Comparison between IIFL Finance NCD Tranche I February 2026 NCD and Prachay Capital NCD February 2026.
IIFL Finance NCD Tranche I February 2026 NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Prachay Capital NCD February 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| IIFL Finance Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | IIFL Capital Services Ltd. Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | Kreo Capital Pvt.Ltd. |
| Debenture Trustees | Vardhman Trusteeship Pvt.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. IIFL Finance NCD Tranche I February 2026 NCD issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. Prachay Capital NCD February 2026 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Finance Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹500.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 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 | Crisil Ratings Limited : AA Brickwork Ratings India Private Limited : AA+/Stable | Crisil Ratings Limited : BBB- |
| Tenor | 24, 36, 60 Months | |
| Series | Series 1 to 9 | |
| Payment Frequency | Monthly and Annual |
Offering period of IIFL Finance NCD Tranche I February 2026 NCD and Prachay Capital NCD February 2026 is mentioned.
| IIFL Finance Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 17, 2026 | Feb 26, 2026 |
| Bid/Offer Closes On | Mar 04, 2026 | Mar 12, 2026 |
In IIFL Finance NCD Tranche I February 2026 NCD QIBs portion includes 10,00,000 shares and 7,50,000 shares offered are offered to retail investors. In Prachay Capital NCD February 2026 QIBs portion includes 5,000 shares and 1,00,000 shares offered are offered to retail investors.
| IIFL Finance Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Institutional | 10,00,000 shares | 5,000 shares |
| Non Institutional | 15,00,000 shares | 95,000 shares |
| HNI | 17,50,000 shares | 3,00,000 shares |
| Retail | 7,50,000 shares | 1,00,000 shares |
| Others | ||
| Total | 50,00,000 shares | 5,00,000 shares |
