Edelweiss Financial Services Launches ₹300 Crore NCD Issue With Yield Up To 10%
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Edelweiss Financial Services has opened a public issue of secured redeemable NCDs with a base issue size of ₹150 crore and a green shoe option of another ₹150 crore. Read more.
As informed in a regulatory filing to the stock exchanges, Edelweiss Financial Services Limited has announced a public issue of secured redeemable non-convertible debentures (NCDs) with an overall issue limit of ₹300 crore.
The Edelweiss NCD issue comprises a ₹150 crore base issue and a green shoe option of ₹150 crore. The company has structured the offering across 10 series, with different interest payment options and maturities.
Edelweiss Financial shares were trading at ₹141.51 on the National Stock Exchange (NSE) at 10:39 am, up 3.86% from the previous close of ₹136.25. The stock opened at ₹137.01 and touched an intraday high of ₹142.95 before slipping to a low of ₹135.79 during the early trade.
Edelweiss NCD Issue Structure, Tenures And Listing Details
The issue carries an effective annual yield ranging from 8.64% to 10%. The 10 series have fixed coupons and offer tenures of 24, 36, 60, and 120 months.
The Edelweiss NCDs have a face value of ₹1,000 each. Investors can choose between annual, monthly and cumulative interest payment options, depending on the series. The securities have been assigned a Crisil A+/Stable rating by Crisil Ratings Limited and will be issued only in dematerialised form.
The Edelweiss NCD issue opened on 21 September 2026 and is scheduled to close on 5 October 2026. The NCDs are proposed to be listed on Bombay Stock Exchange (BSE) Limited. Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited and Tipsons Consultancy Services Private Limited are the lead managers.
Edelweiss NCD Proceeds To Focus On Existing Borrowings
At least 75% of the money raised through the Edelweiss NCD issue is proposed to be used towards repayment or prepayment of interest and principal on the company's existing borrowings.
The remaining amount is intended for general corporate purposes, subject to a maximum of 25% of the funds raised and compliance with the applicable Securities and Exchange Board of India (SEBI) regulations, 2021.
The Edelweiss NCDs form part of the company's broader financial-services operations. Edelweiss Financial Services has businesses spanning retail and corporate credit, mutual funds, alternative asset management, asset reconstruction, life insurance and general insurance.
As of 30 June 2026, the company had 307 domestic offices and three international offices, and the total employee count stood at 6,359. It had approximately 14.25 million customers.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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