May 28, 2017 2:55 PM ET

Construction and Engineering

Company Overview of Infrastructure Leasing & Financial Services Limited

Company Overview

Infrastructure Leasing & Financial Services Limited, an infrastructure development and finance company, engages in the commercialization and development of infrastructure projects and creation of value added financial services. The company offers financial, project recourse financing, and corporate infrastructure advisory services; develops and finances infrastructure projects for various sectors; and financial, project development, and management services, such as investment banking, project financing, project development, management and implementation, asset management, merchant banking, corporate advisory, and back office services. It offers services for project completion, such as vision...

The IL&FS Financial Centre

Plot C22, G Block

Bandra Kurla Complex

Bandra East

Mumbai,  400051

India

Founded in 1987

Phone:

91 22 2653 3333

Fax:

91 22 2653 3038

Key Executives for Infrastructure Leasing & Financial Services Limited

Chief Executive Officer, Joint Managing Director, Member of Management Board and Director
Age: 63
Group Chief Financial Officer
Age: 54
Chief Executive Officer of International and Member of Management Board
Age: 58
Chief Executive Officer of Financial Services and Member of Management Board
Age: 61
Chief Executive Officer of Social Inclusion Group
Age: 54
Compensation as of Fiscal Year 2016.

Infrastructure Leasing & Financial Services Limited Key Developments

IL&FS In Advanced Talks to Merger Wind Assets With Orient Green

Infrastructure Leasing & Financial Services Limited (IL&FS) is in advanced talks to merge its wind energy assets, housed under IL&FS Wind Energy Ltd with Orient Green Power Company Limited (NSEI:GREENPOWER). The all-stock reverse merger of unlisted IL&FS Energy Development will value the combined entity at INR 45 billion to INR 50 billion, said two people with knowledge of the matter. "The boards of IL&FS and Orient are expected to meet soon and discuss a merger proposal which, if cleared, will help the entity to acquire more wind energy assets," said one of the persons quoted earlier. "The plan is to consolidate and use stock and cash to acquire assets that will help scale up capacity to over 2,000 MW by financial year 2018." The merged entity will have INR 12 billion operating profit on revenue of INR 14 billion. Valued at seven times the operating profit, it will have a debt of INR 35 billion. IL&FS' public relations agency said, "As a matter of policy, IL&FS does not comment on media and market speculation related to the group and its affiliate companies." Orient Green Power did not respond to an ET questionnaire until press time. Orient Green Power Company Limited (NSEI:GREENPOWER) board has approved entering exclusive discussions with Infrastructure Leasing & Financial Services Limited (IL&FS) to explore a merger between wind energy assets of both companies, it said in a regulatory filing.

Infrastructure Leasing & Financial Services Seeks Acquisitions

Infrastructure Leasing & Financial Services Limited is seeking acquisition opportunities. Vibhav Kapoor, the Chief Executive Officer of the company recently stated that the company was looking at additional investments in the power sector, especially in the renewable space. The Centre is identifying new wind farm sites across the country, of which the company would look at some for investment opportunities.

IL&FS Plans To Raise INR 18 Billion Through Infra Investment Trust

Infrastructure Leasing & Financial Services Limited is planning to raise INR 18 billion through the Infrastructure Investment Trust route. Vibhav Kapoor, Group, IL&FS, commented "The money would be raised privately from Indian and foreign investors"

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 14, 2017
IL&FS Securities Services Limited
Private Placement
February 10, 2017
IL&FS Engineering and Construction Company Limited
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Infrastructure Leasing & Financial Services Limited, please visit www.ilfsindia.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.