EDELWEISS FINANCIAL SERVICES LIMITED NCD

Issue Size (Net)

up to Rs.400 cr

Credit Ratings

CRISIL AA-/Negative

Issue Opening Date

April 06, 2023

Issue Closing Date

April 21, 2023

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI	VII	VIII	IX	X
Frequency of Interest Payment	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual
Tenor	24 Months	24 Months	36 Months	36 Months	36 Months	60 Months	60 Months	60 Months	120 Months	120 Months
Coupon (% perannum) for Category I,II, III & IV	8.95%	NA	9.20%	9.60%	NA	9.67%	10.10%	NA	10.00%	10.45%
Effective Yield (perannum) for in Category I, II, III & IV	8.94%	8.95%	9.59%	9.59%	9.60%	10.10%	10.09%	10.10%	10.46%	10.44%
Amount (₹ / NCD) onMaturity for NCD Holders in Category I,II, III & IV Maturity for NCD Holders in	Rs.1,000	Rs.1,187.30	Rs.1,000	Rs.1,000	Rs. 1,317.00	Rs. 1,000	Rs. 1,000	Rs. 1,618.70	Rs. 1,000	Rs. 1,000
*Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.
The additional incentive will be maximum of 0.20% p.a. for all Category of Investors in the proposed Issue who are also holders of NCD(s)/Bond(s) previously issued by the Company, and/ or ECL Finance Limited, Nuvama Wealth & Investment Limited, Edelweiss Housing Finance Limited, EdelweissRetail Finance Limited and Nuvama Wealth Finance Limited as the case may be, and/or are equity shareholder(s) of the Company as the case may be, on the deemed date of allotment.

1.Company Information

Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011. After commencing the business as an investment banking firm, the Company, through its subsidiaries has now diversified its businesses to include credit including retail and corporate credit, asset anagement, asset reconstruction, insurance including life and general insurance business, and wealth management businesses, which are conducted through its subsidiaries.

2. Ratings

“CRISIL AA-/Negative” (pronounced as CRISIL double A minus rating with Negative outlook) and “ACUITE AA-/ Negative” (pronounced as ACUITE double A Minus)

3. EDELWEISS FINANCIAL SERVICES LIMITED NCD Registrar

KFin Technologies Limited

KFintech, Tower-B, Plot No 31 & 32

Financial District, Nanakramguda, Gachibowli

Hyderabad, Telangana India - 500 032.

Phone:04067162222, 04079611000

Website:https://karisma.kfintech.com/

Email:Email: iccl.ncdipo@kfintech.com

Indiabulls Commercial Credit Limited Financial Information (Consolidated)

Amount in Rs. Crore
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	54277.54	9513.31	-2043.77
31-Mar-21	46350.01	9346.35	253.92
31-Mar-22	43187.78	6911.4	212.07

Issuer	EDELWEISS FINANCIAL SERVICES LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	Thursday, April 06, 2023
Issue Closes on	Friday, April 21, 2023**
Issue Size	Rs. 200 Crore with an option to retain oversubscription up to Rs. 200 Crore aggregating upto to Rs.400 Crore
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit Rating	“CRISIL AA-/Negative
Registrar	KFIN Technologies Limited
Listing	The NCDs are proposed to be listed on BSE and NSE
Category	I - Institutional	II - Non-Institutional	III - HNI	IV - Retail
Category Allocation	10%	10%	40%	40%
Put/Call Option	N.A.
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis
Depositories	NSDL and CDSL

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI	VII	VIII	IX	X
Frequency of Interest Payment	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual	Cumulative	Monthly	Annual
Tenor	24 Months	24 Months	24 Months	36 Months	36 Months	36 Months	60 Months	60 Months	120 Months	120 Months
"Coupon (% perannum) for Category I, II, III & IV"	8.95%	NA	9.20%	9.60%	NA	9.67%	10.10%	NA	10.00%	10.45%
"Effective Yield (per annum) for in Category I, II, III & IV"	8.94%	8.95%	9.59%	9.59%	9.60%	10.10%	10.09%	10.10%	10.46%	10.44%
"Amount (₹ / NCD) on Maturity for NCD Holders in Category I, II, III & IV Maturity for NCD Holders in"	Rs. 1,000	Rs. 1,187.30	Rs. 1,000	Rs. 1,000	Rs. 1,317.00	Rs. 1,000	Rs. 1,000	Rs. 1,618.70	Rs. 1,000	Rs. 1,000
*Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.

"The additional incentive will be maximum of 0.20% p.a. for all Category of Investors in the proposed Issue who are also holders of NCD(s)/Bond(s) previously issued by the Company, and/ or ECL Finance Limited, Nuvama Wealth & Investment Limited, Edelweiss Housing Finance Limited, EdelweissRetail Finance Limited and Nuvama Wealth Finance Limited as the case may be, and/or are equity shareholder(s) of the Company as the case may be, on the deemed date of allotment."

Prospectus File

Download