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ICL Fincorp Limited NCD November 2024 vs Muthoot Fincorp NCD Tranche II October 2024

Comparision between ICL Fincorp Limited NCD November 2024 and Muthoot Fincorp NCD Tranche II October 2024.

NCD Details

ICL Fincorp Limited NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche II October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  ICL Fincorp Limited Muthoot Fincorp Limited
Logo ICL Fincorp Limited NCD November 2024 Logo Muthoot Fincorp NCD Tranche II October 2024 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
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (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.

CRISIL AA-/Stable (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,90,000 lakhs of NCDs by CRISIL Ratings Limited vide letter dated June 29. June 2024, and CRISIL AA-/Stable (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,10,000 lakhs of NCDs (of which Rs. 10,900 lakhs are unutilized) by CRISIL Ratings Limited

Registrar Cameo Corporate Services Limited Integrated Registry Management Services Private Limited
Lead Managers Saffron Capital Advisors Private Limited Nuvama Wealth Management Limited
Debenture Trusties Mitcon Credentia Trusteeship Services Limited Vardhman Trusteeship Private Limited
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

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. Muthoot Fincorp NCD Tranche II October 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  ICL Fincorp Limited Muthoot Fincorp Limited
Issue Size (Base) ₹75.00 Cr ₹75.00 Cr
Issue Size (Shelf) ₹2,000.00 Cr
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.

CRISIL AA-/Stable by CRISIL Ratings Limited.
Tenor 13, 24, 36, 60 and 68 Months 24, 36, 60, 72, and 92 Months
Series

Series I to X

Series I to XIII

Payment Frequency Monthly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of ICL Fincorp Limited NCD November 2024 and Muthoot Fincorp NCD Tranche II October 2024 is mentioned.

  ICL Fincorp Limited Muthoot Fincorp Limited
Bid/Offer Opens On Nov 11, 2024 Oct 11, 2024
Bid/Offer Closes On Nov 25, 2024 Oct 24, 2024

Shares Offered to Different Investor Category

In ICL Fincorp Limited NCD November 2024 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Tranche II October 2024 QIBs portion includes and offered are offered to retail investors.

  ICL Fincorp Limited Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total

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