IFCI Ltd
NSE: IFCI BSE: 500106
₹59.98
(-0.33%)
Thu, 05 Mar 2026, 02:46 am
Market Cap161.58B
PE Ratio40.92
Dividend0
Finance
Finance/Rental/Leasing
24.5KCompany History
1948
- The Company was Incorporated on 1st July, at New Delhi
1962
- 4,000 shares were issued for cash
1970
- The Corporation announced concessions to eligible industrial concerns
- The Corporation received instructions from Government to entertain applications for financial assistance from public sector undertakings
1972
- The Industrial Financial corporation Act, 1948 was amended to enable private limited companies to seek financial assistance from the Corporation
1975
- The Risk Capital Foundation was sponsored by IFCI
1985
- 20,000 shares were issued
1986
- 25,000 shares were issued
1987
- The Company was converted into a company known as Risk Capital & Technology Finance Corporation, Ltd
- 25,000 shares were issued
1988
- 25,000 shares were issued
1989
- 25,000 partly paid up shares were fully called up
- 50,000 shares were issued
1990
- Partly paid up shares were fully called up
- 50,000 shares were issued
1992
- 1,20,000 shares were issued
1993
- 2025,00,000 No of equity shares of Rs 10 each were allotted during the year
1996
- The Corporation handled 79 merchant banking assignments
- The Corporation raised Rupee resources including a public issue of family bonds
1997
- 100,000 cumulative redeemable Pref shares were issued
1998
- Shri KD Agrawal demitted office as Chairman & Managing Director
- Shri PV Narasimham was appointed as an Additional Director and Chairman & Managing Director
1999
- The name of the Company has been changed from The Industrial Finance Corporation of India Ltd to IFCI Ltd
2000
- The Voluntary Retirement scheme offered by Industrial Finance Corporation of India has evoked lukewarm response
- ICRA Ltd downgraded the long-term and medium-term ratings of its principal promoter IFCI Ltd
- The North Eastern Office of the company will launch the IFCI Family Deposits Scheme
- IFCI Ltd and the Dubai-based Mashreq Bank Group have signed an agreement for the first tranche of a $50 million syndicated loan
- IFCI has launched a private placement of non-convertible debentures to raise at least Rs 100 crore
2001
- Mr YP Gupta resigned from the board of directors
2002
- IFCI Ltd executed a negotiated deal with Yield Securities & Credits Pvt Ltd for sale of equity shares of Indorama Synthetics India Ltd
- The shareholders approved the appointment of Indian Institute of Managements I M Pandey as a new director
- Dr Ashok Lahiri resigned from the board
- Ministry of finance nominated Shri Vinod Rai as the Government Director on the Board of IFCI Ltd
2003
- IFCI Ltd withdrew the nomination of Sh S Lahiri from the BOD of Jindal Strips Limited
- A meeting of the Bondholders holding Millionaire Bonds was held
- Dr Amit Mitra gave his resignation from the board of directors
- IFCI takes over Arihant Industries Export Oriented Unit under the securitisation Act
- IFCI takes over the control of the Rewari unit of East India Syntex
- IFCI Ltd Board appoints four member panel to appoint new MD and Chairman
2004
- IFCI merger with PNB's would help each other
- IFCI to merge with PSU bank by April 1
2007
- IFCI Ltd approved the appointment of Shri Atul Kumar Rai as Whole time Director
2008
- Ms Rupa Sarkar was designated Company Secretary & Compliance Officer
- Shri KVEapen was appointed as the second Government Director on the Board of the Company
- Shri Prakash P Mallya and others were appointed as Independent Directors
- Shri Sujit K Mandal was appointed as Whole Time Director
- IFCI Ltd forays into Factoring Business
2009
- IFCI Ltd acquired 5% stake in the present equity share capital of MCX Stock Exchange Ltd
2010
- Industrial Finance Corporation of India is eyeing to invest Rs 1,000 crore to establish a base in the proposed global financial district in Bangalore
- IFCI Ltd appointed Mr Rakesh Bharti Mittal as an Additional Director
- IFCI Ltd announced the pact with Core Infrapower Ltd for joint development of a 1,320-MW power project
2011
- IFCI and SycamoreVentures to launch Infrastructure Fund
- Launch of IFCI-Partners with Sycamore Ventures
2012
- IFCI Ltd re-appointed Shri Atul Kumar Rai as Chief Executive Officer & Managing Director
- The capital market regulator cleared the governments proposal to buy a majority stake in IFCI Ltd
- IIDL brings Indias first Financial City to Bengaluru
2013
- IFCI Ltd appointed Shri Malay Mulcherjee as CEO & MD of the Company
2014
- IFCI Ltd acquired IDBI Banks Ltds equity shares in Stock Holding Corporation of India Ltd
2015
- IFCI now better equipped for Make In India programme
- Signing of Memorandum of Understanding between Institute of Leadership Development and IFCI Limited and the Government of Rajasthan
- Inauguration function of Vijayawada Regional Office, Andhra Pradesh
2016
- Inauguration of new office premises of IFCI Bhubaneswar
2017
- IFCI has merger with IIFCL
- IFCI sought 500cr capital infusion
2018
- IFCI launches $1 bn masala bond programme in the US and Europe
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800