Edelweiss Financial Services to launch ₹2,500m NCD public issue

Edelweiss Financial Services Limited (EFSL) is set to raise up to ₹2,500 million through a public issue of Secured Redeemable Non-Convertible Debentures (NCDs). The issue comprises 25,00,000 NCDs with a face value of ₹1,000 each, targeting a base issue size of ₹1,250 million, with an additional green shoe option for another ₹1,250 million. The NCDs offer an effective annual interest yield ranging from 8.85% p.a. to 10.09% p.a., across 10 series with tenures of 24, 36, 60, and 120 months, offering annual, monthly, and cumulative interest payment options.

The issue is scheduled to open on Friday, December 5, 2025, and will close on Thursday, December 18, 2025. CRISIL Ratings Limited has rated the NCDs "Crisil A+/Stable". At least 75% of the funds raised will be allocated towards the repayment or prepayment of existing borrowings, with the remaining balance slated for general corporate purposes, in compliance with SEBI NCS Regulations. The NCDs will be listed on BSE Limited.