| 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 |
| Tenor | 13, 24, 36, 60, 72 Months |
| Credit Rating | Acuité Ratings & Research Limited : BBB- |
| Series | Series 1 to 10 |
| Payment Frequency | Monthly and Annual |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 852.92 | 637.95 | 527.66 |
| Total Income | 191.69 | 145.69 | 112.64 |
| Profit After Tax | 2.44 | 0.08 | 3.04 |
| NET Worth | 104.49 | 83.30 | 78.32 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | For the purpose of onward lending, financing, and for repayment/ prepayment of principal and interest on existing borrowings of the Company | |
| 2 | General corporate purposes | |
| Total | 0.00 |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Cumulative | Monthly | Monthly | Monthly | Cumulative | Cumulative | Cumulative | Annual | Annual | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 36 Months | 24 Months | 36 Months | 60 Months | 13 Months | 24 Months | 36 Months | 24 Months | 36 Months | 72 Months |
| Coupon (% per Annum) | NA | 10.50% | 11.00% | 11.50% | NA | NA | NA | 10.75% | 11.25% | NA |
| Effective Yield (% per Annum) | 11.50% | 11.02% | 11.57% | 12.13% | 10.50% | 11.00% | 11.50% | 10.75% | 11.25% | 12.25% |
| Amount on Maturity (In Rs.) | Rs 1,386.20 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,114.23 | Rs 1,232.10 | Rs 1,386.20 | Rs 1,000.00 | Rs 1,000.00 | Rs 2,000.00 |
Notes:
ICL Fincorp Limited is a non-deposit-taking, middle-layer non-banking financial company (NBFC) primarily engaged in the gold loan business. The company offers gold loans mainly to middle-income customers, with a strong emphasis on customer-focused services, operational efficiency, and smooth financial solutions.
As of February 28, 2026, ICL Fincorp has a network of 306 branches spread across multiple states, including Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, Maharashtra, Goa, West Bengal, and Delhi.