ICL Fincorp has announced the launch of its latest public issue
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.
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.
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...