ifci ltd (IFCI:Natl India)
ifci ltd (IFCI) Snapshot
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Open
23.85
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Previous Close
24.05
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Day High
24.55
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Day Low
23.85
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52 Week High
07/11/12 - 42.80
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52 Week Low
06/12/13 - 21.85
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Market Cap
40.6B
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Average Volume 10 Days
12.1M
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EPS TTM
3.21
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Shares Outstanding
1.7B
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EX-Date
--
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P/E TM
7.6x
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Dividend
1.00
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Dividend Yield
4.11%
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Related News
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IFCI Limited, together with its subsidiaries, provides various financial services in India. The company offers debt products, such as short-term, corporate, and project loans, as well as various guarantees and non-fund based facilities; invests in IPO, right issue, qualified institutional placement, warrants, etc.; invests in listed and unlisted companies; and trades in the secondary market, including equity derivatives. It provides project financing schemes and financial services to the public sector undertakings, manufacturing industry, infrastructure projects, non-banking financial companies, participation in private equity, and promoter funding. The company also offers solutions to infrastructure sector, which include conceiving, techno economic viability study, financial advisory, and monitoring of implementation and commercial production of projects in various sectors, such as power generation, transmission, roads, port and port services, logistics, and urban infrastructure; and provides assistance in the form of underwriting, syndication, equity, CCD, OCD, mezzanine products, debt, etc. In addition, it offers corporate advisory services, including project consulting, mergers and acquisition, disinvestment/bid process management, joint venture/PPP advisory, corporate restructuring, and bidding advisory services; infrastructure advisory services for roads, ports, power, and urban infrastructure projects; and monitoring of public issues services for carrying out of post-issue due diligence, ascertaining the utilization of issue funds, the preparation of monitoring reports, and submission of the reports to the SEBI. Further, the company operates as a nodal agency for monitoring of sugar development fund loans. The company was formerly known as Industrial Finance Corporation of India and changed its name to IFCI Limited in October 1999. IFCI Limited was founded in 1948 and is headquartered in New Delhi, India.
ifci ltd (IFCI) Key Developments
Indian Government has cancelled its stake sale plan in IFCI Limited (BSE:500106) as it wants to improve the performance of the company before it divestment. A senior finance ministry official privy to the development told Economic Times, "It was felt that in the present situation, the government will not be able to fetch the correct price on its investment." IFCI's share fell by 2.67% to INR 25.50 on Bombay Stock Exchange.
IFCI Limited announced that Shri Atul Kumar Rai, Chief Executive Officer & Managing Director has resigned from the board of the company with effect from May 31, 2013. Rai had been at the helm of IFCI since July 2007. Before that he was director in the financial services department of the finance ministry. Further, Shri Anurag Jain, Government Nominee Director on the board of the company has been appointed as the Chief Executive Officer & Managing Director of the company With immediate effect till further orders from the board.
IFCI Limited has informed that the Board of Directors of the company at its meeting held on May 20, 2013 has recommended dividend of INR 1 per share that is 10% for the financial year ended March 31, 2013, subject to the approval of the shareholders at the ensuing Annual General Meeting.

| Recently Viewed | |||
| IFCI:IN | 24.35 INR | +0.30 | |
| Company | Last | Change |
| IDBI Bank Ltd | 76.75 INR | +0.60 |
| View Industry Companies | ||
Industry Analysis
IFCI
Industry Average
| Valuation | IFCI | Industry Range |
| Price/Earnings | 4.5x |
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| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | 6.1x |
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| TEV/Sales | -- | Not Meaningful |
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To contact IFCI LTD, please visit www.ifciltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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