Comparison between ICL Fincorp Limited NCD April 2025 and UGRO Capital Limited NCD March 2025.
ICL Fincorp Limited NCD April 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while UGRO Capital Limited NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| ICL Fincorp Ltd. | UGRO Capital 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  | 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 "IND A+/Stable" for an amount of Rs 20,000 lakh by India Ratings & Research Private Limited. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Tipsons Consultancy 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 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. UGRO Capital Limited NCD March 2025 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 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. | IND A+/Stable by India Ratings & Research Private Limited |
| Tenor | 13, 24, 36, 60 and 68 Months | 18, 24 30 and 42 months |
| Series | Series I to X | Series I to V |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly |
Offering period of ICL Fincorp Limited NCD April 2025 and UGRO Capital Limited NCD March 2025 is mentioned.
| ICL Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 25, 2025 | Apr 03, 2025 |
| Bid/Offer Closes On | May 09, 2025 | Apr 17, 2025 |
In ICL Fincorp Limited NCD April 2025 QIBs portion includes 25,000 shares and 3,20,000 shares offered are offered to retail investors. In UGRO Capital Limited NCD March 2025 QIBs portion includes 2,50,000 shares and 2,50,000 shares offered are offered to retail investors.
| ICL Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 25,000 shares | 2,50,000 shares |
| Non Institutional | 2,50,000 shares | |
| HNI | 1,50,000 shares | 2,50,000 shares |
| Retail | 3,20,000 shares | 2,50,000 shares |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
