Archive · 13 Nov 2025
ICL Fincorp Launches New Non-Convertible Debenture Issue
ICL Fincorp, a company that offers services like gold loans and business loans, is releasing a new investment opportunity called NCDs.
These are like loans you can give to the company, and they promise to pay you back with interest.
The investment opens on November 17 and closes on November 28.
You can choose how long you want to invest your money, from a little over a year to almost six years.
The interest rates are between 10.50% and 12.62%, depending on your choice.
The smallest amount you can invest is ₹10,000.
The money raised will help the company grow and serve its customers better across the 10 states where it operates.
ICL Fincorp's new NCD issue opens on November 17 and closes on November 28.
The NCDs have a face value of ₹1,000 and offer tenures ranging from 13 to 70 months.
Interest rates vary from 10.50% to 12.62% with monthly, annual, and cumulative options.
The issue is rated Crisil BBB- /STABLE, and the minimum investment is ₹10,000.
Proceeds will fund ICL Fincorp's growth initiatives and enhance customer services across its 10-state presence.
- Who
- ICL Fincorp
- What
- Launched a public issue of Secured Redeemable Non-Convertible Debentures (NCDs)
- When
- Opens November 17 and closes November 28
- Where
- Across India
- Why
- To support growth initiatives and enhance service quality
- Company
- ICL Fincorp
- Issue Type
- Secured Redeemable Non-Convertible Debentures (NCDs)
- Face Value
- ₹1,000
- Tenures
- 13, 24, 36, 60, 70 months
- Interest Rates
- 10.50% to 12.62%
- Rating
- Crisil BBB- /STABLE
- Minimum Application
- ₹10,000