Comparison between ICL Fincorp Limited NCD January 2025 and Prachay Capital NCD February 2025.
ICL Fincorp Limited NCD January 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Prachay Capital NCD February 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Prachay Capital 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) | ||
| 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 BBB-/stable by CRISIL Ratings Limited. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Galactico Corporate Services Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Catalyst 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. Prachay Capital NCD February 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 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 BBB-/Stable by CRISIL. | BBB-/stable by CRISIL Ratings Limited. |
| Tenor | 13, 24, 36, 60 and 68 Months | 5 Years |
| Series | Series I to X | Not Applicale |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly |
Offering period of ICL Fincorp Limited NCD January 2025 and Prachay Capital NCD February 2025 is mentioned.
| ICL Fincorp Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 08, 2025 | Feb 28, 2025 |
| Bid/Offer Closes On | Jan 21, 2025 | Mar 13, 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 Prachay Capital NCD February 2025 QIBs portion includes 50,000 shares and 1,50,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 50,000 shares |
| Non Institutional | 5,000 shares | 1,00,000 shares |
| HNI | 1,50,000 shares | 2,00,000 shares |
| Retail | 3,20,000 shares | 1,50,000 shares |
| Others | ||
| Total | 5,00,000 shares | 5,00,000 shares |
