Edelweiss Financial Services NCD IPO

Edelweiss Financial Services launches a secured NCD public issue aggregating up to ₹350 crore (base ₹175 Cr + oversubscription ₹175 Cr), offering attractive yields up to 10.10% across 2–10 year tenors, rated CRISIL A+/Stable and opening March 2–16, 2026 on BSE with FCFS allotment.

Edelweiss Financial Services NCD – Key Details

Proceeds: Primarily repayment/prepayment of existing borrowings + general corporate purposes.

NCD Series & Yield Structure

Best yield: 10.10% (Series 9, 10Y monthly payout).

Edelweiss Financial Services – Company Snapshot

• Established: November 1995 (formerly Edelweiss Capital Ltd)
• HQ: Mumbai – diversified financial services platform
• Business segments: Wealth management, asset management, capital markets, housing finance, consumer finance
• FY25 Financials:
• The company reported total assets of ₹41,622 crore and total income of ₹9,519 crore during the period. Profit after tax (PAT) stood at ₹536 crore, registering a year-on-year growth of 1.5%, reflecting stable profitability. The company’s financial position remains strong, with reserves amounting to ₹58,260 crore, highlighting a robust balance sheet and healthy capital reserves.

Strengths of Edelweiss NCD

• CRISIL A+/Stable rating indicates adequate safety for timely debt servicing.
• Attractive yields up to 10.10% vs most bank FDs and AAA corporate bonds.
• Secured NCDs with clear charge on company's assets.
• Diversified revenue streams across wealth, asset mgmt, lending reduce single-segment risk.
• BSE listed providing secondary market liquidity option.
• Flexible tenors (2–10 years) and payout frequencies (monthly/annual/cumulative).
• FCFS allotment eliminates lottery risk for retail investors.

Risks of Edelweiss NCD

• NBFC sector cyclicality and sensitivity to economic slowdowns/interest rate changes.
• A+ rating (not AAA) indicates moderate credit risk vs highest-rated issuers.
• Longest tenor 10 years exposes investors to interest rate and inflation risk.
• NBFC liquidity pressures during stress periods (IL&FS precedent).
• Secondary market liquidity can be thin for non-AAA NCDs.
• Debt repayment priority: Corporate borrowings rank above NCD holders in liquidation.

FAQs

1. When does Edelweiss NCD issue open and close?
The issue opens March 2, 2026 and closes March 16, 2026 unless fully subscribed earlier.

2. What is the minimum investment in Edelweiss NCD?
₹10,000 for 10 NCDs (market lot 1 NCD). Thereafter in multiples of ₹1,000.

3. What are the highest yielding Edelweiss NCD options?
Series 9 offers 10.10% effective yield (120 months, monthly payout at 9.58% coupon).

4. What is the credit rating of Edelweiss NCD?
CRISIL A+/Stable – adequate safety for timely servicing, low credit risk per rating agency.

5. Are Edelweiss NCDs secured or unsecured?
Secured redeemable NCDs with specific charge on company assets, offering better protection than unsecured paper.