Tourism Finance Corporation of India Limited (TFCILTD.NS)
Tourism Finance Corporation of India Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in New Delhi, DE, IN. The stock last traded at $115.40, up 0.23% on the session, giving a market capitalisation of $53.43B. Its beta of 0.04 implies it has historically moved less than the broad market.
Tourism Finance Corporation of India Limited (TFCI) specializes in delivering comprehensive financial support for a broad spectrum of tourism-related initiatives and projects throughout India. The company's robust financial offerings include various loan products such as rupee term loans, project-specific financing, corporate credit, loans secured by assets, and interim bridge financing. TFCI also invests by subscribing to equity shares and debentures. Beyond traditional lending, it devises bespoke structured financial solutions for corporate clients and provides advisory and investment services aimed at optimizing and strengthening capital structures, utilizing sophisticated instruments like convertible preference shares, mezzanine loans, venture capital debt, and convertible bonds. The firm's specialized services further extend to structured finance, private equity placement, mergers and acquisitions (M&A) advisory, project and infrastructure financing, debt syndication, and comprehensive debt restructuring. Additionally, TFCI offers valuable research and consultancy services. The corporation extends financial aid to both new 'greenfield' developments and existing ventures seeking expansion, diversification, or modernization, while also supporting small and medium-sized businesses within the tourism sector. Incorporated in 1989, Tourism Finance Corporation of India Limited is headquartered in New Delhi, India.
Tourism Finance Corporation of India Limited is most often compared with the following Financial Services names: