ICL Fincorp has announced the launch of its secured, redeemable Non-Convertible Debenture (NCD) issue, opening on April 10, 2026, offering an effective yield of up to 12.25%, positioning it as a high-yield fixed income instrument for retail investors.
The issue provides multiple investment options across tenures of 13, 24, 36, 60, and 72 months, with monthly, annual, and cumulative interest payout choices, enabling investors to align returns with their income preferences.
Each NCD carries a face value of ₹1,000, with a minimum investment threshold of ₹10,000, making the offering accessible to a broad base of investors seeking predictable returns.
The NCDs are rated CRISIL BBB-/Stable, indicating moderate credit risk with stable outlook, and are designed to support the company’s growth and funding requirements.
The issue is scheduled to close on April 24, 2026, unless closed earlier on full subscription.
