India Infrastructure Finance Company Limited (IIFCL)
India Infrastructure Finance Company Limited (IIFCL) was incorporated under the Companies Act as a wholly-owned Government of India company in January 2006 and commenced operations from April 2006 to provide long term finance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI. The sectors eligible for financial assistance from IIFCL are the Harmonized list of infrastructure sub-sectors as approved by the Cabinet Committee on Infrastructure on 1st March 2012. These include transportation, energy, water, sanitation, communication, social and commercial infrastructure. IIFCL accords overriding priority to Public-Private Partnership (PPP) Projects.
About Sponsor
- Provides long term financial support to infrastructure projects in India through Direct Lending, Subordinate Debt, Takeout Finance and Credit Enhancement
- Gives overriding priority to Public Private Partnership (PPP) projects
100% subsidiaries
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2008IIFC (UK) Ltd.
Provides Foreign Currency Loans to Infrastructure projects in India for import of Capital Goods -
2012IIFCL Projects Ltd (IPL)
Provides advisory & development services for the Infra Projects -
2012IIFCL Asset Management Co. Ltd. – Infrastructure Debt Fund (IDF)
To provide cost effective, long term alternative source of finance to Infrastructure projects in India, through mutual fund route.
IIFCL Business Performance Highlights (FY 2015-16)
Authorized Capital | Rs. 5000 Crore |
Paid – up Capital | Rs. 3900 Crore |
Balance Sheet Size | Rs. 42,273 Crore |
Total Revenue | Rs. 4,659 Crore |
Net Worth | Rs. 7,264 Crore |