Comparison between ICL Fincorp Limited NCD November 2024 and IIFL Home Finance NCD Tranche I December 2024.
ICL Fincorp Limited NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while IIFL Home Finance NCD Tranche I December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| ICL Fincorp Ltd. | IIFL Home Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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) | 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. | CRISIL Ratings Limited has rated the Secured NCDs CRISIL AA/Stable (stable outlook) for Rs 3000 crores. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | IIFL Capital Services Ltd. Trust Investment Advisors 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 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. IIFL Home Finance NCD Tranche I December 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | IIFL Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 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 BBB-/Stable by CRISIL. | CRISIL AA/Stable |
| Tenor | 13, 24, 36, 60 and 68 Months | 24, 36, 60 and 84 Months |
| Series | Series I to X | Series I to IX |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of ICL Fincorp Limited NCD November 2024 and IIFL Home Finance NCD Tranche I December 2024 is mentioned.
| ICL Fincorp Ltd. | IIFL Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 11, 2024 | Dec 06, 2024 |
| Bid/Offer Closes On | Nov 25, 2024 | Dec 19, 2024 |
In ICL Fincorp Limited NCD November 2024 QIBs portion includes and offered are offered to retail investors. In IIFL Home Finance NCD Tranche I December 2024 QIBs portion includes 2,00,000 shares and 3,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | IIFL Home Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares |
