Comparison between ICL Fincorp Limited NCD February 2026 and Muthoot Fincorp NCD Tranche 1 February 2026.
ICL Fincorp Limited NCD February 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche 1 February 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Logo | ![]() | ![]() |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP ![]() | |
| RHP (Base) | RHP ![]() | RHP ![]() |
| DRHP (Shelf) | DRHP (Shelf) ![]() | |
| RHP (Shelf) | RHP (Shelf) ![]() | |
| NCD Rating | ||
| Registrar | Cameo Corporate Services Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Vardhman Trusteeship Pvt.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 February 2026 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche 1 February 2026 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹2,737.04 Cr | |
| 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 | Crisil Ratings Limited : BBB- | Crisil Ratings Limited : AA- Brickwork Ratings India Private Limited : AA |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of ICL Fincorp Limited NCD February 2026 and Muthoot Fincorp NCD Tranche 1 February 2026 is mentioned.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 05, 2026 | Feb 03, 2026 |
| Bid/Offer Closes On | Feb 18, 2026 | Feb 10, 2026 |
In ICL Fincorp Limited NCD February 2026 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche 1 February 2026 QIBs portion includes and offered are offered to retail investors.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | |
| Non Institutional | 5,000 shares | |
| HNI | 1,50,000 shares | |
| Retail | 3,20,000 shares | |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |