Particulars

Details

Objective

Invested in Indian companies engaged in, amongst others, the automotive parts and components manufacturing sector in order to generate high returns for its investors.

Nature

Domestic Fund

Corpus

Rs.190 Crores (Raised from FI’s, Insurance Companies and HNI’s)

Tenure

10 Years close ended fund (i.e. 8 years with two 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. 9.32 to 28 Cr

Target Returns

20% p.a.

No. of Portfolio Companies

• Invested in 9 companies across the country
• Investments -Growth projects -7 auto sector and 2 in non auto sector
• Sanctioned & Disbursed Investment -Rs. 182.92 Cr
• About 68 % of total investment already realized with returns of approx. 17%