Mumbai, September 24, 2025: Edelweiss Financial Services Limited (EFSL) has announced a public issue of secured redeemable non-convertible debentures (NCDs) worth ₹300 crore, with an option to retain oversubscription up to ₹300 crore, taking the total issue size to ₹600 crore.
The NCDs, with face value of ₹1,000 each, will be offered in 10 series across tenures of 24, 36, 60, and 120 months, with annual, monthly, and cumulative interest payment options. The effective annual yield ranges between 9.00% and 10.25%.
The issue opened on September 24, 2025 and will close on October 8, 2025. According to the company, at least 75% of the funds raised will be used for repayment or prepayment of existing borrowings, with the balance allocated to general corporate purposes.
The issue has been rated CRISIL A+/Stable by Crisil Ratings. Trust Investment Advisors, Nuvama Wealth Management, and Tipsons Consultancy Services are the lead managers. The debentures will be listed on BSE Limited to provide liquidity to investors.
Edelweiss, incorporated in 1995, has diversified across retail and corporate credit, asset management, insurance, and investment banking. The company services nearly 9.7 million customers through 257 domestic and international offices.
Disclaimer: Investment in NCDs involves risk. Investors should rely on the details provided in the prospectus before investing.
