
Loan & Debt10 Sept 2026, 10:50 pm
Edelweiss Financial Services Ltd Plans ₹3,000 Million NCD Issue
AI Summary
Edelweiss Financial Services Limited has announced a public issue of Secured, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each. The issue has a Base Issue Size of up to ₹1,500 million and a green shoe option of up to ₹1,500 million, aggregating to a total of ₹3,000 million. The Debenture Fund Raising Committee approved the prospectus for this issue, which is set to open on September 21, 2026, and close on October 5, 2026. The NCDs have received a 'Crisil A+/Stable' rating, indicating adequate safety and low credit risk. The issue is secured by a pari passu charge on certain assets of the issuer and will be listed on BSE Limited.
Key Highlights
- Edelweiss Financial Services to issue NCDs worth up to ₹3,000 million.
- Issue includes a base size of ₹1,500 million and a ₹1,500 million green shoe option.
- NCDs are secured and rated 'Crisil A+/Stable'.
- Issue opens September 21, 2026, and closes October 5, 2026.
- NCDs will be listed on BSE Limited.
Price Impact
More from EDELWEISS