Edelweiss Finance Limited NCD is a Mumbai based non-deposit taking NBFCs
Edelweiss Finance Limited was incorporated on 18 July 2005 as a public limited company as “ECL Finance Limited “.
Edelweiss Finance Services Limited is the sole promoters of the Company.
The company is engaged in providing affordable secured and unsecured loans to customers.
- company focuses on providing – Structured Collateralised Credit
- Wholesale Mortgages
- Loan against securities
- Agri credit
- Retail mortgages
- Company offers its products to corporates, SME & retail customers residing in india
The net proceeds will be used for:
- For enhancing the loan book of the company by onward lending , financing, and repayment of the borrowings
- For general corporate purposes
|Issue Open||10th May 2019||Issue Close||7th June 2019|
|Issue Type||Fixed Price Issue NCD||Face Value||Rs 1000 Per NCD|
|Issue Price||Rs 1000 Per NCD||Minimum order quantity||10 NCD|
|Issue Size ( Base)||Rs 300 Crore||Market Lot||1|
|Issue Size ( Shelf)||Rs 2000 Crore||Listing at||BSE|
|Series||-||Payment Frequency||Monthly, Annual and Cummulative|
|Basis of Allotment||Priority basis||Tenure||Ranging from 36 Month to 120 Month|
CARE AA has given “Positive” änd Crisil has given “CRISIL AA/Stable” Ratings to the Edelweiss Finance Limited NCD
Axis Bank Limited and Edelweiss Capital Limited are managing the IPO of the company
Edelweiss Finance Limited NCD
Edelweiss House, Off. C.S.T. Road, Kalina, Mumbai, 400 098. Tel: +91 22 4009 4400