India Cements Capital (ICCL) is a part of the Chennai-based business house The India Cements. The India Cements is a professionally managed company headed by N.Srinivasan, Vice Chairman and Managing Director. With cement plants in eight locations, the group has consolidated its position as the number one player in the southern cement market.

India Cements Capital established in 1985 with the Corporate Office at Chennai, today has a network of 26 branches which gives it a country-wide presence. The company is professionally managed and has many experienced finance professionals on its rolls.The company is one of the first to get RBI registration and complies with all regulatory norms in respect of capital adequacy and provisioning.

ICCL has the unique distinction of having a synergic mix of various fee based activities like Risk management services for importers and exporters, Full fledged money changing, Share broking under NSE, InterBank Forex broking and a Travel division with IATA accreditation.

Business Division:

• Forexchange Money changer-

For’Xchange, the Money Changing division of India Cements Capital, is an RBI authorized Full Fledged Money Changer. For’X Change which started operations in the year 1995 at Chennai, presently operates out of 27 locations all over the country.

• Coromandel Travels-

The Coromandel Travels, the Travel Division of India Cements Capital (ICCL) is one of the leading IATA accredited agency, backed by the Cement Major, The India Cements Coromandel Travels started its operations in 1998 at Chennai and today, has branches at all the metros/mini metros.

• Midas Forex Advisory –

The Midas Forex Advisory division extends professional guidance in Forex risk management to importers and exporters. The clients are provided access to the ever-changing foreign exchange markets through a well-equipped dealing room.

Subsidiary:

• India Cements Investment Services-

The company is a corporate member of the NSE and is engaged in share broking activities. The company deals in Cash market and Futures & Options and extends DP services.