Company Name | Power Finance Corporation |
---|---|
Website | pfcindia.com |
Snippet | Power Finance Corporation Ltd. (NSE: PFC, BSE: 532810) is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company in the year 2007-2008 was 8688 Crore Indian Rupees.[1] Initially wholly owned by the Government of India, the company issued an Initial Public Offering in January, 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian Company in recent times.[2] PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has been conferred with many prestigious awards, the latest of which is "KPMG-Infrastructure Today Award 2008" for its contribution in development of power sector. It is also an ISO 9001:2000 certified company[3] and enjoys the status of Navratna Company in India. |
Type | Public |
Genre | Financial Services Company |
Owner | Government of India |
Founded | 1986 |
Revenue | USD 4.02 bn (2017-18) |
Website | pfcindia.com |
Industry | Financial services |
Products | Rupee Term Loan, Foreign Currency Loan, Short Term Loan |
Services | Financial Consulting, Financial Products, Investment Banking, Loan Management, Linkage Management |
Traded as | NSE: PFCBSE: 532810 |
Key people | Rajeev Sharma (Chairman & Managing Director), N B Gupta (Director, Finance), C. Gangopadhyay (Director, Projects), P K Singh (Director, Commercial) |
Net income | USD 880 mn (2017-18) |
Area served | India |
Headquarters | New Delhi, India |
Total assets | USD 43.32 bn (Apr'18) |
Total equity | USD 6.043 bn (Apr'18) |
Operating income | USD 1.251 bn (2017-18) |
Number of employees | 400 approx |
Power Finance Corporation is part of the India company list
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