Edelweiss NCD
Rates, tenures, credit rating and current status of the non-convertible debentures (NCDs) issued by Edelweiss Financial Services Limited, updated at each new issue.
Edelweiss NCD issues on our tracker
| Issue | Dates | Yield (p.a.) | Tenure | Rating | Security | Issue size | Minimum |
|---|---|---|---|---|---|---|---|
| Edelweiss Financial Services LtdPublic issueSEBI filing: prospectus ↗An addendum brought the closing date forward from 5 Oct to 29 Sep 2026. | 21 Sep – 5 Oct 2026Closed early on 29 Sep 2026 | 8.64–10.00% | 2 yrs – 10 yrs | Crisil A+/Stable | Secured | ₹150 cr + ₹150 cr green shoe | ₹10,000 |
| Edelweiss Financial Services LtdPublic issueSEBI filing: prospectus ↗ | 8–19 Jun 2026Closed early on 12 Jun 2026 | 8.64–10.00% | 2 yrs – 10 yrs | Crisil A+/Stable | Secured | ₹150 cr + ₹150 cr green shoe | ₹10,000 |
| Edelweiss Financial Services LtdPublic issueSEBI filing: prospectus ↗ | 2–16 Mar 2026 | 8.64–10.01% | 2 yrs – 10 yrs | Crisil A+/Stable | Secured | ₹175 cr + ₹175 cr green shoe | ₹10,000 |
From each issue’s prospectus on SEBI. Open and closed are worked out from the dates. All upcoming NCD issues
Edelweiss Financial Services Limited (EFSL) is the listed parent company of the Edelweiss group. It started in 1995 as an investment bank and, through its subsidiaries, now runs retail and corporate credit, mutual funds, alternative asset management, asset reconstruction, and life and general insurance. As of 30 June 2026 the group had 24 subsidiaries, 2 jointly controlled entities and 310 offices, 3 of them outside India.
On a consolidated basis the group reported total income of ₹10,865 crore and profit attributable to owners of ₹547 crore for the year to 31 March 2026, against ₹9,519 crore and ₹399 crore a year earlier. The NCDs on this page are issued by EFSL itself, not by one of its lending subsidiaries. On a standalone basis EFSL made a profit of ₹448 crore in FY2026 after a loss of ₹52 crore in FY2025. These figures are from the September 2026 prospectus. EFSL has run three public NCD issues in 2026 (March, June and September), all listed on the BSE.
Credit rating: Crisil A+/Stable on the September 2026 NCDs (rating letter dated 20 Aug 2026). The March and June 2026 issues carried the same Crisil A+/Stable rating, and the prospectus lists no other or unaccepted rating. Check the current rating on crisilratings.com before investing.
Latest issue - September 2026: key terms
| Parameter | Detail |
|---|---|
| Issue | Public issue of secured NCDs; prospectus filed with SEBI on 10 Sep 2026 |
| Dates | Opened 21 Sep 2026; scheduled to close 5 Oct 2026, brought forward to 29 Sep 2026 by an addendum |
| Type | Secured, redeemable, non-convertible debentures: a pari passu charge on loans and advances and other assets, and/or a pledge of securities, with security cover of at least 100% of principal and interest |
| Face value | ₹1,000 per NCD |
| Minimum application | 10 NCDs (₹10,000) |
| Issue size | ₹150 cr base + ₹150 cr green shoe = up to ₹300 cr |
| Coupon range | 8.65% - 10.00% p.a. |
| Effective yield | 8.64% - 10.00% p.a. |
| Tenures | 24 / 36 / 60 / 120 months |
| Put and call options | None |
| Credit rating | Crisil A+/Stable |
| Listing | BSE |
| Lead managers | Trust Investment Advisors Pvt Ltd; Nuvama Wealth Management Ltd; Tipsons Consultancy Services Pvt Ltd |
| Registrar | KFin Technologies Ltd |
| Debenture trustee | Beacon Trusteeship Ltd |
From the prospectus filed with SEBI on 10 Sep 2026 and its addendum. Applications that did not choose a series were allotted Series IV.
September 2026 issue - series-wise coupon & effective yield
| Series | Interest payment | Tenure | Coupon (% p.a.) | Effective yield (% p.a.) |
|---|---|---|---|---|
| I | Annual | 24 months | 8.65% | 8.64% |
| II | Cumulative | 24 months | - | 8.65% |
| III | Monthly | 36 months | 8.80% | 9.15% |
| IV | Annual | 36 months | 9.15% | 9.14% |
| V | Cumulative | 36 months | - | 9.15% |
| VI | Monthly | 60 months | 9.21% | 9.60% |
| VII | Annual | 60 months | 9.60% | 9.59% |
| VIII | Cumulative | 60 months | - | 9.60% |
| IX | Monthly | 120 months | 9.58% | 10.00% |
| X | Annual | 120 months | 10.00% | 9.99% |
Same rates for every investor category (I to IV). Cumulative series pay no interest until maturity and then redeem at a fixed amount. These are the issue rates, not the yield on the exchange today.
How to apply or buy
- During a live public issue: apply online through your stockbroker or bank using ASBA or UPI. Brokers list open NCD issues under their IPO or bonds section; pick a series, enter at least 10 NCDs (₹10,000) and approve the mandate. Retail applications are allotted first come, first served, so an issue can close before its scheduled date (the September 2026 issue closed six days early).
- Between issues: NCDs from past issues are listed on the BSE and can be bought through a demat and trading account with access to the debt segment. Search by ISIN and place a limit order: trading is often thin, so the price and yield can differ from the issue terms.
- Interest and the maturity amount are paid to the bank account linked to your demat account. The interest is taxable income, and TDS may be deducted from it; the guide on how bonds are taxed, linked below, explains the rules.
- To check allotment for a past issue, use the registrar, KFin Technologies, or the BSE website, with your PAN or application number.
The risk
Crisil A+/Stable sits two notches below AA and four below AAA: Crisil describes it as an adequate degree of safety and low credit risk, but it is not the top tier. These are a company's debentures, not bank deposits, so there is no DICGC deposit insurance and repayment depends on EFSL's finances. The security is a pari passu charge, shared with other secured lenders, on assets that include loans and advances and pledged securities, kept at a cover of at least 100%; in a default the holders share in those assets rather than having them to themselves. EFSL's standalone results have swung (a ₹52 crore loss in FY2025, a ₹448 crore profit in FY2026). Spread money across issuers and do not treat the coupon as guaranteed.
Sources
- SEBI - Edelweiss Financial Services Ltd, prospectus (issue opening 2026-09): https://www.sebi.gov.in/filings/debt-offer-document/sep-2026/edelweiss-financial-services-limited-prospectus_104753.html
- SEBI - Edelweiss Financial Services Ltd, addendum (early closure) (issue opening 2026-09): https://www.sebi.gov.in/filings/debt-offer-document/sep-2026/edelweiss-financial-services-limited-addendum-to-prospectus_104003.html
- SEBI - Edelweiss Financial Services Ltd, prospectus (issue opening 2026-06): https://www.sebi.gov.in/filings/debt-offer-document/jun-2026/edelweiss-financial-services-limited-prospectus_101760.html
- SEBI - Edelweiss Financial Services Ltd, prospectus (issue opening 2026-03): https://www.sebi.gov.in/filings/debt-offer-document/feb-2026/edelweiss-financial-services-limited-prospectus_100039.html
NCDs are debt of a company and carry credit risk — you can lose money if the issuer defaults. This page is information, not investment advice; verify the current issue terms and credit rating before applying. Facts last verified October 2026.
All upcoming NCD issuesFrequently asked
What people ask about Edelweiss NCDs.
In the September 2026 issue, coupons ran from 8.65% to 10.00% a year and effective yields from 8.64% to 10.00%, across 24, 36, 60 and 120-month series. The 120-month series paid the most. The March and June 2026 issues offered effective yields of 8.64%-10.01% and 8.64%-10.00%. Each new issue sets its own rates.
It carries credit risk. The September 2026 NCDs are rated Crisil A+/Stable, which Crisil describes as an adequate degree of safety and low credit risk, but it is below the AA and AAA tiers. They are secured by a pari passu charge shared with other lenders, they are not bank deposits, and there is no DICGC insurance. Repayment depends on Edelweiss Financial Services Limited's finances.
Edelweiss Financial Services Limited, the listed parent company of the group. Its lending, asset management and insurance subsidiaries are separate companies that borrow on their own terms. Check the issuer name and the ISIN before you buy an Edelweiss-branded NCD on the exchange.
While an issue is open, apply through your broker or bank using ASBA or UPI: choose a series, enter at least 10 NCDs (₹10,000) and approve the mandate. Allotment is first come, first served, and the September 2026 issue closed early. Between issues you can buy listed Edelweiss NCDs on the BSE through a demat account, checking the price and yield first.
Edelweiss Financial Services ran three public NCD issues in 2026, opening in March, June and September. No next date has been announced as of 19 Oct 2026. A new issue needs a prospectus filed with SEBI a few days before it opens, and our NCD tracker lists it once it is filed.