Join our Whatsapp Community for Daily Price Sheets and News

ICL FINCORP: Three Decades of Trust and Expansion Usher in a Bright Future

Neha Sharma
2 min read
icl-fincorp-limited-unlisted-sharesMore about ICL Fincorp Limited Unlisted Shares
ICL FINCORP: Three Decades of Trust and Expansion Usher in a Bright Future
ICL FINCORP: Three Decades of Trust and Expansion Usher in a Bright Future

ICL FINCORP celebrates over 30 years of trustworthy service, marked by strategic expansion and innovative financial solutions. The company's commitment to customer growth and empowerment positions it for continued success and positive impact.

ICL FINCORP is celebrating over three decades as a leading non-banking financial company (NBFC), earning the unwavering trust of its customers through a commitment to quality and innovation. The company's strategic initiatives, including expanding its ATM network and tailoring financial solutions to meet evolving customer needs, signal a bright future for the organization and those it serves.

Headquartered in Irinjalakuda, ICL FINCORP has established itself as a towering presence in the NBFC sector. Central to its success is a customer-centric approach, prioritizing the growth and prosperity of its clientele. This focus has driven the development of new-age schemes, including quick and competitive gold loans, the Mahila Suraksha initiative for women's empowerment, and accessible business loans.

Recognizing the importance of accessibility, ICL FINCORP is significantly expanding its ATM network. The company inaugurated its first ATM facility in Irinjalakuda, with plans to establish ATMs at all of its branches by the end of the 2022-23 financial year. This initiative, powered by Yes Bank and EWIRE Softtech Pvt. Ltd, reflects ICL FINCORP’s dedication to providing user-friendly services and modern banking solutions.

The company's commitment to quality and customer satisfaction is further demonstrated by its expansion into GCC (Gulf Cooperation Council) countries and several Indian states. With over 250 branches already established, ICL FINCORP plans to open an additional 100 branches, extending its reach and impact even further. This growth reflects not only the company's success but also its unwavering commitment to serving a broader community.

"For 31 years, our focus has been on providing trustworthy service and extending our footprint to better serve our customers," a company spokesperson shared. "We believe that by continuously innovating and expanding our services, we can contribute to the financial well-being and prosperity of individuals and businesses alike."

Looking ahead, ICL FINCORP is poised for continued growth and success, fueled by its unwavering commitment to customer satisfaction, innovative financial solutions, and strategic expansion initiatives. The company's dedication to providing quality and trustworthy service positions it as a key player in the NBFC sector, contributing to the financial empowerment of communities across India and beyond.

Share this article:
Back to All News

Our Blogs

Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.

FAQ's

What are unlisted shares?

+

Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.

How can I buy unlisted shares?

+

You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.

What is the share price of unlisted companies?

+

The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.

Are unlisted shares a good investment?

+

Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.

How can I sell unlisted shares?

+

To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.

What are the risks of investing in unlisted shares?

+

Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.

What is the share price of unlisted companies?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

How do I know the current value of unlisted shares?

+

The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.

Is there a minimum investment amount for unlisted shares?

+

The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.

Can I get a dividend from unlisted shares?

+

Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.

How do I know which unlisted shares are worth investing in?

+

It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.

Are unlisted shares taxed?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

WhatsAppContact Us