Cabinet Approves IIFCL IPO Plan, Rs 10,000 Crore Capital Base & Record ?2,165 Crore Profit Boost Listing Move
Cabinet Approves IIFCL IPO Plan, Rs 10,000 Crore Capital Base & Record ?2,165 Crore Profit Boost Listing Move is drawing significant interest across the industry.
The Cabinet has approved IIFCL’s IPO plan, with listing likely next financial year. The government-owned infrastructure lender reported strong FY25 results, including a 39% rise in net profit. The IPO is part of the disinvestment strategy, as IIFCL plans expansion into renewable and digital infrastructure sectors.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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