Comparison between ICL Fincorp Limited NCD January 2025 and Nido Home Finance NCD March 2025.
ICL Fincorp Limited NCD January 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Nido Home Finance NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Nido Home Finance 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 | 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 A+/Watch Negative" (Placed on Rating Watch with Negative Implications) for an amount of Rs 5,000 million by CRISIL Ratings Limited. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. Tipsons Consultancy Services 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 January 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD March 2025 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹75.00 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 BBB-/Stable by CRISIL. | CRISIL A+/Watch Negative 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 X |
| Payment Frequency | Monthly, Annual and Cumulative | 24, 36, 60 and 120 Months |
Offering period of ICL Fincorp Limited NCD January 2025 and Nido Home Finance NCD March 2025 is mentioned.
| ICL Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 08, 2025 | Mar 13, 2025 |
| Bid/Offer Closes On | Jan 21, 2025 | Mar 27, 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 Nido Home Finance NCD March 2025 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 75,000 shares |
| Non Institutional | 5,000 shares | 75,000 shares |
| HNI | 1,50,000 shares | 3,00,000 shares |
| Retail | 3,20,000 shares | 3,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 7,50,000 shares |
