Power Finance Corporation Company Profile

Aggregated data from the web about Power Finance Corporation
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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