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42.20
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Updated:25 Jan, 2021, 16:05 PM IST

BSE
42.15
Change Change %
0.25 0.60%

Updated:25 Jan, 2021, 16:01 PM IST

Was incorporated on January 30, 1997 in Chennai, it was set up on the recommendations of the 'Expert Group on Commercialization of Infrastructure Projects' under the Chairmanship of Rakesh Mohan.

Since then, the company has been a leading catalyst for providing private sector infrastructure development in India. The company focuses on developing and leveraging its knowledge base in the infrastructure space to devise and provide appropriate financing solutions to their customers. The company’s strong capitalization reflects the crucial role that it play in infrastructure development.

Business of the company:

The company is India's leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. It provides financial assistance to various segments such as power, roads, ports, telecommunications, Information Technology, Urban Infrastructure, Health care, education Infrastructure, food and agri business infrastructure, health care and tourism.

Services

IDFC provides financing through various routes such as Senior Debt–Financing through Debentures, Mezzanine products–Subscribing to preference capital or debts, proprietary equity, private equity, Debt Capital, are amongst its product offerings.

Projects

Energy – IDFC has provided finance to several energy projects namely Enercon India, GMR Energy, National Thermal Power Corporation, Power Trading Corporation, Reliance Utilities and Power, Tata Power Company amongst others.

Telecommunications and IT – The Company has financed various Telecommunications and IT projects such Aircel Cellular, Bharti Tele–Ventures, BPL Mobile Cellular, Data Access, GTL Infrastructure, Mindtree Consulting, Idea Cellular, Reliance Infocom, Tata sky, Wire and Wireless (India) etc.

Industrial and commercial Infrastructure and others – Under this, it has financed various projects related to tourism, SEZs, Commercial and Retail, Industrial Parks and Township. Projects like Taj Lands End, Hotel Leela Venture, Royal Orchid Hotels, Gujarat Positra Port Infrastructure, DLF Commercial Developers, Inorbit Malls, etc have been financed by IDFC.

Awards/Recognition:

  • Project Finance International Asia Pacific Awards 2009: IDFC Project Finance was ranked third as mandated lead arranger for Project finance loans.
  • Private Equity International Awards 2009: IDFC Private Equity wins Best Private Equity Firm award.
  • Asia Money Brokers poll: IDFC SSKI (Now IDFC Securities) voted as the best local brokerage in Asia Money Poll of Polls.
  • Crisil Ratings: Several IDFC schemes received highest rankings of CPR 1 & CPR 2.
  • Infrastructure Investor Awards 2009: IDFC Private Equity declared Asian Infrastructure Fund Manager of the year.
  • ICRA Awards 2009: IDFC Premier Equity Fund, IDFC Imperial Equity Fund, IDFC Dynamic Bond Fund and IDFC Super Saver Income Fund recognized as 5 star funds by ICRA.
  • Economic Times (ET) Quarterly Mutual Fund Tracker: IDFC AMC was rated as the 'Best Performing Fund House' for two consecutive quarters of FY 09–10. IDFC Imperial Equity Fund and IDFC Dynamic Bond Fund were ranked in the 'Platinum Category' which is the highest ranking given to schemes in Q1 and Q2 in the year 2009.
  • Lipper Fund Awards 2010: IDFC AMC's IDFC Premier Equity Fun – Plan A wins award for being the best fund over 3 years in the equity segment (India).
  • Value Research rankings: 5 Star rankings to Premier Equity Fund and Imperial Equity Fund in the quarter ending June 2009. 4 Star ranking to Government Securities Fund – PF Plan and Dynamic Bond Fund.
  • Infrastructure Investor Awards 2009: IDFC Private Equity wins Asian Infrastructure Deal of the Year.
  • Best Performance among 5–star Funds: IDFC Premier Equity Fund wins award for its open ended diversified equity–defensive for the three–year period ending December 2009.
  • Best performance top 10% of the category: IDFC Premier Equity Fund, IDFC Imperial Equity Fund, IDFC Dynamic Bond Fund and IDFC Super Saver Income Fund were recognized as 5 star funds by ICRA
  • 2012 StarMine Award.
    IDFC wins 4 BEST Learning & Development Awards (for Excellence in Learning & Development) at the CLO awards organized by World HRD Congress.
    IDFC wins 4 BEST Learning & Development Awards (for Excellence in Learning & Development) at the CLO awards organized by World HRD Congress.
    CLO Awards
  • 2013
    EDGE Award ICAI Awarded for Excellence in Financial Reporting

Milestones

1997

  • IDFC was founded on the recommendations of the 'Expert Group on Commercialization of Infrastructure Projects' under the Chairmanship of Rakesh Mohan. The group was conceptualized to channel private capital into commercially viable projects.

1999

  • The company notified as a Public Financial Institution under Section 4A of the Companies Act.

2000

  • The company gets registered with SEBI as a merchant banker

2001

  • The company gets registered with SEBI as a debenture trustee
  • The company sets up Infrastructure Development Corporation (Karnataka) Limited (iDeCK)

2002

  • The company sets up IDFC Private Equity as an investment manager for private equity funds
  • The company sets up Uttaranchal Infrastructure Development Company Limited (UDEC)

2003

  • The company successfully raised $200 million for the India Development Fund, the first infrastructure–focused private equity fund

2005

  • The company became a public company after listing its shares on NSE and BSE

2006

  • The company successfully raised $450 million for its second infrastructure – focused private equity fund

2007

  • The company raised Rs 2,100 crore through QIP
  • The company sets up IDFC Project Equity Company Limited as a specialized project finance entity focused on developing Indian infrastructure projects
  • The company established IDFC Projects to develop, implement, own and operate projects in the infrastructure space

2008

  • The company successfully raised $930 million through the India Infrastructure Fund to invest equity capital in infrastructure projects and $700 million in its third private equity fund.
  • The company entered into asset management by acquiring the AMC business of Standard Chartered Bank in India
  • The company incorporated IDFC Capital (Singapore) Pte Limited, for an emerging markets private equity fund–of–funds business.

2009

  • The company's loan book crosses Rs. 20,000 crore with more than 200 infrastructure projects funded.
  • The company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives
  • The company became a part of Nifty 50

2010

  • The company raised additional capital of Rs 26,542 million through a Qualified Institution Placement at Rs 168.25 per share and CCPS at a conversion price of Rs 176 per share. Government shareholding reduces to 18%
  • The company classified as an Infrastructure Finance Company (IFC)
  • The company raised Rs 480 crore in the first tranche of its Long Term Infrastructure Bonds

2011

  • IDFC and Khazanah agreed to enter into a joint venture (JV) to set up a dedicated infrastructure development company with a focus on road sector in India.  Khazanah would hold 80.1 % of the equity share capital in the proposed JV and the balance would be held by IDFC. Khazanah and IDFC also proposed to invest in convertible instruments  issued by the JV.
  • IDFC became the 1st Financial Services company in India to be awarded the Tier III Design certification for their Central Data Center by the well recognized Uptime Institute.


2012

  • Launches ''In Our Hands'' an youth engagement initiative, to socialize the policy advocacy work being done under the aegis of the India Infrastructure Report (IIR).



 

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