Comparison between ICL Fincorp NCD Nov 2023 and Kosamattam Finance NCD January 2024.
ICL Fincorp NCD Nov 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Kosamattam 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 | The NCDs proposed to be issued have been rated 'ACUITE BBB-' by Acuité. | The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Vistra ITCL India 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 NCD Nov 2023 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD January 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹100.00 Cr | ₹200.00 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 | ACUITE BBB- with stable outlook by Acuité | IND A-/Stable by India Ratings |
| Tenor | 13, 24, 36, 60 and 68 months | 18, 24, 30, 36, 39, 48, 54, and 88 months |
| Series | Series I to X | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of ICL Fincorp NCD Nov 2023 and Kosamattam Finance NCD January 2024 is mentioned.
| ICL Fincorp Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 28, 2023 | Jan 01, 2024 |
| Bid/Offer Closes On | Dec 11, 2023 | Jan 12, 2024 |
In ICL Fincorp NCD Nov 2023 QIBs portion includes 10,000 shares and 7,50,000 shares offered are offered to retail investors. In Kosamattam Finance NCD January 2024 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 10,000 shares | 1,00,000 shares |
| Non Institutional | 40,000 shares | 1,00,000 shares |
| HNI | 2,00,000 shares | 3,00,000 shares |
| Retail | 7,50,000 shares | 5,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
