Is IFCI a government company?

IFCI Ltd (IFCI) was set up as a Statutory Corporation (“The Industrial Finance Corporation of India”) in 1948 for providing medium and long term finance to industry. Currently, IFCI is a Government Company with Government of India holding 61.02% of paid-up capital of IFCI.

What does IFCI Ltd do?

It provides financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.

Who is promoter of IFCI?

presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Shareholding Pattern – IFCI Ltd.
Holder’s Name	No of Shares	% Share Holding
NoOfShares	2041978493	100%
Promoters	1302941258	63.81%

Is IFCI a good buy?

IFCI Limited (NSE: IFCI) As on 10th Dec 2021 IFCI Share Price closed @ 17.60 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 12.12 & Strong Buy for SHORT-TERM with Stoploss of 13.13 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is IFCI a commercial bank?

Functions of the IFCI First, the main function of the IFCI is to provide medium and long-term loans and advances to industrial and manufacturing concerns. It looks into a few factors before granting any loans. It also guarantees deferred payments in case of loans taken from foreign banks in foreign currency.

Which type of credit is provided by IFCI?

IFCI offers financial solutions in areas of corporate finance through Balance Sheet Funding, Loan Against Shares, Lease Rental Discounting, Promoter Funding, Long Term Working Capital requirements, Capital Expenditure and regular Maintenance Capex.

Should we buy MTNL shares?

As on 10th Dec 2021 MTNL Share Price closed @ 25.70 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 18.19 & Strong Buy for SHORT-TERM with Stoploss of 19.17 we also expect STOCK to react on Following IMPORTANT LEVELS….MTNL Share Price.

MTEDUCARE	9.00	20.00%
VIKASPROP	1.95	18.18%
CAPTRUST	122.90	17.10%

What makes a loan in India is IFCI?

IFCI is a public sector non-banking financial company that is currently listed on the NSE and BSE. It provides financial assistance for the growth of industries in India. These activities are aligned to projects in the airport, road, power, telecom, real estate, and manufacturing sectors.