Bengaluru, November 14, 2025:
ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), scheduled to open on 17 November 2025. The issue offers an effective yield of up to 12.62%, positioning it as an appealing investment avenue for those seeking secure returns with flexible tenure choices.
The company said it continues to be encouraged by the strong response to its earlier NCD offerings, adding that the trust shown by investors drives its efforts to design stronger and more responsive financial products.
The issue, which carries a CRISIL BBB– (Stable) rating, will remain open until 28 November 2025. Each debenture is priced at ₹1,000, and the offer provides ten investment options across tenures of 13, 24, 36, 60, and 70 months. Investors can choose between monthly, annual or cumulative interest payment structures, with interest rates ranging from 10.50% to 12.62%. The minimum subscription amount has been set at ₹10,000, keeping the issue accessible to a broad segment of retail and institutional investors.
ICL Fincorp plans to deploy the proceeds to strengthen its expansion initiatives and upgrade the services offered to customers across the country. The company said the issue underscores its commitment to delivering dependable and customer-focused financial solutions.
With a 34-year track record, ICL Fincorp has grown into a trusted financial services provider under the leadership of CMD Adv. K. G. Anilkumar. The company now operates across 10 states, including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, West Bengal and Goa, and is steadily moving toward a pan-India footprint. Its acquisition of Salem Erode Investments—a 93-year-old, BSE-listed NBFC based in Tamil Nadu—has further bolstered its position in the sector.
ICL Fincorp’s offerings span Gold Loans, Hire Purchase Loans and Business Loans, while the wider group has diversified into areas such as travel, fashion, diagnostics and charitable initiatives.
Under the joint leadership of CMD Adv. K. G. Anil Kumar and Mrs. Umadevi Anilkumar, Whole-time Director and CEO, the company continues to operate in full compliance with Reserve Bank of India regulations, earning the enduring confidence of its customers.
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