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IIFL Capital Raises Rs 500 Crore in First Close of Maiden Pre-IPO Fund
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News18•14-10-2026, 17:45
IIFL Capital Raises Rs 500 Crore in First Close of Maiden Pre-IPO Fund
- •IIFL Capital Asset Management Ltd has raised around Rs 500 crore at the first close of its maiden late-stage private equity fund.
- •The fund targets a total corpus of Rs 1,000 crore, with a greenshoe option for an additional Rs 1,000 crore.
- •It aims to invest in profitable, scaled-up Indian enterprises that are preparing to launch an IPO within three years.
- •The fund has already committed investments to two companies and is currently evaluating 7 to 8 new opportunities.
- •Target sectors are expected to grow at 15 to 18 percent annually, with investee companies ranking among the top market players.
Key Questions Answered
IIFL Capital Asset Management Ltd raised around Rs 500 crore in capital commitments at the first close of its maiden late-stage private equity fund.
The fund targets a total corpus of Rs 1,000 crore, alongside a greenshoe option allowing for an additional Rs 1,000 crore.
Investee companies should rank among the top three to five players in their fields, boast an EBITDA of at least Rs 75-100 crore, and plan an IPO within three years.
