9.05%
IV 36 Month Annual 9.05% 9.04%
V 36 Month Cum NA 9.05%
VI 60 Month Month 9.15% 9.54%
VII 60 Month Annual 9.55% 9.54%
VII 60 Month Cum NA 9.55%
IX 120 Month Month 9.30% 9.70%
X 120 Month Annual 9.70% 9.69%

 

Edelweiss Housing Finance NCD Issue Rating

  • Credit Rating: CRISIL AA-/ Negative and ACUITE AA/Negative

 

Edelweiss Housing Finance NCD Issue Listing

  • NCD Bonds to list on BSE platforms.

 

Edelweiss Housing Finance NCD Issue Promoters

  • Edelweiss Financial Services Limited
  • Edelweiss Rural & Corporate Services Limited
  • Edel Finance Company Limited

 

How to Apply Edelweiss Housing Finance NCD Issue?

You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

Edelweiss Housing Finance NCD Issue Details

 NCD Issue Open  06 April 2022
 NCD Issue Close  26 April 2022
 NCD Issue Size  Base: 150 Cr. | Shelf: 150 Cr.
 Price Band  ₹1000 per NCD
 Interest Rate  Up to  9.70% ** (Annually)
 Minimum Investment  10 Bonds (₹1,000)
 Listing on
 BSE Platform

Edelweiss Housing Finance NCD Lead Manager

  • Edelweiss Financial Services Ltd
  • Equirus Capital Private Limited

Edelweiss Housing Finance NCD Allotment Status

  • Edelweiss Housing Finance NCD issue allotment available on KFintech

 

Edelweiss Housing Finance NCD FAQs:

 

When is Edelweiss Housing Finance NCD Open?
Edelweiss Housing Finance NCD is to open on April 06 and close on April 26, 2022.
What is Edelweiss Housing Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Edelweiss Housing Finance NCD Issue Size?
The NCD issue size is ₹150 crores.
On Which platform the Edelweiss Housing Finance NCD will list?
Edelweiss Housing Finance NCD will list on BSE Platforms.
How to apply for Edelweiss Housing Finance NCD?
You can apply from your existing Demat account online and offline.

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