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

Business Circle TeamBy Business Circle TeamMarch 1, 2026No Comments3 Mins Read
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Cabinet clears IIFCL’s IPO plans; modalities being finalised, likely next fiscal: MD Rohit Rishi
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State-owned India Infrastructure Finance Firm has acquired the required approvals to proceed with its proposed preliminary public provide, 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 instructed 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 anticipated to materialise within the subsequent monetary 12 months,” he mentioned.

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

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

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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 improvement goes to play a pivotal position within the journey in 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 could be captured in three phrases — Enhance. Develop. Remodel,” mentioned Rishi, who assumed cost of the organisation final month.

“We’ll enhance the standard and scale of infrastructure financing by 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 objective is to develop a stronger and extra diversified long-term funding base.

“Infrastructure requires affected person capital. We’ll deepen our engagement with multilaterals, international buyers, 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 expertise, AI and information analytics to modernise mission monitoring, strengthen transparency and allow early threat identification.

On the similar time, he mentioned, “We’ll concentrate on portfolio diversification into rising sectors, reminiscent of renewable power, digital infrastructure, EV ecosystems, and inexperienced hydrogen”.

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

IIFCL reported a 39 per cent leap in internet revenue to Rs 2,165 crore for the fiscal 12 months led to March 2025 in opposition to 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 document 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 robust 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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