What is the difference between IPO and NCD?

What is the difference between IPO and NCD?

NCD Public Issue (NCD IPO) is the process by which a corporate raises the NCD funds through the public. The process is similar to equity initial public offer (IPO) of private limited companies. One major difference in Equity IPO and NCD public issue is the bidding of NCD stops as soon as it is fully subscribed
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