PR
RODUCT NOTE – N
NCD

Notee: Edelweiss Securitties Ltd. is a Lead Brroker to the issue; a
accordingly, this note is prepared baseed on the tranche I pprospectus and for informative purposse only. 

Ede
elweiss Finance
e & Inve
estmentts Limitted
Public
c Issue of Secured Redee mable Non-C
Convertible Debentures

Is
ssue Highlig
ghts
R
Registrar: Link Intime India
a Private Limited
Isssue opens: Thursd
day, January 23,
2 2020
IIssue: Public issue by the Company of se ecured redeemable e
Isssue closes: y, January 31, 2020
Friday non-convertible debentures of face e value of ₹1,000
each for an amo ount of ₹1,250 milliion (“Base Issue
Alllotment: First Come
C First Serrve Basis Size”) with an ooption to retain overrsubscription up to
₹1,250 million aaggregating up to ₹₹2,500 million
Fa
ace Value: Rs. 1000 per NCD (“Limit”) (“Issue””).
up:
IIssue Break u
Isssue Price: Rs.100
00 per NCD Amoun
nt in Crs.
Category Allocation
Nature of Instrum
ment: Secure
ed Redeemable
e NCDs Base Issue Total Issue

M
Minimum Application: Rs.10,000 (10 NCD) QIB 20% 25 50
Corporate 20% 25 50
Listing: BSE HNI 30% 37.5 75
Rating: ‘‘CRISIL AA-/stable’’ and “CARE AA-
A Retail 30% 37.5 75
Stable” Total 100% 125 250
 
* Peersons resident ou
 
utside India and otther foreign entitiies are not allowe
ed 

Series   I  II  III  IV V  VI  VII  VIII  IX 

Freqquency 
An
nnual Cumu
ulative Annual Cumula
ative Month
hly Annua
al Cumulativve Monthly Annual
of  Interest 
Paym ment  

Tenor   18 months
m 18 months
m 36 mo
onths 36 mon
nths 60 mon
nths 60 mont hs 60 month
hs 120 month
hs 120 months

Coupon  9.70% NA
N 10.0
00% NA
A 9.80%
% 10.25%
% NA 9.80% 10.25%
Ratee  

Effeective  9.75% 9.7

75% 9.99
9% 10.00
0% 10.24%
% 10.24%
% 10.25% 10.25% 10.24%
Yieldd  
 

** The Company shall allocate

a and allot Se
eries III NCDs wherrein the Applicants have not indicated the choice of the re
elevant NCD Series.
All C
Category of Inve estors in the prooposed Issue who are also holde ers of NCD(s)/Bo ond(s) previousl y issued by our Company, and//or our Promoter r,
Edellweiss Financial Services Limite ed (“EFSL”) and d/ or our group p company, ECL L Finance Limite ed as the case e may be, and d/or are equity
sharreholder(s) of our
o Promoter, Ed delweiss Financial Services Limite
ed (“EFSL”) as th
he case may be, on the Deemed Date of Allotmen nt and applying in
Series I, Series III, Series V, Seriess VI, Series VIIII and/or Series IX NCDs shall be eligible for addiitional incentive of 0.20% p.a. provided the NCDDs
issued under the pro oposed Issue are e held by the investors on the relevant
r Record Date applicable for payment of respective coupo ons, in respect of
o
Series I, Series III, Series
S V, Series VI,
V Series VIII and/or Series IX NCDs.
N

For all Category of Investors in the proposed

p Issue who
w are also hold
ders of NCD(s)/B
Bond(s) previoussly issued by ourr Company, and//or our Promoter r,
Edellweiss Financial Services Limite ed (“EFSL”) and d/ or our group p company, ECL L Finance Limiteed as the case e may be, and d/or are equity
sharreholder(s) of our Promoter, Edelweiss
E Financial Services Limited (“EFSL”) as the case may b be, on the Deem med Date of Allottment applying in
Series II, Series IV and/or
a Series VIII, the maturity amount at redemption along with the additional yield would be ₹ 1 1,152.70/- per N
NCD, ₹ 1,338.50//-
per NCD and ₹ 1,644.50/- per NCD respectively prov vided the NCDs issued
i under the
e proposed Issue
e are held by thee investors on thee relevant Record
Datee applicable for redemption
r in res
spect of Series III, Series IV and/or Series VII.

The additional incentive will be maximum of 0.20% p.a. for all Category of Investorrs in the propose
ed Issue, who arre also holders of NCD(s)/Bond(s s)
viously issued by
prev y our Company, and/or our Proomoter, Edelweis ss Financial Serv
vices Limited (“E
EFSL”) and/ or o our group compa any, ECL Finance
Limiited as the case may be, and/or are equity shareholder(s) of our Promoter, E Edelweiss Financcial Services Limiited (“EFSL”) as the case may be
e,
on the deemed date of allotment.

On aany relevant Record Date, the Registrar

R and/orr our Company shall
s determine the list of the PPrimary holder(s and identify such
s) of this Issue a
Inveestor/ NCD Holde ers, (based on th
heir DP identifica
ation and /or PAN
N and/or entries in the Register of NCD Holders) and make the rrequisite paymennt
of ad
dditional incentiv
ve.

The additional incentive will be given

n only on the NC his Issue i.e. to t he Primary holde
CDs allotted in th er(s). In case if any NCD is boug
ght/acquired from
m
ondary market orr from open market, additional in
seco ncentive will not be paid on such bought/acquired d NCD.

 
  

PR
RODUCT NOTE – N
NCD

Iss
suer Overv
view
EFILL’s is engaged in the buusiness of granting loanns against se
ecurities, m
margin trade financing a
and IPO
financing. It inttends to gro
ow into a lea
ading NBFC of the Edelw weiss groupp’s advisory business. T
The
Edelweiss group’s advisory y business presently
p inc
cludes wealtth managem ment, asset management, asset
reco
onstruction and capital markets.

EFILL’s product portfolio currrently comprises of graanting loanss against seecurities, maargin trade ffinancing
and IPO financiing. We prov vide loans to
t customers s against th
he pledge off certain speecified securrities held
by ssuch custom mers. The prroduct is offered to custtomers who o require liquuidity against their inve
estments in
certtain specific marketablee securities including eq
quity sharess, units of m
mutual funds s, bonds, de ebentures
and structured products. The
T tenure of
o such loans may be up p to 30 mon nths.

EFIL
L is a part of
o the Edelweiss group which
w is one
e of India’s p
prominent d diversified fiinancial serv
vices
orga
anization haaving busine
esses organized aroundd three broa d lines – cre
edit includin
ng retail finaance;
advisory busineesses including wealth managemen
m nt, asset ma anagement, capital markets and as sset
reco
onstruction, and insurance businesss.

The product/ se
ervices portfolio of the Edelweiss group
g caterss to the dive
erse investmment and strrategic
requ
uirements of
o corporate,, institutionaal, high net worth indiv
viduals and retail clients
s.

Edelweiss group has a pann India prese ence with a global footp ding across geographies
print extend s with
offic
ces in New York,
Y Maurittius, Dubai, Singapore, Hong Kong g and UK.

.CO
OMMON TERMS FOR ALL
A SERIES
S OF THE NCDs
N
Issu
uer  Edelw
weiss Finance &
& Investments Limited
Basse Issue  ₹1,250
0 million 
Opttion to retain 
Oveersubscriptionn  0 million 
₹1,250
Am
mount 
Tranche I Issue Siize  Rs 250
00 million 

Typ
pe of Instrume
ent  Secure
ed NCDs of facce value of Rs. 1,000 
Mo
ode of Issue  Publicc Issue 
Min nimum Applica
ation 
Rs. 10
0,000/‐ only 
Sizee  
The NCDs proposed to be issued u under this Issuee have been raated “CRISIL AA A‐/stable ” (pro onounced as 
CRISILL double A min nus with stable outlook) for aan amount of ₹₹5,000 million,, by CRISIL videe their letter 
dated  December  13 3,  2019  and  reevalidated  as  “CRISIL  AA‐/Sttable”  (pronou unced  as  CRISSIL  double  A 
minuss  rating  with  stable  outlook))  by  their  revaalidation  letterr  dated  Januarry  6,  2020  and d  “CARE  AA‐
;Stablee”  for  an  amo
ount  of  ₹5,0000  million,  by  CCARE  vide  their  letter  dated d  December  17,  2019  and 
revalid
dated as “CARE AA‐ ;Stable”  (pronounced  as double A m minus rating with stable outlo ook) by their 
Creedit Rating / Ra
ating  revalid
dation  letter  dated 
d January  15,  2020.  Th e  rating  of  CR RISIL  AA‐/Stable”  by  CRISIL  Limited  and 
of tthe Instrumentt  “CAREE  AA‐;  Stable””by  CARE  Ratings  Limited  indicate  that  instrumentss  with  these  ratings  are 
considdered  to  have  a  high  degree e  of  safety  reggarding  timelyy  servicing  of  ffinancial  obligations.  Such 
instruments carry ve ery low credit risk. For the raationale for theese ratings, seee Annexure A and B to the 
Prospe ectus.  These  ratings  are  noot  recommenddations  to  buyy,  sell  or  hold d  securities  an nd  investors 
shouldd take their ow wn decision. 
These  rating  are  subject  to  revisio
on  or  withdra wal  at  any  timme  by  the  assigning  rating  aagencies  and 
shouldd be evaluated d independently of any otherr ratings 
Putt/Call Option  N.A. 
Mo
ode of Allotment  Compulsorily in dem
materialised forrm. 
  

PR
RODUCT NOTE – N
NCD

and
d Trading 
The  date  on  which  the  Board  of  Directors/  Deebentures  Com mmittee  approoves  the  Allotmment  of  the 
Deeemed Date of  NCDs  or  such  date  as  may  be  deetermined  by  the  Board  of  Directors/  Deebentures  Com mmittee  and 
ed  to  the  Designated  Stock  Exchange.  Thee  actual  Allotm
notifie ment  of  NCDs  may  take  placce  on  a  date 
Allo
otment 
other than the Deem med Date of Allotment. All beenefits relatingg to the NCDs including interrest on NCDs 
be available to the Debenture
shall b e holders from
m the Deemed Date of Allotm ment 
Issu
ue Opening Da
ate  Thursd
day, January 23, 2020 
Issu
ue Closing Date  Fridayy, January 31, 2
2020 
The re
ecord date for payment of intterest in conneection with thee NCDs or repaayment of principal in 
conneection therewitth shall be 15 (fifteen) days pprior to the datte on which intterest is due an
nd payable, 
and/oor the date of redemption or such other datte as may be d determined by the Board of D Directors or 
the Deebentures Com mmittee from ttime to time in  accordance w with the applicaable law. Provided that 
Reccord Date 
trading in the NCDs shall remain suuspended betw ween the aforeementioned Reecord Date in cconnection 
with redemption of NCDs and the date of redem mption or as preescribed by thee Stock Exchan nge, as the 
case m
may beIn case Record Date faalls on a day w hen Stock Exch hanges are havving a trading hholiday, the 
immediate subseque ent trading dayy will be deem
med as the Reco ord Date. 
** Thhe Issue shall remain op pen for subscription on Working Days from 10 0:00 a.m. to 5:00 p.m. (Indian Standard Time e),during the period ind
dicated above, except thhat the Issue may closee on such earlier date or
o
extended date (subject to a period of maximum 30 days) as may be decid ded by the Board of Dirrectors of our Company y (“Board”) or the Debe entures Committee. In tthe event of such an eaarly closure of or
exten sion subscription list off the Issue, our Company shall ensure that no otice of such early closu
ure or extension is given
n to the prospective invvestors through an advvertisement in a reputed national
daily newspaper with wide circulation on or before such earlier date or exttended date of closure. Applications Forms forr the Issue will be acce epted only from 10:00 a a.m. to 5:00 p.m. (Indiian Standard Time) or
such eextended time as may be permitted by BSE, on o Working Days during g the Issue Period. On the
t Issue Closing Date,, Application Forms willl be accepted only betw
ween 10:00 a.m. to 3:000 p.m. and uploaded
until 5
5:00 p.m. (Indian Standard Time) or such exttended time as may be permitted by BSE.
***Inn compliance with the proviso
p to Regulation 21
1A (1) of the Securities and Exchange Board of o India (Merchant Bank kers) Regulations, 1992 2, as amended (“Merch hant Bankers Regulationns”), Edelweiss Financia
al
Servicces Limited (“EFSL”) will be involved only in marketing
m of the Issue.

SP
PECIFIC TER
RMS FOR EACH
E SERIE
ES OF NCDs
s

Series I III III**

* IV V VI VII VIII IX
Freq
quency of
Inte
erest Annual Cumula
ative Annual Cumulative
e Monthly Annual Cumulative Monthly Annual
Paymment
Minimum
₹ 10,000/- (10 NCDss) across all Serie
es
Application

Facee Value/
Issu
ue Price
₹1,00 0/-
of NCDs (₹/
NCDD)

In M
Multiples
of th
hereafter ₹ 1,000/- ((1 NCD)
(₹)

Teno
or 18 36 120
18 mo
onths 36 month
hs 60 month
hs 60 month s 60 months
s 120 months
s
onths
mo hs
month months

Coupon (%
per annum)
for N
NCD 70%
9.7 NA
A 10.00%
% NA 9.80% 10.25% NA 9.80% 10.25%
Holdders in All
Cateegory

Effec
ctive
Yield
d (per
annuum) for
75%
9.7 9.75
5% 9.99%
% 10.00%
% 10.24%
% 10.24% 10.25% 10.25% 10.24%
NCDD Holders
in All
Cateegory

Modde of
Inte
erest Thrrough various m
mode available
e 
Pay
yment 

Amo ount (₹
₹1,000/ ₹1,149
9.61/ ₹1,000/ ₹1,331.3
35/ 7/
₹1,629.77
/ NC
CD) on ₹1,000//- ₹1,000/-- ₹1,000/- ₹1,000/-
- - - - -
Matturity
for NCD
  

PR
RODUCT NOTE – N
NCD

Holdders
in A
All
Cateegory
Matturity /
Reddemptio
n Date
(Yeaars 18
1 36 60 montth 120 monn 120 month
h
from
m the 18 mo
onths 36 month
hs 60 month
hs hs
60 month
mo
onths month
hs s ths s
Deeemed
Datte of
otment)
Allo

Put and
NA
N A
NA NA NA NA NA NA NA NA
Calll Option

** The Company shall allocate

a and allot Seeries III NCDs wherrein the Applicants have not indicated the choice of the re elevant NCD Series.
All Category of Investorrs in the proposed Issue who are also holders
h of NCD(s)/B Bond(s) previously issued by our Com pany, and/or our Promoter, Edelweiss s Financial Services
Limitted (“EFSL”) and/ oro our group company, ECL Finance Lim mited as the case may
m be, and/or are e equity shareholder((s) of our Promoterr, Edelweiss Financia al Services Limited
(“EFSSL”) as the case ma ay be, on the Deem med Date of Allotment and applying in Series I, Series III,, Series V, Series V I, Series VIII and/o or Series IX NCDs shall be eligible for
addittional incentive of 0.20%
0 p.a. provided d the NCDs issued under
u the proposed d Issue are held by the investors on th e relevant Record D Date applicable for payment of
respeective coupons, in respect
r V Series VI, Series VIII and/or Series IX NCDs.
of Series I, Series III, Series V,
For aall Category of Investors in the proposed Issue who are also holders of NCD((s)/Bond(s) previou usly issued by our CCompany, and/or ou ur Promoter, Edelweiss Financial
Services Limited (“EFSL L”) and/ or our grou up company, ECL Finance Limited as th he case may be, an d/or are equity sha areholder(s) of our Promoter,
Edellweiss Financial Serrvices Limited (“EFS SL”) as the case ma ay be, on the Deemed Date of Allotmen nt applying in Serie
es II, Series IV and//or Series VII, the maturity amount att
redemption along with the t additional yield would be ₹ 1,152.7 70/- per NCD, ₹ 1,3 338.50/- per NCD a and ₹ 1,644.50/- pe er NCD respectivelyy provided the NCDs s issued under the
proposed Issue are held d by the investors ono the relevant Reco ord Date applicable for redemption in respect of Series III, Series IV and/or S Series VII.
The aadditional incentivee will be maximum of o 0.20% p.a. for all Category of Inves stors in the propose ed Issue, who are a also holders of NCD(s)/Bond(s) previou usly issued by our
Company, and/or our Promoter, Edelweiss Financial Services Limited (“EFSL”) an nd/ or our group co ompany, ECL Financce Limited as the ca ase may be, and/orr are equity
shareeholder(s) of our Prromoter, Edelweiss Financial Services Limited (“EFSL”) as s the case may be, on the deemed datte of allotment.
On any relevant Record Date, the Registrar and/or our Compa any shall determine e the list of the Prim
mary holder(s) of thhis Issue and identiffy such Investor/ NCD Holders, (based d
on thheir DP identification and /or PAN and//or entries in the Re egister of NCD Holders) and make the requisite payment of additional incenttive.
The aadditional incentivee will be given only on the NCDs allotte ed in this Issue i.e. to the Primary hold der(s). In case if an
ny NCD is bought/ac cquired from secondary market or
from open market, additional incentive will not be paid on suc ch bought/acquired NCD.
In caase the Primary hold der(s) sells/gifts/tra
ansfer any NCDs allotted in this Issue,, additional incentiv ve will not be paid o
on such sold/gifted//transferred NCD ex xcept in case wheree
NCDs o the Joint holder/Nominee in case of death
s are transferred to d of the primaryy holder.

WHO
O CAN APPL
LY
Categ
gory I Category II Category III Category IV
Cattegories
Co
orporate Portio
on HNI Retail
QIB Portion
P
Alllocation [[30]% of Overaall [30]%
% of Overall
[20]% of Overrall Issue Size
e [20]% of
o Overall Issu
ue Size
Ratio Issue Size Iss
sue Size
  • P
Public financial institutions  • Compan nies within the m
meaning  Highh Net‐worth  Retail In
ndividual 
scheduled comm mercial banks,  of sectio on 2(20) of the  indivviduals which  Investors which 
Indian multilate
eral and bilateral  Compan nies Act, 2013; incluude Resident Ind dian  include Resident 
development fin nancial institutio
on  • Statutorry bodies/ corpoorations  indivviduals or  Indian individuals and
which are autho orized to invest iin  and soccieties registeredd under  Hinddu Undivided  Hindu U Undivided 
the NCDs;  the app plicable laws in Inndia and  Fammilies through the  Familiess through the 
• P
Provident funds,, pension funds  authorised to invest in  the  Kartta applying for an  Karta appplying for an 
with a minimum m corpus of ₹ 250  NCDs; amoount  amountt aggregating 
million, superannnuation funds aand  • Co‐operrative banks andd  aggrregating to abovve ₹  up to annd including ₹ 
gratuity funds, w
which are  regionaal rural banks;  10 laacs across all serries  1 million across all 
authorized to in
nvest in the NCD Ds;  • Public/p private charitablle/  of N
NCDs in Issue  series o
of NCDs in Issue 
• M
Mutual Funds re egistered with SEEBI;  religious trusts which a re 
• V
Venture Capital Funds/ Alternative  authorised to invest in  the 
Investment Fun nd registered witth  NCDs;
SEBI, subject to investment  • Scientifiic and/or industtrial 
conditions applicable to them  research organisations,, which 
under Securitiess and Exchange  are auth horised to invesst in the 
Board of India (Alternative  NCDs;
Investment Fun nds) Regulations,,  • Partnership firms in thee name 
2012;  of the ppartners; 
• Insurance Companies registered d  • Limited liability partnerrships 
with IRDA;  formed and registered  under 
• SState industrial d
development  the provisions of the Lim mited 
corporations;  Liabilityy Partnership Actt, 2008 
• Insurance funds set up and  (No. 6 o of 2009); 
managed by the e army, navy, or air  • Associattion of Persons;  and 
force of the Uniion of India;  • Any oth her incorporatedd and/ or 
• Insurance funds set up and  unincorrporated body oof 
  

PR
RODUCT NOTE – N
NCD

managed by the e Department off  personss 

Posts, the Unionn of India; 
• SSystemically Impportant Non‐
Banking Financial Company, a 
nonbanking finaancial company 
registered with the Reserve Ban nk 
of India and havving a net worth of 
more than ₹5,000 million as per 
the last audited
d financial 
statements; and d 
• N
National Investm ment Fund set up p 
by resolution noo. F. No. 2/3/200
05‐
DDII dated Nove ember 23, 2005 of 
the Governmen nt of India 
published in the
e Gazette of Indiia 

Application forms will be

e available o
on www.edellweisspartne
ers.com

Edellweiss – Finan
ncial Products
s Distribution Branch Locattion for submiission of appllication Forms
s

We
est Mumbai
M – Fort, Borivali, Santacruz, Ghatkop
par and Pune
Gujjarat Ahmedabad
A & Surat
Norrth Delhi
D (CP) & Ja
aipur
Sou
uth Hyderabad
H & Bangalore
B
Eas
st Kolkata
K

Get in touch with us:

 e
edelweissparttners@edelweissfin.com 02
22 - 68264922
2 www
w.edelweisspa
artners.com

Disclaimer:

This ddocument has been prepared by Edelweiss Broking Limited (Edelweiss). Edelweisss and its holding com mpany and associatee companies are a fu ull service, integratedd investment banking g, 

portffolio management an nd brokerage group. Our research analystts and sales persons provide important innput into our investm ment banking activities. This document d does not constitute a an 
offer  or solicitation for th
he purchase or sale o of any financial instru ument or as an officiaal confirmation of anny transaction. The innformation containeed herein is from pub blicly available data oor 
otherr sources believed to o be reliable, but we do not represent thaat it is accurate or co omplete and it shoul d not be relied on ass such. Edelweiss or any of its affiliates sh hall not be in any wa ay 
respoonsible for any loss o or damage that may arise to any person from any inadverten nt error in the inform mation contained in tthis document.  This  document is provided for assistance only 
and is not intended to be e and must not alone e be taken as the bassis for an investmentt decision. The user aassumes the entire rrisk of any use made of this information. Each recipient of this 
document should make ssuch investigation ass it deems necessaryy to arrive at an  ind dependent evaluatioon of an investmentt in the securities off companies referred d to in this documen nt 
uding the merits and risks involved), and should consult his o
(inclu own advisors to determine the merits an d risks of such inves tment. The investmeent discussed or view ws expressed may no ot 
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and  ddetail.  Kindly  read  the 
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involvves  a  high  degree  of 
o risk  and  for  detaills  relating  to  the  same,  see  section  title
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diction. 
 
  

PR
RODUCT NOTE – N
NCD

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