- CEO
- Lubna Ahmad Usman
- Full Time Employees
- 17
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- The IL&FS Financial Centre Mumbai India 400051
- IPO Date
- Jun 13, 2001
- Business
- IL&FS Investment Managers Limited (IIML), a subsidiary of Infrastructure Leasing & Financial Services Limited, operates as one of India's oldest and largest domestic private equity fund management companies, managing over $3.5 billion in assets for leading Indian and international institutions including major U.S. pension funds, endowments, sovereign wealth funds and domestic banks. The company offers fund management and related services across private equity, real estate, infrastructure and infrastructure investment trusts (InvITs); its core funds span general purpose private equity targeting growth sectors such as manufacturing, technology, retail, media, agriculture and consumer services; infrastructure funds including the SCI Asia Infrastructure Fund, a joint venture with Standard Chartered Bank, with investments in transportation, maritime, power, city gas distribution, agri-warehousing, container logistics and waste management; and real estate funds with investments typically ranging from $20 million to $50 million held for three to five years. IIML maintains a diversified investment portfolio across India and select Southeast Asian markets, with early investments in sectors including telecom, city gas distribution, shipyards and retail; it is headquartered in Mumbai, India, where it was incorporated in 1986 as a public limited company, and is listed on the National Stock Exchange and Bombay Stock Exchange under the ticker IVC.BO. Subsidiaries include IL&FS Asian Infrastructure Managers Limited, IL&FS Urban Infrastructure Managers Limited, IIML Asset Advisors Limited, Andhra Pradesh Urban Infrastructure Asset Management Limited, IL&FS Infra Asset Management Limited, IL&FS AMC Trustee Limited, IL&FS Investment Advisors LLC and IIML Fund Managers (Singapore) Pte Ltd. In December 2023, parent company IL&FS initiated a resolution process involving the potential sale of its entire stake in IIML, with multiple prospective bidders expressing interest as the process continues into 2025; the company reported mixed financial results for quarters ended June and September 2025, including a standalone net profit of Rs 27.82 crore in Q2 FY2026 versus a prior loss, alongside an interim dividend declaration and an upcoming annual general meeting on September 19, 2025.