IIFCL To Raise One Point Six Billion Dollars For Infrastructure

10 Mar 2026 CW Team

India Infrastructure Finance Company Limited plans to raise one point six billion dollars in a resource mobilisation drive to support infrastructure development. The amount was described as about Rs 145 billion and the firm said it would mobilise funds from multilateral agencies and overseas investors to build a diversified, cost effective long term funding base. The managing director said the focus will be on securing competitive long tenor funds aligned with the loan book.\n\nUntil December, the company mobilised JPY 26 billion from SMBC as external commercial borrowing, equivalent to around Rs 15.2 billion. The firm is exploring a 600 million dollar blended finance facility and a debut green bond issuance and is seeking approval to raise one billion dollars of long term commercial debt without sovereign guarantee in collaboration with the Multilateral Investment Guarantee Agency. The partnership with MIGA is intended to reduce the burden on the public exchequer.\n\nThe company has received approvals from the Cabinet Committee on Economic Affairs and communication from the Department of Investment and Public Asset Management to proceed with a proposed initial public offering and listing on stock exchanges. IIFCL is preparing to submit the necessary details to finalise modalities, which are expected to materialise in the next financial year, and the move is part of a broader government emphasis on disinvestment and asset monetisation in the Budget 2026–27. The company remains wholly owned by the central government.\n\nIIFCL reported a 39 per cent jump in net profit to Rs 21.65 billion for the fiscal year ended March 2025, up from Rs 15.52 billion, and recorded a record profit before tax of Rs 27.76 billion, a growth of 37 per cent over Rs 20.29 billion. Authorised and paid up capital stood at Rs 100 billion and Rs 99.9992 billion as of March 31, 2025. The company is registered as an NBFC-ND-IFC with the Reserve Bank of India and continues to report strong momentum, with annual sanctions at Rs 532.17 billion and disbursements at Rs 254.7 billion as of January 31, 2026.

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