High Yield | AA-/Negative Rated | Minimum Investment: 10k Only
Bond overview
Edelweiss Financial Services Limited is issuing the Non-Convertible Debentures. These NCDs are AA-/Negative rated by CRISIL and ACUITE. The NCDs are being issued in ten series: coupon ranges from 8.95% to 10.46% p.a. and different tenures of 24 months, 36 months, 60 months and 120 months . The NCDs are secured and redeemable in nature.
Coupon rates and effective yield for each of the series
Allocation Ratio
The allocation ratio is prepared based on norms laid down by SEBI. Before announcing the allocation ratio, the same has to be approved by SEBI. Once the IPO subscription closes, applications will be divided into different categories. The category-wise allocation ratio is always decided and declared during the launch of the particular IPO. Considering the Allocation Ratio, units will be assigned to applicants. Refer to the chart to know the application ratio for EFSL NCD-IPO.
Investment Process for EFSL NCD IPO
You can invest in IPOs via GoldenPi in 3 easy steps.
If the investment amount is less than & up to 10 lakhs, retail investors can apply for an IPO online.
If the investment amount is more than 10 Lakhs.
Issue analysis
Pros
- These NCDs are secured by the assets of the company providing an additional layer of protection to your investment.
- These are secured securities.
- The issuer is offering high coupon rates, when compared with FD rates.
Cons
- Macroeconomic conditions such as COVID have negatively impacted the company. However, these conditions are gradually improving.
- The company is expected to face pressure as asset quality and profitability deteriorate.
Financial Overview
Snapshot stating the Revenue, Expenses, EBIT, Net Worth and PAT (In crores)
Cash flow for last 5 years (In crores)
Cash flow refers to the movement of cash in and out of the business at a specific point in time. It represents the net balance of the cash movement.
-
- *Cash flow from operating activities reflects the amount a company generates through its product of services.
- **Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.
- ***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects the net flows of cash that are used to fund the company.
Ratio Analysis
To get better returns than Bank FDs, invest in NCD-IPOs online.
About EFSL
First-generation business owners founded Edelweiss Financial Services Limited (EFSL), the parent company of the Edelweiss Group of enterprises, in 1995 to provide investment banking services, especially to technology companies. The business is headquartered in Mumbai, India. Rashesh Shah and Venkat Ramaswamy jointly founded it.
Key Highlights
Business Verticals:
- NBFC
- Housing Finance
- Asset Management
- Asset Reconstruction
- Insurance
- Wealth Management
Quick walk through on Financials details for 2023
- Net Worth- Rs 8363 Cr
- Current Ratio- 2.87
- Customer Assets- Rs 359300 Cr
- Liquidity- Rs 5250 Cr
Strengths
- Balanced Capitalisation-Capital raised from global investors, and businesses.
- A diversified player with a variety of financial services and a track record of developing strong competitive positions across industries
Weakness
- Low Profitability.
- Negative Cash flow
Invest in Bond IPO online in just 5 minutes
Details | Maximum yield | Overall Issue Size | Credit Rating | Start Date | Closing Date | For more details |
---|---|---|---|---|---|---|
Edelweiss Financial Services Limited NCD IPO – January 2024 | 10.45% | 250 cr | CRISIL A+ Stable | January 9, 2024 | January 22, 2024 | More Details |
Edelweiss Financial Services Limited NCD IPO – October 2023 | 10.45% | 100 cr | CRISIL AA- Negative | October 6, 2023 | October 19, 2023 | More Details |
Edelweiss NCD IPO July 2023 | 10.46%% | 300 cr | CRISIL & ACUiTE AA- (Negative) | July 4, 2023 | July 17, 2023 | More Details |
Edelweiss NCD IPO April 2023 | 10.46%% | 200 cr | CRISIL & ACUiTE AA- (Negative) | April 6, 2023 | April 21, 2023 | More Details |
Edelweiss NCD IPO January 2023 | 10.46%% | 400 cr | CRISIL & ACUiTE AA- (Negative) | January 3, 2023 | January 25, 2023 | More Details |
Edelweiss NCD IPO October 2022 | 10.10% | 400 cr | CRISIL & ACUiTE AA- (Negative) | October 3, 2022 | October 17, 2022 | More Details |
Edelweiss NCD IPO July 2022 | 9.95% | 300 cr | CRISIL AA- & ACUiTE AA (Negative) | July 5, 2022 | July 26, 2022 | More Details |
Edelweiss NCD IPO April 2022 | 9.70% | 300 cr | CRISIL AA- & ACUiTE AA (Negative) | April 6, 2022 | April 26, 2022 | More Details |
Edelweiss NCD IPO December 2021 | 9.70% | 200 cr | CRISIL AA- & ACUiTE AA (Negative) | December 6, 2021 | December 22, 2021 | More Details |
Edelweiss NCD IPO August 2021 | 9.70% | 400 cr | CRISIL AA- & ACUiTE AA (Negative) | August 17, 2021 | September 6, 2021 | More Details |
Edelweiss NCD IPO April 2021 | 9.70% | 2000 cr | ACUiTE AA | April 1, 2021 | April 23, 2021 | More Details |