1.Company Information
Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011. After commencing the business as an investment banking firm, the Company, through its subsidiaries has now diversified its businesses to include credit including retail and corporate credit, asset
management, asset reconstruction, insurance including life and general insurance business, and wealth management businesses, which are conducted through its subsidiaries.
2. Objective of the Issue
(a)For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of existing borrowings of our Company.
(b)General corporate purposes.
3. Company Promoters
Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited are the company promoters.
3. Ratings
CRISIL AA-/Negative” (pronounced as CRISIL double A minus rating with Negative outlook) and “ACUITE AA-/ Negative”(pronounced as ACUITE double A Minus)
4. Strategies
Diversify our portfolio of products and expand the scale of our business
Focus on efficient allocation of capital
Continue to leverage our large customer base and diversified business platform
Continue to attract, train and retain talented employees