Edelweiss Financial Services (EFSL) has raised Rs 415 crore by issuing secured redeemable non-convertible debentures (NCDs) to fund business growth. The issue has seen interest from investors across series and tenures offering annual, monthly, and cumulative interest options with the effective annual yield ranging from 8.84 per cent to 10.09 per cent.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.
