Edelweiss Financial Services Limited (EFSL) has announced the launch of a public issue of secured, redeemable non-convertible debentures (NCDs) worth up to ₹3,000 million. The issue consists of a base size of ₹1,500 million with a green-shoe option to retain an additional ₹1,500 million. The NCDs will be offered in 10 series with fixed coupon rates and tenures ranging from 24 to 120 months. Investors can choose from annual, monthly, or cumulative interest options, with effective annual yields between 9% and 10.25%.
The subscription window for the issue will open on September 24, 2025, and close on October 8, 2025. Allotments will be made on a first-come-first-serve basis, with proportionate allocation in case of oversubscription. At least 75% of the proceeds from the issue will be used for repayment or prepayment of interest and principal on existing borrowings, while the remainder will go towards general corporate purposes.
The NCDs have been rated “Crisil A+/Stable” by Crisil Ratings Limited, indicating adequate safety of timely payment of financial obligations. The lead managers to the issue are Trust Investment Advisors Pvt. Ltd., Nuvama Wealth Management Ltd., and Tipsons Consultancy Services Pvt. Ltd. The debentures will be listed on BSE Limited to ensure liquidity for investors.
The company stated that the issue represents a part of its strategy to optimize borrowing costs while providing investors with stable, long-term returns in a regulated environment. The NCDs offer a face value of ₹1,000 each, and investors can benefit from the fixed coupon rates and flexible interest payment options. With a strong credit rating and a reputable lead management team, the issue is expected to attract investors looking for stable and secure investment opportunities.
Overall, the public issue of NCDs by Edelweiss Financial Services Limited offers a unique investment opportunity for those seeking stable and long-term returns. The issue’s flexible tenure and interest payment options, combined with its strong credit rating, make it an attractive option for investors. The company’s strategy to optimize borrowing costs while providing investors with stable returns is expected to benefit both the company and its investors.