Edelweiss Financial Services Ltd on Monday announced that it had allotted 45,62,472 NCDs amounting to Rs 456.24 crore from the issue of secured non-convertible debentures. The financial services company received over 16,000 applications pan India.

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The company decided to do an early closure of the issue on 22 December 2021 against the scheduled closure on 27 December.

Edelweiss Financial Services on 6 December had launched the NCD issue with a face value of Rs 1,000 each, aimed to raise Rs 200 crore (base issue), with an option to retain oversubscription up to Rs 300 crore, aggregating to a total of Rs 500 crore.