Security Name: 10.40% Edelweiss Retail Finance Limited 18 Mar 2027
ISIN:
INE528S08076
Taxable
Tax Category
18 Mar, 2027
Maturity Date
(1 Yr 10 Mo 3 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
18 Mar, 2024
Allotment Date
NA
Put Date
18 Jun, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
10.4%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
03 Jun, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Edelweiss Retail Finance Limited
Edelweiss offers a wide range of retail credit products that are designed to address an array of financing needs with quick turnaround time. The product suite contains , Loan against property, Construction finance, lease rental discounting, SME Finance, Equipment finance amongst others. We are also present in rural India providing microfinance as part of our financial inclusion agenda. It has a wide geographic presence with ability to cater to financial needs of a variety of segments including loans for the self employed segment. In the SME segment we understand the needs of the businesses and tailor our offering to form a critical part of the SME ecosystem which is crucial for the overall health of the economy.
The ratio in FY24 is 2.23x and it was 1.55x in FY23, even though there is dip in borrowing and finance cost but still there is increase in debt levels, due to decrease in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.42x and it was 1.57x in FY23, indicating decrease in issuers debt servicing ability, due to dip in the profitability .
Interest coverage ratio
Recent News
Edelweiss Financial Services Issue Secured Redeemable NCDs For An Amount Upto ₹2,000 Million
Apr 04, 2024 | Edelweiss Retail Finance Limited
Edelweiss boosts co-lending partnership with Central Bank of India for MSME
Apr 04, 2024 | Edelweiss Retail Finance Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE528S08076 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
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| 10.40% Edelweiss Retail Finance Limited 18 Mar 2027 |
| Credit Rating |
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| A+ Stable by CRISIL A Stable by CARE |
| Coupon Frequency |
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| Quarterly |
| Face Value |
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| ₹1,00,000 |
| Coupon |
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| 10.400000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 18/03/2027 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
