Edelweiss Financial Services NCD IPO | Apply Now | Closing on 16th March'26
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
|
Parameter |
Details |
|
Issuer |
Edelweiss Financial Services Ltd (EFSL) |
|
Issue Size |
Base ₹175 Cr + Green Shoe ₹175 Cr = ₹350 Cr max |
|
Face Value |
₹1,000 per NCD |
|
Issue Price |
₹1,000 per NCD (at par) |
|
Issue Dates |
Open: March 2, 2026 |
|
Listing |
BSE |
|
Minimum Investment |
₹10,000 (10 NCDs) |
|
Allotment |
First Come, First Serve (FCFS) |
|
Rating |
CRISIL A+/Stable (Adequate safety, low credit risk) |
Proceeds: Primarily repayment/prepayment of existing borrowings + general corporate purposes.
Subscription Status on 12th March 2026 :-
- Institutional :- 0.09x
- Non-Institutional :- 2.24x
- HNI :- 2.39x
- Retail :- 1.72x
- Total :- 2.01x
NCD Series & Yield Structure
|
Series |
Tenor |
Payout |
Coupon Rate |
Effective Yield |
Redemption Amount |
|
1 |
24 months |
Annual |
8.65% |
8.64% |
₹1,000.00 |
|
2 |
24 months |
Cumulative |
NA |
8.65% |
₹1,180.75 |
|
3 |
36 months |
Monthly |
8.80% |
9.15% |
₹1,000.00 |
|
4 |
36 months |
Annual |
9.15% |
9.14% |
₹1,000.00 |
|
5 |
36 months |
Cumulative |
NA |
9.15% |
₹1,300.70 |
|
6 |
60 months |
Monthly |
9.21% |
9.60% |
₹1,000.00 |
|
7 |
60 months |
Annual |
9.60% |
9.59% |
₹1,000.00 |
|
8 |
60 months |
Cumulative |
NA |
9.60% |
₹1,581.85 |
|
9 |
120 months |
Monthly |
9.58% |
10.01% |
₹1,000.00 |
|
10 |
120 months |
Annual |
10.00% |
9.99% |
₹1,000.00 |
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.
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