ICL Fincorp NCD December 2024 Details
| NCD Open Date: | 8 January 2025 |
| NCD Open Close: | 21 January 2025 |
| Issue Size (Base): | 50 Cr. |
| Issue Size (Shelf): | ₹[.] Cr |
| NCD Price: | ₹1000 per NCD |
| Face Value: | ₹1000 each NCD |
| Interest Rate: | Up to 13.73% ** (Annually) |
| Minimum Investment: | 10 Bonds (₹10,000) |
| Credit Rating: | CRISIL BBB-/Stable by CRISIL. |
| Tenor: | 13, 24, 36, 60, and 68 Months |
| Listing on | BSE Platform |
| Series | Series I to X |
| Basis of Allotment | First Come First Serve Basis |
| Payment Frequency | Monthly, Annual and Cumulative |
ICL Fincorp NCD December 2024 Offer Documents
| NCD RHP | Click Here |
| NCD DRHP | Click Here |
ICL Fincorp NCD December 2024 Dates | Time Table
| NCD Issue Open | 8 January 2025 |
| NCD Issue Close | 21 January 2025 |
| BSE Code: | 3782 |
| Script Symbol: | IClNCDIV |
ICL Fincorp NCD Offer Allocation Ratio
Check out the ICL Fincorp NCD December 2024 details for small shareholders and eligible shareholders.
| Category | Allocation |
| Institutional | 5% |
| Non-Institutional | 1% |
| HNI | 30% |
| Retail | 64% |
| Other | -% |
ICL Fincorp NCD December 2024 Tenure and Interest Rates
| Tenure | Payment | Coupon | Eff. Yield | Amount on Maturity |
| 13 Months | Monthly | 11% | 11.57% | ₹1,000 |
| 24 Months | Monthly | 11.5% | 12.13% | ₹1,000 |
| 36 Months | Monthly | 12% | 12.68% | ₹1,000 |
| 60 Months | Monthly | 12.5% | 13.24% | ₹1,000 |
| 13 Months | Cumulative | NA | 11.55% | ₹1,125.16 |
| 24 Months | Cumulative | NA | 12.36% | ₹1,254.4 |
| 36 Months | Cumulative | NA | 13.03% | ₹1,423.83 |
| 24 Months | Annualy | 11.75% | 11.75% | ₹1,000 |
| 36 Months | Annualy | 12.25% | 12.25% | ₹1,000 |
| 68 Months | Cumulative | NA | 13.73% | ₹1,000 |
ICL Fincorp Company Financial Report
₹ in Crores
| Year | Revenue | Expense | PAT |
| 2022 | ₹89.43 | ₹68.19 | ₹2.71 |
| 2023 | ₹112.64 | ₹78.32 | ₹3.04 |
| 2024 | ₹145.69 | ₹83.3 | ₹0.08 |
ICL Fincorp December 2024 Promoters
- Kuzhuppilly Govinda Menon Anilkumar and Umadevi Anilkumar are the company’s promoters.
How to Apply for ICL Fincorp NCD December 2024
- Apply through your existing Demat account online/offline
- Download form from official website
About ICL Fincorp
ICL Fincorp was established in 1991 and started providing gold loans means gold would be kept to get loans. ICL Fincorp provides not only gold loans but also personal and business loans. The company operates in multiple states across India, focusing on bringing in new customers, disbursing loans, and building a strong management team for efficient operations. The company has a good financial background revenue for 2024 is ₹145.69 crore and assets totaling Rs ₹637.95 crore. Moreover, it has around 295 branches, especially in the southern states of Andhra Pradesh, Telangana, Karnataka, and Kerala. In real estate loans, salaried and self-employed individuals get loans ranging from ₹5,00,000 to ₹25,00,000..
Objects of the Issue
- For the purpose of onward lending, financing, and for repayment/prepayment of principal and interest on existing borrowings of the Company; and
- General corporate purposes.
ICL Fincorp NCD December 2024 Registrar
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
ICL Fincorp NCD December 2024 Lead Manager
- Vivro Financial Services Private Limited
ICL Fincorp December 2024 NCD allotment status check on Cameo Corporate Services Limited website – Click Here
Company Address
Plot No: C308, Door No: 66/40,
4th Avenue, Ashok Nagar,
Chennai – 600 083
Phone: +91 44 4208 2381
Email: info@iclfincorp.com
Website: https://www.iclfincorp.com/
ICL Fincorp NCD December 2024 Reviews
- Dilip Davda – Avoid