{"id":12331,"date":"2026-02-27T12:20:43","date_gmt":"2026-02-27T12:20:43","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=12331"},"modified":"2026-02-27T12:20:43","modified_gmt":"2026-02-27T12:20:43","slug":"edelweiss-financial-services-limited-ncd-ipo-2","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/","title":{"rendered":"Edelweiss Financial Services Limited NCD IPO"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#High_Yield_CRISIL_AStable_Minimum_Investment_10k_Only\" >High Yield | CRISIL A+\/Stable | Minimum Investment: 10k Only<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Coupon_rates_and_effective_yield_for_each_of_the_series\" >Coupon rates and effective yield for each of the series:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Allocation_Ratio\" >Allocation Ratio:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Investment_Process_for_Edelweiss_Financial_Services_Limited_NCD_IPO\" >Investment Process for Edelweiss Financial Services Limited NCD IPO:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Financial_Overview\" >Financial Overview:<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Snapshot_stating_the_Total_Income_Expenses_PAT_and_Net_Worth_In_crores\" >Snapshot stating the Total Income, Expenses, PAT and Net Worth (In crores):<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Cash_flow_for_last_few_years_In_crores\" >Cash flow for last few years (In crores):<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Issue_analysis\" >Issue analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\" >To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#About_Edelweiss_Financial_Services_Limited\" >About Edelweiss Financial Services Limited:<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Strengths\" >Strengths:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Weaknesses\" >Weaknesses:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/#Invest_in_Bond_IPO_online_in_just_5_minutes\" >Invest in Bond IPO online in just 5 minutes<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"High_Yield_CRISIL_AStable_Minimum_Investment_10k_Only\"><\/span><strong>High Yield | CRISIL A+\/Stable | Minimum Investment: 10k Only<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Edelweiss Financial Services Limited is issuing the Non-Convertible Debentures. These NCDs are <\/span><span style=\"font-weight: 400;\">A+\/Stable <\/span><span style=\"font-weight: 400;\">rated by CRISIL. The NCDs are being issued in ten series: coupon ranges from 8.65% to 10.00% p.a. and different tenures of 24 months, 36 months, 60 months and 120 months . The NCDs are secured and redeemable in nature.<\/span><\/p>\n<p><img decoding=\"async\" class=\" wp-image-12339 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6-251x300.png\" alt=\"Edelweiss Financial Services NCD IPO\" width=\"737\" height=\"881\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6-251x300.png 251w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6-858x1024.png 858w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6-768x917.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6-1287x1536.png 1287w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120305\/Bond-Overview-6.png 1477w\" sizes=\"(max-width: 737px) 100vw, 737px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Coupon_rates_and_effective_yield_for_each_of_the_series\"><\/span><strong>Coupon rates and effective yield for each of the series:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\" wp-image-12341 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120515\/Issue-Structure-4-300x153.png\" alt=\"Edelweiss Financial Services Ltd NCD IPO\" width=\"757\" height=\"386\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120515\/Issue-Structure-4-300x153.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120515\/Issue-Structure-4-1024x521.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120515\/Issue-Structure-4-768x391.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120515\/Issue-Structure-4.png 1084w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Allocation_Ratio\"><\/span><b>Allocation Ratio:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\" wp-image-12342 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4-300x175.png\" alt=\"Edelweiss Financial Services NCD IPO\" width=\"744\" height=\"434\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4-300x175.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4-1024x598.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4-768x448.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4-1536x897.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27120821\/Allocation-Ratio-4.png 1913w\" sizes=\"(max-width: 744px) 100vw, 744px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Investment_Process_for_Edelweiss_Financial_Services_Limited_NCD_IPO\"><\/span><b>Investment Process for <\/b><b>Edelweiss Financial Services Limited<\/b><b> NCD IPO:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">You can invest in IPOs via GoldenPi in these easy steps.<\/span><\/p>\n<p><img decoding=\"async\" class=\" wp-image-11656 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/04160420\/Investment-Process-300x120.png\" alt=\"Edelweiss Financial Services NCD IPO\" width=\"726\" height=\"290\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/04160420\/Investment-Process-300x120.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/04160420\/Investment-Process-768x306.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/04160420\/Investment-Process.png 906w\" sizes=\"(max-width: 726px) 100vw, 726px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Financial_Overview\"><\/span><b>Financial Overview:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h5><span class=\"ez-toc-section\" id=\"Snapshot_stating_the_Total_Income_Expenses_PAT_and_Net_Worth_In_crores\"><\/span><b>Snapshot stating the Total Income, Expenses, PAT <\/b><b>and <\/b><b>Net Worth <\/b><b>(In crores):<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><img decoding=\"async\" class=\" wp-image-12343 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4-300x180.png\" alt=\"Edelweiss Financial Services NCD IPO\" width=\"728\" height=\"437\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4-300x180.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4-1024x615.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4-768x461.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4-1536x923.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121341\/Financials-4.png 1653w\" sizes=\"(max-width: 728px) 100vw, 728px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Cash_flow_for_last_few_years_In_crores\"><\/span><b>Cash flow for last few years (In crores):<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\" wp-image-12344 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1-300x163.png\" alt=\"Edelweiss Financial Services NCD IPO\" width=\"732\" height=\"398\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1-300x163.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1-1024x556.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1-768x417.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1-1536x834.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27121442\/CashFlow-1.png 1848w\" sizes=\"(max-width: 732px) 100vw, 732px\" \/><span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects <span>the net flows of cash that are used to fund the company.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Issue_analysis\"><\/span><b>Issue analysis<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Pros:<\/b><b>\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong Credit Rating:<\/b><span style=\"font-weight: 400;\"> Rated Crisil A+\/Stable\u00a0 indicating high degree of safety and low credit risk\u200b.\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Secured NCDs:<\/b><span style=\"font-weight: 400;\"> Senior, secured NCDs backed by pari-passu charge on loan and advances, receivables, investments, stock in trade, current &amp; other assets, immovable property \/ fixed assets.\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Security Cover: <\/b><span style=\"font-weight: 400;\">The security cover required must be a minimum of 100% of the total of the outstanding principal balance of the NCDs.\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Competitive yields<\/b><span style=\"font-weight: 400;\">: up to 10.01% vs bank FDs (6-7.8%).<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Wide tenor and payout options: <\/b><span style=\"font-weight: 400;\">24\/36\/60\/120 Months and Monthly\/ Annual interest payment option providing flexibility to investors.<\/span><\/li>\n<\/ul>\n<p><b>Pros:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Interest Rate Risk:<\/b><span style=\"font-weight: 400;\"> More pronounced in longer tenors (60 and 120 months).<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Profitability Pressure:<\/b><span style=\"font-weight: 400;\"> Core profitability revival has been slower than expected; high monitorable loan portfolio adds risk.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\"><\/span><a href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><b>To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"About_Edelweiss_Financial_Services_Limited\"><\/span><b>About <\/b><b>Edelweiss Financial Services Limited:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Edelweiss Financial Services Limited <\/span><span style=\"font-weight: 400;\">\u00a0is one of India&#8217;s leading financial services conglomerates, offering a robust platform to a diversified client base across domestic and global geographies. The company has mainly four business verticals namely Retail Credit, Asset Management, Asset Reconstruction and Insurance services. Apart from that the company has also been\u00a0 providing Merchant Banking services since 1995. Edelweiss Financial Services Limited is listed on the stock exchange having a market capitalization of more than <\/span><span style=\"font-weight: 400;\">\u20b9<\/span><span style=\"font-weight: 400;\">10,800 Crores as of Feb \u20182026.<\/span><\/p>\n<h5><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><b>Strengths:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong Edelweiss Brand and Pan-India distribution network:<\/b><span style=\"font-weight: 400;\"> Edelweiss possesses a robust brand presence within the financial services sector, built upon a reputation for consistent execution and innovation. The company operates across India with a total of 260 offices nationwide.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Experienced management team:<\/b><span style=\"font-weight: 400;\"> leadership is stable, characterized by extensive experience. Chairman &amp; MD, Rashesh Chandrakant Shah ( 35+ yrs in financial services), and Vice Chairman &amp; Director, Venkatchalam A Ramaswamy (30+ Yrs). Senior Management also has substantial, long-tenured expertise in the BFSI industry.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong Institutional Backing: <\/b><span style=\"font-weight: 400;\">Promoters hold 33%, FIIs hold 18.3% and DIIs &amp; Non Institutions hold 48.3%. Marquee investors include TIAA CREF funds (3.6%), LIC (2.6%), Vanguard group (2.4%), Blackrock (1.3%), and Barclays (0.9%).<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong funding partners and Network: <\/b><span style=\"font-weight: 400;\">JP Morgan, HSBC, Bill &amp; Melinda gates foundation, Bank of Baroda, TATA Trusts, HCL, WIPRO, ICICI Prudential.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Diversified business model :<\/b><span style=\"font-weight: 400;\"> Presence in Asset reconstruction (ARC), asset management (Alternate asset &amp; Mutual Funds), Credit (MSME &amp; Mortgages ), Insurance (Life &amp; General) \u2013 mitigates reliance on lending alone.\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Adequately capitalised:<\/b><span style=\"font-weight: 400;\"> Edelweiss group NBFCs &#8211; ECL Finance (30.13%), Nido Home Finance (29.52%), and Edelweiss ARC (85.21%) &#8211; are well-capitalized, with CRAR significantly above the RBI&#8217;s 15% minimum.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Stable asset quality:<\/b><span style=\"font-weight: 400;\"> The Net-NPA for the three credit entities (ECL Finance, Nido Home Finance, Edelweiss Retail Finance Limited) remained controlled: 1.70% (FY25), 1.29% (FY24), and 1.36% (FY23).<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Meaningful deleveraging over medium term: <\/b><span style=\"font-weight: 400;\">Net debt reduced materially from \u20b918,550 crore (Mar\u201922) to \u20b911,170 crore (Mar\u201925), reflecting balance sheet repair through recoveries, stake sales and fee-led earnings; debt rose marginally to \u20b911,334 crore by Sep\u201925 due to corporate borrowings.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Asset management franchise has scaled steadily: <\/b><span style=\"font-weight: 400;\">AUM increased from \u20b945,310 crore (Mar\u201925) to \u20b947,670 crore (Sep\u201925); mutual fund AUM scaled from \u20b938,192 crore (Mar\u201924) to \u20b954,600 crore (Sep\u201925), supporting recurring fee income.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Wholesale lending risk meaningfully reduced: <\/b><span style=\"font-weight: 400;\">Wholesale loan book declined sharply from \u20b94,879 crore (Mar &#8217;23) to \u20b9307 crore (Sep\u201925), materially lowering tail risk compared with earlier cycles.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong liquidity and positive ALM:<\/b><span style=\"font-weight: 400;\"> Expected inflows of ~\u20b911,300 cr along with cash and bank balance of ~\u20b95,600 cr comfortably cover ~\u20b911,500 cr of outflows over Jan-Dec 2026, supported by positive ALM gaps across all tenors (\u22641 year: +\u20b9900 cr; 1-3 years: +\u20b9300 cr; 3+ years: +\u20b94,700 cr), indicating low refinancing risk.<\/span><\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Weaknesses\"><\/span><b>Weaknesses:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u00a0Profitability improving but still modest for scale: <\/b><span style=\"font-weight: 400;\">RoA improved from ~1.2% in FY24 to ~1.3% in FY25; however, earnings remain below large diversified peers and are partly supported by fair-value gains and deferred tax assets.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Stressed asset overhang persists despite reduction: <\/b><span style=\"font-weight: 400;\">Gross Stage III assets declined from ~10.2% (Mar\u201923) to 8.0% (Sep\u201925), but remain elevated; net monitorable portfolio reduced from \u20b96,018 crore (Mar\u201924) to \u20b93,892 crore (Sep\u201925), still high by sector standards.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Insurance businesses still drag consolidated returns: <\/b><span style=\"font-weight: 400;\">Life and general insurance arms remain loss-making, though losses have reduced versus prior years; breakeven expected only over the next 1-2 fiscals.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Declining net worth:<\/b><span style=\"font-weight: 400;\"> Drop to <\/span><b>\u20b9 5,866 Cr crore as of Dec \u20192025 vs \u20b9 6,381 crore Mar \u2018 2023)<\/b><span style=\"font-weight: 400;\"> after dividend distributions and mark-downs in Security receipts (SRs).<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Slow growth in retail\/AM lending:<\/b><span style=\"font-weight: 400;\"> Retail and MSME lending growth has been relatively muted.<\/span><\/li>\n<\/ul>\n<h1><span class=\"ez-toc-section\" id=\"Invest_in_Bond_IPO_online_in_just_5_minutes\"><\/span><a href=\"https:\/\/goldenpi.com\/bond-ipo-online\"><b>Invest in Bond IPO online in just 5 minutes<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><span style=\"font-weight: 400;\"><strong>Source-<\/strong> Prospectus February 23, 2026<\/span><\/p>\n<p><strong>Disclaimer &#8211; <\/strong><span style=\"font-weight: 400;\">The information is published as on date 27\/02\/2026 based on information available on Prospectus <\/span><span style=\"font-weight: 400;\">February 23, 2026<\/span><span style=\"font-weight: 400;\">. The information may be subject to change in case of change in terms of prospectus or any other reason as the case maybe. Contents which are exclusively for educational information\/knowledge sharing on capital market concepts and has no influence the investment\/sale decisions of any investors<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>High Yield | CRISIL A+\/Stable | Minimum Investment: 10k Only Edelweiss Financial Services Limited is issuing the Non-Convertible Debentures. These NCDs are&hellip;<\/p>\n","protected":false},"author":12,"featured_media":12333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[113],"tags":[],"class_list":["post-12331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ncd-ipo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Edelweiss Financial Services Limited NCD IPO - GoldenPi | Blogs<\/title>\n<meta name=\"description\" content=\"Edelweiss Financial Services Limited NCD IPO\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edelweiss Financial Services Limited NCD IPO - GoldenPi | Blogs\" \/>\n<meta property=\"og:description\" content=\"Edelweiss Financial Services Limited NCD IPO\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/edelweiss-financial-services-limited-ncd-ipo-2\/\" \/>\n<meta property=\"og:site_name\" content=\"GoldenPi | Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldenpitech\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-27T12:20:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/02\/27110151\/Blog-Banner%402x1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1161\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Abhijit Roy, CEO &amp; 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