Comparison between ICL Fincorp Limited NCD January 2025 and Sakthi 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 Sakthi Finance NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Sakthi 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 by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA). |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Bonanza Portfolio 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. Sakthi Finance NCD March 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Sakthi Finance 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. | [ICRA] BBB (Stable) by ICRA Limited. |
| Tenor | 13, 24, 36, 60 and 68 Months | 24, 36, 60 and 85 months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of ICL Fincorp Limited NCD January 2025 and Sakthi Finance NCD March 2025 is mentioned.
| ICL Fincorp Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 08, 2025 | Mar 17, 2025 |
| Bid/Offer Closes On | Jan 21, 2025 | Mar 28, 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 Sakthi Finance NCD March 2025 QIBs portion includes 25,000 shares and 2,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 25,000 shares |
| Non Institutional | 5,000 shares | 75,000 shares |
| HNI | 1,50,000 shares | 2,00,000 shares |
| Retail | 3,20,000 shares | 2,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 5,00,000 shares |
