+
Edelweiss Financial Services Launches Rs 3,000 Million NCD Public Issue
ECONOMY & POLICY

Edelweiss Financial Services Launches Rs 3,000 Million NCD Public Issue

Edelweiss Financial Services (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a total issue size of up to Rs 3,000 million. The issue comprises a base size of Rs 1,500 million with a green shoe option of an additional Rs 1,500 million.

The NCDs, with a face value of Rs 1,000 each, will be offered in 12 series with tenures of 24, 36, 60, and 120 months. Investors can choose from annual, monthly, or cumulative interest options. The effective annual yield ranges from 9.00 per cent to 10.49 per cent.

The public issue will open on Tuesday, 8 July 2025, and close on Monday, 21 July 2025, subject to early closure or extension, as permitted under applicable regulations.

As per regulatory guidelines, at least 75 per cent of the proceeds will be used to repay or prepay existing borrowings (principal and interest), while the remainder will be allocated to general corporate purposes, capped at 25 per cent of the total funds raised.

The proposed NCDs have been rated CRISIL A+/Stable, indicating adequate safety with a stable outlook.

Trust Investment Advisors, Nuvama Wealth Management, and Tipsons Consultancy Services are acting as lead managers for the issue. The NCDs will be listed on BSE to facilitate investor liquidity.


Edelweiss Financial Services (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a total issue size of up to Rs 3,000 million. The issue comprises a base size of Rs 1,500 million with a green shoe option of an additional Rs 1,500 million.The NCDs, with a face value of Rs 1,000 each, will be offered in 12 series with tenures of 24, 36, 60, and 120 months. Investors can choose from annual, monthly, or cumulative interest options. The effective annual yield ranges from 9.00 per cent to 10.49 per cent.The public issue will open on Tuesday, 8 July 2025, and close on Monday, 21 July 2025, subject to early closure or extension, as permitted under applicable regulations.As per regulatory guidelines, at least 75 per cent of the proceeds will be used to repay or prepay existing borrowings (principal and interest), while the remainder will be allocated to general corporate purposes, capped at 25 per cent of the total funds raised.The proposed NCDs have been rated CRISIL A+/Stable, indicating adequate safety with a stable outlook.Trust Investment Advisors, Nuvama Wealth Management, and Tipsons Consultancy Services are acting as lead managers for the issue. The NCDs will be listed on BSE to facilitate investor liquidity.

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?