The company had posted a net profit of Rs 240 crore during the corresponding January-March quarter of 2017-18.
The NCDs offer an effective yield of 9.90 percent per annum for 24 months tenure, 10.20 percent per annum for 39 months tenure, up to 10.42 percent for 60 months tenure and 10.42 percent for 120 months tenure.
While maintaining buy rating with a price target at Rs 205, global brokerage house Citi said CDPQ deal is positive for capital adequacy but might not immediately help liquidity.
Credit Suisse slashed price target on Edelweiss to Rs 180 from Rs 345 earlier, implying 13.2 percent downside from January 25's levels.
With the appointment of new MD & CEO, focus will now shift to business as usual and will take away near-term overhang from the stock, suggest experts.
Jefferies maintained its buy call on Newgen Software Technologies post Q3 results but raised its 12-month target price to Rs 375 from Rs 335 earlier.
The top gainers from NSE included ITC, TCS, Reliance Industries, Titan Company and Asian Paints while the top losers included Bharti Infratel, Tata Motors, UPL, Sun Pharma and YES Bank.
Citi said Edelweiss Financial is confident of maintaining strong asset quality.
Current tumultuous period provides good opportunity to accumulate growth stock like Edelweiss Financial Services for long term
The sale could happen through a combination of primary capital infusion or a secondary stake sale or a combination of both, the report said.
Edelweiss' GWAM business comprises wealth and asset management, asset reconstruction and credit funds businesses and is valued at Rs 12,000-15,000 crore.
The sale could happen through a combination of primary capital infusion or a secondary stake sale or a combination of both
Tight liquidity conditions combined with specific credit issues (IL&FS) led to a big reset for NBFCs as well as housing finance companies (HFCs).
With diversified business segments and unique growth drivers, the company stands to benefit from increased penetration of financials services
Edelweiss Financial Services has reported a consolidated total income from operations of Rs 2,435.47 crore and a net profit of Rs 264.40 crore for the quarter ended Jun-2018
Consolidated profit grew by 17.3 percent year-on-year to Rs 263.3 crore in the first quarter ended June against Rs 224.4 crore in year-ago period.
The total revenue increased by 19 percent to Rs 2,481 crore compared to Rs 2,079 crore in the same period last year.
The NCDs will offer interest rate of 9.45 percent per annum for 36-month tenure; 9.65 percent for 60 months and 9.85 percent for 10 years.