Security Name: 9.67% Edelweiss Financial Services Limited 21 Jul 2028
ISIN:
INE532F07EG9
Taxable
Tax Category
21 Jul, 2028
Maturity Date
(3 Yr 1 Mo 29 D to mature)
Monthly
Interest Payment Frequency
No
NRI Eligibility
21 Jul, 2023
Allotment Date
NA
Put Date
01 Jun, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
9.67%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
17 May, 2024
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 Financial Services Limited
Edelweiss Financial Services Limited (EFSL), the holding company of the Edelweiss Group of companies, was incorporated in 1995 by first-generation entrepreneurs to offer investment banking services primarily to technology companies. At present, the Group is engaged in wholesale and retail financing, distressed assets resolution, corporate debt syndication and debt restructuring, institutional and retail equity broking, corporate finance advisory, wealth advisory and asset management. It forayed into housing finance in FY2011, life insurance in FY2012 and general insurance in FY2018.
The ratio in FY24 is 3.52x and it was 0.99x in FY23, indicating increase in debt levels, due to decrease in the profitability as well as increase in the borrowings in FY24.
Debt/EBITDA
The ratio in FY24 is 2.58x and it was 8.65x in FY23, indicating decrease in the debt servicing ability of the company due to increase in Interest on debt securities which led to overall increase in finance cost.
Interest coverage ratio
Recent News
Edelweiss Financial to sell up to 20% stake in subsidiary to raise funds, shares drop as much as 8%
Apr 06, 2024 | Edelweiss Financial Services Limited
CLSA Global Markets buys stake in Edelweiss Financial Services
Apr 06, 2024 | Edelweiss Financial Services 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
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE532F07EG9 |
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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 |
|---|
| 9.67% Edelweiss Financial Services Limited 21 Jul 2028 |
| Credit Rating |
|---|
| A Stable by CARE A+ Stable by CRISIL |
| Coupon Frequency |
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| Monthly |
| Face Value |
|---|
| ₹1,000 |
| Coupon |
|---|
| 9.670000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 21/07/2028 |
| 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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| ₹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.
