Security Name: 14.50% Edelweiss Asset Reconstruction Company Limited 31 Mar 2025
ISIN:
INE015L07790
Taxable
Tax Category
31 Mar, 2025
Maturity Date
(-2 Mo -18 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
29 Sep, 2023
Allotment Date
NA
Put Date
31 Mar, 2025
Next Interest Payment Date
3 days
Shut Period
Both
Active on NSDL/CDSL
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
14.5%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
28 Mar, 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 Asset Reconstruction Company Limited
Edelweiss Asset Reconstruction Company (EARC) is sponsored by Edelweiss, one of India’s foremost, leading, diversified financial services conglomerates and CDPQ Private Equity Asia Pte Limited (“CDPQ”). EARC is in the business of acquiring Non-Performing Assets (NPAs) from banks and financial institutions and resolving them through appropriate resolution strategies enunciated in the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 (SARFAESI). It now has two distinct divisions for business - Wholesale Assets and Retail Assets.
The ratio in FY24 is 2.13x and it was 3.32x in FY23, indicating decreased profit levels due to decrease in borrowings as well as finance cost of the issuers led to increase in profitability.
Debt/EBITDA
The ratio in FY24 is 2.07x and it was 1.96x in FY23, indicating increased debt servicing ability due to increase in profitability and reduction in finance cost of the issuers.
Interest coverage ratio
Recent News
Kotak-backed Phoenix ARC, Edelweiss keen to acquire SBI loan to HNG
Apr 26, 2024 | Edelweiss Asset Reconstruction Company Limited
Tilaknagar Industries prepays debt to Edelweiss ARC, concludes financial revamp
Apr 26, 2024 | Edelweiss Asset Reconstruction Company Limited
Edelweiss Asset Reconstruction Company standalone net profit rises 11.91% in the September 2024 quarte
Dec 03, 2024 | Edelweiss Asset Reconstruction Company Limited
Related Videos
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Balancing Act: Understanding and Mitigating Risks in Bond Investing
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 INE015L07790 |
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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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| 14.50% Edelweiss Asset Reconstruction Company Limited 31 Mar 2025 |
| Credit Rating |
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| A +/ Watch Negative by CRISIL |
| Coupon Frequency |
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| Quarterly |
| Face Value |
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| ₹20,000 |
| Coupon |
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| 14.500000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 31/03/2025 |
| Security |
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| Senior Secured |
| 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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| ₹0 |
| 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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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.
