[.]| Listing at BSE | Tue, Nov 28, 2023 - Mon, Dec 11, 2023
| Bid/Offer Opens On | November 28, 2023 |
| Bid/Offer Closes On | December 11, 2023 |
ICL Fincorp Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Monthly | Cumulative | Cumulative | Cumulative | Annual | Annual | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 13 Months | 24 Months | 36 Months | 60 Months | 13 Months | 24 Months | 36 Months | 24 Months | 36 Months | 68 Months |
| Coupon (% per Annum) | 11.00% | 11.50% | 12.00% | 12.50% | NA | NA | NA | 11.75% | 12.25% | NA |
| Effective Yield (% per Annum) | 11.57% | 12.13% | 12.68% | 13.24% | 11.55% | 12.36% | 13.03% | 11.75% | 12.25% | 13.73% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,125.16 | Rs 1,254.40 | Rs 1,423.83 | Rs 1,000.00 | Rs 1,000.00 | Rs 2,000.00 |
The following categories of persons are eligible to apply in the Issue:
The ICL Fincorp NCD Nov 2023 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in ICL Fincorp NCD Nov 2023 are as below:
| Category 1 (QIB) | 10000 |
| Category 2 | 40000 |
| Category 3 (HNI) | 200000 |
| Category 4 (Retail) | 750000 |
No, NRI's are not eligible to apply in this Issue.
You could check ICL Fincorp NCD Nov 2023 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check ICL Fincorp Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price ICL Fincorp NCD Nov 2023 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued have been rated 'ACUITE BBB-' by Acuité.
Sorry, we do not provide NCD recommendations. But we share a lot of information about ICL Fincorp NCD Nov 2023 which could help you with questions like ICL Fincorp NCD Nov 2023 buy or not? You should also read ICL Fincorp NCD Nov 2023 Analysis from experts and check the daily subscription status.
It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
ICL Fincorp Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
