Comparison between ICL Fincorp Limited NCD November 2025 and Indel Money NCD October 2025.
ICL Fincorp Limited NCD November 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indel Money NCD October 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Indel Money 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 | ||
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Trust Investment Advisors Pvt.Ltd. Incred Capital Financial Services Pvt.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 November 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Indel Money NCD October 2025 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Indel Money Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹150.00 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 Ratings Limited : BBB- | Infomerics Valuation and Rating Private Limited : A- |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of ICL Fincorp Limited NCD November 2025 and Indel Money NCD October 2025 is mentioned.
| ICL Fincorp Ltd. | Indel Money Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 17, 2025 | Oct 13, 2025 |
| Bid/Offer Closes On | Nov 28, 2025 | Oct 24, 2025 |
In ICL Fincorp Limited NCD November 2025 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors. In Indel Money NCD October 2025 QIBs portion includes 3,00,000 shares and 4,50,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Indel Money Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 3,00,000 shares |
| Non Institutional | 5,000 shares | 3,00,000 shares |
| HNI | 1,50,000 shares | 4,50,000 shares |
| Retail | 3,20,000 shares | 4,50,000 shares |
| Others | ||
| Total | 5,00,000 shares | 15,00,000 shares |
