ICL Fincorp is set to launch its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs) on July 31, 2025, offering investors an attractive effective yield of up to 12.62%.
Your Investment Opportunity
This new NCD issue opens its doors on July 31, 2025, and will remain available for investment until August 13, 2025. It presents a secure option for those looking for flexible tenures in their investment portfolio.
Each NCD has a face value of ₹1,000, and the issue features ten different schemes, each with a unique ISIN. Interest rates for these schemes range from a competitive 10.50% to 12.00%.
The NCD issue has been rated CRISIL BBB- /STABLE, providing an independent assessment of its creditworthiness. With a minimum application amount of just ₹10,000, this offering is designed to be accessible to a wide range of investors.
Building on Investor Trust
ICL Fincorp has a history of successful NCD issues, with previous offerings being notably oversubscribed. This strong track record reflects the ongoing trust and confidence investors place in the company.
The funds raised from this latest issue will be strategically invested to fuel ICL Fincorp’s growth initiatives. This includes enhancing service quality for customers and stakeholders across India, reaffirming the company’s commitment to reliable and innovative financial solutions.
About ICL Fincorp
With a legacy spanning 34 years, ICL Fincorp has established itself as a trusted financial partner. The company operates under the visionary leadership of its CMD, Adv. K.G. Anilkumar, alongside Mrs. Uma Anilkumar, the Whole-time Director & CEO.
ICL Fincorp boasts a growing presence across nine Indian states, including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, and West Bengal. This expansion signifies its steady progress towards a comprehensive pan-India footprint.
Further solidifying its position, ICL Fincorp has made significant acquisitions. These include Salem Erode Investments, a BSE-listed NBFC with a 93-year history, and Laneseda Vanijya Pvt. Ltd., a Kolkata-based NBFC established in 1995.
The company offers a broad range of financial services, such as Gold Loans, Hire Purchase Loans, and Business Loans. Beyond finance, the ICL Group has also diversified into sectors like travel, fashion, diagnostics, and various charitable initiatives, showcasing its broader impact.
Key Takeaways
- ICL Fincorp’s NCD issue opens on July 31, 2025, and closes on August 13, 2025.
- It offers an effective yield of up to 12.62% with interest rates from 10.50% to 12.00%.
- The NCDs are rated CRISIL BBB- /STABLE and require a minimum application of ₹10,000.
- Proceeds will support ICL Fincorp’s growth and service enhancement across its nine-state presence.
- ICL Fincorp has a 34-year legacy and a track record of oversubscribed NCD issues.
This new NCD issue invites investors to join ICL Fincorp’s journey towards continued financial growth, security, and long-term value creation.
