Edelweiss Broking Limited IPO is available for the purchase. Rush to apply. Edelweiss NCD IPO aims at providing you the opportunity to make safe investments without hassle. You can get the chance to earn a good return on your investment. The IPO can help you earn up to 9.95% if you choose the maximum tenor.
Please fill up this form and we will notify you soon.
About the Edelweiss Broking Limited IPO
Edelweiss Broking Limited NCD IPO will open on July 5, 2022. The issue price/face value for each is Rs. 1000. You need to apply for a minimum of 10 NCDs i.e., 10x1000 = Rs. 10,000 and multiple of 1 NCD. It is a secured Redeemable Non-Convertible Debentures proposed to be listed on BSE.
Edelweiss Broking Limited issue will close on July 26, 2022*. Do not miss the opportunity if you are looking for an investment offering higher yield.
Edelweiss Broking Limited NCD July 2022 – Overview
Edelweiss Broking limited (EBL) is known to provide a wide array of financial services including broking services, short term funding for employee stock option schemes, distribution of financial products, and margin trade financing facility. EBL is a technology driven securities company based in India. It is a popular company recognised as a leading broker and distributor in India.
Edelweiss Broking limited (EBL) renders the demanding broking services through its dedicated website, easy to use Mobile Application, Terminal and API based trading platforms. The Company today has more than 0.3 million active client base and ₹ 1.5 trillion of client assets spread across a broad number of active broking accounts as of March 31, 2022.
Key Product
Broking services
Distribution of financial products
Short term funding for employee stock option schemes
Margin trade financing facility
Objective of the Issue
The company here proposes to use the raised funds for the below purposes:
Working Capital
General Corporate purposes
Credit Ratings
The Edelweiss Broking Limited NCD IPO proposed to be issued on 5th July 2022 has got the rating. Under the Issue, it has been rated” CRISIL AA- /Negative (pronounced as CRISIL double A minus rating with negative outlook). It is for an amount of ₹ 300 Crores by CRISIL Ratings Limited.
specific terms for series of NCDs
Series
I
II
III
IV
V
VI
VII
VIII
IX
X
Frequency of Interest payment
Annual
Cumulative
Monthly
Annual
Cumulative
Monthly
Annual
Cumulative
Monthly
Annual
Minimum Application
Rs 10,000 (10 NCDs) across all Series
Face Value/ Issue Price of NCD (Rs/NCD)
Rs 1,000
In multiples of thereafter
Rs 1,000 (1 NCD)
Tenure (In Months)
24
24
36
36
36
60
60
60
120
120
Coupon (%per annum) for NCD Holders in Category 1, 2, 3, & 4
8.75%
NA
8.80%
9.15%
NA
9.16%
9.55%
NA
9.53%
9.95%
Effective Yield (per annum) For NCD holders in Category 1, 2, 3, & 4
8.74%
8.75%
9.15%
9.14%
9.15%
9.55%
9.54%
9.55%
9.95%
9.94%
Mode of Interest Payment
Through various mode availabe
Amount (NCD)on Maturity for NCD Holders in Category 1,2,3,4
1,000
1,182.95
1,000
1,000
1,300.70
1,000
1,000
1,578.25
1,000
1,000
Maturity / Redemption Date (years from the Deemed date of Allotment)
24 Months
24 Months
36 Months
36 Months
36 Months
60 Months
60 Months
60 Months
120 Months
120 Months
Put and Call Option
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
*The Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.
The additional incentive will be maximum of 0.20% p.a. for all Category of Investors in the proposed Issue, who are also holders of NCD(s)/Bond(s) previously issued by our Company, and/ or ECL Finance Limited, Edelweiss Broking Limited, Edelweiss Retail Finance Limited, Edelweiss Housing Finance Limited and Edelweiss Finance & Investments Limited as the case may be, and/or are equity shareholder(s) of Edelweiss Broking Limited as the case may be, on the deemed date of allotment.
Note: The Issue is expected to close on Tuesday, Jul 26, 2022.
Company Financials
Consolidated Financial Information – Summary
Particulars
For the period/year ended (INR in Millions)
Mar 31, 2020
Mar 31, 2021
Mar 31, 2022
Total Assets
13,130.27
17,620.99
32,662.58
Total Revenue
4,336.33
3,985.09
7,301.48
After Tax profit
-301.76
28.13
946.49
Why Prefer Trading in Bonds at BondsIndia?
BondsIndia is one of the extensively sought platforms online facilitating trading in bonds. We have a dedicated technology-based platform online having great features. You can take the advantage of our search-friendly and easy navigation feature.
Make your investment decisions after gathering information on bonds, types of bonds, available bonds for trade. You can check top performing bonds and take the benefit of Trending Bonds and Deal of the Day. For your convenience, we at BondsIndia.com have facilitated hassle-free access to thousands of listed bonds.
You can compare bonds and consider credit ratings, coupon, yield, tenor, feature, and other factors prior to making your transaction to buy bonds. Follow us regularly for the latest information on bonds, trending bonds, deal of the day, and more.
How to buy Edelweiss Broking Limited NCD IPO July 2022?
The application process for Edelweiss Broking Limited NCD IPO July 2022 at BondsIndia is simple and hassle-free. You can follow the shared instructions or seek assistance to transact securely.
Visit bondsindia.com
Go through the Edelweiss Broking Limited NCD IPO July 2022 details on the website.
Click on Apply Now on Edelweiss Broking Limited NCD IPO Page.
Fill in the basic details that include your full name, e-mail address, mobile number, PAN number, bank and demat details.
Choose the convenient payment mode, the quantity of IPO, and price.
This will complete your folk’s bidding.
Contact us for clarification related to available bonds for the trade. Also, you can seek our Expert Advice for investments and assistance to buy Edelweiss Broking Limited NCD IPO through BondsIndia.com
Thank you for visiting BondsIndia.com
Leave a Comment-
Your email address will not be published. Required fields are marked *
All rights are reserved by Launchpad Fintech Private Limited having its brand name Bondsindia, its associates and group Companies. SEBI Registration number : INZ000296636BSE Membership no: 6746CIN : U67100DL2020PTC361690
