Edelweiss Financial Services Opens ₹300 Crore NCD Issue with Yields of Up to 10%

Mumbai | 9 June 2026 

Edelweiss Financial Services Ltd (EFSL) has opened a public NCD issue with a base size of ₹150 crore and a green shoe option of an equal amount, bringing the total issue size to ₹300 crore. The issue opened on 8 June 2026 and is scheduled to close on 19 June 2026, subject to the company’s right to close earlier or extend the date with regulatory approval. 

What are the tenure and yield options for the Edelweiss NCD issue? 

The issue comprises 10 series of NCDs across four tenures: 24 months, 36 months, 60 months and 120 months. Investors may select from annual, monthly or cumulative interest payment frequencies. The effective annual yield on the instruments ranges between 8.64% and 10%. Each NCD carries a face value of ₹1,000 and will be issued and traded exclusively in dematerialised form. 

How will allotment be handled? 

Allotment will be made on the basis of the date of upload of applications into the electronic book of BSE. In the event of oversubscription on any given day, allotment will be made on a proportionate basis in consultation with the stock exchange. The NCDs are proposed to be listed on BSE to provide secondary market liquidity to investors. 

How will EFSL use the proceeds? 

At least 75% of the net proceeds will be applied towards repayment or prepayment of interest and principal on existing borrowings. The remainder will be directed towards general corporate purposes, with that allocation capped at 25% of the total amount raised. 

What is the credit rating on the Edelweiss NCDs? 

CRISIL Ratings has assigned the NCDs a rating of CRISIL A+/Stable, indicating an adequate degree of safety regarding the timely servicing of financial obligations. Trust Investment Advisors Pvt Ltd, Nuvama Wealth Management Ltd and Tipsons Consultancy Services Pvt Ltd are acting as lead managers to the issue. 

Stay updated on Indian equity and commodity markets. Read more market news on PL Capital → 

Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing.

This is a knowledge-sharing initiative by PL Capital. The information provided is only for educational purposes and should not be considered as financial advice & has no influence on the investment/trading decisions of any investors.

For detailed disclaimers/disclosure and Mandatory terms and conditions please visit our website https://www.plindia.com/regulatory-content/