ICL Fincorp Limited
- Unlisted share
- Financial Services
- ISIN INE01CY01013
At a glance
Income
FY26
₹244 Cr
+27.2%on FY25What the company earned in the year, before its costs.
Profit
FY26
₹4.28 Cr
+75.4%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹164 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹167 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- ICL Fincorp Limited
- ISIN
- INE01CY01013
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹21.78
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About ICL Fincorp Limited
ICL Fincorp is an RBI-registered non-banking finance company whose main business is lending against gold jewellery, alongside vehicle, business and MSME loans, through a network of about 309 branches. Its registered office is in Chennai and it is run from Irinjalakuda in Kerala. It is controlled by Chairman and Managing Director K. G. Anilkumar and his wife Umadevi Anilkumar, funds itself largely through non-convertible debentures sold to the public, and has a listed NBFC subsidiary, Salem Erode Investments.
Written from: iclfincorp.com
Listing status. Equity shares are not listed; the company's public-issue non-convertible debentures are listed on BSE ICL Fincorp annual report 2025-26
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Financial Services
- ISIN
- INE01CY01013
- Year of incorporation
- 1991
- Registered office
- Chennai, Tamil Nadu
- Promoters
- K. G. Anilkumar (Chairman and Managing Director), stated to hold 33.41% of the voting power, and his wife Umadevi Anilkumar (Whole-time Director & CEO), stated to hold 13.95%
- Key people
- Chairman and Managing Director: K. G. Anilkumar; Whole-time Director & CEO: Umadevi Anilkumar; CFO: Madhavankutty T.; Company Secretary: Visakh T. V.
- Face value per equity share
- ₹10
- Equity shares outstanding
- 7,54,64,942 shares
- CIN
- U65191TN1991PLC021815
- Official website
- iclfincorp.com
Read from: ICL Fincorp annual report 2025-26, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
31.6×
At this price you pay ₹31.6 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
0.99×
At this price you pay ₹0.99 for every ₹1 of net worth on the company's books.
Return on equitycalculated
2.6%
For every ₹100 of the owners' money, the company made ₹2.6 of profit in the year.
Debt to equitycalculated
0.9×
The company has borrowed ₹0.9 for every ₹1 of its owners' money.
- Indicative price
- ₹21.78
- Market valuecalculated
- ₹164 Cr
- price × shares
- No. of shares
- 7,54,64,942
- EPS
- ₹0.69
- Book value per share
- ₹22.08
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
ICL Fincorp Limited. As published in the company's audited reports. GrowFast has not audited them.
Income, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹113 Cr to ₹244 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹3.04 Cr to ₹4.28 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Other income | -0.44 | 2.54 | 1.66 | 0.17▼90% |
| Total income | 112.64 | 145.69 | 191.69 | 243.74▲27% |
| Depreciation and amortisation | 11.02 | 13.23 | 15.07 | 16.17▲7% |
| Finance costs | 47.06 | 56.74 | 71.75 | 101.24▲41% |
| Profit before tax | 4.24 | 1.05 | 5.1 | 6.61▲30% |
| Profit for the year | 3.04 | 0.08 | 2.44 | 4.28▲75% |
| Basic EPS (₹) | 0.64 | 0.02 | 0.44 | 0.69▲57% |
| Gross NPA (as stated in the directors' report) (%) | n/a | n/a | n/a | 0.44 |
| Interest income | 112.19 | 142.4 | 189.28 | 242.74▲28% |
Rupees crore unless marked, consolidated, standalone. The change shown is the latest year against the year before. Read from: ICL Fincorp annual report 2023-24, ICL Fincorp annual report 2025-26.
Credit rating. ACUITE BBB-/Stable (Acuite; NCDs, bonds and bank loan facilities; 9 March 2026); CRISIL BBB-/Stable (CRISIL; bank loan facilities ₹150 crore and NCDs; reaffirmed 7 July 2025); IVR BB-/Negative (Infomerics; term loans; 26 February 2026) (as listed in the FY2025-26 annual report) ICL Fincorp annual report 2025-26
Ownership
Shareholding pattern
Who owns the company
As of as stated in the 35th AGM notice (2026)
33.4%K. G. Anilkumar (promoter, Chairman and Managing Director)
- Largest holder
- 33.4%
- Top 2 together
- 47.4%
- Holders named
- 2
- K. G. Anilkumar (promoter, Chairman and Managing Director)33.41%
- Umadevi Anilkumar (promoter, Whole-time Director & CEO)13.95%
- Total47.36%
Read from: ICL Fincorp annual report 2025-26
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 23 Mar 202684,90,220 shares allotted at ₹25; the three FY2025-26 allotments together raised about ₹43.2 crore for 1,72,79,059 shares. | Rights issue | Equity shares | ₹25 | ₹21 Cr |
| 30 Dec 202546,08,420 shares allotted at ₹25 in the second rights allotment of the year. | Rights issue | Equity shares | ₹25 | ₹12 Cr |
| 30 Sept 202541,80,419 shares allotted at ₹25 (₹10 face value plus ₹15 premium). | Rights issue | Equity shares | ₹25 | ₹10 Cr |
Read from: ICL Fincorp annual report 2025-26
Leadership
Management
K. G. Anilkumar
Chairman and Managing Director
Umadevi Anilkumar
Whole-time Director & CEO
Madhavankutty T.
Chief Financial Officer
Visakh T. V.
Company Secretary & Compliance Officer
E. K. Harikumar
Whole-time Director
Dr. Rajashree Ajith
Whole-time Director
Shinto Stanly
Independent Director
A. A. Balan
Independent Director
K. K. Wilson
Non-Executive Director
Read from: ICL Fincorp annual report 2025-26
Corporate calendar
Events
- 30 Sept 2026AGM35th annual general meeting: FY2025-26 accounts and a final dividend of ₹0.50 per share put to membersOpen
- 23 Mar 2026Share issueThird rights allotment of FY2025-26 (84.9 lakh shares at ₹25)Open
- 9 Mar 2026Credit ratingAcuite reaffirmed ACUITE BBB-/Stable on NCDs and bonds and assigned the same rating to bank loan facilitiesOpen
- 7 Jul 2025Credit ratingCRISIL reaffirmed CRISIL BBB-/Stable on bank loan facilitiesOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about ICL Fincorp Limited on WhatsAppIs the price shown for ICL Fincorp Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my ICL Fincorp Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell ICL Fincorp Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Similar stocks
More in Financial Services
Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by ICL Fincorp Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.