Edelweiss Financial Services has announced the public issue of 35 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 350 crore.
The base size issue is Rs 175 crore, with an option to retain over-subscription up to an additional Rs 175 crore (Green Shoe Option) aggregating up to Rs 350 crore.
The issue is scheduled to open on 02 March 2026 and close on 16 March 2026, with an option of early closure or extension.
There are 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months and 120 months with monthly and annual interest payment options.
An effective yield (per annum) for the NCD holders in all categories of investors ranges from 8.64% to 10.01%.
The NCDs issue has been rated CRISIL A+/Stable by CRISIL.
The minimum application size for each application for NCDs would be 10 NCDs which is Rs 10,000 across all series collectively and in multiples of 1 NCD (Rs 1000) thereafter. Allotment is on First Come First Served Basis.
NCDs are proposed to be listed on BSE.