Important
Disclaimer
Disclaimer
This e‐mail message may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges that Nido Home Finance Ltd. [Edelweiss] or its subsidiaries and associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e‐mail transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Nido or its subsidiaries and associated companies, as applicable. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments please check them for viruses and defects.
This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Nido and affiliates/ group companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe, any such restrictions. This is a Private website owned by Edelweiss group of companies. Unauthorized scanning of vulnerabilities and exploitation of the same is strictly prohibited. If you have been found to do so, Nido may bring Civil and/or Criminal action and/or legal proceedings against you which shall be entirely at your costs and consequences.
Privacy Policy
Your privacy is important to Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited). This Policy provides information about the personal information that Nido collects and the ways in which Nido uses that personal information.
This Policy covers following sections:
- Personal information collection
- Using personal information
- Securing Your Data
- Exceptions
- Updating this Policy
- Links to Other Sites
- Contacting Us
Personal information collection
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) may collect and use the following kinds of personal information:
- 1. information about your use of this website.
- 2. information that you provide using for the purpose of registering with Nido website (“the Website”).
- 3. information about transactions carried out over this Website.
- 4. information that you provide for the purpose of subscribing to the Website services.
- 5. any other information that you send to Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited).
Using personal information
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) may use your personal information to:
- administer this Website;
- personalize the Website for you;
- enable your access to and use of the Website services;
- publish information about you on the Website;
- send to you products that you purchase;
- supply to you services that you purchase;
- send you statements and invoices;
- collect payments from you; and
- send you marketing communications
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) has taken all necessary and reasonable measures to protect the confidentiality of your information and its transmission through the worldwide web / internet. However, Nido Home Finance Limited or any of its associates/employees cannot be held liable for disclosure of the confidential information when in accordance with this Privacy Policy or in terms of any agreements. In the course of using this website or availing the services, Nido Home Finance Limited and its affiliates may become privy to the personal information of its customers, including information that is of a confidential nature.
Where Nido Home Finance Limited discloses your personal information to its agents or sub-contractors for these purposes, the agent or sub-contractor in question will be obligated to use that personal information in accordance with the terms of this Privacy Policy.Nido Home Finance Limited shall or its agents and/or sub-contractors may use your personal information to make calls to you for promotion of products/schemes etc of Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) from time to time. You hereby agree and understand that such promotional calls shall be made to you unless you specifically convey to Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) to not call you further for such promotions, schemes etc.
In addition to the disclosures reasonably necessary for the purposes identified elsewhere above, Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) may disclose your personal information to the extent that it is required to do so by law, in connection with any legal proceedings or prospective legal proceedings, and in order to establish, exercise or defend its legal rights.
Securing Your Data
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) will take reasonable technical and organizational precautions to prevent the loss, misuse or alteration of your personal information.
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) will store all the personal information you provide on its secure servers.
Information relating to electronic transactions entered into via this Website will be protected by encryption technology.
Exceptions
While Nido will not voluntarily disclose your information however we may do so if we are required by a Court Order, by Government Authorities, by Law Enforcement Authorities; Credit Information Companies or by other legal processes or by any other statutory body or where it becomes necessary to do so to protect the rights or property of Nido and/or its group companies/affiliates and also in order to establish, exercise or defend its legal rights.
Updating this Policy
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) may update this Privacy Policy by posting a new version on this Website. You should check this page occasionally to ensure you are familiar with any changes.
Links to Other Sites
This Website contains links to other websites. Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) is not responsible for the privacy policies or practices of any third party.
Contacting Us
If you have any questions about this privacy policy, please use the ‘Contact Us’ page. We welcome your questions and suggestions about our privacy policy.
If you have any questions about Nido’s treatment of your personal information, please write to: by email: assistance@nidohomefin.comGrievance Redressal
In case of any complaint or grievance the User may contact at: assistance@nidohomefin.com
NCD 2023
*For further details refer to section titled “Issue Related Information” on page 211 of the Prospectus dated August 25, 2023.
***Allotment in the public issue of debt securities should be made on the basis of date of upload of each application into the electronic book of the stock exchange. However, on the date of oversubscription and thereafter, the allotments should be made to the applicants on proportionate basis.
**The Issue shall remain open for subscription on Working Days from 10 a.m. to 5 p.m. (Indian Standard Time) during the period indicated in the Prospectus, except that the Issue may close on such earlier date or extended date as may be decided by the Board of Directors of the Company or the Operations Committee, subject to relevant approvals (subject to a minimum period of three working days and a maximum period of 10 working days from the date of opening of the Issue). In the event of an early closure or extension of the Issue, the Company shall ensure that notice of the same is provided to the prospective investors through an advertisement in an English daily national newspaper with wide circulation and a regional daily with wide circulation where the registered office of the Company is located (in all the newspapers in which pre-issue advertisement for opening of the Issue has been given on or before such earlier or initial date of Issue closure). On the Issue Closing Date, the Application Forms will be accepted only between 10 a.m. and 3 p.m. (Indian Standard Time) and uploaded until 5 p.m. or such extended time as may be permitted by the Stock Exchange. Further, pending mandate requests for bids placed on the last day of bidding will be validated by 5 p.m. (Indian Standard Time) on one Working Day post the Issue Closing Date. For further details please refer to the section titled“ Issue Related Information” on page 211 of the Prospectus.
Disclaimer
Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) (“Company”), subject to market conditions, and other considerations, is proposing a public issue of secured redeemable non-convertible debentures (“NCDs”) and has filed a prospectus dated August 25, 2023 (“Prospectus”) with the Registrar of Companies, Maharashtra at Mumbai (“RoC”), BSE Limited (“BSE”) and Securities and Exchange Board of India (“SEBI”). The Prospectus is available on the website of the Company at https://www.nidohomefin.com, on the website of BSE at www.bseindia.com, on the website of the lead managers at www.trustgroup.in, www.nuvama.com and www.tipsons.com and on the website of SEBI at www.sebi.gov.in. Investors proposing to participate in the Issue should invest only on the basis of the information contained in the Prospectus. Investors should note that investment in the NCDs involves a high degree of risk and for details in relation to the same, refer to the Prospectus, including the section titled “Risk Factors” and “Material Developments” beginning on page 16 and 146 respectively of the Prospectus.
Capitalised terms not defined herein shall have the same meaning as assigned to such terms in the Prospectus.
Disclaimer
Investors proposing to participate in the Issue should note that investment in the NCDs involves a high degree of risk and for details in relation to the same, refer to the Prospectus dated August 25, 2023, including the sections titled “Risk Factors” and “Material Developments” beginning on pages 16 and 146 respectively of the Prospectus. The Issuer and the Lead Managers accept no responsibility for statements made otherwise than in the Prospectus or in the advertisement or any other material issued by or at the instance of the Company and that anyone placing reliance on any other source of information would be doing so at their own risk.
Additional Incentive Note
All Category of Investors in the proposed Issue who are also holders of NCD(s)/Bond(s) previously issued by our Company, and/ or ECL Finance Limited, Edelweiss Financial Services Limited and Edelweiss Retail Finance Limited as the case may be, and/or are equity shareholder(s) of Edelweiss Financial Services Limited as the case may be, on the Deemed Date of Allotment and applying in Series I, Series III, Series IV, Series VI, Series VII, Series IX and/or Series X shall be eligible for additional incentive of 0.20% p.a. provided the NCDs issued under the proposed Issue are held by the investors on the relevant Record Date applicable for payment of respective coupons, in respect of Series I, Series III, Series IV, Series VI, Series VII, Series IX and/or Series X.
For all Category of Investors in the proposed Issue who are also holders of NCD(s)/Bond(s) previously issued by our Company, and/ or ECL Finance Limited, Edelweiss Financial Services Limited and Edelweiss Retail Finance Limited as the case may be, and/or are equity shareholder(s) of Edelweiss Financial Services Limited as the case may be, on the Deemed Date of Allotment applying in Series II, Series V and/or VIII, the maturity amount at redemption would be ₹ 1,191.70 per NCD, ₹ 1,324.10 per NCD and/or ₹ 1,633.50 per NCD respectively provided the NCDs issued under the proposed Issue are held by the investors on the relevant Record Date applicable for redemption in respect of Series II, Series V and/or Series VIII.
The additional incentive will be maximum of 0.20% p.a. for all Category of Investors in the proposed Issue, who are also holders of NCD(s)/Bond(s) previously issued by our Company, and/ or ECL Finance Limited, Edelweiss Financial Services Limited and Edelweiss Retail Finance Limited as the case may be, and/or are equity shareholder(s) of Edelweiss Financial Services Limited as the case may be, on the deemed date of allotment.
On any relevant Record Date, the Registrar and/or our Company shall determine the list of the Primary holder(s) of this Issue and identify such Investor/ NCD Holders, (based on their DP identification and /or PAN and/or entries in the Register of NCD Holders) and make the requisite payment of additional incentive.
The additional incentive will be given only on the NCDs allotted in this Issue i.e. to the Primary holder(s). In case if any NCD is bought/acquired from secondary market or from open market, additional incentive will not be paid on such bought/acquired NCD.
In case the Primary holder(s) sells/gifts/transfer any NCDs allotted in this Issue, additional incentive will not be paid on such sold/gifted/transferred NCD except in case where NCDs are transferred to the Joint holder/Nominee in case of death of the primary holder.
Disclaimer Clause of BSE
It is to be distinctly understood that the permission given by BSE should not in anyway be deemed or construed that the Prospectus has been cleared or approved by BSE nor does it certify the correctness or completeness of any of the contents of the Prospectus. The investors are advised to refer to the Prospectus for the full text of the disclaimer clause of the BSE.
Disclaimer Clause of Use of BSE Electronic Platforms
It is to be distinctly understood that the permission given by the BSE to use their network and software of the Online system should not in any way be deemed or construed as compliance with various statutory requirements approved by the Exchange; not does it in any manner warrant, certify or endorse the correctness or completeness of any of the compliance with the statutory and other requirements; nor does it take any responsibility for the financial or other soundness of this Company, its promoters, its management or any scheme or project of this Company.
Disclaimer Statement of Crisil
CRISIL Ratings Limited (CRISIL Ratings) has taken due care and caution in preparing the material based on the information provided by its client and / or obtained by CRISIL Ratings from sources which it considers reliable (Information). A rating by CRISIL Ratings reflects its current opinion on the likelihood of timely payment of the obligations under the rated instrument and does not constitute an audit of the rated entity by CRISIL Ratings. CRISIL Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by CRISIL Ratings is not a recommendation to buy, sell, or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. The Rating is not a recommendation to invest / disinvest in any entity covered in the Material and no part of the Material should be construed as an expert advice or investment advice or any form of investment banking within the meaning of any law or regulation. CRISIL Ratings especially states that it has no liability whatsoever to the subscribers / users / transmitters/ distributors of the Material. Without limiting the generality of the foregoing, nothing in the Material is to be construed as CRISIL Ratings providing or intending to provide any services in jurisdictions where CRISIL Ratings does not have the necessary permission and/or registration to carry out its business activities in this regard. Nido Housing Finance Limited (formerly known as Edelweiss Housing Finance Limited) will be responsible for ensuring compliances and consequences of non-compliances for use of the Material or part thereof outside India. Current rating status and CRISIL Ratings’ rating criteria are available without charge to the public on the website, www.crisil.com. For the latest rating information on any instrument of any company rated by CRISIL Ratings, please contact Customer Service Helpdesk at 1800-267-1301.
Disclaimer Statement of ICRA
ICRA Ratings should not be treated as recommendation to buy, sell or hold the rated debt instruments. ICRA Ratings are subject to a process of surveillance, which may lead to revision in ratings. An ICRA rating is a symbolic indicator of ICRA’s current opinion on the relative capability of the Issuer concerned to timely service debts and obligations, with reference to the instrument rated. Please visit our website www.icra.in or contact any ICRA office for the latest information on ICRA Ratings outstanding. All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable, including the rated Issuer. ICRA however has not conducted any audit of the rated issuer or of the information provided by it. While reasonable care has been taken to ensure that the information herein is true, such information is provided ‘as is’ without any warranty of any kind, and ICRA in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. Also, ICRA or any of its group companies may have provided services other than rating to the Issuer rated. all information contained herein must be construed solely as statements of opinion, and ICRA shall not be liable for any losses incurred by users from any use of this publication or its contents.
Disclaimer Clause of NHB
The NHB does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the Company and for repayment of deposits/ discharge of liability by the Company.
NCD 2023 Issue structure
