Comparison between ICL Fincorp Limited NCD January 2025 and Muthoot Fincorp NCD Tranche III December 2024.
ICL Fincorp Limited NCD January 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche III December 2024 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 | 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. | The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Stable by CRISIL Ratings Limited. |
| 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 January 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche III December 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 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 BBB-/Stable by CRISIL. | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 13, 24, 36, 60 and 68 Months | 24, 36, 60, 72, and 92 Months |
| Series | Series I to X | Series I to XIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of ICL Fincorp Limited NCD January 2025 and Muthoot Fincorp NCD Tranche III December 2024 is mentioned.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 08, 2025 | Dec 23, 2024 |
| Bid/Offer Closes On | Jan 21, 2025 | Jan 06, 2025 |
In ICL Fincorp Limited NCD January 2025 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche III December 2024 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 50,000 shares |
| Non Institutional | 5,000 shares | 1,00,000 shares |
| HNI | 1,50,000 shares | 3,50,000 shares |
| Retail | 3,20,000 shares | 5,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
