: 1800 572 9798 : investor@iccaps.com CIN No : L65191TN1985PLC012362 ISIN No : INE429D01017
India Cements Capital Ltd (ICCL) is in the business of Foreign Exchange, Forex Advisory, Share Broking and Travels.
For X Change is the brand name under which the company extends money changing services as an RBI approved AUTHORISED DEALER CATEGORY-II.
Learn MoreThe company also extends advisory services on the forex market to exporters and importers , under the brand name of Midas Advisory
Learn MoreICCL has a subsidiary company by name India Cements Investment Services Ltd. We are the member of the NSE and is engaged in share broking activities
Learn MoreCoromandel Travels is the division engaged in extending comprehensive travel related services like ticketing, hotel bookings, visa processing,etc
Learn MoreICCL Forex Sell and buy all major foreign currencies to and from customers as per the regulations
Learn MoreTransfer money directly to a bank account with low fees using our services.
Learn MoreTravel Insurance for traveling abroad Private Visits, Business Travel, Medical Treatment, Overseas Education, etc.
Learn MoreRemittance under educational tie up arrangements with universities abroad, global conferences,etc
Learn MoreA remittance is a transfer of money by a foreign worker to an individual in their home country. Money sent home by migrants international aid
Learn MoreAn Equity Market is a market in which shares are issued and traded, either through exchange or over-the-counter markets.
Learn MoreFuture to buy or sell a contract at a pre-defined time and price. A Option to buy or sell something at a pre-defined price and time
Learn MoreWhile trade is international, currencies are national. International transactions are conducted in global currencies, which are bought and sold.
Learn MoreA product having commercial value that can be produced, bought, sold, and consumed. The future is a contract to buy or sell specific commodity.
Learn MoreA Mutual fund is a financial instrument which pools the money of different people and invests them in different financial securities like stocks , bonds etc.
Learn MoreInitial Public Offering is a process by which a privately held company becomes a publicly traded company by offering its shares to the public for the first time.
Learn MoreA follow-on public offer is the issuance of shares to investors by a public company that is currently listed on a stock market exchange. FPO is a stock issue of additional shares ..
Learn MoreFor’Xchange the money changing division which was part of Aruna Sugars Finance Limited, became part of India Cements Capital Limited during take over in mid-1997. Full Fledged Money Changer licence was obtained in 1995. The company obtained AD II license during 2012 to expand its scope of business. Money Changing division has a total network of 14 branches: Chennai, Madurai, Trichy, Coimbatore, Salem, Namakkal, Bangalore, Hyderabad, Mumbai, Delhi, Kochi, Trivandrum, Pune, Pondicherry. The company has around 70 people on its role.
Money Changing basically involves conversion of one country’s currency into another, literally trading. We purchase Foreign Currency Notes from Indian Public, Foreigners, NRI’s and also from Banks and other Money changers and sell to Indian Public who are going abroad either as a tourist or on business. Apart from Currency notes we also buy and sell Prepaid Cards of Thomas Cook. It has been the strategy at ICCL to have arrangements with Corporates for sale and hence corporate forms 65 % of our business segment with the balance being Individuals and Public.
The division got its Authorised Dealer – Category II licence in the year 2012, January. This licence is a notch up of “Money Changer Licence” one below Banks who are “Authorized Dealer - Cat I”.
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