Comparison between Adani Enterprises NCD July 2025 and ICL Fincorp Limited NCD April 2025.
Adani Enterprises NCD July 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while ICL Fincorp Limited NCD April 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Adani Enterprises Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | CRISIL BBB-/Stable (pronounced as CRISIL triple B minus rating with Stable outlook) for an amount of Rs. 40,00,000 thousand by CRISIL vide rating letter dated July 08, 2024, for the NCDs proposed to be issued under this Issue. | |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Lead Managers | Tipsons Consultancy Services Pvt.Ltd. Trust Investment Advisors Pvt.Ltd. Nuvama Wealth Management Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Mitcon Credentia Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Adani Enterprises NCD July 2025 issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. ICL Fincorp Limited NCD April 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Adani Enterprises Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹500.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ||
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CARE Ratings Limited : AA- ICRA Limited : AA- | CRISIL BBB-/Stable by CRISIL. |
| Tenor | 13, 24, 36, 60 and 68 Months | |
| Series | Series I to X | |
| Payment Frequency | Monthly, Annual and Cumulative |
Offering period of Adani Enterprises NCD July 2025 and ICL Fincorp Limited NCD April 2025 is mentioned.
| Adani Enterprises Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 09, 2025 | Apr 25, 2025 |
| Bid/Offer Closes On | Jul 11, 2025 | May 09, 2025 |
In Adani Enterprises NCD July 2025 QIBs portion includes 5,00,000 shares and 15,00,000 shares offered are offered to retail investors. In ICL Fincorp Limited NCD April 2025 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors.
| Adani Enterprises Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Institutional | 5,00,000 shares | 25,000 shares |
| Non Institutional | 15,00,000 shares | |
| HNI | 15,00,000 shares | 1,50,000 shares |
| Retail | 15,00,000 shares | 3,20,000 shares |
| Others | ||
| Total | 50,00,000 shares | 5,00,000 shares |
