Comparison between ICL Fincorp Limited NCD April 2026 and Muthoot Mercantile NCD May 2026.
ICL Fincorp Limited NCD April 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Mercantile NCD May 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Muthoot Mercantile 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. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Mitcon Credentia Trusteeship Services 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 Mercantile NCD May 2026 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹75.00 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 | Acuité Ratings & Research Limited : BBB- | Crisil Ratings Limited : Crisil BBB+/Stable |
| Tenor | 13, 24, 36, 60, 72 Months | 400 Days and 24, 36, 73 Months |
| Series | Series 1 to 10 | Series 1 to 7 |
| Payment Frequency | Monthly and Annual | Monthly |
Offering period of ICL Fincorp Limited NCD April 2026 and Muthoot Mercantile NCD May 2026 is mentioned.
| ICL Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 10, 2026 | May 29, 2026 |
| Bid/Offer Closes On | Apr 24, 2026 | Jun 11, 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 Mercantile NCD May 2026 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 75,000 shares |
| Non Institutional | 5,000 shares | 3,00,000 shares |
| HNI | 1,50,000 shares | |
| Retail | 3,20,000 shares | 3,75,000 shares |
| Others | ||
| Total | 5,00,000 shares | 7,50,000 shares |
