Edelweiss Financial Services Limited has announced a public issue of secured redeemable non-convertible debentures (NCDs) aggregating up to Rs 3,500 million. The issue comprises a base size of Rs 1,750 million with a green shoe option of an additional Rs 1,750 million, taking the total issue limit to Rs 3,500 million.
The NCDs, with a face value of Rs 1,000 each, are offered across 10 series with tenures of 24 months, 36 months, 60 months, and 120 months. Investors can choose from annual, monthly, and cumulative interest payout options. The effective annual yield ranges from 8.64 per cent to 10.01 per cent per annum.
The issue opened on March 2, 2026, and is scheduled to close on March 16, 2026, subject to early closure or extension in accordance with regulatory provisions. All allotments will be made in dematerialised form, and the NCDs will be listed on BSE Limited to provide liquidity to investors.
The NCDs have been rated “CRISIL A+/Stable” by CRISIL Ratings Limited, indicating adequate degree of safety regarding timely servicing of financial obligations.
At least 75 per cent of the funds raised will be utilized towards repayment or prepayment of interest and principal on existing borrowings, while up to 25 per cent will be allocated for general corporate purposes, in line with the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
The lead managers to the issue are Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited, and Tipsons Consultancy Services Private Limited.
Investors are advised to review the Prospectus, including the sections on risk factors and material developments, before making any investment decision.
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