Loading...
Guest User
Welcome! Please login.
| Issue Size (Base) | ₹50.00 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE |
| Credit Rating | Crisil Ratings Limited : BBB- |
ICL Fincorp Ltd.'s revenue increased by 32% and profit after tax (PAT) rose by 2925% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 852.92 | 637.95 |
| Total Income | 191.69 | 145.69 |
| Profit After Tax | 2.44 | 0.08 |
| Net Worth | 110.07 | 85.12 |
| Reserves and Surplus | 45.11 | 32.53 |
| Total Borrowing | 87.63 | 54.32 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the funds which are being raised through the Issue, after deducting the Issue-related expenses to the extent payable by the Company towards funding the following objectives:
| # | Issue Objects |
|---|---|
| 1 | For onward lending, financing, and for repayment/prepayment of principal and interest on existing borrowings of the Company; and |
| 2 | General corporate purposes. |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Monthly | Cumulative | Cumulative | Cumulative | Annual | Annual | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 13 Months | 24 Months | 36 Months | 60 Months | 13 Months | 24 Months | 36 Months | 24 Months | 36 Months | 70 Months |
| Coupon (% per Annum) | 10.50% | 11.00% | 11.50% | 12.00% | NA | NA | NA | 11.25% | 11.75% | NA |
| Effective Yield (% per Annum) | 11.02% | 11.57% | 12.13% | 12.68% | 11.00% | 11.50% | 12.00% | 11.25% | 11.75% | 12.62% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,119.70 | Rs 1,243.23 | Rs 1,404.93 | Rs 1,000.00 | Rs 1,000.00 | Rs 2,000.00 |
ICL Fincorp Limited is a non-deposit-taking financial company active in the gold loan segment. It provides loans secured against household gold jewellery across Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, and Maharashtra, and also extends property, business, and personal loans.
The company primarily serves middle-class borrowers and highlights its commitment to customer-centric service, operational efficiency, and smooth loan processing. Its approach prioritises streamlined customer onboarding, quick loan disbursal, and a strong on-ground management team. ICL Fincorp also offers specialised short-tenure gold loan schemes designed for customers who need rapid funding with faster repayment cycles.
For the quarter ended June 30, 2025, the company’s standalone outstanding AUM before impairment stood at ₹69,29,832.03 thousand, compared with ₹64,47,890.36 thousand in 2024, ₹47,21,778.21 thousand in 2023, and ₹39,60,925.89 thousand in the previous year.
As of September 30, 2025, ICL Fincorp operated 300 branches across Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, Maharashtra, Goa, and West Bengal. The company provides a wide selection of customised gold loan products with different interest rates, loan amounts, and repayment periods to address varied financial requirements.
