Comparison between ICL Fincorp Limited NCD April 2026 and Muthoot Fincorp NCD Tranche II March 2026.
ICL Fincorp Limited NCD April 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche II March 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Muthoot Fincorp 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | ||
| Registrar | Cameo Corporate Services Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Vardhman Trusteeship Pvt.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 April 2026 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche II March 2026 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹200.00 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 | Acuité Ratings & Research Limited : BBB- | Crisil Ratings Limited : AA- Brickwork Ratings India Private Limited : AA |
| Tenor | 13, 24, 36, 60, 72 Months | |
| Series | Series 1 to 10 | |
| Payment Frequency | Monthly and Annual |
Offering period of ICL Fincorp Limited NCD April 2026 and Muthoot Fincorp NCD Tranche II March 2026 is mentioned.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 10, 2026 | Mar 13, 2026 |
| Bid/Offer Closes On | Apr 24, 2026 | Mar 23, 2026 |
In ICL Fincorp Limited NCD April 2026 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche II March 2026 QIBs portion includes 2,00,000 shares and 6,00,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 2,00,000 shares |
| Non Institutional | 5,000 shares | 4,00,000 shares |
| HNI | 1,50,000 shares | 8,00,000 shares |
| Retail | 3,20,000 shares | 6,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 20,00,000 shares |
