ICL Fincorp NCD Nov 2023 FAQ's

ICL Fincorp NCD Nov 2023 Detail
Issue Open	November 28, 2023
Issue Close	December 11, 2023
Issue Size (Base)	₹100.00 Crores
Issue Size (Shelf)	₹100.00 Crores
Issue Price	₹1000 per NCD
Listing At	BSE

ICL Fincorp NCD Nov 2023 Date & Price

The ICL Fincorp NCD Nov 2023 issue opens on November 28, 2023, and closes on December 11, 2023, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

ICL Fincorp Limited NCD IPO dates are as below:

ICL Fincorp NCD Nov 2023 Issue Timetable

Bid/Offer Opens On	November 28, 2023
Bid/Offer Closes On	December 11, 2023
Record Date
Deemed Date of Allotment

ICL Fincorp NCD Nov 2023 Draft Red Herring Prospectus (DRHP) PDF

ICL Fincorp NCD Nov 2023 Red Herring Prospectus (RHP) PDF

ICL Fincorp NCD Nov 2023 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for ICL Fincorp NCD Nov 2023 is Monthly, Annual and Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

ICL Fincorp NCD Nov 2023 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until December 11, 2023. The bid may close earlier in case it is fully subscribed.

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 NCD's have a fixed maturity date. The date of maturity of the NCD's is 13, 24, 36, 60 and 68 months.

ICL Fincorp NCD Nov 2023 Issue Size and Subscription Status

The ICL Fincorp NCD Nov 2023 consist of a base issue and a shelf issue.

NCD Base Issue Size: ₹100.00 Crores
NCD Shelf Issue Size: ₹100.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in ICL Fincorp NCD Nov 2023 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

Minors without a guardian name
Foreign nationals
Persons resident outside India
Foreign Portfolio Investors
Foreign Venture Capital Investors
Qualified Foreign Investors
Overseas Corporate Bodies
Persons ineligible to contract under applicable statutory/regulatory requirements

You could check ICL Fincorp Limited 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.

ICL Fincorp NCD Nov 2023 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The ICL Fincorp Limited Allotment Status is not available online at this time.

The ICL Fincorp Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

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.

ICL Fincorp Limited NCD - Should I apply?

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 Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.

ICL Fincorp NCD Nov 2023 FAQ's

ICL Fincorp NCD Nov 2023 Date & Price

When is ICL Fincorp NCD Nov 2023 public issue coming?

What is ICL Fincorp NCD Nov 2023 timetable?

ICL Fincorp NCD Nov 2023 Issue Timetable

Where can I get the ICL Fincorp NCD Nov 2023 issue prospectus pdf?

What is ICL Fincorp NCD Nov 2023 price? Tell me the pricing of ICL Fincorp Limited NCD issue?

What is the face value of ICL Fincorp NCD Nov 2023?

What is the frequency of interest payment for ICL Fincorp NCD Nov 2023?

What is the minimum application size for investment in ICL Fincorp NCD Nov 2023 public issue?

What is ICL Fincorp NCD Nov 2023 closing time?

What are the interest rates and benefits received under different categories for ICL Fincorp NCD Nov 2023?

What are the tenors of ICL Fincorp NCD Nov 2023 bonds?

ICL Fincorp NCD Nov 2023 Issue Size and Subscription Status

What is the base issue size of ICL Fincorp NCD Nov 2023?

How many ICL Fincorp Limited NCD's are offered to retail investors?

Can NRI apply in the ICL Fincorp Limited NCD IPO?

Who is not eligible to invest in the ICL Fincorp Limited issue?

What is ICL Fincorp Limited NCD IPO Gray Market Premium (GMP)?

ICL Fincorp NCD Nov 2023 Allotment and Listing

Which stock exchange are the ICL Fincorp Limited NCD is proposed to be listed on?

What is the basis of allotment for ICL Fincorp NCD Nov 2023 issue? How will allocation happen in case of oversubscriptions?

Where do I check ICL Fincorp Limited allotment status?

What is ICL Fincorp Limited NCD listing date or trading date?

What is ICL Fincorp Limited NCD expected listing price?

ICL Fincorp Limited NCD - Should I apply?

What is the credit rating for the ICL Fincorp NCD Nov 2023?

ICL Fincorp Limited NCD good or bad? Should you subscribe in ICL Fincorp NCD Nov 2023 or not?

ICL Fincorp NCD Nov 2023 should you apply? ICL Fincorp NCD Nov 2023 worth investing?

How much profit can I make in ICL Fincorp Limited NCD issue's retail category?

Read more about ICL Fincorp NCD Nov 2023