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Agency Rating
BBB- (CRISIL)
Most common current rating on senior bonds
10 of 20 rated · CRISIL, 31 Oct 2025
Total Debt Outstanding
₹949 Cr
Across 166 instruments
Active Bonds
166
First Issue
27 Jan 2021
Latest Issue
30 Oct 2026
Maturity Range
2026 - 2032
Issuer health card
1 item to look at
- Current ratings CRISIL BBB-, CRISIL BBB, CRISIL AAA
- Rating range Current ratings range from BBB- (Acuité 31 Jul 2026, CRISIL 31 Oct 2025) to AAA (CRISIL 30 Apr 2025)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 31 Aug 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 3 of 166 active bonds had an exchange trade
- Exchange filings, 90 days 0 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
Alerts about ICL Fincorp Limited
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Alert me about ICL Fincorp Limited
An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.
Sector
Financial Services
Issuer Type
NBFC
First Tracked Bond
27 Jan 2021
Start of this issuer's debt program timeline
- 166 active bonds tracked from this issuer.
- 164 of 164 tracked bonds with a stated security status are secured. (based on 164 bonds with a disclosed security status)
- Most recent rating action: initial by CRISIL on 30 Jun 2026.
ICL Fincorp Limited is an NBFC in the Financial Services sector. Coupon rates on outstanding bonds range from 10.00% - 13.66%, paid at maturity. Bonds mature between 2026 - 2032.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Outstanding Bonds
166
Tracked by RetailBonds
Amount Tracked
₹949 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 163 of 166 bonds)
Avg Coupon
12.35%
Range 10.00% - 13.66%
Avg Remaining Tenure
1.8 Yrs
Nearest maturity Nov 2026
Secured
100%
164 of 164 bonds with known status
Callable
0
Of 166 bonds
Avg Spread vs G-Sec
+738 bps
Credit premium, from 1 bond with a current market yield
Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (50 bonds).
Security Type / Instrument Mix
- NCD 166 bonds · 100% · ₹949 Cr tracked
Funding Evolution
■ Issued that year
— Cumulative outstanding (tracked)
Based on 163 of 166 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
- AAA 1 bond · 1%
- BBB 104 bonds · 63%
- Below BBB 28 bonds · 17%
- Unrated 33 bonds · 20%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | BBB- | Stable | 9 |
| CRISIL | BBB | Stable | 8 |
| Acuité | BBB | — | 1 |
| Acuité | BBB- | Stable | 1 |
| CRISIL | AAA | Stable | 1 |
| CRISIL | BBB- | — | 52 |
| Acuité | BBB- | — | 29 |
| Infomerics | BB+ | — | 15 |
| Brickwork | BB+ | — | 13 |
| Brickwork | BBB+ | — | 4 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE01CY07QX8 | ICL Fincorp 13.66% Nov 2026 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2026-11-18 | — | — | |
| INE01CY078O8 | ICL Fincorp 11.50% Dec 2026 NCD | 11.50% | BBB- (CRISIL, NSDL record 2024) | 2026-12-02 | — | — | |
| INE01CY078U5 | ICL Fincorp 11.75% Dec 2026 NCD | 11.75% | BBB- (CRISIL, NSDL record 2024) | 2026-12-02 | — | — | |
| INE01CY078S9 | ICL Fincorp Dec 2026 NCD | — | BBB- (CRISIL, NSDL record 2024) | 2026-12-02 | — | — | |
| INE01CY07RW8 | ICL Fincorp 13.66% Dec 2026 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2026-12-09 | — | — | |
| INE01CY077C5 | ICL Fincorp 12.25% Dec 2026 NCD | 12.25% | BBB- (Acuité, NSDL record 2023) | 2026-12-14 | — | — | |
| INE01CY077B7 | ICL Fincorp 12.00% Dec 2026 NCD | 12.00% | BBB- (Acuité, NSDL record 2023) | 2026-12-14 | — | — | |
| INE01CY077J0 | ICL Fincorp 12.50% Dec 2026 NCD | 12.50% | BBB- (Acuité, NSDL record 2023) | 2026-12-14 | — | — | |
| INE01CY07SJ3 | ICL Fincorp 13.66% Dec 2026 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2026-12-23 | — | — | |
| INE01CYA7229 | ICL Fincorp 10.50% Jan 2027 NCD | 10.50% | BBB- (CRISIL, NSDL record 2025) | 2027-01-02 | — | — | |
| INE01CYA7146 | ICL Fincorp Jan 2027 NCD | — | BBB- (CRISIL, NSDL record 2025) | 2027-01-02 | — | — | |
| INE01CY07SV8 | ICL Fincorp 13.66% Jan 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-01-06 | — | — | |
| INE01CY07RJ5 | ICL Fincorp 13.66% Jan 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-01-26 | — | — | |
| INE01CY078Z4 | ICL Fincorp 11.50% Jan 2027 NCD | 11.50% | BBB- (CRISIL, NSDL record 2024) | 2027-01-27 | — | — | |
| INE01CY079F4 | ICL Fincorp 11.75% Jan 2027 NCD | 11.75% | BBB- (CRISIL, NSDL record 2024) | 2027-01-27 | — | — | |
| INE01CY079C1 | ICL Fincorp Jan 2027 NCD | — | BBB- (CRISIL, NSDL record 2024) | 2027-01-27 | — | — | |
| INE01CY07TI3 | ICL Fincorp 13.66% Feb 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-02-08 | — | — | |
| INE01CY07TV6 | ICL Fincorp 13.66% Feb 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-02-23 | — | — | |
| INE01CY07UI1 | ICL Fincorp 13.66% Mar 2027 NCD | 13.66% | BBB+ (Brickwork, NSDL record 2020) | 2027-03-08 | — | — | |
| INE01CYA7245 | ICL Fincorp 10.00% Mar 2027 NCD | 10.00% | BBB- (CRISIL, NSDL record 2025) | 2027-03-23 | — | — | |
| INE01CYA7286 | ICL Fincorp Mar 2027 NCD | — | BBB- (CRISIL, NSDL record 2025) | 2027-03-23 | — | — | |
| INE01CY07UV4 | ICL Fincorp 13.66% Mar 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-03-27 | — | — | |
| INE01CY07VH1 | ICL Fincorp 13.66% Apr 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-04-13 | — | — | |
| INE01CY077N2 | ICL Fincorp Apr 2027 NCD | — | BBB- (Acuité, NSDL record 2024) | 2027-04-19 | — | — | |
| INE01CY077R3 | ICL Fincorp 12.00% Apr 2027 NCD | 12.00% | BBB- (Acuité, NSDL record 2023) | 2027-04-19 | — | — | |
| INE01CY077M4 | ICL Fincorp 12.25% Apr 2027 NCD | 12.25% | BBB- (Acuité, NSDL record 2024) | 2027-04-19 | — | — | |
| INE01CY07WH9 | ICL Fincorp 13.66% May 2027 NCD | 13.66% | BBB+ (Brickwork, NSDL record 2020) | 2027-05-03 | — | — | |
| INE01CY079U3 | ICL Fincorp 11.50% May 2027 NCD | 11.50% | BBB- (CRISIL, NSDL record 2024) | 2027-05-16 | — | — | |
| INE01CY079Q1 | ICL Fincorp May 2027 NCD | — | BBB- (CRISIL, NSDL record 2024) | 2027-05-16 | — | — | |
| INE01CY079P3 | ICL Fincorp 11.75% May 2027 NCD | 11.75% | BBB- (CRISIL, NSDL record 2024) | 2027-05-16 | — | — | |
| INE01CYA7401 | ICL Fincorp May 2027 NCD | — | BBB- (Acuité, NSDL record 2026) | 2027-05-28 | — | — | |
| INE01CYA7369 | ICL Fincorp 10.00% May 2027 NCD | 10.00% | BBB- (Acuité, NSDL record 2026) | 2027-05-28 | — | — | |
| INE01CY07VU4 | ICL Fincorp 13.66% May 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-05-30 | — | — | |
| INE01CY077W3 | ICL Fincorp 12.00% May 2027 NCD | 12.00% | BBB- (Acuité, NSDL record 2024) | 2027-05-31 | — | — | |
| INE01CY077Y9 | ICL Fincorp May 2027 NCD | — | BBB- (Acuité, NSDL record 2024) | 2027-05-31 | — | — | |
| INE01CY078C3 | ICL Fincorp Jun 2027 NCD | — | BBB- (Acuité, NSDL record 2024) | 2027-06-25 | — | — | |
| INE01CY078B5 | ICL Fincorp 12.00% Jun 2027 NCD | 12.00% | BBB- (Acuité, NSDL record 2024) | 2027-06-25 | — | — | |
| INE01CY07WT4 | ICL Fincorp 13.66% Jun 2027 NCD | 13.66% | BBB+ (Brickwork, NSDL record 2020) | 2027-06-28 | — | — | |
| INE01CY07XG9 | ICL Fincorp 13.66% Jul 2027 NCD | 13.66% | BBB+ (Brickwork, NSDL record 2020) | 2027-07-17 | — | — | |
| INE01CY078E9 | ICL Fincorp Jul 2027 NCD | — | BBB- (Acuité, NSDL record 2024) | 2027-07-23 | — | — | |
| INE01CY078F6 | ICL Fincorp 12.00% Jul 2027 NCD | 12.00% | BBB- (Acuité, NSDL record 2024) | 2027-07-23 | — | — | |
| INE01CY07XT2 | ICL Fincorp 13.66% Aug 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-08-07 | — | — | |
| INE01CYA7435 | ICL Fincorp 12.50% Aug 2027 NCD | 12.50% | BBB- (Acuité) | 2027-08-09 | 14.30% | 2026-11-03 | |
| INE01CY078I0 | ICL Fincorp 12.00% Aug 2027 NCD | 12.00% | BBB- (CRISIL) | 2027-08-19 | — | — | |
| INE01CY078H2 | ICL Fincorp Aug 2027 NCD | — | BBB- (CRISIL) | 2027-08-19 | — | — | |
| INE01CYA7021 | ICL Fincorp 11.00% Aug 2027 NCD | 11.00% | BBB- (CRISIL, NSDL record 2025) | 2027-08-20 | — | — | |
| INE01CYA7039 | ICL Fincorp 11.25% Aug 2027 NCD | 11.25% | BBB- (CRISIL, NSDL record 2025) | 2027-08-20 | — | — | |
| INE01CYA7062 | ICL Fincorp Aug 2027 NCD | — | BBB- (CRISIL, NSDL record 2025) | 2027-08-20 | — | — | |
| INE01CY07YG7 | ICL Fincorp 13.66% Aug 2027 NCD | 13.66% | BB+ (Brickwork, NSDL record 2020) | 2027-08-21 | — | — | |
| INE01CY07ZF6 | ICL Fincorp 13.66% Sep 2027 NCD | 13.66% | — | 2027-09-12 | — | — |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
More bonds from this issuer (85)
- ICL Fincorp 13.66% Sep 2027 NCD · INE01CY07ZR1
- ICL Fincorp 11.00% Dec 2027 NCD · INE01CYA7203
- ICL Fincorp Dec 2027 NCD · INE01CY078T7
- ICL Fincorp 11.25% Dec 2027 NCD · INE01CYA7153
- ICL Fincorp Dec 2027 NCD · INE01CYA7211
- ICL Fincorp 12.00% Dec 2027 NCD · INE01CY078P5
- ICL Fincorp 12.25% Dec 2027 NCD · INE01CY078V3
- ICL Fincorp 12.25% Jan 2028 NCD · INE01CY078Y7
- ICL Fincorp Jan 2028 NCD · INE01CY079D9
- ICL Fincorp 12.00% Jan 2028 NCD · INE01CY079A5
- ICL Fincorp 13.01% Feb 2028 NCD · INE01CY07B51
- ICL Fincorp 10.50% Feb 2028 NCD · INE01CYA7252
- ICL Fincorp 10.75% Feb 2028 NCD · INE01CYA7310
- ICL Fincorp Feb 2028 NCD · INE01CYA7302
- ICL Fincorp 10.75% Apr 2028 NCD · INE01CYA7427
- ICL Fincorp Apr 2028 NCD · INE01CYA7344
- ICL Fincorp 10.50% Apr 2028 NCD · INE01CYA7393
- ICL Fincorp May 2028 NCD · INE01CY079O6
- ICL Fincorp 12.25% May 2028 NCD · INE01CY079V1
- ICL Fincorp 12.00% May 2028 NCD · INE01CY079T5
- ICL Fincorp Jul 2028 NCD · INE01CY079Y5
- ICL Fincorp 12.00% Jul 2028 NCD · INE01CY079X7
- ICL Fincorp 13.01% Aug 2028 NCD · INE01CY07Q70
- ICL Fincorp 11.75% Aug 2028 NCD · INE01CYA7096
- ICL Fincorp Aug 2028 NCD · INE01CYA7070
- ICL Fincorp 11.50% Aug 2028 NCD · INE01CYA7088
- ICL Fincorp 13.01% Aug 2028 NCD · INE01CY07Q88
- ICL Fincorp 13.01% Sep 2028 NCD · INE01CY07U82
- ICL Fincorp 12.25% Oct 2028 NCD · INE01CY078L4
- ICL Fincorp Oct 2028 NCD · INE01CY078M2
- ICL Fincorp 13.01% Oct 2028 NCD · INE01CY07U25
- ICL Fincorp 11.50% Oct 2028 NCD · INE01CYA7112
- ICL Fincorp 13.01% Oct 2028 NCD · INE01CY07W23
- ICL Fincorp 13.01% Nov 2028 NCD · INE01CY07X89
- ICL Fincorp 13.01% Nov 2028 NCD · INE01CY07Y70
- ICL Fincorp 13.01% Nov 2028 NCD · INE01CY070A4
- ICL Fincorp Dec 2028 NCD · INE01CYA7187
- ICL Fincorp 11.75% Dec 2028 NCD · INE01CYA7179
- ICL Fincorp 11.50% Dec 2028 NCD · INE01CYA7195
- ICL Fincorp 13.01% Dec 2028 NCD · INE01CY070C0
- ICL Fincorp 12.50% Dec 2028 NCD · INE01CY077E1
- ICL Fincorp 13.01% Dec 2028 NCD · INE01CY070Y4
- ICL Fincorp 13.01% Jan 2029 NCD · INE01CY071C8
- ICL Fincorp 13.01% Jan 2029 NCD · INE01CY071W6
- ICL Fincorp 13.01% Feb 2029 NCD · INE01CY072G7
- ICL Fincorp 13.01% Feb 2029 NCD · INE01CY072R4
- ICL Fincorp 11.25% Feb 2029 NCD · INE01CYA7328
- ICL Fincorp 11.00% Feb 2029 NCD · INE01CYA7260
- ICL Fincorp Feb 2029 NCD · INE01CYA7294
- ICL Fincorp 12.25% Mar 2029 NCD · INE01CY079H0
- ICL Fincorp ZC Mar 2029 NCD · INE01CY079I8
- ICL Fincorp 12.25% Mar 2029 NCD · INE01CY079L2
- ICL Fincorp ZC Mar 2029 NCD · INE01CY079M0
- ICL Fincorp 12.50% Apr 2029 NCD · INE01CY077P7
- ICL Fincorp 11.25% Apr 2029 NCD · INE01CYA7351
- ICL Fincorp Apr 2029 NCD · INE01CYA7419
- ICL Fincorp 11.00% Apr 2029 NCD · INE01CYA7377
- ICL Fincorp 12.00% Aug 2029 NCD · INE01CYA7450
- ICL Fincorp Aug 2029 NCD · INE01CY077K8
- ICL Fincorp 12.25% Oct 2029 NCD · INE01CYA7120
- ICL Fincorp 12.00% Oct 2029 NCD · INE01CYA7559
- ICL Fincorp 12.50% Dec 2029 NCD · INE01CY078R1
- ICL Fincorp Dec 2029 NCD · INE01CY077Q5
- ICL Fincorp 12.50% Jan 2030 NCD · INE01CY079B3
- ICL Fincorp Jan 2030 NCD · INE01CY077X1
- ICL Fincorp Feb 2030 NCD · INE01CY078A7
- ICL Fincorp Mar 2030 NCD · INE01CY078D1
- ICL Fincorp Apr 2030 NCD · INE01CY078G4
- ICL Fincorp 12.50% May 2030 NCD · INE01CY079S7
- ICL Fincorp Jun 2030 NCD · INE01CY078K6
- ICL Fincorp Aug 2030 NCD · INE01CY078J8
- ICL Fincorp 12.00% Aug 2030 NCD · INE01CYA7047
- ICL Fincorp Sep 2030 NCD · INE01CY078W1
- ICL Fincorp ZC Nov 2030 NCD · INE01CY079G2
- ICL Fincorp ZC Nov 2030 NCD · INE01CY079J6
- ICL Fincorp 12.00% Dec 2030 NCD · INE01CYA7161
- ICL Fincorp Jan 2031 NCD · INE01CY079K4
- ICL Fincorp 11.50% Feb 2031 NCD · INE01CYA7278
- ICL Fincorp Mar 2031 NCD · INE01CY079W9
- ICL Fincorp 11.50% Apr 2031 NCD · INE01CYA7385
- ICL Fincorp Jun 2031 NCD · INE01CY079Z2
- ICL Fincorp 12.60% Aug 2031 NCD · INE01CYA7104
- ICL Fincorp Oct 2031 NCD · INE01CYA7138
- ICL Fincorp Feb 2032 NCD · INE01CYA7237
- ICL Fincorp Apr 2032 NCD · INE01CYA7336
Last 30 days, across all outstanding bonds from this issuer.
BSE Traded Value (Last 30 Days)
—
Number of Trades (Last 30 Days)
26
Avg. Yield (Last 30 Days)
13.97%
Credit Rating Rationale
CRISIL Rating Rationale
30 Jun 2026
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 133 | 2026-08-31 |
| Rating Actions History | 1 | 2026-06-30 |
| Secondary-Market Trades | 36 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 0 | — |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does ICL Fincorp Limited have?
ICL Fincorp Limited currently has 166 active bonds with coupons of 10.00% - 13.66%, maturities spanning 2026 - 2032.
What is ICL Fincorp Limited's credit rating?
The most common current rating on ICL Fincorp Limited's senior bonds is BBB- (CRISIL). Ratings on file come from Acuité, CRISIL.
Are ICL Fincorp Limited's bonds secured?
Of the 164 bonds with a disclosed security status, 164 are secured (100%) and 0 are unsecured.
When do ICL Fincorp Limited's bonds mature?
ICL Fincorp Limited's active bonds mature between 2026 - 2032; the nearest matures in Nov 2026; the average tenure is 1.8 Yrs.
What is the average coupon on ICL Fincorp Limited's bonds?
The average coupon across ICL Fincorp Limited's 166 active bonds is 12.35%.
Disclaimer: This page aggregates publicly available data about ICL Fincorp Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.