India, Sept. 24 -- Edelweiss Financial Services Limited (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) worth up to Rs 3,000 million, including a base issue size of Rs 1,500 million and a green shoe option of an additional Rs 1,500 million. The NCDs, each with a face value of Rs 1,000, will be issued across 10 series offering fixed coupons with tenures of 24, 36, 60, and 120 months, featuring annual, monthly, and cumulative interest options. The effective annual yield on the NCDs ranges from 9.00% to 10.25% per annum.
The issue will open on September 24, 2025, and close on October 8, 2025. EFSL plans to use at least 75% of the proceeds for repayment or prepayment of interest and principal on exis...