Cabinet Approves India Infrastructure Finance Company IPO, Listing Expected by FY27

The Cabinet Committee on Economic Affairs has approved the India Infrastructure Finance Company Ltd (IIFCL) to proceed with its initial public offering (IPO), with final modalities expected to be finalized in the next financial year, likely FY27. Currently fully government-owned, IIFCL, established in 2006, provides long-term financing for infrastructure projects. The IPO aligns with the government's broader disinvestment and asset monetisation strategy outlined in the 2026-27 Budget.