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NCD Public Issue

ICL Fincorp Limited NCD public issue, Nov 2023

Prospectus filed with BSE on 23 Nov 2023. This issue's prospectus has been filed. Subscription window (from prospectus cover): 2023-11-28 → 2023-12-11. Verify on the linked prospectus; windows can change.

Issue Rating
BBB- / Stable (Acuité)
Rating of this issue, from the prospectus
Issuer's Rating on Its Listed Bonds
BBB (Acuité)
Latest rating on the issuer's other listed bonds — not this issue's rating
Face Value
₹1,000 per NCD
Minimum Application
10 NCDs (₹10,000)
Security
Secured
Default Series
Series I
Allotted when an application names no series
Subscription Opens
2023-11-28
From prospectus Issue Programme
Subscription Closes
2023-12-11
As printed; may be extended / closed early
Listing Exchange
BSE
Issuer's Active Bonds on File
166
Series Terms 10
SeriesTenorCoupon RateFrequencyEffective Yield
Series I 13 months 11.00% Monthly 11.57%
Series II 24 months 11.50% Monthly 12.13%
Series III 36 months 12.00% Monthly 12.68%
Series IV 60 months 12.50% Monthly 13.24%
Series V 13 months — Cumulative (at maturity) 11.55%
Series VI 24 months — Cumulative (at maturity) 12.36%
Series VII 36 months — Cumulative (at maturity) 13.03%
Series VIII 24 months 11.75% Annual 11.75%
Series IX 36 months 12.25% Annual 12.25%
Series X 68 months — Cumulative (at maturity) 13.73%
Issue Features (from the prospectus)
SecuritySecured, redeemable, non-convertible debentures; security cover of 110%
Early redemption No call or put option found in the prospectus
Filed Documents
BSE Scrip Code28464422
DRHP Filed2023-11-06
Draft Prospectus (DRHP)View document ↗
Final ProspectusView document ↗

Risk warning: This page restates filing data as published by BSE and, where available, terms extracted from the issuer's own prospectus. It is for informational purposes only and does not constitute investment advice, a recommendation to apply for this issue, or a view on allotment. The issue rating shown is the rating of this issue as printed in its prospectus; ratings can change after filing. The issuer's rating on its listed bonds is the latest rating on its other outstanding bonds, not the rating of this issue. Ratings are the opinion of the rating agency, not RetailBonds.in. Verify all details against the linked prospectus before making any decision. See our methodology and full disclaimer.

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