ICL Fincorp Launches NCD Public Issue | Earn Up to 12.25% Returns | Opens April 10, 2026

Chennai, April 2026: ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), which will open for subscription on April 10, 2026, and close on April 24, 2026.

(L to R) Madhavan Kutty T, CFO; Adv. K. G. Anilkumar, Chairman and Managing Director:  Visakh TV, Company Secretary 

The issue offers an effective yield of up to 12.25%, presenting an attractive investment opportunity for investors seeking stable and secured returns with flexible tenure options. Each NCD carries a face value of ₹1,000, with a minimum application size of ₹10,000, making it accessible to a wide range of investors.

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The offering comprises 10 investment options (ISINs) with tenures of 13, 24, 36, 60, and 72 months. Investors can choose from monthly, annual, or cumulative interest payout options, with interest rates ranging between 10.00% and 12.25%. The issue has been rated ACUITE BBB-/Stable, indicating a moderate degree of safety regarding timely servicing of financial obligations.

The company stated that the proceeds from the issue will be utilised to support its growth initiatives and further strengthen its service capabilities across India. The launch follows a strong response to its previous NCD issues, reflecting growing investor confidence in the company.

With a legacy spanning over 35 years, ICL Fincorp has established itself as a trusted financial services provider under the leadership of its Chairman and Managing Director, Adv. K. G. Anilkumar, and Whole-time Director and CEO, Umadevi Anilkumar.

The company has steadily expanded its footprint across 12 states, including Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Odisha, West Bengal, Goa, Delhi, and Rajasthan. Its group entity, Salem Erode Investments, a BSE-listed non-banking financial company, has further strengthened its presence in the financial sector.

ICL Fincorp offers a diversified portfolio of financial products, including gold loans, hire purchase loans, and business loans, and has also ventured into sectors such as travel, fashion, and diagnostics.

As a non-banking financial company (NBFC), the company continues to operate in compliance with Reserve Bank of India regulations while maintaining a strong focus on customer-centric services and long-term value creation.

Investors can visit the nearest branch or access more details through the company’s official website.

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