Bengaluru, July 31, 2025:
ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), opening on July 31, 2025, with returns of up to 12.62%. The issue will remain open for subscription until August 13, 2025.
This offering follows the strong investor response to previous NCD issues, which were oversubscribed—highlighting continued investor trust in the company. The new NCD issue is rated CRISIL BBB-/Stable, signifying a moderate degree of credit safety.
The NCDs, each with a face value of ₹1,000, are available across 10 scheme options, with interest rates ranging from 10.50% to 12.00%. The minimum application amount is ₹10,000, making it accessible to retail investors and high-net-worth individuals alike.
Proceeds from the issue will be used to fuel ICL Fincorp’s growth strategy and enhance service delivery across its customer base. The initiative reinforces the company’s commitment to offering investor-friendly, stable, and secure financial products.
With a legacy of 34 years, ICL Fincorp has emerged as a trusted NBFC under the leadership of Chairman and Managing Director Adv. K.G. Anilkumar. The company operates in nine states—including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, and West Bengal—as it continues expanding towards a pan-India presence.
The recent acquisition of Salem Erode Investments, a BSE-listed NBFC with a legacy of 93 years, has further strengthened the company’s footprint in Tamil Nadu and bolstered its credibility in the financial sector.
ICL Fincorp’s core offerings include Gold Loans, Hire Purchase Loans, and Business Loans, while the broader ICL Group has diversified into sectors such as travel, fashion, diagnostics, and philanthropic ventures.
Jointly led by CMD Adv. K.G. Anilkumar and Mrs. Uma Anilkumar, Whole-Time Director & CEO, the company operates in full compliance with RBI regulations and continues to uphold the values of reliability, transparency, and customer focus.
ICL Fincorp invites investors to take advantage of this high-yield NCD issue and become part of its ongoing journey of financial growth and value creation.
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