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Edelweiss Broking NCD July 2022 Details, Coupon Rate, Credit Rating

NCD Status: Closed [5th Jul 2022 to 12th Jul 2022]

Rated 3.5 stars Rated 3.5/5 by Team TopShareBrokers
Edelweiss Broking NCD Detail

Edelweiss NCD of Rs 150 Cr with a shelf size of Rs 150 Cr opens for subscription in July 2022. The company is issuing secured, redeemable, and non-convertible, “series I to X” debentures. The face value of NCD is Rs 1,000 each which amounts to Rs 150 Cr with an option to retain over-subscription up to Rs 150 Cr. One can subscribe to the NCD with a minimum ticket size of Rs. 10,000 (10 NCDs), and the NCD tenor of 24, 36, 60, and 120 months. Check more about Edelweiss Broking NCD July 2022 including credit rating, coupon rates for each series, the basis of allotment, payment frequency, and more.

Edelweiss Broking NCD Details

NCD Opening Date: 5th Jul 2022
NCD Closing Date: 12th Jul 2022
NCD Type: Secured NCD
Issue Size (Base): Rs 150 Cr
Issue Size (Shelf): Rs 150 Cr
Face Value: Rs 1000 each NCD
Issue Price: Rs 1000 per NCD
Market Lot: 1 NCD
Min Order Qty: 10 NCD
Min Order Amount: Rs 10000
Listing at: BSE, NSE
Tenor: 24, 36, 60, and 120 months
Rating: CRISIL AA-/Negative by CRISIL
Series: Series I to X
Payment Frequency: Monthly, Annual and Cumulative
Basis of Allotment: First Come First Serve Basis
Interest on return:

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NCD Important Dates

Action Dates
NCD Activity Date
NCD Issue Open 5th Jul 2022
NCD Issue Close 12th Jul 2022

* - Tentative Dates

Offer Details

Category Name NCD's Allocated
Institutional 10%
Non-Institutional 10%
HNI 40%
Retail 40%

About Company - Edelweiss Broking

Edelweiss Broking Ltd is a financial services company that is a subsidiary of the Edelweiss group. The company offers equity and strategy advisory along with trading of shares, stocks, debenture-stock, bonds, obligations, or any other securities, including derivatives, IPO, Mutual funds, etc. on various platforms. It has a base of over 12 lakh clients, with 475 offices at 200 locations. It has been awarded multiple times for being the best broker and the most promising brand.

Edelweiss Broking Financials

Edelweiss Broking Financials (₹ in Cr) 31-Mar-2022 31-Mar-2021 31-Mar-2020
Total Assets ₹3,266.25 ₹1,762.09 ₹1,313.02
Total Income ₹730.14 ₹398.50 ₹433.63
Net Profit/Loss ₹94.69 ₹2.81 ₹-30.17

Edelweiss Broking NCD Objective

The company proposes to utilize the funds which are being raised through the NCD Issue for:

  • Working Capital Purpose
  • Meeting General Corporate Purposes.

Coupon Rates for Each Series

Tenure 24 months 24 months 36 months 36 months 36 months 60 months 60 months 60 months 120 months 120 months
Options I II III IV V VI VII VIII IX X
Frequency of Interest Payment Annual Cumulative Monthly Annual Cumulative Monthly Annual Cumulative Monthly Annual
Coupon Rate % Per Annum 8.75% NA 8.80% 9.15% NA 9.16% 9.55% NA 9.53% 9.95%
Effective Yield (% per annum) 8.74% 8.75% 9.15% 9.14% 9.15% 9.55% 9.54% 9.55% 9.95% 9.94%
Amount on Maturity ₹1,000 ₹1,182.95 ₹1,000 ₹1,000 ₹1,300.70 ₹1,000 ₹1,000 ₹1,578.25 ₹1,000 ₹1,000

Edelweiss Broking NCD Promoters

Edelweiss Securities Limited and PAGAC Ecstasy Pte. Ltd are the company's promoters.

Edelweiss Broking NCD Rating Details

Edelweiss Broking NCD has been rated CRISIL AA-/Negative by CRISIL and ACUITE AA by Acuité Ratings & Research Limited

Edelweiss Broking NCD Not Eligible to Invest

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

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Edelweiss Broking NCD Imporatant Links

  • Edelweiss Broking NCD DRHP >>Document
  • Edelweiss Broking NCD RHP >>Edelweiss Broking NCD Red Herring Prospectus is not yet available.
  • Edelweiss Broking NCD DRHP Shelf >>Edelweiss Broking NCD Draft Prospectus Shelf is not yet available.
  • Edelweiss Broking NCD RHP Shelf >>Edelweiss Broking NCD Red Herring Prospectus Shelf is not yet available.
  • Edelweiss Broking NCD Allotment Status >>Edelweiss Broking NCD Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Edelweiss Broking Limited
2nd Floor, Office No. 201 -203, Zodiac Plaza, Xavier College Road, Off C G Road
Ahmedabad,Gujarat-380009
India
Website: https://www.edelweiss.in/
Phone: +91 22 4009 4400
Email: [email protected]

Edelweiss Broking NCD Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://karisma.kfintech.com/
Phone: 04067162222, 04079611000
Email: [email protected]

Edelweiss Broking NCD Lead Manager

  1. Edelweiss Financial Services Ltd
  2. Equirus Capital Private Limited
Edelweiss Broking NCD Important dates - Issue Open Date, close Date, NCD Listing Date. NCD Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, NCD Listing date. What is the issue open date and close date for Edelweiss Broking? Should I apply in Edelweiss Broking NCD?

Last Updated on 2022-07-12T10:21:52+00:00


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