1. Company Information
ICL Fincorp Ltd. (IFL) was originally incorporated as Jawahar Finance Ltd., changed to Irinjalakuda Credits and Leasing Co. Ltd. and finally rechristened to the current name, is a non-deposit taking and a systemically important non-banking finance company (“NBFC”) in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the states of Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat and Maharashtra. It also provides loans against property, business loans and personal loans. It acquired Salem Erode Investments Ltd. in 2020.
As of March 31, 2025, it had a network of 293 branches, out of which majority of the branches are located in the southern states of India i.e., Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana, Odisha and in the western states of India i.e., Gujarat and Maharashtra.
2. Rating:
BBB-/Stable (pronounced as CRISIL triple B minus rating with Stable outlook) by CRISIL Ratings
Limited vide their rating letter dated July 08, 2025
3.ICL Fincorp NCD October 2025 Registrar
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
+91-44-28460390
https://ipo.cameoindia.com/