ICL Fincorp Limited

ICL Fincorp Limited is an Indian company in the BFSI industry (formerly Irinjalakuda Credit and Leasing Company and Jawahar Finance Limited) with 31 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 11.5% to 12.5% a year. 19 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. Maturity dates run from 31 May 2027 to 2 Oct 2031. NSDL records all 31 whose terms it holds as secured. Latest credit ratings on record: CRISIL BBB- (Stable) (action dated 30 Jun 2026); Acuite BBB- (Stable) (action dated 9 Mar 2026). Verify current terms against the official documents linked on this page.

Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled

Issuer overview

Legal name
ICL Fincorp Limited
Formerly
Irinjalakuda Credit and Leasing Company; Jawahar Finance Limited
CIN
U65191TN1991PLC021815
LEI
3358003WZ4DISBNLP214
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE01CY
Outstanding bonds (ISINs)
31 (plus 2 matured)
Stated coupons (fixed rate)
11.5% – 12.5%
Maturity dates
31 May 2027 – 2 Oct 2031
Secured (NSDL)
31 of 31
Combined issue size of outstanding bonds
₹268 crore
Traded on
BSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

ICL Fincorp bonds: ISIN, coupon and maturity

31 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE01CY077W3 NCD 12% Yearly 31 May 2024 31 May 2027 ₹1,00,000 3.72 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY077Y9 NCD Cumulative At maturity 31 May 2024 31 May 2027 ₹1,00,000 0.63 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078B5 NCD 12% Yearly 25 Jun 2024 25 Jun 2027 ₹1,00,000 1.61 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078C3 NCD Cumulative At maturity 25 Jun 2024 25 Jun 2027 ₹1,00,000 1.34 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078F6 NCD 12% Yearly 23 Jul 2024 23 Jul 2027 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY078E9 NCD Cumulative At maturity 23 Jul 2024 23 Jul 2027 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CYA7435 NCD 12.5% Yearly 9 Jul 2026 9 Aug 2027 ₹10,000 25.00 Secured Guaranteed BSE Acuite BBB- 9 Mar 2026
INE01CY078I0 NCD 12% Yearly 19 Aug 2024 19 Aug 2027 ₹1,00,000 3.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY078H2 NCD Cumulative At maturity 19 Aug 2024 19 Aug 2027 ₹1,00,000 3.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079X7 NCD 12% Yearly 10 Jul 2025 10 Jul 2028 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079Y5 NCD Cumulative At maturity 10 Jul 2025 10 Jul 2028 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY078L4 NCD 12.25% Yearly 4 Oct 2024 4 Oct 2028 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY078M2 NCD Cumulative At maturity 4 Oct 2024 4 Oct 2028 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CYA7112 NCD 11.5% Yearly 8 Oct 2025 8 Oct 2028 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 7 Jul 2025
INE01CY079H0 NCD 12.25% Yearly 5 Mar 2025 5 Mar 2029 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079I8 NCD Cumulative At maturity 5 Mar 2025 5 Mar 2029 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079L2 NCD 12.25% Yearly 27 Mar 2025 27 Mar 2029 ₹1,00,000 6.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079M0 NCD Cumulative At maturity 27 Mar 2025 27 Mar 2029 ₹1,00,000 6.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CYA7450 NCD 12% Yearly 5 Aug 2026 5 Aug 2029 ₹10,000 50.00 Secured Guaranteed BSE Acuite BBB- 9 Mar 2026
INE01CYA7120 NCD Cumulative At maturity 8 Oct 2025 8 Oct 2029 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 7 Jul 2025
INE01CYA7559 NCD 12% Yearly 2 Nov 2026 2 Nov 2029 ₹10,000 40.00 Secured Guaranteed BSE CRISIL BBB- 30 Jun 2026
INE01CY077X1 NCD Cumulative At maturity 31 May 2024 31 Jan 2030 ₹1,00,000 0.64 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078A7 NCD Cumulative At maturity 25 Jun 2024 25 Feb 2030 ₹1,00,000 0.54 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078D1 NCD Cumulative At maturity 23 Jul 2024 23 Mar 2030 ₹1,00,000 5.00 Secured None recorded — Acuite BBB- 9 Mar 2026
INE01CY078G4 NCD Cumulative At maturity 19 Aug 2024 19 Apr 2030 ₹1,00,000 3.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY078K6 NCD Cumulative At maturity 4 Oct 2024 4 Jun 2030 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079G2 NCD Cumulative At maturity 5 Mar 2025 5 Nov 2030 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079J6 NCD Cumulative At maturity 27 Mar 2025 27 Nov 2030 ₹1,00,000 6.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CY079W9 NCD Cumulative At maturity 10 Jul 2025 10 Mar 2031 ₹1,00,000 10.00 Secured None recorded — CRISIL BBB- 8 Jul 2024
INE01CYA7104 NCD Cumulative At maturity 8 Oct 2025 8 Aug 2031 ₹1,00,000 5.00 Secured None recorded — CRISIL BBB- 7 Jul 2025
INE01CYA7138 NCD Cumulative At maturity 2 Dec 2025 2 Oct 2031 ₹1,000 12.26 Secured None recorded BSE CRISIL BBB- 7 Jul 2025
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Cumulative NCD · Credit rating.

ICL Fincorp credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CRISIL BBB- Stable New 30 Jun 2026 22 Verified by NSDL · Checked 7 Nov 2026
Acuite BBB- Stable Reaffirm 9 Mar 2026 17 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
30 Jun 2026 CRISIL BBB- Stable New
9 Mar 2026 Acuite BBB- Stable Reaffirm
27 Feb 2026 Acuite BBB- Stable Reaffirm
7 Jul 2025 CRISIL BBB- Stable New
27 Feb 2025 Acuite BBB- Stable Reaffirm
8 Jul 2024 CRISIL BBB- Stable New
29 Feb 2024 Acuite BBB- Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, Acuite

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
2 Nov 2026 INE01CYA7559 2 Nov 2029 Placement memorandum on BSE
5 Oct 2026 INE01CYA7450 5 Aug 2029 Placement memorandum on BSE
5 Aug 2026 INE01CYA7450 5 Aug 2029 Placement memorandum on BSE
9 Jul 2026 INE01CYA7435 9 Aug 2027 Placement memorandum on BSE
8 Oct 2025 INE01CYA7120 8 Oct 2029 Placement memorandum on BSE
8 Oct 2025 INE01CYA7104 8 Aug 2031 Placement memorandum on BSE
8 Oct 2025 INE01CYA7112 8 Oct 2028 Placement memorandum on BSE
10 Jul 2025 INE01CY079X7 10 Jul 2028 Placement memorandum on BSE
10 Jul 2025 INE01CY079Y5 10 Jul 2028 Placement memorandum on BSE
10 Jul 2025 INE01CY079W9 10 Mar 2031 Placement memorandum on BSE
27 Mar 2025 INE01CY079J6 27 Nov 2030 Placement memorandum on BSE
27 Mar 2025 INE01CY079L2 27 Mar 2029 Placement memorandum on BSE
27 Mar 2025 INE01CY079M0 27 Mar 2029 Placement memorandum on BSE
5 Mar 2025 INE01CY079H0 5 Mar 2029 Placement memorandum on BSE
5 Mar 2025 INE01CY079I8 5 Mar 2029 Placement memorandum on BSE
5 Mar 2025 INE01CY079G2 5 Nov 2030 Placement memorandum on BSE
4 Oct 2024 INE01CY078L4 4 Oct 2028 Placement memorandum on BSE
4 Oct 2024 INE01CY078M2 4 Oct 2028 Placement memorandum on BSE
4 Oct 2024 INE01CY078K6 4 Jun 2030 Placement memorandum on BSE
19 Aug 2024 INE01CY078I0 19 Aug 2027 Placement memorandum on BSE
19 Aug 2024 INE01CY078H2 19 Aug 2027 Placement memorandum on BSE
19 Aug 2024 INE01CY078G4 19 Apr 2030 Placement memorandum on BSE
23 Jul 2024 INE01CY078F6 23 Jul 2027 Placement memorandum on BSE
23 Jul 2024 INE01CY078E9 23 Jul 2027 Placement memorandum on BSE
23 Jul 2024 INE01CY078D1 23 Mar 2030 Placement memorandum on BSE
25 Jun 2024 INE01CY078B5 25 Jun 2027 Placement memorandum on BSE
25 Jun 2024 INE01CY078C3 25 Jun 2027 Placement memorandum on BSE
25 Jun 2024 INE01CY078A7 25 Feb 2030 Placement memorandum on BSE
31 May 2024 INE01CY077W3 31 May 2027 Placement memorandum on BSE
31 May 2024 INE01CY077V5 30 Jun 2025 Placement memorandum on BSE
31 May 2024 INE01CY077Z6 31 May 2026 Placement memorandum on BSE
31 May 2024 INE01CY077Y9 31 May 2027 Placement memorandum on BSE
31 May 2024 INE01CY077X1 31 Jan 2030 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

ICL Fincorp bonds: questions and answers

What bonds has ICL Fincorp Limited issued?

ICL Fincorp Limited has 31 outstanding bonds recorded on this page. By type, as described by NSDL: 31 NCDs. 2 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of ICL Fincorp Limited bonds?

Its 31 outstanding bonds each have their own ISIN, for example INE01CY077W3, INE01CY077Y9, INE01CY078B5. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE01CY.

What coupon rates do ICL Fincorp Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 11.5% to 12.5% a year on face value. 19 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do ICL Fincorp Limited bonds mature?

Its outstanding bonds have maturity dates from 31 May 2027 to 2 Oct 2031. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of ICL Fincorp Limited bonds?

NSDL India Bond Info records CRISIL BBB- (Stable) (action dated 30 Jun 2026); Acuite BBB- (Stable) (action dated 9 Mar 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are ICL Fincorp Limited bonds secured, unsecured or guaranteed?

NSDL records all 31 outstanding bonds whose terms it holds as secured. 3 are recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is ICL Fincorp Limited the same company as Irinjalakuda Credit and Leasing Company?

Yes. ICL Fincorp Limited was formerly known as Irinjalakuda Credit and Leasing Company and Jawahar Finance Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65191TN1991PLC021815.

Where can investors find the original disclosure documents for ICL Fincorp Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of ICL Fincorp Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

What is a cumulative bond?

A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.

Sources and dates

Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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