ICL Fincorp Launches New Secured Redeemable NCD Issue Offering Returns up to 12.25%

Chennai, 4th February 2026: ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), opening on 5th February 2026, offering investors an effective yield of up to 12.25%. Designed to suit diverse investment needs, the issue provides flexible tenure and interest payout options, making it a compelling opportunity for investors seeking stable and secure returns.

(L to R) T.V.Visakh Company Secretary; HE Hon. Adv. K. G. Anilkumar, CMD, ICL Fincorp Ltd / Goodwill Ambassador, LACTC; Madhavankutty. T, Chief Finance Officer 

Buoyed by the overwhelming response to its earlier NCD offerings, ICL Fincorp expressed gratitude to its investors for their continued trust and confidence. This strong support reinforces the company’s commitment to delivering robust, customer-focused financial solutions that evolve with investor expectations.

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The NCD issue will remain open until 18th February 2026 and carries a CRISIL BBB- / STABLE rating. Each NCD has a face value of ₹1,000, with a minimum application amount of ₹10,000, ensuring accessibility to a wide range of investors. The issue comprises 10 options (10 ISINs) across tenures of 13, 24, 36, 60, and 72 months, offering monthly, annual, and cumulative interest payout choices, with interest rates ranging from 10.00% to 12.25%.

The funds raised through this issue will be utilized to support ICL Fincorp’s growth initiatives and to further enhance service quality for customers and stakeholders across India, underlining the company’s focus on sustainable growth and long-term value creation.

With a legacy spanning 34 years, ICL Fincorp has built a strong reputation as a trusted financial partner under the leadership of CMD Adv. K.G. Anilkumar. The company has expanded its footprint across 11 states—Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, West Bengal, Goa, and Delhi—moving steadily toward a pan-India presence. Salem Erode Investments, a BSE-listed NBFC under the ICL Group, has emerged as a key vertical, strengthening the Group’s position in the financial services sector.

ICL Fincorp offers a diversified portfolio including Gold Loans, Hire Purchase Loans, and Business Loans, while the ICL Group has interests across travel, fashion, diagnostics, and charitable initiatives. Under the joint leadership of CMD Adv. K.G. Anilkumar and Mrs. Umadevi Anilkumar, Whole-time Director & CEO, the company continues to operate in full compliance with Reserve Bank of India regulations, earning enduring customer trust.

As ICL Fincorp presents this new NCD issue, it invites investors to be part of its journey toward financial growth, security, and long-term value creation.

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