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NCD Status: Closed [5th Jul 2022 to 12th Jul 2022]
Edelweiss NCD of Rs 150 Cr with a shelf size of Rs 150 Cr opens for subscription in July 2022. The company is issuing secured, redeemable, and non-convertible, “series I to X” debentures. The face value of NCD is Rs 1,000 each which amounts to Rs 150 Cr with an option to retain over-subscription up to Rs 150 Cr. One can subscribe to the NCD with a minimum ticket size of Rs. 10,000 (10 NCDs), and the NCD tenor of 24, 36, 60, and 120 months. Check more about Edelweiss Broking NCD July 2022 including credit rating, coupon rates for each series, the basis of allotment, payment frequency, and more.
NCD Opening Date: | 5th Jul 2022 |
NCD Closing Date: | 12th Jul 2022 |
NCD Type: | Secured NCD |
Issue Size (Base): | Rs 150 Cr |
Issue Size (Shelf): | Rs 150 Cr |
Face Value: | Rs 1000 each NCD |
Issue Price: | Rs 1000 per NCD |
Market Lot: | 1 NCD |
Min Order Qty: | 10 NCD |
Min Order Amount: | Rs 10000 |
Listing at: | BSE, NSE |
Tenor: | 24, 36, 60, and 120 months |
Rating: | CRISIL AA-/Negative by CRISIL |
Series: | Series I to X |
Payment Frequency: | Monthly, Annual and Cumulative |
Basis of Allotment: | First Come First Serve Basis |
Interest on return: |
Zerodha Trade@20
NCD Activity | Date |
---|---|
NCD Issue Open | 5th Jul 2022 |
NCD Issue Close | 12th Jul 2022 |
* - Tentative Dates
Category Name | NCD's Allocated |
---|---|
Institutional | 10% |
Non-Institutional | 10% |
HNI | 40% |
Retail | 40% |
Edelweiss Broking Ltd is a financial services company that is a subsidiary of the Edelweiss group. The company offers equity and strategy advisory along with trading of shares, stocks, debenture-stock, bonds, obligations, or any other securities, including derivatives, IPO, Mutual funds, etc. on various platforms. It has a base of over 12 lakh clients, with 475 offices at 200 locations. It has been awarded multiple times for being the best broker and the most promising brand.
Edelweiss Broking Financials (₹ in Cr) | 31-Mar-2022 | 31-Mar-2021 | 31-Mar-2020 |
---|---|---|---|
Total Assets | ₹3,266.25 | ₹1,762.09 | ₹1,313.02 |
Total Income | ₹730.14 | ₹398.50 | ₹433.63 |
Net Profit/Loss | ₹94.69 | ₹2.81 | ₹-30.17 |
The company proposes to utilize the funds which are being raised through the NCD Issue for:
Tenure | 24 months | 24 months | 36 months | 36 months | 36 months | 60 months | 60 months | 60 months | 120 months | 120 months |
Options | I | II | III | IV | V | VI | VII | VIII | IX | X |
---|---|---|---|---|---|---|---|---|---|---|
Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual |
Coupon Rate % Per Annum | 8.75% | NA | 8.80% | 9.15% | NA | 9.16% | 9.55% | NA | 9.53% | 9.95% |
Effective Yield (% per annum) | 8.74% | 8.75% | 9.15% | 9.14% | 9.15% | 9.55% | 9.54% | 9.55% | 9.95% | 9.94% |
Amount on Maturity | ₹1,000 | ₹1,182.95 | ₹1,000 | ₹1,000 | ₹1,300.70 | ₹1,000 | ₹1,000 | ₹1,578.25 | ₹1,000 | ₹1,000 |
Edelweiss Securities Limited and PAGAC Ecstasy Pte. Ltd are the company's promoters.
Edelweiss Broking NCD has been rated CRISIL AA-/Negative by CRISIL and ACUITE AA by Acuité Ratings & Research Limited
Last Updated on 2022-10-06T00:59:34+00:00