page_title: Infrastructure Leasing & Financial Services
section_title: Group companies
hierarchical_section_title: Infrastructure Leasing & Financial Services / Group companies
caption_attribution_description: Bandra Kurla Complex, Mumbai IL&amp;FS Headquarters, Bandra Kurla Complex, Mumbai
context_page_description: Infrastructure Leasing & Financial Services Limited is an Indian infrastructure development and finance company.
  It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited. Its projects include some of the largest infrastructure projects in India including India's longest tunnel, Dr. Syama Prasad Mookerjee Tunnel, which opened for traffic in April 2017.
  After the company defaulted on its loans in 2018, the Government of India took control of the company and appointed a new board.
context_section_description: IL&FS has 256 group companies as of 2018, including subsidiaries, joint venture companies and associate entities. Though on the surface, the company appears to have 23 direct subsidiaries, 141 indirect subsidiaries (including special purpose vehicles for different projects), 6 joint ventures and 4 associate companies, each of them is further subdivided into additional legal entities, with much cross ownership as well as ownership by investment vehicles of various governments.
  While some of its subsidiaries (such as IL&FS Transport) ran into high losses in 2018 and found it difficult to repay their loans, others (such as IL&FS investment managers) posted profits of Rs.725 million in 2018, a 33% profit after tax.
  Some of them are listed below-
  Infrastructure Services
  IL&FS Energy Development Company Limited: energy sector arm involved in development of power generation and transmission projects
  IL&FS Infrastructure Development Corporation Limited: advisory and project development
  IL&FS Transportation Networks Limited: involved in the development and implementation of projects related to surface transport (highways, flyovers, bridges and roads)
  IL&FS Environmental Infrastructure & Services Limited
  IL&FS Education and Technology Services Limited (Headed by RCM Reddy)
  New Tirupur Area Development Corporation Limited (an SPV to implement the Tirupur Area Development Programme)
  Noida Toll Bridge Company Limited (an SPV to operate and maintain the DND Flyway connecting Delhi with Noida)
   Financial Services
  IL&FS Financial Services Limited (Investment Banking Arm of IL&FS)
  IL&FS Investment Managers Limited (domestic private equity fund management)
  ORIX Auto Infrastructure Services Limited (services related to transport finance and transport infrastructure)
  IL&FS Trust Company Limited - ITCL (services: debenture and bond trusteeship, trusteeship and investor representative for securitised paper, services as security trustee and facility agent, secure document management, scanning, processing and records management, and paralegal services)
  Technology Services
  IL&FS Technologies Ltd. (IT Arm of IL&FS group)
caption: IL&FS headquarters at the Bandra Kurla Complex in Mumbai
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