IFCI 

IFCI Limited, founded in 1948 and headquartered in New Delhi, India, operates as a non-banking financial institution primarily serving India's public sector. The company plays a significant role in project financing, supporting a wide array of vital sectors such as power (including renewable energy initiatives), telecommunications, road networks, oil and gas, ports, airports, basic metals, chemicals, pharmaceuticals, electronics, textiles, real estate, smart city development, and urban infrastructure. Its corporate finance division offers comprehensive solutions, encompassing balance sheet funding, loans secured by shares, lease rental discounting, and promoter financing. IFCI also addresses various capital requirements, from long-term working capital and capital expenditure to routine maintenance capex. Furthermore, it extends short-term funding options, including bridge financing and general working capital facilities, to small, medium, and large corporations. Beyond direct financing, IFCI provides specialized services such as financial and investment appraisal, business reengineering, and advisory support for diverse corporate houses. The firm also structures debt and mezzanine products, offering assistance with sponsor financing, acquisition financing, pre-IPO financing, and off-balance sheet structured solutions. Additionally, IFCI engages in the sales and resolution of non-performing assets, fulfills nodal agency responsibilities, administers a credit enhancement guarantee scheme for scheduled castes, and acts as a debenture trustee for bond issuances. The company further expands its service portfolio to capital markets, providing stock broking, commodities broking, currency trading, portfolio management, and depository participant services. It also delivers merchant banking, operates as an insurance corporate agency, distributes mutual fund products and IPOs, and offers corporate advisory. Originally known as the Industrial Finance Corporation of India, the organization adopted the name IFCI Limited in October 1999.