Edelweiss Financial Services Limited announced the launch of its Public Issue of Secured, Redeemable, Non-Convertible Debentures (NCDs). The issue aims to raise up to ₹1,500 million (Base Issue Size) with a green shoe option of up to ₹1,500 million, cumulatively aggregating up to ₹3,000 million. The NCDs will be issued with a face value of ₹1,000 each and are rated ‘Crisil A+/Stable’. The issue opens on September 21, 2026, and closes on October 5, 2026.
Edelweiss Financial Services Announces Major Capital Raise
Edelweiss Financial Services Limited has officially announced the launch of a public issue for its Secured, Redeemable, Non-Convertible Debentures (NCDs). This capital raise initiative is designed to aggregate a significant amount, with a base issue size of up to ₹1,500 million. The company has also included a green shoe option of up to ₹1,500 million, bringing the total potential fundraising to ₹3,000 million.
Key Details of the NCD Issue
The NCDs will have a face value of ₹1,000 each and will be issued under the terms and conditions outlined in the Prospectus dated September 10, 2026. The issue is being made pursuant to the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, among other applicable laws. Edelweiss Financial Services Limited has received a credit rating of ‘Crisil A+/Stable’ for these NCDs, indicating an adequate degree of safety regarding timely servicing of financial obligations.
Issue Opening and Closing Dates
The Public Issue is scheduled to open for subscription on Monday, September 21, 2026, and will close on Monday, October 5, 2026. The specific tenor, coupon rates, redemption amounts, and interest payment schedules for various series of NCDs are detailed in Annexure A of the Prospectus, offering investors multiple options with varying yields and tenors ranging from 24 months to 120 months.
Security and Listing
The principal amount of the NCDs will be secured by a pari passu charge in favour of the Debenture Trustee on certain assets of the entities. The NCDs are proposed to be listed on BSE Limited (BSE), with BSE appointed as the Designated Stock Exchange. The listing is expected to occur within three working days from the issue closure date.
Purpose of the Issue
The Debenture Fund Raising Committee of Edelweiss Financial Services Limited considered and approved the public issue. The funds raised are intended to support the company’s business operations and growth initiatives. The issue is not underwritten.
Source: BSE
