ICL Fincorp is NBFC was founded in 1991 and started offering gold loans. Moreover, this firm provides loans and exchange of gold means gold could be taken as safety. In addition to gold loans, ICL Fincorp also offers personal loans and business loans. The company operates in various states across India with a strong focus on customer onboarding, loan disbursal, and building an efficient ground management team. The company has shown strong financial performance, with a revenue of ₹145.69 crore in 2024 and assets totaling ₹637.95 crore. As of September 30, 2024, it operated 295 branches, mainly in the southern states of Andhra Pradesh, Telangana, Karnataka, and Kerala. Significantly, vehicle loans for two-wheelers ranging from ₹25,000 to ₹2,00,000, and cover up to 75% of the vehicle’s value.
ICL Fincorp NCD January 2025 Details
| NCD Issue Open | January 8, 2025 |
| NCD Issue Close | January 21, 2025 |
| NCD Issue Size | Base: 50 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 13.73% ** (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 January 2025 Promoters
- Kuzhuppilly Govinda Menon Anilkumar and Umadevi Anilkumar are the company’s promoters.
How to Apply ICL Fincorp NCD January 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
- Avoid
ICL Fincorp NCD January 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 | 11.55% |
| 6 | 24 Month | Cumu. | NA | 12.36% |
| 7 | 36 Month | Cumu. | NA | 13.03% |
| 8 | 24 Month | Annual | 11.75% | 11.75% |
| 9 | 36 Month | Annual | 12.25% | 12.25% |
| 10 | 68 Month | Cumu. | NA | 13.73% |
ICL Fincorp NCD Allocation Ratio
| Category | Allocation |
| Institutional | 5% |
| Non-Institutional | 1% |
| HNI | 30% |
| Retail | 64% |
ICL Fincorp NCD January 2025 Lead Manager
- Vivro Financial Services Private Limited
ICL Fincorp NCD January 2025 Allotment Status
- ICL Fincorp NCD issue allotment available on Cameo.
ICL Fincorp NCD January 2025 Registrar
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
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,
4th Avenue, Ashok Nagar,
Chennai – 600 083
Phone: +91 44 4208 2381
Email: [email protected]
Website: https://www.iclfincorp.com/
