Comparison between ICL Fincorp Limited NCD April 2024 and Motilal Oswal Financial Services NCD April 2024.
ICL Fincorp Limited NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Motilal Oswal Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| ICL Fincorp Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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 | The NCDs proposed to be issued under this Issue have been rated ACUITE BBB- by Acuite Ratings and Research Limited, with such ratings considered to have a stable outlook. | The NCDs proposed to be issued have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | Nuvama Wealth Management Ltd. Motilal Oswal Investment Advisors Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. ICL Fincorp Limited NCD April 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹500.00 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 | ACUITE BBB- by Acuite Ratings and Research Limited | CRISIL AA/Stable by CRISIL Ratings Limited |
| Tenor | 13, 24, 36, 60 and 68 months | 24, 36, 60 and 120 months |
| Series | Series I to X | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of ICL Fincorp Limited NCD April 2024 and Motilal Oswal Financial Services NCD April 2024 is mentioned.
| ICL Fincorp Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 05, 2024 | Apr 23, 2024 |
| Bid/Offer Closes On | Apr 12, 2024 | May 03, 2024 |
In ICL Fincorp Limited NCD April 2024 QIBs portion includes 7,500 shares and 5,10,000 shares offered are offered to retail investors. In Motilal Oswal Financial Services NCD April 2024 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Institutional | 7,500 shares | 5,00,000 shares |
| Non Institutional | 7,500 shares | 0 shares |
| HNI | 2,25,000 shares | 20,00,000 shares |
| Retail | 5,10,000 shares | 20,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 50,00,000 shares |
