Comparison between ICL Fincorp Limited NCD February 2026 and Nashik Municipal Corporation NCD Feb 2026.
ICL Fincorp Limited NCD February 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Nashik Municipal Corporation NCD Feb 2026 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) proposed to list at BSE, NSE.
| ICL Fincorp Ltd. | Nashik Municipal Corporation | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | Cameo Corporate Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | A.K.Capital Services 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 February 2026 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Nashik Municipal Corporation NCD Feb 2026 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Nashik Municipal Corporation | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹100.00 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 | Crisil Ratings Limited : BBB- | India Ratings & Research Private Limited : IND AA+/Stable Crisil Ratings Limited : CRISIL AA+ Stable |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of ICL Fincorp Limited NCD February 2026 and Nashik Municipal Corporation NCD Feb 2026 is mentioned.
| ICL Fincorp Ltd. | Nashik Municipal Corporation | |
|---|---|---|
| Bid/Offer Opens On | Feb 05, 2026 | Feb 25, 2026 |
| Bid/Offer Closes On | Feb 18, 2026 | Mar 02, 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 Nashik Municipal Corporation NCD Feb 2026 QIBs portion includes 6,00,000 shares and 1,50,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Nashik Municipal Corporation | |
|---|---|---|
| Institutional | 25,000 shares | 6,00,000 shares |
| Non Institutional | 5,000 shares | 2,50,000 shares |
| HNI | 1,50,000 shares | |
| Retail | 3,20,000 shares | 1,50,000 shares |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
