IIFCL gets Cabinet approval for IPO, listing likely in 2026-27

The India Infrastructure Finance Company Limited has received the necessary approvals to proceed with its proposed IPO, with the Cabinet Committee on Economic Affairs (CCEA) clearing its listing on stock exchanges. The approval has been conveyed by the Department of Investment and Public Asset Management to the company. The lender is in the process of submitting the requisite details to the government to facilitate finalisation of the modalities, which is expected to materialise in the next financial year. The proposed IPO forms part of the government’s broader disinvestment and capital market listing strategy for public sector entities. The authorised and paid-up capital of the company stood at Rs 100 billion and Rs 99.99 billion, respectively, as of March 31, 2025.