Edelweiss Financial Services launches NCD issue seeking up to INR 2,500m

Edelweiss Financial Services Limited is launching a public issue of 2,500,000 secured, redeemable non-convertible debentures (NCDs) with a face value of INR 1,000 each. The issue has a base size of up to INR 1,250 million, with a green shoe option for an additional INR 1,250 million, cumulatively aggregating up to INR 2,500 million. The NCDs are scheduled to open on Friday, December 5, 2025, and close on Thursday, December 18, 2025.

The NCDs have been rated "Crisil A+/Stable" by Crisil, indicating an adequate degree of safety regarding timely servicing of financial obligations and low credit risk.

Interest rates for NCD holders across categories vary depending on the series and tenor, with coupon rates ranging from 8.85% to 10.10% per annum. Tenors offered include 24, 36, 60, and 120 months. The NCDs will be listed on BSE Limited, which has been appointed as the Designated Stock Exchange.