Incorporated in 1994, Mumbai based Edelweiss Finance & Investment Ltd (EFIL) is a non-banking financial institution which doesn’t accept public deposits. The company is a part of the Edelweiss Group, one of India’s prominent financial services organization.
The company is focused on offering a wide range of products including capital market advisory services, asset management, asset reconstruction, loans against securities, and IPO financing.
The company’s product portfolio includes-
- Loans against securities
- Margin trade financing
- IPO financing
EFIL NCD Jan 2020 Detail
| Issue Open | Jan 23, 2020 – Jan 31, 2020 |
| Security Name | Edelweiss Finance & Investments Ltd |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 125.00 Crores |
| Issue Size (Shelf) | Rs 250.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE |
| Credit Rating | CRISIL AA-/ Stable; CARE AA-/ Stable |
| Tenor | 18 months/ 36 months /60 months /120 months |
| Series | Series 1 to Series 9 |
| Payment Frequency | Monthly, Annual and Cumulative |
| Basis of Allotment | First Come First Serve Basis |
Coupon Rates for Eash Series
| � | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 |
|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annually | Cumulative | Annually | Cumulative | Monthly | Annually | Cumulative | Monthly | Annually |
| Tenor | 18 Months | 18 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months |
| Coupon Rate (Retail) | 9.70% | NA | 10.00% | NA | 9.80% | 10.25% | NA | 9.80% | 10.25% |
Company Promoters:
Edelweiss Financial Services Ltd is the promoter of the company.
Objects of the Issue:
The company proposes to utilise the funds for the following objects:
- Onward lending;
- Repayment of interest and principal of existing loans; and
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | EFIL NCD Jan 2020 Registrar |
| Edelweiss Finance & Investments Ltd Edelweiss House, Off CST Road, Kalina, Mumbai – 400098 Phone: +91 22 40094400 Email: cs@edelweissfin.com Website: https://edelweissinvestment.edelweissfin.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: Efil.ncd@linkintime.com Website: http://www.linkintime.co.in |
