Comparison between Edelweiss Financial Services NCD December 2024 and ICL Fincorp Limited NCD January 2025.
Edelweiss Financial Services NCD December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while ICL Fincorp Limited NCD January 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | ICL 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated CRISIL A+/Watch Negative (placed on ‘Rating Watch with Negative Implications’) for an amount of Rs 10,000 million by CRISIL Ratings Limited. | 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 | Kfin Technologies 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 | Beacon 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. Edelweiss Financial Services NCD December 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. ICL Fincorp Limited NCD January 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 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 | CRISIL A+/Watch Negative by CRISIL Ratings Limited. | CRISIL BBB-/Stable by CRISIL. |
| Tenor | 24, 36, 60 and 120 Months | 13, 24, 36, 60 and 68 Months |
| Series | Series I to XII | Series I to X |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial Services NCD December 2024 and ICL Fincorp Limited NCD January 2025 is mentioned.
| Edelweiss Financial Services Ltd. | ICL Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 07, 2025 | Jan 08, 2025 |
| Bid/Offer Closes On | Jan 20, 2025 | Jan 21, 2025 |
In Edelweiss Financial Services NCD December 2024 QIBs portion includes and offered are offered to retail investors. In ICL Fincorp Limited NCD January 2025 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | ICL 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 |
