Comparison between Nashik Municipal Corporation NCD Feb 2026 and Prachay Capital NCD February 2026.
Nashik Municipal Corporation NCD Feb 2026 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured 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.
| Nashik Municipal Corporation | Prachay Capital Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Unsecured Subordinated Non-Convertible Debentures (Unsecured 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) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | Kreo Capital Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Nashik Municipal Corporation NCD Feb 2026 issue size is ₹100.00 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.
| Nashik Municipal Corporation | Prachay Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹50.00 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 | India Ratings & Research Private Limited : IND AA+/Stable Crisil Ratings Limited : CRISIL AA+ Stable | Crisil Ratings Limited : BBB- |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of Nashik Municipal Corporation NCD Feb 2026 and Prachay Capital NCD February 2026 is mentioned.
| Nashik Municipal Corporation | Prachay Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 25, 2026 | Feb 26, 2026 |
| Bid/Offer Closes On | Mar 02, 2026 | Mar 12, 2026 |
In Nashik Municipal Corporation NCD Feb 2026 QIBs portion includes 6,00,000 shares and 1,50,000 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.
| Nashik Municipal Corporation | Prachay Capital Ltd. | |
|---|---|---|
| Institutional | 6,00,000 shares | 5,000 shares |
| Non Institutional | 2,50,000 shares | 95,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 1,50,000 shares | 1,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 5,00,000 shares |
