Description

BSE announces the listing of 10 series of secured redeemable non-convertible debentures issued by Edelweiss Financial Services Limited with varying tenures and coupon rates.

Summary

BSE has listed 10 series of secured redeemable non-convertible debentures (NCDs) issued by Edelweiss Financial Services Limited. The total number of NCDs listed is 28,05,758 across all series, with a face value of Rs. 1,000 per NCD. All series were allotted on October 7, 2025, with maturities ranging from 2 to 10 years and coupon rates between 9.00% to 10.25% per annum.

Key Points

  • Total of 10 series of secured NCDs listed with varying characteristics
  • Total NCDs listed: 28,05,758 across all series
  • Face value: Rs. 1,000 per NCD
  • Issue price: Rs. 1,000 per NCD for all series
  • Coupon rates range: 9.00% to 10.25% per annum
  • Interest payment frequencies: Annual, Monthly, or NA (zero coupon)
  • Credit rating: CRISIL A+/Stable for all series
  • Market lot: One NCD for all series
  • Allotment date: October 7, 2025

Series Details

Series I (Scrip Code: 940665)

  • ISIN: INE532F07IC9
  • Securities: 1,70,860
  • Coupon: 9.00% (Annual)
  • Maturity: October 7, 2027
  • Redemption: Rs. 1,000 per NCD

Series II (Scrip Code: 940667)

  • ISIN: INE532F07HZ2
  • Securities: 59,208
  • Zero coupon bond
  • Maturity: October 7, 2027
  • Redemption: Rs. 1,188.10 per NCD
  • Effective yield: 9.00%

Series III (Scrip Code: 940669)

  • ISIN: INE532F07IA3
  • Securities: 5,46,920
  • Coupon: 9.12% (Monthly)
  • Maturity: October 7, 2028
  • Redemption: Rs. 1,000 per NCD
  • First interest payment: November 7, 2025

Series IV (Scrip Code: 940671)

  • ISIN: INE532F07IB1
  • Securities: 3,56,761
  • Coupon: 9.50% (Annual)
  • Maturity: October 7, 2028
  • Redemption: Rs. 1,000 per NCD

Series V (Scrip Code: 940673)

  • ISIN: INE532F07IG0
  • Securities: 99,579
  • Zero coupon bond
  • Maturity: October 7, 2028
  • Redemption: Rs. 1,313.30 per NCD
  • Effective yield: 9.50%

Series VI (Scrip Code: 940675)

  • ISIN: INE532F07ID7
  • Securities: 6,83,862
  • Coupon: 9.58% (Monthly)
  • Maturity: October 7, 2030
  • Redemption: Rs. 1,000 per NCD
  • First interest payment: December 1, 2025

Series VII (Scrip Code: 940677)

  • ISIN: INE532F07HY5
  • Securities: 2,77,560
  • Coupon: 10.00% (Annual)
  • Maturity: October 7, 2030
  • Redemption: Rs. 1,000 per NCD

Series VIII (Scrip Code: 940679)

  • ISIN: INE532F07IH8
  • Securities: 75,542
  • Zero coupon bond
  • Maturity: October 7, 2030
  • Redemption: Rs. 1,611.00 per NCD
  • Effective yield: 10.00%

Series IX (Scrip Code: 940681)

  • ISIN: INE532F07IE5
  • Securities: 4,19,648
  • Coupon: 9.80% (Monthly)
  • Maturity: October 7, 2035
  • Redemption: Rs. 1,000 per NCD
  • First interest payment: December 1, 2025

Series X (Scrip Code: 940683)

  • ISIN: INE532F07IF2
  • Securities: 1,14,818
  • Coupon: 10.25% (Annual)
  • Maturity: October 7, 2035
  • Redemption: Rs. 1,000 per NCD

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

None specified for market participants. This circular is informational regarding the listing of debt securities.

Important Dates

  • Allotment Date: October 7, 2025 (all series)
  • First Interest Payment Dates:
    • Series I, IV, VII, X: October 7, 2026
    • Series III, VI, IX: November 7, 2025 (monthly series) or December 1, 2025
  • Maturity Dates:
    • Series I, II: October 7, 2027 (2-year tenure)
    • Series III, IV, V: October 7, 2028 (3-year tenure)
    • Series VI, VII, VIII: October 7, 2030 (5-year tenure)
    • Series IX, X: October 7, 2035 (10-year tenure)

Impact Assessment

This is a routine debt securities listing with limited market impact. The listing provides debt market participants with additional investment options in Edelweiss Financial Services’ secured NCDs across various tenures (2 to 10 years) and interest payment structures. The CRISIL A+/Stable rating indicates investment-grade quality. The diverse maturity profile and interest payment frequencies cater to different investor preferences. No impact on equity markets or broader trading operations is expected.

Impact Justification

Routine listing of debt securities that affects only NCD holders and debt market participants, not equity market or broader trading operations