{"id":11773,"date":"2020-01-25T19:34:54","date_gmt":"2020-01-25T14:04:54","guid":{"rendered":"https:\/\/www.apnaplan.com\/?p=11773"},"modified":"2020-03-25T21:58:03","modified_gmt":"2020-03-25T16:28:03","slug":"edelweiss-finance-investments-ncd-jan20","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/edelweiss-finance-investments-ncd-jan20\/","title":{"rendered":"10.25% Edelweiss Finance and Investments Ltd NCD \u2013 Jan&#8217;20 \u2013 Should you Invest?"},"content":{"rendered":"\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\"><strong>Edelweiss Finance and Investments Ltd has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate and opens for subscription from January 23, 2020<\/strong>.<\/p>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\"><strong data-rich-text-format-boundary=\"true\">Edelweiss Finance is a non-banking finance company,<\/strong> focused on offering a broad suite of secured\u00a0corporate loan products, retail loan products which are customized to suit the needs of the corporate, SMEs and individuals.<\/p>\n<h2 style=\"text-align: justify;\"><strong>Edelweiss Finance<\/strong> NCD \u2013 Significant Points:<\/h2>\n<ul style=\"text-align: justify;\">\n<li><strong>Offer Period:<\/strong> January 23 to 31, 2020<\/li>\n<li><strong>Annual Interest Rates<\/strong> for Retail Investors: 9.75% to 10.25% depending on tenure<\/li>\n<li><strong>Price of each bond:<\/strong>\u00a0Rs 1,000<\/li>\n<li><strong>Minimum Investment<\/strong>: 10 Bonds (Rs 10,000)<\/li>\n<li><strong>Max Investment Limit<\/strong>\u00a0for Retail Investor: Rs 10 Lakhs<\/li>\n<li><strong>Credit Rating:<\/strong> &#8220;CARE AA-; Stable&#8221; and &#8220;CRISIL AA-\/Stable&#8221;<\/li>\n<li><strong>NCD Size:<\/strong> Rs. 125 Crores with an option to Retain Over-subscription Up to Rs 250 crore<\/li>\n<li><strong>Allotment<\/strong>: First Come First Serve<\/li>\n<li><strong>Listing:<\/strong> Bonds would be listed on BSE and will entail capital gains tax on exit through secondary market<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote\">\n<p><strong>Also Read<\/strong><em>\u00a0\u2013\u00a0<\/em><em><a href=\"https:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/a><\/em><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\"><strong>Edelweiss Finance<\/strong> NCD \u2013 Investment Options:<\/h2>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\">There are 9 options of investment in Edelweiss Finance NCD.<\/p>\n<figure id=\"attachment_11775\" aria-describedby=\"caption-attachment-11775\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-11775\" src=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-Investment-options-1024x427.png\" alt=\"Edelweiss Finance and Investments Ltd NCD \u2013 Jan 2020 - Investment options\" width=\"757\" height=\"316\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-Investment-options-1024x427.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-Investment-options-300x125.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-Investment-options-768x320.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-Investment-options.png 1507w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-11775\" class=\"wp-caption-text\"><strong>Edelweiss Finance and Investments Ltd NCD \u2013 Jan 2020 &#8211; Investment options<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><em>Company would allot the Series III NCDs, wherein the Applicants have not indicated their choice of the relevant Series of NCDs in the application form.<\/em><\/p>\n<blockquote>\n<p><a href=\"https:\/\/www.apnaplan.com\/category\/fixed-income\/bonds\/ncds\/\">Click to Know about latest NCD issues<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\"><strong>Edelweiss Finance<\/strong> NCD \u2013 Who can Apply?<\/h2>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ol style=\"text-align: justify;\">\n<li>Category I \u2013 Institutional Investors \u2013 20% of the issue is reserved<\/li>\n<li>Category II \u2013 Non-Institutional Investors, Corporates \u2013 20% of the issue is reserved<\/li>\n<li>Category III \u2013 HNIs \u2013 30% of the issue is reserved<\/li>\n<li>Category IV \u2013 Retail Individual Investors \u2013 30% of the issue is reserved<\/li>\n<\/ol>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\">However NRIs cannot apply for this NCD.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p><strong>Also Read:<\/strong>\u00a0<a href=\"https:\/\/www.apnaplan.com\/tax-free-incomes-investments\/\">25 Tax Free Incomes &amp; Investments in India<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\">Why you should invest in <strong>Edelweiss Finance<\/strong> NCD?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>AA- Credit rating means less likely hood of credit default<\/li>\n<li>The NCD is secured, which means the above debt is backed by assets of the company<\/li>\n<li>The interest rate has started to go down, so a good time to lock in high interest rate.<\/li>\n<li>The\u00a0<a href=\"https:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are 2% higher than your regular Bank FDs<\/a><\/li>\n<li>No TDS if invested in Demat Form<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should not invest in <strong>Edelweiss Finance <\/strong>NCD?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>There have been issues with some well rated companies like DHFL, IL&amp;FS where rating agencies suddenly downgrade the rating. This risk always existed but it has come to forefront in last few months<\/li>\n<li>There are NCDs available in secondary market which have higher yields with similar rating. The problem is low liquidity and hence is difficult to buy in large numbers.<\/li>\n<li>The present\u00a0<a href=\"https:\/\/www.apnaplan.com\/category\/fixed-income\/bonds\/tax-free-bond\/\">Tax Free Bonds<\/a>\u00a0are offering yields up to 6.5% in secondary market, which is better investment for People in highest tax bracket.<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">How to Apply for <strong>Edelweiss Finance<\/strong> NCD?<\/h2>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\">You can apply online by ASBA facility provided by banks. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p><strong>Learn:\u00a0<\/strong><a href=\"https:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\" data-tadv-p=\"keep\">In case you don\u2019t want to do it online, you can download the application form from company site or Financial Institutions and submit to collection centers.<\/p>\n<figure id=\"attachment_11776\" aria-describedby=\"caption-attachment-11776\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-11776\" src=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png\" alt=\"Edelweiss Finance and Investments Ltd NCD \u2013 Jan 2020\" width=\"1000\" height=\"540\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png 1000w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-300x162.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-768x415.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-11776\" class=\"wp-caption-text\"><strong>Edelweiss Finance and Investments Ltd NCD \u2013 Jan 2020<\/strong><\/figcaption><\/figure>\n<div id=\"attachment_11000\" class=\"wp-caption aligncenter\" style=\"text-align: justify;\"><\/div>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol>\n<li style=\"text-align: justify;\">My recommendation is to<strong>\u00a0invest some part of your Fixed Income investment in this NCD Issue<\/strong><\/li>\n<li style=\"text-align: justify;\">You should always\u00a0<strong>have diversified portfolio<\/strong>\u00a0be it fixed deposit, NCD or equity investment<\/li>\n<li style=\"text-align: justify;\">Its good idea to\u00a0<strong>remain invested till maturity<\/strong>\u00a0because liquidity on exchanges are low and hence you would get lower than market value<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Invest some part of your Fixed Income investment in Edelweiss Finance Limited NCD due to its attractive interest rate. Read the review to understand its 9 Investment Options<\/p>\n","protected":false},"author":1,"featured_media":11776,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[31,30,194],"tags":[3955,3957,3956,3940],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png",1000,540,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-300x162.png",300,162,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020-768x415.png",768,415,true],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png",1000,540,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png",1000,540,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png",1000,540,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2020\/01\/Edelweiss-Finance-and-Investments-Ltd-NCD-\u2013-Jan-2020.png",120,65,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Invest some part of your Fixed Income investment in Edelweiss Finance Limited NCD due to its attractive interest rate. Read the review to understand its 9 Investment Options","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/11773"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=11773"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/11773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/11776"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=11773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=11773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=11773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}