IFCI Ltd


BSE: 500106 | NSE: IFCI | ISIN: INE039A01010 
Market Cap: [Rs.Cr.] 4,488 | Face Value: [Rs.] 10
Industry: Finance - Term-Lending Institutions

 Discuss this stock

Board Meet

20-May-13 
IFCI Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 20, 2013, inter alia, to consider and approve the financial results of the Company for the quarter/ year ended March 31, 2013 and to consider dividend, if any. IFCI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2013 inter alia, has recommended dividend @ Re. 1 per share i.e., 10% for the financial year ended March 31, 2013, subject to the approval of the shareholders at the ensuing Annual General Meeting. (As per BSE Announcement Dated on 20.05.2013) 
12-Feb-13 
IFCI Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 12, 2013, inter alia, to consider and approve the Financial Results of the Company for the quarter/nine months ended December 31, 2012 (Q3). 
19-Oct-12 
IFCI Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on October 19, 2012, inter-alia, to consider and approve the Financial Results of the Company for the quarter / half year ended September 30, 2012 (Q2). 
04-Oct-12 
IFCI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 04, 2012 has decided to proceed with the conversion of Optionally Convertible Debentures held by the Central Government for Rs. 400 crore and financial assistance of Rs. 523 crore. 
09-Aug-12 
IFCI Ltd has informe BSE that a meeting of the Board of Directors of the Company will be held on August 09, 2012, inter alia, to consider and approve the Financial Results of the Company for the quarter ended June 30, 2012 (Q1). 

AGM

18-Jul-12
IFCI Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 09, 2012 to July 18, 2012 (both days inclusive) for the purpose of Payment of Dividend & 19th Annual General Meeting (AGM) of the Company to be held on July 18, 2012. IFCI Ltd has informed BSE that the 19th Annual General Meeting (AGM) of the Company will be held on July 18, 2012. (As Per BSE Announcement Website dated on 21/06/2012) IFCI Ltd has informed BSE that the 19th Annual General Meeting (AGM) of the Company was held on July 18, 2012, under Clause 35A. IFCI Ltd has submitted to BSE the minutes of the 19th Annual General Meeting (AGM) of the Company held on July 18, 2012. (For more details kindly refer Corporate Announcements on www.bseindia.com). (As Per BSE Announcement Dated on 23.07.2012) 
13-Sep-11
IFCI Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 03, 2011 to September 13, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on September 13, 2011. IFCI Ltd has informed BSE that the 18th Annual General Meeting (AGM) of the Company was held on September 13, 2011. 1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2011, and the Profit & Loss Account for the year ended March 31, 2011, together with the Directors Report and Auditors Report thereon. 2. Declaration of interim dividend as final dividend of Rs 26,38,431 (Rupees Twenty Six Lac Thirty Eight Thousand Four Hundred and Thirty one) @ 0.1% p.a. on 26,38,43,100 (Twenty Six Crore Thirty Eight lac forty three thousand one hundred) number of Outstanding Cumulative Redeemable Preference Shares of Rs. 10/- each. 3. Declaration of final dividend @ 10% i.e. Re 1.00 per share on the paid up equity shares of Rs 10/- each. 4. Re-appointment of Shri K Raghuraman, Shri. S Shabbeer Pasha & Smt Usha Sangwan as Directors of the Company, liable to retire by rotation. 5. Appointment of M/s. Chokshi & Chokshi, Chartered Accountants, as Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 6. Appointment of Shri Shilabhadra Banerjee & Shri Rakesh Bharti Mittal as Directors of the Company, liable to retire by rotation. 8. Appointment of Shri Sujit K. Mandal as Director of the Company, not liable to retire by rotation. Members accorded consent for appointment of Shri Sujit K Mandal as whole time director with effect from November 01, 2010 for a period of three years on remuneration, terms & conditions.. 9. Members accorded consent for appointment of Shri Siddharh Mandal as Manager on remuneration with effect from November 01, 2010 on terms & conditions.. 10. Accorded to the Board, to create, offer and grant stock options at any time to the permanent employees, existing and future, including any Director of the Company, whether Whole-time or otherwise as may be decided solely by the Board under the Scheme titled 'IFCI Employee Stock Option Scheme - 2011' ('ESOP-2011') exercisable into so much of equity shares of face value Rs 10 each not exceeding 3% of the Paid-up Equity Share Capital of the Company in aggregate, in one or more tranches, on such terms and in such manner as the Board may decide in accordance with the regulations or other provisions of the law as may be prevailing at the relevant time'. (AS Per BSE Announcement Website dated on 12.10.2011) 
17-Sep-10
Ifci Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 17, 2010. IFCI Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 17, 2010, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet of the Company as at March 31, 2010, and the Profit & Loss Account for the financial year ended March 31, 2010, together with the Directors Report and Auditors Report thereon. 2. Declaration of interim dividend on 26,38,43,100 number of Cumulative Redeemable Preference Shares of Rs. 10/- each, @ 0.1% amounting to Rs. 26,38,431 as final dividend. 3. Declaration of final dividend @ 10% i.e. Re 1.00 per share on the equity shares of Rs 10/- each of the Company. 4. Re-appointment of Prof. Shobhit Mahajan & Shri. Prakash P Mallya as Directors of the Company, liable to retire by rotation. 5. Appointment of M/s. Chokshi & Chokshi, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 6. Authority to the Board for maintaining the Register and Index of Members and Family Bondholders and copies of all annual returns prepared under sections 159 and 160 together with copies of the Certificates and Documents required to be annexed thereto under sections 160 and 161 or any one or more of them be kept at the premises of the Company's Registrar and Transfer Agent, MCS Ltd., at F-65, First Floor, Okhla Industrial Area, Phase 1, New Delhi-110020. 7. Appointment of Prof. Omprakash Mishra as a Director of the Company, liable to retire by rotation. 8. Next agenda item related to the proposal for the appointment of Shri Umesh Nath Kapur, member, as Director of the Company, as per his notice under section 257 of the Companies Act, 1956. The matter was put to vote and on show of hands was rejected by an overwhelming majority. (As Per BSE Announcement Website dated on 11.10.2010) 
18-Sep-09
Annual General Meeting (AGM) of the Company to be held on September 18, 2009. IFCI Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 18, 2009, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet of the Company as at March 31, 2009, and the Profit & Loss Account for the financial year ended March 31, 2009, together with the Directors Report and Auditors Report thereon. 2. Declaration of interim dividend on the Preference Shares of Rs 10/- each of the Company as final dividend. 3. Declaration of final dividend @ 8% i.e. Re 0.80 on the equity shares of Rs 10/- each of the Company. 4. Re-appointment of Shri. P G Muralidharan as a Director of the Company, liable to retire by rotation. 5. Appointment of M/s. Chokshi & Chokshi, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 6. Appointment of Shri. Prakash P Maliya, Shri. Tejinder Singh Lascher, Shri. K Narasimha Murhty, Shri. K Raghuraman, Shri. S Shabbeer Pasha, Shri. Usha Sangwan as Directors of the Company, liable to retire by rotation. 7. Appointment of Shri. Sujit K Mandal as Director of the Company not liable to retire by rotation. (For more details kindly refer Corporate Announcement on www.bseindia.com) (As Per BSE Announcement Website dated on 16.10.2009) 
12-Sep-08
IFCI Ltd has informed BSE that the Annual General Meeting (AGM) of the company is to be held on September 12, 2008. Ifci Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on September 12, 2008. (As per NSE Bulletin dated on 16/10/2008) IFCI Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on September 12, 2008, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet of the Company as at March 31, 2008, and the Profit & Loss Account for the financial year ended March 31, 2008, together with the Directors Report and Auditors Report thereon. 2. Declaration of interim dividend on the Cumulative Redeemable Preference Shares of Rs 10/- each of the Company as final dividend. 3. Re-appointment of Shri. S Ravi as a Director of the Company, liable to retire by rotation. 4. Appointment of M/s. Ray & Ray, Chartered Accountants, as Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Authority to the Board for reduction of the paid up equity share capital of the Company from Rs 762,41,34,970/- to Rs 737,83,73,310/- by cancelling 2,45,76,166 (Two crore forty five lakh seventy six thousand one hundred and sixty six only) equity shares of Rs 10/- each and Securities Premium Account from Rs 12,10,22,81,989.50 (Rupees One thousand two hundred ten crores twenty two lakhs eighty one thousand nine hundred eighty nine and fifty paisa only) to Rs 9,71,83,93,887.50 (Rupees Nine hundred and seventy one crore eighty three laths ninety three thousand eight hundred eighty seven and fifty paisa only) held by Life Insurance Corporation of India (LIC) and thereby reconverting the amount of Rs 2,62,96,49,762/- (Rupees Two hundred and sixty two crore ninety six lakh forty nine thousand seven hundred and sixty two only) to 2,62,96,49,762 (Two hundred and sixty two crore ninety six lakh forty nine thousand seven hundred and sixty two only) number of Zero Coupon Optionally Convertible Debentures (ZCOCDs) of Re 1/- each in accordance with the original terms of issue of ZOCDs resulting in LIC?s holding in Company to revert to 8.39% of the post reduction equity share capital of the Company, subject to necessary provisions & approvals. (As per BSE Bulletin dated on 16/10/2008) 

EGM

05-Dec-12
IFCI Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on December 05, 2012. IFCI Ltd has informed BSE regarding the details of Voting results at the Extra Ordinary General Meeting of the Company held on December 05, 2012, under Clause 35A. (As per BSE Announcement Dated on 06.12.2012) IFCI Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on December 05, 2012. (As Per BSE Announcement Dated On 26.12.2012) 
18-May-11
IFCI Ltd has informed BSE about Result of the Extra-Ordinary General Meeting (EGM) of Tourism Finance Corporation of India Ltd. (TFCI)The Extra-Ordinary General Meeting of Tourism Finance Corporation of India Ltd (TFCI) u/s 169 and other applicable provisions of the Companies Act, 1956, was held on May 18, 2011 for transacting the following businesses: 1. Removal of Shri Vivek Nair, from office of Director of TFCI 2. Removal of Smt. Archana Capoor, from the Office of Director of TFCI 3. Removal of Shri Javed Yunus, from the office of Director of TFCI 4. Appointment of Shri Satpal Arora, as Director of TFCI 5. Appointment of Shri Rakesh Kapoor, as Director of TFCI 6. Appointment of Dr. Raju Sharma, Ex- IAS Director of TFCI During the course of the meeting, on the demand of the members of TFCI, under Section 179 of the Companies Act, 1956, poll was taken for putting into motion the proposed resolutions. The Chairman after receipt of Scrutinizers report, declared all the resolutions passed by requisite majority. The resolutions regarding the removal of Directors shall be given effect to, after obtaining necessary permission as per order dated May 16, 2011 of the Hon?ble High Court of Delhi. 
17-Jan-11
IFCI Ltd has informed BSE that the Extra-Ordinary General Meeting of Tourism Finance Corporation of India Limited (TFCI) u/s 169 and other applicable provisions of the Companies Act, 1956, was held on January 17, 2011, in terms of the order dated January 14, 2011 of the Hon'ble High Court of Delhi permitting IFCI Ltd. to convene the EGM of TFCI. During the course of the meeting on the demand of the members of the Company under Section 179 of the Companies Act, 1956, the poll was taken for putting into motion the proposed resolutions. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Power Fin.Corpn. 25,463.19 6.46 1.23 10.53 16.9 10.8 5.45
Rural Elec.Corp. 22,509.15 6.22 1.53 10.32 20.5 10.8 5.81
IFCI 4,487.51 9.96 0.80 8.28 16.4 11.4 4.71
Haryana Fin. Co. 955.21 0.00 2.36 0.00 4.0 3.4 3.34
Tour. Fin. Corp. 187.67 3.38 0.45 7.78 13.8 12.0 1.83
Guj. State Fin. 13.37 0.00 -0.01 54.34 0.0 0.0 0.00

Futures & Options Quote

 
Expiry Date
27.05 0.30  (1.1%)
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 27.05
Average Price: 27.06
No. of Contracts Traded: 13,288,000
Open Interest: 45,240,000
Underlying: IFCI
Market Lot: 8000
Previous Close: 27.05
Day’s High | Low: 27.45 | 26.70
Turnover (Cr.): 35.96
Open Int. Change: -568,000.00 ( [1.2]% )
View detailed F& O quotes >>

Key Information

Key Executives:

P G Muralidharan , Chairman  

Atul Kumar Rai , Managing Director & CEO  

Rakesh Bharti Mittal , Director  

Usha Sangwan , Director  


Company Head Office / Quarters:
IFCI Tower,
61 Nehru Place P B No 4499,
New Delhi,
New Delhi-110019
Phone : 91-11-41792800/41732000/26487444
Fax : 91-11-26488471/26230201
E-mail :
helpdesk@ifciltd.com
complianceofficer@ifciltd.com
Web : http://www.ifciltd.com
Registrars:
MCS Ltd
F-65 1st Floor
Okhla Industrial Are
Phase-I
New Delhi-110020

Fund Holding

 
Scheme Name No. of Shares
Goldman Sachs CNX 500 Fund (G) 16,742

Calendar

May-2013
M T W T F S S
20 21 22 23 24 25 26
IPO
listIssue Open : India Finsec
Economic Events
list No economic event today
Results
list Bharat Forge | Oil India | Container Corpn.