Public Issue of Secured Redeemable NCDs

1. Public Issue of Secured RedeemableNCDs Issue Opens - October 20, 2014, Closes - November 21, 2014* In service of nation for more than IFCI LIMITED CIN: L74899DL1993PLC053677 Registered Office: IFCI Tower, 61, Nehru Place, New Delhi- 110 019 *The Tranche- I Issue shall remain open for subscription on Working Days from 10.00 a.m. to 5.00 p.m. (Indian Standard Time) during the period indicated above with an option for early closure or extension, as may be decided by the Board of Directors or the Board Committee subject to necessary approval. In the event of such early closure or extension of the subscription list of the Tranche- I Issue, the Company shall ensure that public notice of such early closure/ extension is published on or before such early date of closure or the Issue Closing Date, as applicable, through advertisement(s) in atleast one leading national daily newspaper with wide circulation.

2. Disclaimer This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. This presentation contains forward-looking statements based on the currently held beliefs and assumptions of our management, which are expressed in good faith and in their opinion reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, financial condition or performance or industry results to differ materially from the results, financial condition or performance expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. We disclaim any obligation to update these forward-looking statements to reflect future events or developments. This presentation has not been approved and will not be reviewed or approved by any statutory or regulatory authority in India or by any Stock Exchange in India and may not comply with all the disclosure requirements prescribed thereof. This presentation may not be all inclusive and may not contain all of the information that you may consider material. IFCI Limited, (“Company”), is proposing, a public issue of secured redeemable non-convertible debentures and has filed a Shelf Prospectus and Tranche I Prospectus both dated October 13, 2014 with the Registrar of Companies, Delhi and Haryana (ROC), Securities Exchange Board of India (SEBI), the National Stock Exchange of India Limited (“NSE”) and the BSE Limited (“BSE”). The Shelf Prospectus and Prospectus Tranche-I is available on the website of the NSE at www.nseindia.com, the website of the BSE at www.bseindia.com, the website of SEBI at www.sebi.gov.in, the website of the Company at www.ifciltd.com and the websites of the Lead Managers to the Issue, namely www.sbicaps.com, www.akcapindia.com, www.edelweissfin.com and www.rrfcl.com/ www.rrfinance.com. Investors should carefully consider all the information in the Shelf Prospectus filed with BSE and NSE including the risks and uncertainties described therein, before making an investment in the NCDs. Please see the section entitled “Risk Factors” on page 9 of the Shelf Prospectus for the risks in this regard.

3. Contents

5. Introduction to IFCI • Incorporated on May 21, 1993 under the Companies Act, 1956 • Promoted and controlled by Government of India • Registered with RBI as a Systemically Important Non-Deposit taking NBFC in 1998 • Notified as a Public Financial Institution (PFI) by Ministry of Corporate Affairs, Government of India • 16 regional offices across India • Shares Listed on NSE and BSE • Provides Financial Services, which includes: • Long term corporate loans, • Project Advisory, • Project Appraisal, • Strategic Analysis, • Corporate Restructuring, • Infrastructure Financing, and • Legal Advisory Text

6. Board of Directors

7. Board of Directors

9. Shareholding Pattern as on September 30, 2014

10. Cumulative gross loans disbursed as at June 30, 2014, on an standalone basis, aggregated to Rs. 83,137 crore, in 5,175 projects

11. Key Strategic Priorities

13. Key Operational and Financial Parameters (standalone) Rs. crore Including shareholding of IFCI Employees Stock Option Trust of Rs. 2.23 crore and Rs. 1.72 crore for the Fiscal 2013 and 2014, respectively. # In Fiscal 2014, Gross NPA’s are excluding technical write off.

15. Increase share in GDP Net Profit Industry Overview The share of NBFCs’ assets in GDP (at current market prices) increased steadily from just 8.4% as on Mar’ 31, 2006 to 12.5% as on Mar’ 31, 2013 Net profit as a % of total income as also to total assets increased during 2012-13 Expanding Balance Sheet Borrowing of NBFC s The consolidated balance sheet of NBFCs-ND-SI expanded by 19.5% during 2012-13 NBFCs-ND-SI borrowed mainly by floating debentures, followed by borrowings from banks and FIs, commercial paper, and inter-corporate borrowings Unsecured borrowings of NBFCs-ND-SI, constituting slightly less than half the total borrowings, expanded significantly & outpaced the growth in secured borrowings during 2012-13

17. Offer Summary • * Issuer may go for early closure or extension, as may be decided by the Board of Directors or the Board Committee subject to necessary approval

18. Category II • (Corporates) • Category III • (High Networth • Individuals) • Category I • (Qualified Institutional • Buyers) Category of Investors • Public financial institutions • Indian alternative investment funds • Venture capital funds • Scheduled commercial banks, • Indian Mutual funds • Statutory corporations including State Industrial Development Corp. • Insurance companies • Provident funds with a minimum corpus of Rs.25 crore, • Pension funds with a minimum corpus of Rs.25 crore, • Superannuation funds and Gratuity funds, • The National Investment Fund • Companies • Limited Liability Partnerships • Trusts • Partnership firms • Cooperative banks, • Regional rural banks • Societies • Resident Indian • Scientific and/or industrial research organizations, • Educationalinstitutions and associations of persons • Category IV (Retail Individual Investors) • Individual Investors and HUFs • applying for an amount aggregating to more than Rs. 2 lakh across all Series of NCDs in the Tranche Issue • Individual Investors and HUFs • applying for an amount aggregating to less than or equal to Rs. 2 lakh across all Series of NCDs in the Tranche Issue

19. Issue Structure - Options The Investors of Category I, Category II, Category III and Category IV can subscribe to all Series of NCDs. *Our Company shall allocate and allot Series I NCDs to all valid applications, wherein the Applicants have not indicated their choice of the relevant Series of NCDs in their Application Form or have applied for wrong Series of NCDs. ** Subject to applicable tax deducted at source, if any. # The NCDs allotted against Series III shall be allotted compulsorily in the dematerialized form to all categories of Investors.

20. Issue Intermediaries Lead Managers EDELWEISS FINANCIAL SERVICES LTD RR INVESTORS CAPITAL SERVICES PVT LTD SBI CAPITAL MARKETS LTD A. K. CAPITAL SERVICES LTD Debenture Trustee Registrar AXIS TRUSTEE SERVICES LIMITED Stock Exchanges KARVY COMPUTERSHARE PRIVATE LIMITED BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED

22. Investment Rationale