Comparison between ICL Fincorp Limited NCD November 2024 and Muthoottu Mini Financiers NCD October 2024.
ICL Fincorp Limited NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp Ltd. | Muthoottu Mini Financiers 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 | 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. | The NCDs proposed to be issued under the Issue have been rated CARE A-Stable (pronounced as Single A Minus with Stable outlook) by CARE Ratings Limited (CARE Ratings). |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Saffron Capital Advisors 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 November 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD October 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹100.00 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 | CRISIL BBB-/Stable by CRISIL. | CARE A-Stable by CARE Ratings Limited. |
| Tenor | 13, 24, 36, 60 and 68 Months | 450 Days, 26, 36, 48, and 66 Months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of ICL Fincorp Limited NCD November 2024 and Muthoottu Mini Financiers NCD October 2024 is mentioned.
| ICL Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 11, 2024 | Oct 30, 2024 |
| Bid/Offer Closes On | Nov 25, 2024 | Nov 13, 2024 |
In ICL Fincorp Limited NCD November 2024 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD October 2024 QIBs portion includes and offered are offered to retail investors.
