The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is Crisil Ratings Limited.
Calculate your payout
Units0
You invest₹0
You get₹0
Payout calculator is currently unavailable
About
ICL Fincorp Limited is a non-deposit-taking middle-layer non-banking finance company (NBFC) operating in the gold loan sector.
It offers loans against household gold jewellery (“Gold Loans”) in Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Odisha, Gujarat, and Maharashtra. Additionally, it provides property, business, and personal loans.
The Company provides Gold Loans to middle-class individuals, focusing on customer-centricity, efficiency, and seamless financial services.;
Other details
Nature of instrumentSecured, Redeemable, Non-Convertible Debentures
Yield--
Placement typePublic Issue
Coupon type--
SenioritySenior
Name of debenture trusteeMITCON Credentia Trusteeship Services Limited