{"id":8942,"date":"2018-03-03T09:42:50","date_gmt":"2018-03-03T04:12:50","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=8942"},"modified":"2018-03-03T09:43:19","modified_gmt":"2018-03-03T04:13:19","slug":"edelweiss-retail-finance-ncd-march-2018","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/edelweiss-retail-finance-ncd-march-2018\/","title":{"rendered":"9.25% Edelweiss Retail Finance NCD \u2013 March 2018 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_8944\" aria-describedby=\"caption-attachment-8944\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-8944\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-300x163.png\" alt=\"Edelweiss Retail Finance NCD \u2013 March 2018\" width=\"300\" height=\"163\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-300x163.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-768x417.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png 993w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-8944\" class=\"wp-caption-text\">Edelweiss Retail Finance NCD \u2013 March 2018<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>Edelweiss Retail Finance<\/strong>\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.25% interest rate. The issue opens on March 7 and closes on March 22, 2018.<\/p>\n<p style=\"text-align: justify;\"><strong>Edelweiss Retail Finance Ltd is a non-banking finance company,<\/strong> offering wide range of Housing Finance and other retail credit products like Housing loan, Loan against property, Construction finance, lease rental discounting, SME Finance, Equipment finance among others. They are also present in rural India providing micro finance as part of their financial inclusion agenda.<\/p>\n<h2 style=\"text-align: justify;\">Edelweiss Retail Finance NCD \u2013 Significant Points:<\/h2>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0March 7 to 22, 2018<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates for Retail Investors:<\/strong>\u00a08.42% to 9.25% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>Price of each bond:<\/strong> Rs 1,000<\/li>\n<li style=\"text-align: justify;\"><strong>Minimum Investment:<\/strong> 10 Bonds (Rs 10,000)<\/li>\n<li style=\"text-align: justify;\"><strong>Max Investment Limit<\/strong> for Retail Investor: Rs 10 Lakhs<\/li>\n<li style=\"text-align: justify;\"><strong>Credit Rating:<\/strong>\u00a0AA \/ Stable by CRISIL &amp;\u00a0AA (Outlook Stable) by ICRA<\/li>\n<li style=\"text-align: justify;\"><strong>NCD Size:<\/strong> Rs 500 crore with option to retain oversubscription of Rs 250 crore<\/li>\n<li><strong>NRIs are NOT eligible<\/strong> to apply to this NCD issue.<\/li>\n<li style=\"text-align: justify;\"><strong>Allotment:<\/strong> First Come First Serve<\/li>\n<li style=\"text-align: justify;\"><strong>Listing:<\/strong> Bonds would be listed on BSE and NSE and will entail capital gains tax on exit through secondary market<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Also Read<\/strong> \u2013 <a href=\"http:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\">Edelweiss Retail Finance NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 6 options of investment in Edelweiss Retail Finance NCD.<\/p>\n<figure id=\"attachment_8943\" aria-describedby=\"caption-attachment-8943\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-8943\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-Investment-Options-March-2018-1024x241.png\" alt=\"Edelweiss Retail Finance NCD - Investment Options - March 2018\" width=\"757\" height=\"178\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-Investment-Options-March-2018-1024x241.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-Investment-Options-March-2018-300x71.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-Investment-Options-March-2018-768x181.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-Investment-Options-March-2018.png 1107w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-8943\" class=\"wp-caption-text\"><strong>Edelweiss Retail Finance NCD &#8211; Investment Options &#8211; March 2018<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated their\u00a0choice of the relevant NCD Series.<\/p>\n<p style=\"text-align: justify;\">The bonds can be purchased both in Demat and Physical Form.<\/p>\n<h2 style=\"text-align: justify;\">Edelweiss Retail Finance NCD &#8211; Who can Apply?<\/h2>\n<p style=\"text-align: justify;\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">Category I \u2013 Institutional Investors \u2013 30% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category II \u2013 Non-Institutional Investors, Corporates \u2013 20% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category III \u2013 Retail Individual Investors including HUFs \u2013 50% of the issue is reserved<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">However NRIs cannot apply for this NCD.<\/p>\n<h2 style=\"text-align: justify;\">Why you should invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">The credit rating is AA which is good for investment purpose<\/li>\n<li style=\"text-align: justify;\">The NCD is secured, which means the above debt is backed by assets of the company<\/li>\n<li style=\"text-align: justify;\">The <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are 2%-3% higher than your regular Bank FDs<\/a><\/li>\n<li style=\"text-align: justify;\">No TDS if invested in Demat Form<\/li>\n<\/ol>\n<blockquote><p>Also Read:\u00a0<a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>The banks have started increasing interest rates on fixed deposits and hence it may not be good idea to invest for long term (<em>DO not go for 10 year tenure &#8211; you might get better opportunities going forward<\/em>).<\/li>\n<li style=\"text-align: justify;\">You can also invest in\u00a0<a href=\"http:\/\/www.apnaplan.com\/company-fixed-deposit\/\">high rated company fixed deposits<\/a><\/li>\n<li>For people in highest tax bracket Tax free bonds are trading at yields of 6.1% to 6.3% &#8211; which would turn out to be better and more secure investment<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">If you have Demat account apply through that or 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>\n<p style=\"text-align: justify;\"><strong>Learn:\u00a0<\/strong><a href=\"http:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">In case you don&#8217;t want to do it online, you can <a href=\"http:\/\/180.179.141.99\/FormPrinting\/FrmPrinting.aspx?IsBond=1&amp;IsVisible=0\" target=\"_blank\" rel=\"noopener\">download the application form<\/a> from Financial Institutions and submit to collection centers.<\/p>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">My recommendation is to<strong> invest some part of your Fixed Income investment in this NCD Issue\u00a0 (3 or 5 year tenure bonds only)<\/strong><\/li>\n<li style=\"text-align: justify;\">You should always have <strong>diversified portfolio<\/strong> be it fixed deposit, NCD or equity investment<\/li>\n<li style=\"text-align: justify;\">Its <strong>good idea to remain invested till maturity<\/strong> because liquidity on exchanges is low and hence you would get lower than market value<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>If you plan to invest in this issue, do it early as most NCD issues are over-subscribed within few days of opening.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edelweiss Retail Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.25% interest rate. The issue opens on March 7 and closes on March 22, 2018. Edelweiss Retail Finance Ltd is a non-banking finance company, offering wide range of Housing Finance and other retail credit products like Housing loan, Loan against [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8944,"comment_status":"open","ping_status":"open","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":[3652,3653,3654],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png",993,539,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-300x163.png",300,163,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018-768x417.png",768,417,true],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png",993,539,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png",993,539,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png",993,539,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/03\/Edelweiss-Retail-Finance-NCD-\u2013-March-2018.png",120,65,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Edelweiss Retail Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.25% interest rate. The issue opens on March 7 and closes on March 22, 2018. Edelweiss Retail Finance Ltd is a non-banking finance company, offering wide range of Housing Finance and other retail credit products like Housing loan, Loan against&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/8942"}],"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=8942"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/8942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/8944"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=8942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=8942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=8942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}