August 31, 2016 3:06 AM 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, Director, Member of Committee of Directors and Member of Risk Management Committee
Age: 63
Group Chief Financial Officer and Member of Administrative Committee
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

Temasek, Canada Pension Plan in Fray To Pick Up Indian Banks’ Stakes In Infrastructure Leasing & Financial

Temasek Holdings (Private) Limited and Canada Pension Plan Investment Board are among five potential investors in talks with State Bank of India (NSEI:SBIN) and Central Bank of India (BSE:532885) to buy the Indian lenders’ stakes in Infrastructure Leasing and Financial Services Ltd, two people familiar with the development said. The stakes in the infrastructure financing firm could be worth at least INR 15 billion in total, said one of the two people, adding that the transaction is likely to be concluded in the next one month. The two people said that SBI Capital Markets had been appointed as the banker by Infrastructure Leasing & Financial to advise it on the potential stake sale.

ChrysCapital And Barings Reportedly In Talks To Acquire 25% In Mahindra Sona

ChrysCapital and Barings Private Equity Partners India are in talks with a group of investors including Infrastructure Leasing & Financial Services Limited to purchase an aggregate 25% stake in Mahindra Sona Limited, three people aware of the development said.

Infrastructure Leasing Seeking Financing

Infrastructure Leasing & Financial Services (IL&FS) is making final preparations to list India's first infrastructure investment trust (InvIT) to raise $750 million, by early October, 2016. Ramesh C Bawa, Managing Director and Chief Executive Officer of IL &FS, said, "The market regulator and the finance ministry have been supportive as we are working towards becoming the first InvIT to list on the bourses. We are almost there, and hope to get clearance very soon. Our plan is to go for the listing by September-end or early October." Nomura Co. Ltd. (TSE:9716), Standard Chartered, Deutsche Bank, Credit Suisse and Axis Capital are said to be advising on the listing process. IL &FS would put a mix of road and energy assets into the trust. Ramesh C Bawa said, “we are clear in our mind" about the IPO but have not decided on any timeline yet. Some of the domestic shareholders, banks that are facing pressure due to mounting bad loans, are looking at an exit opportunity through a public issue.”

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 11, 2016
IL&FS Trust Company Ltd.
Merger/Acquisition
March 16, 2016
Wind Energy Projects
Private Placement
March 9, 2016
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