Edelweiss Financial Services Ltd

Apr, 08th | Apr, 23rd 2024

Public Issue Of Secured, Listed, Redeemable NCD

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Edelweiss Financial Services Limited

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Base Issue Size of Rs 100 Crores with an Green Shoe Option of Rs 100 crores Aggregating to Rs 200 Crores

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“CRISIL A+/Stable (pronounced as CRISIL A plus rating with Stable outlook)”

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Rs. 10,000 (10 NCDs) collectively across all the Options and in multiples of Rs. 1,000 (1 NCD) thereafter

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Mode Of Allotment: Demat Form Only

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Face Value of Bond:₹ 1,000

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The NCDs shall be listed on BSE.

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Mode Of Application : ASBA and UPI

Category Wise Issue Allocation for Secured NCD: -

Category I
QIB’s
Category II-
Corporate’s
Category III-
HNI’s
Category IV-
Retail Individual
10% 10% 40% 40%

*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.

Final Terms of the Issue:

Terms and conditions in connection with Secured NCDs****Options I II III IV* V VI VII VIII IX X XI XII
Frequency of Interest Payment Annual Cumulative Monthly Annual Cumulative Monthly Annual Cumulative Annual Monthly Annual Annual
Tenor 24 Months 24 Months 36 Months 36 Months 36 Months 60 Months 60 Months 60 Months 60 Months 120 Months 120 Months 120
Months
Coupon (% per annum) for NCD Holders in all Categories of Investors 9.00% N.A. 9.20% 9.60% NA 9.67% 10.10% NA 10.10% 10.00% 10.45% 10.45%
Effective Yield (% per annum) for NCD Holders in all Categories of Investors 9.00% 9.00% 9.60% 9.60% 9.60% 10.10% 10.09% 10.10% 10.10% 10.46% 10.44% 10.44%
Redemption Amount (Rs. / NCD) on Maturity for NCD Holders in all Categories Rs 1,000.00 Rs 1,188.20 Rs 1,000.00 Rs 1,000.00 Rs 1,316.71 Rs 1,000.00 Rs 1,000.00 Rs 1,618.60 Staggered Redemption n in Three (3) annual payments of Rs.250.00 each in 3rd and 4th Anniversary and Rs. 500.00 on 5th Anniversary Rs 1,000.00 Rs 1,000.00 Staggered Redemption in Five (5) annual payments of Rs. 200 each, starting from 6th Anniversary* until Maturity
Termsheet Click Here

* The Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.

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How to Open Demat Online with GEPL Capital

Step 1: Enter OTP received on the registered Mobile Number.

Step 2: Fill Date of Birth, PAN details, Email Address and Bank Account Details.

Step 3: Details of your demat account are sent to you on your registered mail address.

Contact Us

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Address

D-21, Dhanraj Mahal, CSM Marg, Colaba, Mumbai-400001