ILFS Full Form

il&fs Full Form

  • il&fs Full Form – Infrastructure Leasing & Financial Services (IL&FS) is a Mumbai, Maharashtra, India based infrastructure management and finance company.

 

I = Infrastructure

L = Leasing and

F = Financial

S = Services

  • It was founded in 1987.
  • Supported by Unit Trust of India (UTI), Housing Development Finance Corporation Limited (HDFC) and the Central Bank of India (CBI).
  • Headquarters – Mumbai, India
  • By May 2020 –

             Uday Kotak – (Chairman)

            Vineet Nayyar – (Vice-Chairman)

            C.S. Rajan- (Managing Director)

  • As of 2018, Infrastructure Leasing & Financial Services (IL&FS) has 256 Group firms, including subsidiaries, joint venture firms and related companies.
  • IL&FS has a number of projects in various sectors including Tourism, Area Development, Finance, Education, Urban Infrastructure, E-Governance, Power, Ports, Water and Waste Water, Cluster Development, Environment, Health Initiatives, and Transport.
  • By March 2018, IL & FS Investment ‘s top shareholders were as follows
  • LIC is the biggest shareholder in IL&FS with a stake of 25.34 percent.
  • The State Bank of India holds 6.42 per cent stake in IL&FS.
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