Particulars

Details

Objective

Invested in companies setting up Clean Development Mechanism (CDM) projects and other commercially viable projects/ business.

Nature

Domestic Fund

Corpus

Rs.220 Crores (Raised from domestic Banks, FI’s, Insurance Companies, HNI’s)

Tenure

10 Years close ended fund (i.e. 7 years with three prolongation options of 1 year each)

Trustee

IDBI Trusteeship Services Limited

Settlor

IFCI Limited

Investment Manager

IFCI Venture Capital Funds Limited

Size of investment

Rs. 4.50 to 30 Cr

Target Returns

20% p.a.

No. of Portfolio Companies

• Invested in 14 companies across the country
• Investments - 6 early stage projects, 7 growth projects and 1 Start up venture.
• Sanctioned & Disbursed Investment - Rs. 210.75 Cr.
• About 57% of total investment already realized with returns in the range of 16% to 20%