IL&FS Investment Managers (ILFSVC) is a private equity fund manager. The company was incorporated in 1989 and is the initiative of Infrastructure Leasing & Financial Services, one of India`s leading infrastructure development and finance companies. The company`s investment portfolio comprises of enterprises focused on information technology, telecom service providers, software services and products, telecom technology providers, life sciences, retail and media. The company is one of India`s largest domestic private equity fund management companies managing over US $900 million on behalf of leading Indian and international institutions. It is experienced in the entire gamut of fund raising, investing, planning exits, participating in restructurings, ..etc. The company has been successful in achieving exits from investments through innovative financial structuring and IPOs, and thus has a credible track record.
It has 42 exited/listed investments and has been able to generate a US $ IRR of 27% p.a. for fully exited investments through IPOs, strategic sales as well as negotiated promoter buybacks. Some of the companies which have successfully exited their investments are Indraprastha Gas, Indiagames, Future Software, Noida Toll Bridge Company, and Shopper`s Stop. The company had lined up Rs 200 million in Bangalore-based Sun Electronic Technologies for a 30% stake and managed the fund where Digital Shoppy concluded a private equity placement of Rs 175 million with Leverage Indian Fund. It inked an agreement valued at Rs 1,300 million in two special purpose vehicles (SPVs) floated by Ansal Properties and Infrastructure for a 49% equity stake in the SPVs. The registered office of the company is at Plot No. C-22, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051