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ICL Fincorp NCD Issue August 2026 Interest Rates

ICL Fincorp NCD Bonds August 2026 are Open on August 10, 2026 and close on August 21, 2026. The Company will offer 11.50% interest rates on the NCD Bonds, and NCD tenure will be applicable for 13 months, 24 months, 36 months, 60 months and 72 Months. The company will rase a fund of β‚Ή100.00 crore through this NCD, the company has fixed the NCD price band at β‚Ή1000 for this according to the face value of β‚Ή1000. You can check Latest NCD issue here.

ICL Fincorp NCD

ICL Fincorp Limited is a non-deposit-taking, middle-layer NBFC primarily engaged in providing financial services through its gold loan business. The company offers loans secured against household gold jewellery to customers across Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, and Maharashtra. In addition to gold-backed financing, its lending portfolio also includes property loans, business loans, and personal loans.

ICL Fincorp primarily serves middle-income customers and aims to provide convenient, customer-focused lending solutions supported by efficient and accessible financial services.As of February 28, 2026, the company had a network of 306 branches spread across Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, Maharashtra, Goa, West Bengal, and Delhi.

Its gold loan portfolio consists of multiple customised loan schemes designed to address different borrowing requirements. These products differ in terms of applicable interest rates, sanctioned loan amounts, and repayment tenures, allowing customers to select financing options according to their individual needs.

Object of the Issue :
  • For the purpose of onward lending, financing and for repayment/ prepayment of principal and interest of borrowings of the Company.
  • General corporate purposes.
Company Strenghts :
  • The Company is engaged primarily in Gold Loan business with extensive operating experience based in South India.
  • Providing high-quality customer service and customized financial solutions across retail segments.
  • Access to a range of funding sources, including bank facilities, equity infusion, and NCD issuances.
  • Experienced promoter leadership, a skilled workforce, and a professional management team.
  • Effective internal controls, governance standards, and structured risk management frameworks.
  • Secured loan book with strong collateral coverage ensuring asset quality.

Read also: Upcoming Rights Issue

ICL Fincorp NCD Reviews :

NCD Review Card

ICL Fincorp NCD Bonds 2026 Issue Details :

EventDetails
Issue Open :August 10, 2026
Issue Close :August 21, 2026
Issue Base Size :β‚Ή50.00 Cr.
Issue Size (Oversubscription) :β‚Ή50.00 Cr.
Tranche Issue Size :β‚Ή100.00 Cr.
Price Band :β‚Ή1000 Per NCD
Lot Size :1 NCD
Minimum Investment :β‚Ή10000
Face Value :β‚Ή1000 Each NCD
Interest Rate :Up To 11.50% Annual
Listing on :BSE Platform
Basis of Allotment :First Come First Serve
Important Link :

ICL Fincorp NCD 2026 Tenure & Interest Rates :

SrTenureInterestCouponEff. Yield
113 MonthsMonthly10.00%10.47%
224 MonthsMonthly10.50%11.02%
336 MonthsMonthly11.00%11.57%
460 MonthsMonthly11.50%12.13%
513 MonthsCumulativeNA%10.50%
624 MonthsCumulativeNA%11.00%
736 MonthsCumulativeNA%11.50%
824 MonthsAnnual10.75%10.75%
936 MonthsAnnual11.25%11.25%
1072 MonthsCumulativeNA%12.25%

Company Financials (in Cr) :

YearAssetsRevenuePAT
2026β‚Ή1202.54β‚Ή240.18β‚Ή9.13
2025β‚Ή834.70β‚Ή189.00β‚Ή7.16
2024β‚Ή616.64β‚Ή143.57β‚Ή1.90

NCD Allocation :

CategoryAllocation %
Institutional10.00%
Non-Institutional1.00%
HNI30.00%
Retail59.00%
Total100.00%
Promoters : β–  Kuzhuppilly Govinda Menon Anilkumar
NCD Lead Managers :
β–  Vivro Financial Services Private Limited
NCD Debenture Trustee :
Mitcon Credentia Trusteeship Services Limited
1402/1403, B wing, Dalamal Tower,
14th Floor, Free Press Journal Marg,
211 Nariman Point,
Mumbai 400 021, Maharashtra, India
Tel: +91 22 2282 8200
Fax: (91) (22) 22024553
Email: [email protected]
Website: https://www.mitconcredentia.com
NCD Registrar :
Cameo Corporate Services Limited
Subramanian Building, No.1 Club House Road,
Chennai – 600 002, India
Tel: +91 44 4002 0700/ 2846 0390
Email: [email protected]
Website: www.cameoindia.com

Note: Visit IPOBazar page and choose NCD Official Registrar Allotment Link. Click Here

Company Address :
ICL Fincorp Pvt. Ltd.
Plot No. C308, Door No. 66/40,
4th Avenue, Ashok Nagar,
Chennai – 600 083,
Tamil Nadu, India.
Tel: +91 44 4208 2381, 2958 0014
Email: [email protected]
Website: https://www.iclfincorp.com

Disclaimer: Stock Market Investments are Subject to Market risks, read all scheme Related Document Carefully Before Investing.

ICL Fincorp NCD Issue August 2026 Interest Rates

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