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How To Invest In Edelweiss Ncd Ipo August 2021
“If you don’t follow the bond market, you are missing some amazing drama.”
Ride the wave of capital preservation. Gather your friends and family. Call if you have to, but don’t miss out the bidding of the IPO bond. Edelweiss Financial Services is all set to open the gates for investors for IPO bidding on the August 17th this year.
Edelweiss is one of India's leading financial services conglomerates, offering a robust platform to a diversified client base across domestic and global geographies. They are mainly in the business of providing credit to both retail and corporate, Investment & Advisory (Wealth Management, Asset Management) and Insurance (Life, General)
The Edelweiss IPO has been rated AA by independent credit rating agency and provides interest upto 9.70% and upto tenure of 120 months. All you need to do is set a reminder on BondsIndia website and place your bid as we send you a reminder when it goes live.
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About the Company (company stats, standings, etc.)
Issuer Edelweiss financial services Limited
Type of instrument Secured ,Redeemable , Non-Convertible ...
... Debenture
Listing To be listed on BSE
Issue Size Base Issue size of ₹ 200 Crore with an option to retain oversubscription up to ₹ 200 Crore aggregating up to ₹ 400 crore being the Issue size.
Issue Price Rs 1000 per NCD
Minimum Investment Rs. 10,000
Issue Opening Date August 17, 2021
Issue Closing Date September 6, 2021
Mode of Issuance Dematerialised mode only
ISSUE STRUCTURE
Option/Series
I
II
III
IV
V
VI
VII
VIII
Nature Of NCDs
Secured Redeemable Non-Convertible
Who Can Apply
All Categories of Investors (Category I,II,III and IV)
Tenor
36 Months
60 Months
120 Months
Interest Frequency
Monthly
Annual
Cumulative
Monthly
Annual
Cumulative
Monthly
Annual
Best Coupon Rate (% p.a.) for:
Category 1,II,III & IV
8.75%
9.10%
NA
9.15%
9.55%
NA
9.30%
9.70%
Effective Yield (% p.a.) for:
Category 1,II,III & IV
9.10%
9.09%
9.10%
9.54%
9.54%
9.55%
9.70%
9.69%
Edelweiss financial service’s Financial Performance
Piramal Capital’s Financial Performance
Key Strengths and Credit Risks
Key Strengths
Diversified business profile
The group has been diversifying within each of its key businesses, as well as entering new businesses over the past few years. It is now present in the retail and wholesale lending segments, securities broking, wealth management, asset management, insurance, stressed-asset management, and alternate assets. Many of these have now attained sizeable scale and are likely to lend greater stability to earnings
Demonstrated ability to build significant competitive positions across businesses
While the group remains a large player in the traditional broking business, it has also build a sizeable lending book. In the distressed assets segment, EARC remains the largest ARC in India. The established market position in capital market-related businesses should provide the group with a regular stream of fee-based income over the medium term
Credit Risks
Asset quality exposed to risks related to concentration in wholesale lending
The asset quality in the credit business has deteriorated in the last 18 months. While the asset quality in the retail loan book remained comfortable, the asset quality in the wholesale loan book deteriorated significantly Furthermore, given the current macro environment, asset quality of the group's exposures to loans against property (LAP) and loans to micro, SME sectors would be key monitorables. This stems from the sensitivity of borrowers of such loans to the current environment
Lower profitability than peers
Profitability has been lower than those of other large, financial sector groups. While profitability was on an improving trend over the past few fiscals, it has been significantly impacted in fiscal 2020. With higher credit costs, return on assets (annualised) and return on equity (annualised) fell sharply to 0.5% and 3.4%, respectively, during the first 9 months of fiscal 2020 (1.6% and 12.6%, respectively, in fiscal 2019). Provisioning costs, increased by 71% year-on-year (y-o-y) to Rs 651 crore during this period.
Why choose Bonds India?
Bonds India is an online platform for fixed-income securities such as IPOs, bonds, 54EC bonds, and fixed deposits. With a cumulative pedigree of 50+ years in the bond market, we aim to democratize the market for common investors by stationing detailed insights, expert advice, and keeping a close watch on the market sentiment. Bonds India brings up-to-date information when IPOs go live, fixed deposits with higher interests, and bonds with competitive price before anyone else.
Bonds India ditches the traditional ways of investing by offering a blockchain-based platform for investors that ensures instant online settlements and reduces counter-party risks. Choose Bonds India for its sleek interface, fail-safe communication and step-by-step guide to ensure a well-placed bid. You can apply for India Infoline IPO on BondsIndia’s website.
Place you bid in three simple steps:
Key in Basic Details> Choose the IPO Series> Place the bid
Apply Now
How to invest in the IPO
Application process on Bonds India platform is simple and seamless.
Click on the details of the company on the home page
Fill in the Application form with the basic details such as Name, email address, mobile number, Pan details, bank and Demat details
Then, confirm the quantity and price and select payment method.
That’s all folks , bidding complete!!
Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with Bonds India.
Apply now on - https://client.bondsindia.com/IpoDirectDetails?code=BondsIndia&key=eyJraWQiOiJERUJDV1k1cUJ4V2V0VnJkZCtJcE9jVjdwZzU0Yl&issuereferenceid=4&action=apply
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