India, July 8 -- Edelweiss Financial Services Limited (EFSL) has announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) worth up to Rs 3,000 million. The issue includes a base size of Rs 1,500 million and a green shoe option of another Rs 1,500 million.
Each NCD carries a face value of Rs 1,000 and offers investors 12 series options with tenures of 24, 36, 60, and 120 months. These come with annual, monthly, and cumulative interest payment modes, offering effective annual yields ranging between 9.00% and 10.49%.
The NCD issue opens on Tuesday, July 8, 2025, and closes on Monday, July 21, 2025. Proceeds from the issue will be primarily used—at least 75%—to repay or prepay existing borrowings (princip...