Ifci Limited

IFCI Limited provides non-banking financial services to the public sector in India. The company offers project financing services for power, including renewable energy, telecommunications, roads, oil and gas, ports, airports, basic metals, chemicals, pharmaceuticals, electronics, textiles, real estate, smart cities, urban infrastructure, etc. It also provides corporate financing services, such as balance sheet funding, loan against shares, lease rental discounting, promoter funding, long term working capital requirement, capital expenditure, and regular maintenance capex services, as well as short term loan products for various businesses that include bridge financing and short term working capital to small, mid, and large corporates. In addition, the company offers corporate advisory services, comprising financial/investment appraisal, business reengineering, and advisory services for various corporate houses and companies; and structured products that include structured debt/mezzanine products, as well as assistance in sponsor financing, acquisition financing, pre-IPO financing, off-balance sheet structured solutions, and others. Further, it provides sales and resolution services for non-performing assets; nodal agency services for monitoring of sugar development fund loans; and credit enhancement guarantee scheme for scheduled castes, as well as acts as debenture trustee for debenture issues. Additionally, the company offers modified special incentive package schemes; factoring, investment, real estate and infrastructure, venture capital fund, technical consultancy, and depository participation services. It provides financial support services for airports, roads, telecom, power, real estate, manufacturing, and services sectors, as well as other allied industries. The company was formerly known as Industrial Finance Corporation of India and changed its name to IFCI Limited in October 1999. IFCI Limited was founded in 1948 and is headquartered in New Delhi, India.