Description

BSE announces listing of 12 series of secured redeemable non-convertible debentures issued by Edelweiss Financial Services Limited with varying tenures and coupon rates.

Summary

BSE has listed 12 series of secured, redeemable, non-convertible debentures (NCDs) issued by Edelweiss Financial Services Limited. The NCDs have a face value of ₹1,000 each, were allotted on July 24, 2025, and carry CRISIL A+/Stable rating. The series offer varying coupon rates from 9.00% to 10.50% per annum with different maturity periods ranging from 2 to 10 years.

Key Points

  • Total 12 series of NCDs with different coupon rates and payment frequencies
  • Face value: ₹1,000 per NCD across all series
  • Issue price: ₹1,000 per NCD (at par)
  • Allotment date: July 24, 2025
  • Credit rating: CRISIL A+/Stable outlook
  • Market lot: One NCD
  • Various interest payment frequencies: Annual, Monthly, or NA (zero coupon)

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for newly issued debt securities.

Compliance Requirements

  • NCDs are now available for trading on BSE
  • Investors can trade these securities using the assigned scrip codes
  • Standard NCD trading and settlement rules apply

Important Dates

  • Allotment Date: July 24, 2025
  • First Interest Payment: Varies by series (September 1, 2025 for monthly series, July 24, 2026 for annual series)
  • Maturity Dates: Range from July 24, 2027 to July 24, 2035
  • Effective Date: Immediate (listing announcement)

Impact Assessment

Market Impact: Medium - Provides additional debt investment options for investors seeking fixed-income securities with decent yields. The CRISIL A+ rating indicates good credit quality.

Investor Impact: Positive for debt investors seeking diversified tenure options with competitive yields ranging from 9.00% to 10.50%. The secured nature and stable rating provide additional comfort.

Company Impact: Enables Edelweiss Financial Services to access capital markets for funding requirements through debt route, supporting business expansion and liquidity needs.

Impact Justification

Significant debt issuance by major NBFC providing investment opportunities but routine listing announcement