Edelweiss Finance and Investments Ltd NCD period from Jan 23 to Jan 31, 2020:

Edelweiss Finance and Investments Ltd propelled in 1994, in Mumbai. It is a non-banking monetary organization. The organization presented a NCD, Edelweiss Finance and Investments Ltd. The NCD membership period will open on 23rd Jan and it will close on 31st Jan 2020.

Edelweiss Finance and Investments Ltd NCD subtleties:

Offer period Jan 23 to Jan 31, 2020

Security Name Edelweiss Finance and contributing Ltd

Security Type Secured, Redeemable, Non-Convertible Debentures

NCD Size (Base) Rs 125 crore

NCD Size (Shelf) Rs 250 crore

Issue Price Rs 1000 for each NCD

Face Value Rs 1000 for each NCD

Least Lot Size 10 NCD

Market Lot 1 NCD

Posting At BSE

Credit Rating CRISIL AA-/Stable; CARE AA-/Stable

Tenor 18, 36, 60, 120 months

Series Series I to IX

Installment Frequency Monthly, Annual and Cumulative

It was a Secured, Redeemable, Non-Convertible Debentures sort of NCD. The base size of the issue is Rs 125 crore, comparatively, the rack size of the NCD is Rs 250 crore. its assumed worth is Rs 1000 for every each NCD. The underlying cost of NCD is Rs 1000 for every NCD, in the membership time frame. The base part size is 10 NCDs and the market parcel is 1 NCD.

Coupon Rates:

Series Frequency Tenor Coupon Rate

I Annually 18 Months 9.70%

II Cumulative 18 Months NA

III Annually 36 Months 10.00%

IV Cumulative 36 Months NA

V Monthly 60 Months 9.80%

VI Annually 60 Months 10.25%

VII Cumulative 60 Months NA

VIII Monthly 120 Months 9.80%

IX Annually 120 Months 10.25%

The items on the NCD expected to use the raise add up to ahead loaning, discounting procedure, and general corporate purposes. The CARE Rating Agency appraised as AA-/Stable and CRISIL rated as AA-/Stable. It will be recorded on the Bombay Stock Exchange (BSE).

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