ICL Fincorp Limited Unlisted Shares

Buy

₹ 18

Sell

₹ 25.5

Company Overview

ICL Fincorp Ltd., established in 1991 is registered under The Companies Act 1956, started as a financial services-providing company.  During 1991, the company stepped into the NBFC business with the approval of the RBI. Today, ICL Fincorp, is one of the leading gold loan-based NBFC company based from South India. 

After strong launching from Chennai and Kerala, ICL Fincorp has now expanded its operations in terms of business volume and also geographical reach. Today, the Company has its branches spread across all five states in South India and is poised to spread its wings Pan India very soon. The company is also engaged in the other loan products and services like Vehicle Loans, Business Loans, Money Transfer, Forex, Travel, and Tourism, etc. The company is based in Irinjalakuda, a town in Thrissur, the cultural capital of Kerala and its head office is at Irinjalakuda.

Since its inception, ICL Fincorp, has registered huge growth under the leadership of its Chairman and MD, Mr. K G Anilkumar. It was the sheer business acumen that Mr K G Anilkumar, acquired a Chennai based NBFC company, Jawahar Finance Company, and thus forayed into gold-loan based NBFC field by naming the company “Irinjalakuda Credits and Leasing Company Limited” in the year 1991, with the approval of RBI. 

The company’s first branch was established in a small town called Annamanada in Thrissur District on 20-April-2013. Since then, the company has maintained consistent and rapid growth. Today, the company has over 236 branches spread across South India and about to touch a total of 1000 branches all across India by 2023. 

The registered office of the company is located at: No.61/1, VGP Complex First Avenue, Ashok Nagar, Chennai 

Board of Directors of ICL Fincorp

Mr. P. B. Panda Managing Director

Key Business Highlights

  • Undervalued NBFC stock currently trading at very low share price
  • High business growth during the last 5 years. 
  • Diversified business model with both retail and commercial lending products, having presence in over 1000 branches over whole India and nearly 98% of the loan portfolio is secured.
  • Very low NPA ratio of the company.  

Ratio

RatioFY22FY21
Operating Margin47%48%
Net Profit Margin3%4%
Return on Equity 3%4%
Debt-Equity3.662.78
Current Ratio1.081.15
Dividend Payout0%0%

Financial Highlights

Particulars2021-222020-212019-202018-19
Total Income (₹ Crores) 89.4376.3557.9849.43
PAT (₹ Crores) 2.712.800.450.01
Diluted EPS 0.610.630.120.00
Book Value per Share (₹) 18.2717.7417.1414.71
Equity (₹ Crores) 80.9978.6575.9752.84

Financial Charts

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Shareholding Pattern

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Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
ICL Fincorp Ltd1133%48%3%3.6641.801.4018.27
Manappuram Finance Ltd987322%21%16%2.887.231.1599.06
Mangal Credit and Fincorp Ltd2278%14%8%0.7514.261.1052.71

Media Updates

Frequently Asked Questions 

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the ICL Fincorp unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. 

When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

 

The ICL Fincorp shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for ICL Fincorp Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

 

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Before IPO, there is no restriction on sale and transfer of your ICL Fincorp unlisted shares. 

But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.  

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell ICL Fincorp unlisted shares just like domestic investors. But their investment is on a non-repatriable basis. 

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