Edelweiss Financial Services opens Rs 250 crore public issue of NCDs
India, Dec. 5 -- Edelweiss Financial Services today announced the public issue of 25,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,000 each for an amount up to Rs 125 crore (Base Issue Size) with a green shoe option of up to Rs 125 crore, cumulatively aggregating up to Rs 250 crore (Issue Limit).The Issue has 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and cumulative interest options. Effective annual interest yield on the NCDs ranges from 8.85% p.a. to 10.09% p.a.The Issue is scheduled to open on 05 December 2025 and will close on 18 December 2025.The NCDs proposed to be issued under the Issue have been rated 'Cr...
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