Opening Date
21 Aug 2025
Closing Date
4 Sep 2025
Yield
UPTO 10.50%
Tenure
UPTO 120 MONTHS
Ongoing IPO
Opening Date
21 Aug 2025
Closing Date
4 Sep 2025
Time to close
Yield
UPTO 10.50%
Tenure
UPTO 120 MONTHS
Issue Size (Including Green Shoe Option) | 200 | ||
Face Value | 1000 | ||
Coupon | UPTO 10.50% | ||
Minimum Number of Bonds | 10 | ||
Lot Size (Multiplier) | 1 | ||
Allotment Date (Tentative) | 11 Sep 2025 | ||
Listing Date (Tentative) | 12 Sep 2025 | ||
Exchange Bid Time (24 Hours) | 10:00 to 17:00 |
Documents attached
*Allotment on first come first serve basis
Series | I | II | III | IV | V | VI | VII | VIII | IX | X |
Nature Of NCDs | Secured Redeemable Non-Convertible Debentures | |||||||||
Who Can Apply | EVERYONE | |||||||||
Tenure | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months |
Frequency of Interest payment | YEARLY | CUMULATIVE | MONTHLY | YEARLY | CUMULATIVE | MONTHLY | YEARLY | CUMULATIVE | MONTHLY | YEARLY |
Best Coupon Rate (% p.a.) for: | ||||||||||
Category 1 | 9.00 % | -N.A.- | 9.35 % | 9.75 % | -N.A.- | 9.80 % | 10.25 % | -N.A.- | 10.03 % | 10.50 % |
Category 2 | 9.00 % | -N.A.- | 9.35 % | 9.75 % | -N.A.- | 9.80 % | 10.25 % | -N.A.- | 10.03 % | 10.50 % |
Category 3 | 9.00 % | -N.A.- | 9.35 % | 9.75 % | -N.A.- | 9.80 % | 10.25 % | -N.A.- | 10.03 % | 10.50 % |
Category 4 | 9.00 % | -N.A.- | 9.35 % | 9.75 % | -N.A.- | 9.80 % | 10.25 % | -N.A.- | 10.03 % | 10.50 % |
Effective Yield (% p.a.) for: | ||||||||||
Category 1 | 9.00 % | 9.00 % | 9.75 % | 9.74 % | 9.75 % | 10.24 % | 10.24 % | 10.25 % | 10.50 % | 10.49 % |
Category 2 | 9.00 % | 9.00 % | 9.75 % | 9.74 % | 9.75 % | 10.24 % | 10.24 % | 10.25 % | 10.50 % | 10.49 % |
Category 3 | 9.00 % | 9.00 % | 9.75 % | 9.74 % | 9.75 % | 10.24 % | 10.24 % | 10.25 % | 10.50 % | 10.49 % |
Category 4 | 9.00 % | 9.00 % | 9.75 % | 9.74 % | 9.75 % | 10.24 % | 10.24 % | 10.25 % | 10.50 % | 10.49 % |
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•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!
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BondsIndia 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. BondsIndia brings up-to-date information when IPOs go live, fixed deposits with higher interests, and bonds with competitive price before anyone else.
BondsIndia ditches the traditional ways of investing by offering a Technology based platform for investors that ensures instant online settlements and reduces counter-party risks. Choose BondsIndia for its sleek interface, fail-safe communication and step-by-step guide to ensure a well-placed bid. You can apply for Edelweiss Financial Services Limited IPO on BondsIndia's website.
Place your bid in three simple steps:
Key in Basic Details
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Place the bid
Application process on BondsIndia platform is simple and seamless.
Reach out to on info@bondsindia.com for more questions. Thank you for tuning in with BondsIndia.
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited), a part of the Edelweiss Group, is a Housing Finance Company that has been providing access to credit to customers for various kinds of loans since 2010. Nido Home Finance Limited is one of the leading housing finance companies that provides attractive Home Loans & Loan against Property LAP to customers from all income segments. Nido Home Finance Limited aims to be a catalyst in fulfilling the dreams of owning a home and in wealth creation for its customers belonging to self employed and salaried segments.
Adequate capitalisation, supported by multiple capital raises
The Edelweiss group has demonstrated its ability to raise capital from global investors across businesses, despite the tough macroeconomic environment. The group has raised Rs 6,000 crore since 2016 across lending, wealth management and asset management businesses. This has helped the group to maintain its capital position despite elevated credit costs, and absorb asset-side risks. The networth stood at Rs 6,386 crore as on September 30, 2024, against Rs 6,309 crore as on March 31, 2024 (Rs 8,581 crore as on March 31, 2023). The networth reduced from March 2023 levels as 30% of Nuvama networth was distributed to the shareholders of EFSL as part of the demerger.
Demonstrated ability to build significant competitive position across businesses
The Edelweiss group is a diversified financial services player with presence in four verticals: credit (wholesale and retail), insurance (life and general), asset management, and asset reconstruction. The group has attained leading positions in the alternate asset and asset reconstruction businesses and is focusing on building market position in other businesses too, which should lend greater stability to earnings over a period of time.
Subdued profitability for current size and scale considering presence in multiple businesses
The groups profitability is lower than other large, financial sector groups. However, most of the businesses have been reporting profit since the last quarter of fiscal 2021.The group reported a profit after tax (PAT) of Rs 528 crore in fiscal 2024 (excluding any one-off items) against PAT of Rs 406 crore in fiscal 2023. However, profitability in 2023 was supported by a one-off item of revaluation gains (and also accelerated provisions made basis the one-off gain), excluding which the profit would have been Rs 248 crore in fiscal 2023.
Asset quality monitorable with elevated level of monitorable portfolio
The groups overall gross loan book (excluding monitorable portfolio net of on-book gross stage III assets) stood at Rs 5,401 crore as on September 30, 2024, compared with Rs 5,537 crore as on March 31, 2024, and Rs 7,548 crore as on March 31, 2023. Of this, retail on book stood at Rs 4,153 crore (Rs 4,261 crore and Rs 3,795 crore) and the remaining was wholesale book.
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