ICL Fincorp Limited founded in 1991, is a non-deposit-taking financial company that mainly offers gold loans. One needs to provide household gold in order to take a loan, it assigned security for the company. Moreover, also they have a strong presence in states like Kerala, Telangana, Odisha, Gujarat, Tamil Nadu, Andhra Pradesh, Karnataka, and Maharashtra.
Further, the company operates across multiple states in India, placing a strong emphasis on customer on boarding, quick loan disbursement, and developing an effective on-ground management team. In 2024, it demonstrated solid financial performance, reporting a revenue of ₹145.69 crore and total assets amounting to ₹637.95 crore.
ICL Fincorp NCD April 2025 Details
| NCD Issue Open | April 25, 2025 |
| NCD Issue Close | May 9, 2025 |
| NCD Issue Size | Base: 50 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 13.01% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL BBB-/Stable by CRISIL |
| Tenor | 13, 24, 36, 60 and 68 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
ICL Fincorp NCD April 2025 Promoters
- Kuzhuppilly Govinda Menon, Anilkumar, and Umadevi Anilkumar are the company’s promoters.
How to Apply ICL Fincorp NCD April 2025 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
ICL Fincorp NCD Review
- May Apply
ICL Fincorp NCD April 2025 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 13 Month | Month | 11% | 11.57% |
| 2 | 24 Month | Month | 11.5% | 12.13% |
| 3 | 36 Month | Month | 12% | 12.68% |
| 4 | 60 Month | Month | 12.5% | 13.24% |
| 5 | 13 Month | Cumu. | NA | 11.5% |
| 6 | 24 Month | Cumu. | NA | 12% |
| 7 | 36 Month | Cumu. | NA | 12.5% |
| 8 | 24 Month | Annual | 11.75% | 11.75% |
| 9 | 36 Month | Annual | 12.25% | 12.25% |
| 10 | 68 Month | Cumu. | NA | 13.01% |
ICL Fincorp NCD Allocation Ratio
| Category | Allocation |
| Institutional | 5% |
| Non-Institutional | 1% |
| HNI | 30% |
| Retail | 64% |
ICL Fincorp NCD April 2025 Lead Manager
- Vivro Financial Services Private Limited
ICL Fincorp NCD April 2025 Allotment Status
- ICL Fincorp NCD issue allotment available on Cameo.
ICL Fincorp NCD April 2025 Registrar
Cameo Corporate Services Limited
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Company Information
ICL Fincorp Limited
Plot No: C308, Door No: 66/40,
Chennai – 600 083
Phone: +91 44 4208 2381
Email: [email protected]
Website: https://www.iclfincorp.com/
