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Dashboard / Fixed Income Securities /NCDs

Edelweiss ZCB - Gem Series II NCD

Edelweiss ZCB - Gem Series II IRR ~10% for 36Months & ~9.75% for 24Months

  • ASSET CLASS

  • Corporate Debt (unlisted)
  • PRE-TAX IRR

  • 8 - 14.99%
  • TENURE

  • More Than 3 Years
  • Final Deal Amount

  • 10000
  • TOTAL ISSUE SIZE (cr)

  • 3 CR
  • INTEREST PAYOUT

  • 11 %

DESCRIPTION

The salient features are as under

  • IRR – ~9.75% for 24M
  • IRR -  ~10.00% for 36M
  • Tax – LTCG @ 12.5% post 12M of holding from investment date
  • Tenure – 24 Months & 36 Months

Growth of Rs.10 lakhs

  • 24M – INR 12,04,500
  • 36M – INR 13,31,000

Other Key Highlights

  • Principal is protected at maturity
  • Security – Senior and Secured
  • Nature of the product – Listed rated non-convertible debenture
  • Collateral backed - Secured by 1.33x cover on Redemption Amount initially against balance sheet assets and ultimately against specific assets
  • Independent Trustee - Independent Trustee to look after Investor interest
  • Issuer: ECap Equities Ltd. - 100% Subsidiary Of Edelweiss Financial Services Ltd
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