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The principal amount of the NCDs to be issued in terms of this Prospectus together with all interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of first ranking pari passu charge with Existing Secured Creditors, on all fixed assets (excluding immovable properties), current assets, including book debts, receivables, loans and advances and cash & bank balances (excluding reserves created in accordance with law and exclusive charge created in favour of secured charge holders in terms of their respective loan agreements/documents), both present and future of the Company. Our Company will create the security for the NCDs in favour of the Debenture Trustee for the Debenture Holders holding the NCDs on the assets to ensure 100.00% security over or higher of the amount outstanding including interest in respect of the NCDs at any time. |
| Issue Details |
| Issue Open |
31-Jul-2025-13-Aug-2025 |
| Security Name |
ICL FINCORP LIMITED |
| Security Type |
Secured Redeemable Non-Convertible Debentures |
| Issue Size (Base) .Cr |
50 |
| Over subscription |
An Option To Retain Oversubscription Up To Rs. 50 Crores Aggregating To Rs. 100 Crores. |
| Issue Price |
1000 |
| Face Value |
1000 |
| Market Lot |
1 |
| Credit Rating |
CRISIL BBB-/Stable by CRISIL |
| Tenor |
13 Months,24 Months,36 Months,60 Months,70 Months |
| Series |
Series1,Series2,Series3,Series4,Series5,Series6,Series7,Series8,Series9,Series10 |
| Payment Frequency |
Monthly,At the End,Annually |
| Objects of the Issue: |
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PUBLIC ISSUE BY OUR COMPANY OF 1000000 SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF RS. 1000 EACH, ("NCDS") AT PAR, FOR AN AMOUNT UP TO RS. 50 CRORE ("BASE ISSUE SIZE") WITH AN OPTION TO RETAIN OVERSUBSCRIPTION OF UP TO RS. 50 CRORE AGGREGATING UP TO RS. 100 CRORE. |
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| Company Promoters |
| Kuzhuppilly Govinda Menon Anilkumar |
| Umadevi Anilkumar |
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| Lead Managers |
| 1. VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
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| Registrar to the Issue |
| 1. CAMEO CORPORATE SERVICES LIMITED |
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