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IFCI Ltd. was set up in 1948 as Industrial Finance Corporation of India, a Statutory Corporation, through `The Industrial Finance Corporation of India Act, 1948’ of Parliament to provide medium and long term finance to industry. After repeal of this Act in 1993, IFCI became a Public Limited Company registered under the Companies Act, 1956. IFCI became a Government controlled company subsequent to enhancement of equity shareholding to 55.53% by Government of India on December 21, 2012. In April, 2015, Government of India has acquired six crore Preference Shares of IFCI Ltd. of Rs.10/- each from six public sector banks.With this, the shareholding of the Government of India in paid-up share capital of IFCI has been increased to 51.04% and IFCI has become a Government Company under Section 2(45) of the Companies Act, 2013. IFCI is also a Systemically Important Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI), registered with the Reserve Bank of India. Its main products are A. Term Loans B. Corporate Loans C. Short Term Loans (up to 1 year) D. Loan against Shares E. Loans to NBFC's

View Top Employees from IFCI LIMITED
Revenue $449 million
Employees 350 (348 on RocketReach)
Founded 1948
Address 61, IFCI TOWER, NEHRU PLACE, New Delhi, Delhi 110019, IN
Phone +91 11 4179 2800
Fax +91 11 2648 8471
Category Financial Services, Finance General, Finance
Web Rank 2 Million
Keywords ifci, ifci ltd, ifci contact number, ifci limited, ifci full form
Competitors BIO - the Belgian Investment Company for Developing Countries, CDC Group plc, GIC, LOLC Advanced Technologies, Tryfacta, Inc.
SIC 67, 62
NAICS 52229, 524, 522, 52, 5242, 522298, 5222


The IFCI LIMITED annual revenue was $449 million in 2023.

348 people are employed at IFCI LIMITED.

IFCI LIMITED is based in New Delhi, Delhi.

The NAICS codes for IFCI LIMITED are [52229, 524, 522, 52, 5242, 522298, 5222].

The SIC codes for IFCI LIMITED are [67, 62].

Top IFCI LIMITED Employees

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