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Cabinet clears IIFCL’s IPO plans; modalities being finalised, likely next fiscal: MD Rohit Rishi

by Euro Times
March 1, 2026
in Business
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State-owned India Infrastructure Finance Firm has obtained the mandatory approvals to proceed with its proposed preliminary public supply, with the Cupboard Committee on Financial Affairs clearing its itemizing on inventory exchanges, the corporate’s high official has mentioned.

The approval has already been conveyed by the Division of Funding and Public Asset Administration (DIPAM) to the corporate, IIFCL’s newly appointed MD Rohit Rishi informed PTI.

“IIFCL (India Infrastructure Finance Firm Ltd) is within the technique of submitting the requisite particulars to the federal government to facilitate finalisation of the modalities, which is predicted to materialise within the subsequent monetary 12 months,” he mentioned.

The Price range 2026-27 supplies emphasis on disinvestment and asset monetisation. The proposed preliminary public supply (IPO) kinds a part of the federal government’s broader disinvestment and capital market itemizing technique for public sector entities.

At the moment, IIFCL is 100 per cent owned by the central authorities. Established in 2006, it supplies long-term monetary help to viable infrastructure initiatives.

Dwell Occasions


The authorised and paid-up capital of the corporate stood at Rs 10,000 crore and Rs 9,999.92 crore, respectively, as of March 31, 2025.

IIFCL has been registered as an NBFC-ND-IFC with the Reserve Financial institution of India (RBI) since September 2013 and follows the relevant prudential norms of the Reserve Financial institution of India.Sharing his imaginative and prescient for the organisation, Rishi mentioned infrastructure growth goes to play a pivotal position within the journey in the direction of Viksit Bharat by 2047, and IIFCL has a central position to play as a supplier and catalyst of long-term infrastructure finance.

“My imaginative and prescient for the establishment may be captured in three phrases — Enhance. Develop. Rework,” mentioned Rishi, who assumed cost of the organisation final month.

“We’ll enhance the standard and scale of infrastructure financing by means of disciplined appraisal requirements and technology-enabled monitoring. As we develop, asset high quality and prudent threat administration will stay non-negotiable,” he identified.

He additional mentioned that one other aim is to develop a stronger and extra diversified long-term funding base.

“Infrastructure requires affected person capital. We’ll deepen our engagement with multilaterals, world traders, and bond markets, and proceed innovating in useful resource mobilisation in order that we are able to present steady, aggressive, long-tenor financing,” he mentioned.

IIFCL will remodel its operations by harnessing know-how, AI and information analytics to modernise mission monitoring, strengthen transparency and allow early threat identification.

On the identical time, he mentioned, “We’ll deal with portfolio diversification into rising sectors, corresponding to renewable power, digital infrastructure, EV ecosystems, and inexperienced hydrogen”.

Above all, Rishi mentioned, “each resolution we take will probably be anchored in nation-building, making certain that IIFCL meaningfully contributes to India’s infrastructure-led development within the a long time forward”.

IIFCL reported a 39 per cent soar in internet revenue to Rs 2,165 crore for the fiscal 12 months led to March 2025 towards Rs 1,552 crore within the earlier fiscal.

The corporate recorded its all-time excessive efficiency, for the fifth 12 months in a row, with file Revenue Earlier than Tax (PBT) of Rs 2,776 crore, recording a development of 37 per cent over the earlier 12 months’s Rs 2,029 crore.

Within the earlier monetary 12 months, the corporate recorded its highest-ever annual sanctions and disbursements of Rs 51,124 crore and Rs 28,501 crore, respectively.

Constructing on this sturdy efficiency, IIFCL continues to maintain its development momentum and is on observe to surpass the earlier 12 months’s outcomes. As of January 31, 2026, annual sanctions have already reached Rs 53,217 crore, with disbursements at Rs 25,470 crore.



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Tags: CabinetclearsfinalisedfiscalIIFCLsipomodalitiesplansRishiRohit
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