ICL Fincorp Ltd., established in the year 1991 with a registration under The Companies Act 1956, was started of as a financial services providing company. In the year 1991, the company forayed into the non-banking financial sector (NBFC) with the approval of the Reserve Bank of India.
Today, ICL Fincorp, is one of the leading Gold Loan oriented Non-Banking Finance Companies (NBFC) in South India. Few decades back on a strong launching in Chennai and Kerala, ICL Fincorp has expanded its operations in terms of business volume and also geographical reach.
Today, ICL Fincorp has its branches spread across all five states in South India and is poised to spread its wings Pan India very soon. ICL Fincorp has also in its portfolio, other services like Vehicle Loans, Business Loans, Money Transfer, Forex, Travel, and Tourism, etc.
ICL Fincorp is based in Irinjalakuda, a town in Thrissur, the cultural capital of Kerala, their Head office is in Irinjalakuda which is known for its historical and cultural importance.
Since its inception, ICL Fincorp, has witnessed unparalleled growth under the leadership of its Chairman and Managing Director, Mr. K G Anilkumar.
It was by the sheer business acumen that Mr K G Anilkumar, acquired a Chennai based NBFC company, Jawahar Finance Company and thus forayed into Non-Banking Finance field by naming the company “Irinjalakuda Credits and Leasing Company Limited” in the year 1991, with the approval of Reserve Bank of India.
The timing was perfect, with the general finance cum chity companies were facing increasing regulatory hurdles from state authorities. Many such companies became non-viable and faced closure. NBFC companies were in the right place to tap into the vast potential from Gold loan and other loan requirements from general public.
ICL Fincorp’s first branch was established at a small town called Annamanada in Thrissur District on 20/4/2013. Since then, ICL Fincorp has maintained consistent and rapid growth. Today, ICL Fincorp has over 179 branches spread across South India.
ICL Fincorp has set a tall aim to achieve a total of 1000 branches all across India by the end of the year 2023.
With the pan India ambition in mind, the company changed name to “ICL Fincorp Ltd” (formerly, Irinjalakuda Credits and Leasing Co. Ltd) to be in tune with the Group’s ambitious plans to spread across India.
As an organization, ICL Fincorp has a presence through its branches across six states in India, viz. Kerala, Tamil Nadu, Karnataka, Telengana and Andhra Pradesh, and Odisha. The ICL Group consists of other concerns viz. , ICL Tour and Travels P.Ltd, ICL Tours and Travels LLC, ICL Medilab P Ltd, ICL Cultural and charitable trust Snow View Tex Collections P Ltd, ICL Nidhi Ltd.
ICL Fincorp Services:
ICL Fincorp Key Parameters:
Source: ICL Fincorp Annual Report FY 2020-21
ICL Fincorp Presence:
Source: ICL Fincorp Annual Report FY 2020-21. Map is for graphical representation only.
ICL Fincorp Management:
| Name | Designation |
|---|---|
| Mr. K G Anilkumar | Chairman & Managing Director |
| Mrs.Uma Anilkumar | Whole Time Director |
| Mr.A A Balan | Independent Director |
| Mr. K K Wilson | Director |
| Mr.Shinto Stanley | Independent Director |
| Mr.Sreejith S Pillai | Director |
| Mr. Natarajan R | Chief Financial Officer |
| Name | ICL Fincorp Limited Unlisted Shares |
|---|---|
| Former Name | Irinjalakuda Credit And Leasing Company |
| Face Value | ₹ 10 |
| ISIN Code | INE01CY01013 |
| Available in Depository | CDSL & NSDL |
| PAN | AAACJ1806C |
| Lot Size | 1000 Shares |
| Current Unlisted Share Price | ₹ 25 Per Equity Share |
| Particulars | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|
| Interest Income | 74.13 | 57.76 | 48.88 |
| Revenue from other Financial Services | 0.46 | 0.06 | 0.13 |
| Other Income | 1.75 | 0.14 | 0.40 |
| Total Revenue | 76.34 | 57.98 | 49.42 |
| Total Expenses | 72.12 | 57.20 | 49.03 |
| Profit/(Loss) before Tax | 4.22 | 0.77 | 0.39 |
| Profit After Tax | 2.79 | 0.45 | 0.014 |
| EPS (In INR) | 0.63 | 0.12 | 0.00 |
*Rates mentioned in the chart are indicative.
The trend indicator above has been derived from the current demand/supply of Adtech Systems Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares: 4,43,34,952 (As per Annual Report FY 2020-21)
Market Cap Scenarios:
At 20 Rs/Share, ICL Fincorp Unlisted Shares values the company at approx. Rs. 88.6 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICL Fincorp unlisted shares.
At 25 Rs/Share, ICL Fincorp Unlisted Shares values the company at approx. Rs. 110.8 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICL Fincorp unlisted shares.
At 30 Rs/Share, ICL Fincorp Unlisted Shares values the company at approx. Rs. 133 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICL Fincorp unlisted shares.
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