Issue Highlights:

Issue Opens	Friday, July 08, 2016	Minimum Application	Rs. 10,000 (10 NCDs) and in multiple of Rs. 1,000 (1 NCD) thereafter across all Series
Issue Closes	Wednesday, July 27, 2016	Issue Price	Rs. 1000/- per NCD
Registrar	Karvy Computershare Private Ltd.	Face Value	Rs. 1000 per NCD
Listing On	BSE & NSE	Debenture Trustee	IDBI Trusteeship Services Ltd.
Credit Ratings	"ICRA AA" by ICRA, "CARE AA" by CARE, "BWR AA+" by Brickwork
Lead Managers	Edelweiss Financial Services Ltd. & SBI Capital Markets Ltd.
Issue Size	Public Issue of Secured, Redeemable Non-Convertible Debentures aggregating upto Rs. 2500 million with an option to retain over-subscription upto Rs. 2500 million aggregating to a total of upto Rs. 5000 million.

Specific terms for each series of bonds:

Series	I	II	III	IV	V	VI	VII
Frequency of Interest Payment	Annual	NA	Annual	NA	Monthly	Annual	NA
Tenure	36 months	36 months	60 months	60 months	120 months	120 months	120 months
Coupon (%) for NCD Holders in Category I, II and III	9.50	NA	9.75	NA	9.57	10.00	NA
*Effective Yield for NCD holders in Category I, II and III	9.50	9.50	9.75	9.75	10.00	10.00	10.00

Business Overview:

Edelweiss Housing Finance Ltd is a non deposit taking Company focused majorly on offering secured loan products to suit the needs of the individuals and the corporates. They also offer small ticket unsecured loans to the customers mainly in rural areas. The tenure of these unsecured loans is usually upto two years. Their products include:

• Home Loans, which includes offering secured loans to salaried individuals, self-employed individuals and others for purchase/construction/renovation of residential properties, against mortgage of the same property, comprises 37% of their loan book, i.e 8,943.84 million, as on March 31, 2016.
• Loan Against property, which includes offering loans for business purposes or for the purchase of commercial property or for investment in asset, against mortgage of the same property, comprises 26% of their loan book, i.e 6,158.10 million, as on March 31, 2016.
• Construction Finance, which includes offering loans to reputed developers for construction of residential projects, against mortgage of the same property and/or other collateral, comprises 20% of their loan book, i.e. 4,876.02 million, as on March 31, 2016.
• Rural finance, which includes offering unsecured loans to customers (primarily in rural areas) for a tenure of upto 2 years, comprises 16% of their loan book, i.e 3,894.71 million, as on March 31, 2016.

Objects for issue:

The Company is in the business of housing finance, and as part of their business operations, they raise/avail funds for onward lending and for repayment of principal of existing loans and payment of interest. They proposes to utilise the funds which are being raised through the Issue, after deducting the Issue related expenses to the extent payable by them ("Net Proceeds"), estimated to be approximately Rs. 4,898.90 million, towards funding the following objects (collectively, referred to herein as the "Objects"):

a) For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company

b) General corporate purposes

Allotment is on First Come First Serve Basis

Click here to download the prospectus of this NCD Issue.

Category I includes Institutional Investors | Category II includes Non Institutional Investors | Category III includes Individuals