About the Company

Incorporated on February 18, 1997, Edelweiss Retail Finance Limited (ERFL) is registered with the Reserve Bank of India (RBI) as a non-deposit taking, systemically important, non-banking financial company (NBFC). ERFL is part of the Edelweiss Group, one of India’s prominent financial services organizations having businesses organised around three broad verticals

  • Credit –Including retail finance
  • Franchisee and advisory -Wealth management, asset management, capital markets, balance sheet management, etc.

The Edelweiss Group has a pan-India presence and a global footprint, with with offices in New York, Mauritius, Dubai, Singapore, Hong Kong and the United Kingdom. Edelweiss Financial Services Limited (EFSL) is listed on the Bombay Stck Exchange and National Stock Exchange. Its products include SME finance, loans against property, construction finance and rural finance.

Issue Details
  • Base issue size of Rs. 250 crore and option to retain oversubscription amount of up to Rs. 500 crore
  • First come, first serve basis
  • Institutional portion – 20%, non-institutional portion – 10%, HNI – 20%, retail – 50% of the overall issue size
  • Secured redeemable non-convertible debentures
  • CRISIL AA/Stable and [ICRA] AA Outlook Stable
  • Rs. 10,000 (10 NCDs) across all series and in multiple of 1NCD
  • NSE / BSE
  • Cheque in favour of ERFL NCD Public Issue - escrow account Interest on Application Amount: As per the effective yield applicable Interest on Refund Amount: 5% per annum