NCD News of ICL Fincorp Limited NCD November 2024

The public issue of ICL Fincorp Limited opens on Nov 11, 2024 and closes for subscription on Nov 25, 2024.

The ICL Fincorp Limited NCD November 2024 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.

ICL Fincorp Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹75.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹[.] Crores.

ICL Fincorp Limited is a non-deposit-taking and base layer non-banking finance company (NBFC) in the business of gold loans, which lends money against the pledge of household gold ornaments (gold loans) in the states of Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat and Maharashtra.

Allotment of the NCD's will be done on First Come First Serve Basis.

ICL Fincorp Limited NCD November 2024 is rated

CRISIL BBB-/Stable by CRISIL.

The issue opens on Nov 11, 2024 and closes for subscription on Nov 25, 2024. The shares of the company to be list at BSE.