About Power Finance Corporation India
Power Finance Corporation India is a company based in Delhi (India) founded in 1986 by Deep Thakkar.. The company has 755 employees as of March 31, 2024. Power Finance Corporation India has completed 1 acquisition, including REC. Power Finance Corporation India operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, among others.
- Headquarter Delhi, India
- Employees 755 as on 31 Mar, 2024
- Founders Deep Thakkar
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Power Finance Corporation Limited
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Annual Revenue
$12.5 B (USD)17.07as on Mar 31, 2024
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Net Profit
$2.69 B (USD)16.34as on Mar 31, 2024
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EBITDA
$11.92 B (USD)15.55as on Mar 31, 2024
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Latest Funding Round
$381.03 M (USD), Post-IPO
Feb 13, 2017
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Investors
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Employee Count
755
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Power Finance Corporation India
Power Finance Corporation India is a publicly listed company on the NSE with ticker symbol PFC in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Power Finance Corporation India
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $381.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Post-IPO - Power Finance Corporation India | Valuation |
investors |
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| Jun, 2013 | Amount | Post-IPO - Power Finance Corporation India | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Power Finance Corporation India
Power Finance Corporation India has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include REC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Infrastructural financing is provided for development projects in India.
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1969 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Power Finance Corporation India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Power Finance Corporation India Comparisons
Competitors of Power Finance Corporation India
Power Finance Corporation India operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer and SME loans are provided by Manappuram Finance.
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| domain | founded_year | HQ Location |
Diversified lending services are provided as a non-banking financial institution.
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| domain | founded_year | HQ Location |
Financial solutions including loans and insurance are offered.
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| domain | founded_year | HQ Location |
Online gold, home, personal, and business loans are provided.
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| domain | founded_year | HQ Location |
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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| domain | founded_year | HQ Location |
Consumer and SME loans are provided by Mahindra Finance.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Power Finance Corporation India
Frequently Asked Questions about Power Finance Corporation India
When was Power Finance Corporation India founded?
Power Finance Corporation India was founded in 1986 and raised its 1st funding round 27 years after it was founded.
Where is Power Finance Corporation India located?
Power Finance Corporation India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does Power Finance Corporation India have?
As of Mar 31, 2024, the latest employee count at Power Finance Corporation India is 755.
What is the annual revenue of Power Finance Corporation India?
Annual revenue of Power Finance Corporation India is $12.5B as on Mar 31, 2024.
What does Power Finance Corporation India do?
PFC was founded in 1986 and is headquartered in Delhi, India. The firm operates within the financial services sector, specializing in funding for real estate and infrastructure developments across the country. Loans and financing solutions are extended to support various projects in these areas. In 2022, annual revenues were recorded at 9.23 billion, accompanied by a net profit of 1.83 billion. Leadership is provided by founder Deep Thakkar.
Who are the top competitors of Power Finance Corporation India?
Power Finance Corporation India's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Is Power Finance Corporation India publicly traded?
Yes, Power Finance Corporation India is publicly traded on NSE under the ticker symbol PFC.
How many acquisitions has Power Finance Corporation India made?
Power Finance Corporation India has made 1 acquisition, including REC.
What is Power Finance Corporation India's ticker symbol?
The ticker symbol of Power Finance Corporation India is PFC on NSE.