https://indianpedia.org/index.php?action=history&feed=atom&title=Infrastructure_Development_Finance_CompanyInfrastructure Development Finance Company - Revision history2026-07-29T22:57:32ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Infrastructure_Development_Finance_Company&diff=163273&oldid=previmported>DaxServer at 14:57, 22 August 20212021-08-22T14:57:33Z<p></p>
<p><b>New page</b></p><div>{{Short description|Indian Financial Services company}}<br />
{{Distinguish|International Development Finance Club}}<br />
{{Multiple issues|<br />
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{{Use dmy dates|date=July 2020}}<br />
{{Use Indian English|date=July 2020}}<br />
{{Infobox company<br />
| name = Infrastructure Development Finance Company Limited<br />
| logo = InfrastructureDevelopmentFinanceCompanyLogo.jpg<br />
| type = <br />
| traded_as = {{ublist|<br />
{{Bombay Stock Exchange|532659}}|{{NSE|IDFC}}}}<br />
| location_city = [[Chennai]], [[Tamilnadu]]<br />
| location_country = [[India]]<br />
| foundation = {{Start date|1997}} ([[Chennai]])<br />
| predecessor = <br />
| area_served = India<br />
| key_people = <br />
| revenue = <br />
| operating_income = <br />
| net_income = <br />
| assets = <br />
| equity =<br />
| num_employees = <br />
| industry = Banking, [[Financial services]]<br />
| products = <br />
| services = Infrastructure Advisory and Finance<br/>[[Investment banking]]<br>[[Asset Management]]<br />
| subsid = [[IDFC Project Equity]]<br/>[[IDFC First Bank]]<br/>[[IDFC Securities]]<br/> [[IDFC Pension Fund Management]]<br/>[[IDFC Foundation]]<br />
| homepage = {{URL|http://www.idfc.com}} <br />
}}<br />
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'''Infrastructure Development Finance Company Limited''', more commonly known as '''IDFC''', is a finance company based in India. It provides finance and advisory services for [[infrastructure]] projects as well as [[asset management]] and [[investment banking]].<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/recos/buy-idfc-target-rs-61-manas-jaiswal/articleshow/60320245.cms|title=Buy IDFC target Rs 61: Manas Jaiswal|date=2017-09-01|work=The Economic Times|access-date=2018-01-27}}</ref><br />
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==Company history==<br />
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IDFC was incorporated on 30 January 1997 with its registered office in [[Chennai]] and started operations on 9 June 1997.<ref>{{Cite web|url=https://www.business-standard.com/company/i-d-f-c-22265/information/company-history|title=IDFC Ltd.|via=Business Standard}}</ref><br />
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In August 2005, the company's equity shares were listed at the [[National Stock Exchange of India]] (NSE) and [[Bombay Stock Exchange]] (BSE) after an [[initial public offering]].<ref>{{Cite web|url=https://www.moneycontrol.com/india/stockpricequote/finance-term-lending-institutions/idfc/IDF|title=IDFC Ltd. Stock Price, Share Price, Live BSE/NSE, IDFC Ltd. Bids Offers. Buy/Sell IDFC Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes|website=www.moneycontrol.com}}</ref><br />
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In May 2008, the company entered into asset management by acquiring the AMC business of [[Standard Chartered Bank]] in India, namely Standard Chartered Asset Management Company Pvt Ltd and Standard Chartered Trustee Company Pvt Ltd; the acquired companies was re-branded as IDFC Asset Management Company Pvt Ltd and IDFC AMC Trustee Company Pvt Ltd respectively.<ref>{{Cite web|url=https://www.business-standard.com/article/markets/idfc-buys-stanchart-amc-for-205-million-108030801038_1.html|title=IDFC buys StanChart AMC for $205 million|first=B. S.|last=Reporter|date=8 March 2008|via=Business Standard}}</ref><br />
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In 2008–09, the company subscribed 100% of equity shares of IDFC Capital (Singapore) Pte Ltd. During the year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives.<ref>{{Cite web|url=https://www.idfcfoundation.com/Pages/AboutUs.aspx|title=About Us|website=www.idfcfoundation.com}}</ref><br />
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[[IDFC Bank]] started operating banking services on 1 October 2015.<ref>{{cite web|last1=Vishnoi|first1=Abhishek|title=IDFC bank unit to begin operations from 1 October|url=http://www.livemint.com/Companies/H4bKeid9XOdjmLduIrtyiM/IDFC-bank-unit-to-begin-operations-from-1-October.html|website=Live Mint|publisher=HT Media Ltd.|access-date=2 October 2015}}</ref><br />
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==References==<br />
{{Reflist}}<br />
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==External links==<br />
*{{Official website|http://www.idfc.com/}}<br />
*[http://www.idfcbank.com IDFC Bank]<br />
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{{Authority control}}<br />
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[[Category:Infrastructure in India]]<br />
[[Category:Financial services companies based in Chennai]]<br />
[[Category:Companies listed on the Bombay Stock Exchange]]<br />
[[Category:IDFC First Bank]]<br />
[[Category:1997 establishments in Tamil Nadu]]<br />
[[Category:Indian companies established in 1997]]<br />
[[Category:Companies listed on the National Stock Exchange of India]]</div>imported>DaxServer