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.
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.
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.