Profile

Funding Foundation of the Future…

IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects.

The authorized and paid up capital of the company stood at ₹ 10,000 Crore and ₹ 9,999.92 Crore, respectively as on 31th March 2026. IIFCL has been registered as a NBFC-ND-IFC with the Reserve Bank of India (RBI) since September 2013 and follows the applicable prudential norms of the RBI.

As a long-term lending institution, IIFCL is amongst the most diversified public sector infrastructure lender in terms of eligible infrastructure sub-sectors and product offerings. It provides financing to both ongoing and operational projects through various products including direct credit, subordinate debt, take out- acquisition and enhancement of term credit risk, debt investment and infrastructure project bonds, across all infrastructure sub-sectors as notified by the Government in the Harmonised Master List of Infrastructure Subsectors. These broadly include transportation, energy, water, sanitation, communication, social and commercial infrastructure. IIFCL to maintain at least 75% exposure due to its registration as an NBFC-IFC with the Reserve Bank of India. In addition, IIFCL can extend loans up to 25% of its total exposure in allied infrastructure sectors such as electric vehicles, solar cells, panels and modules, green hydrogen/ammonia projects, biofuels, etc. (A detailed list of eligible areas is available in "Scope of Activities".)

On a standalone basis, till 31th March 2026, IIFCL has made cumulative gross sanctions of about ₹ 3,64,491 Crore to more than 890 projects under Direct Lending, Takeout Finance and Refinance, Credit enhancement , InVIT and Bonds. Cumulative disbursements under these schemes stood at ₹ 1,89,476 Crore as on 31th March 2026.

Subsidiaries

IIFC (UK)Ltd : IIFC (UK) was set up in April 2008 to provide financial assistance in foreign currency, for the import of capital equipment, to companies implementing infrastructure projects in India. Till 31st March 2026, IIFC (UK) has made cumulative loan sanctions of USD 5.08 Bn and cumulative disbursements of USD 2.61 Bn. IIFC (UK) had a line of credit of USD 5 Bn from the RBI which was valid till March 2024 and availed USD 2.5 Bn from this RBI line of credit. Further, IIFC(UK) has also borrowed USD 250 Mn from the UK market. The authorized capital of IIFC (UK) Limited is USD 500 Mn and the current paid up capital of the Company is USD 150 Mn. 

IIFCL Projects Ltd (IPL): IPL was set up in February 2012 to provide advisory services to Central/ State Government, local bodies and other stakeholders for promotion and development of infrastructure in India. Today, the company caters to the demand for Financial advisory, Transaction advisory, Policy advocacy and Syndication services in the infrastructure space with deep understanding of infrastructure sub-sectors across Road, Power, Airport, Aerospace and Port sectors, which are majorly structured on PPP basis. IPL has advised and appraised infrastructure projects with an aggregate project cost of more than ₹ 1.20 Lakh Crore across these sub sectors. The Company is executing strategic transactions in Space and MSME sectors. IPL operates a Branch office in IFSC, GIFT City and is presently executing programmes with State Departments/Authorities of Andhra Pradesh, Meghalaya, Mizoram and Tamil Nadu for conceptualization and implementation of projects mainly in Urban Infrastructure, Roads, Ports, Tourism and Environment. The paid-up capital of the Company is ₹ 4.75 Crore and net worth as on 31st March 2026 is ₹ 26.55 Crore.

IIFCL Asset Management Company Ltd. (IAMCL): IIFCL, being the Sponsor of IIFCL Mutual Fund, established IAMCL in March 2012 for the purpose of the management of assets under various schemes of Infrastructure Debt Fund launched by IIFCL Mutual Fund. Board of Trustees of IIFCL Mutual Fund (IDF) decided to prematurely wind up both the existing scheme(s) of IIFCL Mutual Fund (IDF) inter-alia on account of higher compliance cost. Subsequent to SEBI’s approval on this matter, IAMCL has duly made the redemption to the unit holders of respective schemes of IIFCL Mutual Fund Infrastructure Debt Fund in September 2023. Further, an application has been submitted to SEBI for surrender of Mutual Fund License.
 

Sources of Funding

IIFCL raises funds from both domestic as well as international markets.

Domestic Sources

IIFCL raises debt (both short-term and long-term) from the market through various suitable instruments. As on 31st March 2026, IIFCL’s total domestic borrowing outstanding amounts to ₹ 58,934 crores, out of this total outstanding, Rs. 33,605 crores is pertaining to Non-Convertible Debenture (NCDs), Rs. 12,331 crores short term borrowings and Rs. 12,997 crores term loans.

International Sources

IIFCL has established strong relationships with Multilateral and Bilateral Financial Institutions like Asian Development Bank (ADB), World Bank, KfW, European Investment Bank (EIB), Japan International Cooperation Agency (JICA). As of March 31, 2026, the company had available debt limits of USD 1247 million, USD 109 million, EUR 13 million, EUR 127 million, and JPY 34,439 million, respectively. IIFCL also raised its first External Commercial Borrowing (ECB) of JPY 26,000 million from SMBCs in the year 2025-26. 
These relationships have helped IIFCL to raise long-term resources which enable development of innovative financial products, as well as adopt best practices, especially those pertaining to Environmental and Social Safeguard Framework and Procurement Procedures. 

Rating

IIFCL’s various domestic long term borrowings (bonds) have been rated ‘AAA’ by various rating agencies.

IIFCL Snapshot

Key Financials

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