Finance Company
Finance Companies (Core)
Aircraft and ship leasing, treasury centres, ITFS and lending
About this entity type
A very brief overview
A Finance Company or Finance Unit in the IFSC can undertake specified core activities (lending, factoring, leasing including aircraft and ship leasing, investing in securities) and non-core activities (treasury, merchant banking-type services, insurance distribution). Core activities require a minimum owned fund — typically USD 3 million — while non-core-only units require less.
Who it suits: Lessors, NBFC groups, global treasury centres, trade-finance platforms and corporates setting up a global/regional treasury function.
Applicable regulation
IFSCA (Finance Company) Regulations, 2021
Registration of Finance Company / Finance Unit, core and non-core activities, owned fund, exposure ceilings and prudential norms.
Official sourceIFSCA Framework for Aircraft / Ship Leasing
Activity-specific framework covering operating and finance leases, asset-management services and permissible structures.
Official source
Registered entities
Entities registered under Finance Companies (Core)
10 entities on the IFSCA register. Live data from the IFSCA directory.
| Entity | Sub-category | Registration | Validity |
|---|---|---|---|
| 360TF Capital (IFSC) Private Limited | Finance Companies (Core) | IFSC/FC/2024-25/001127 Dec 2024 | Perpetual / Not stated |
| Avanse Global Finance IFSC Pvt Ltd. | Finance Companies (Core) | IFSCA/FC/2023-24/000202 Aug 2023 | Perpetual / Not stated |
| Credlix IFSC Private Limited | Finance Companies (Core) | IFSC/FC/2024-25/000804 Sept 2024 | Perpetual / Not stated |
| India Exim finserve IFSC Private Limited | Finance Companies (Core) | IFSC/FC/2023-24/000413 Sept 2023 | Perpetual / Not stated |
| India Factoring (IFSC) Private Limited | Finance Companies (Core) | FCO2026FNC112104 Aug 2026 | Perpetual / Not stated |
| IREDA Global Green Energy Finance IFSC Limited | Finance Companies (Core) | FCO2025FNC079318 Feb 2025 | Perpetual / Not stated |
| Mintifi Global Finance (IFSC) Private Limited | Finance Companies (Core) | FCO2026FNC114214 Sept 2026 | Perpetual / Not stated |
| Orbis Financial Services (IFSC) Private Limited | Finance Companies (Core) | IFSC/FC/2025-26/001312 Sept 2025 | Perpetual / Not stated |
| PFC INFRA FINANCE IFSC LIMITED | Finance Companies (Core) | IFSC/FC/2024-25/001010 Oct 2024 | Perpetual / Not stated |
| SPEC Finance (IFSC) Pvt. Ltd. | Finance Companies (Core) | IFSC/FC/2024-25/001228 Mar 2025 | Perpetual / Not stated |
Timeline & approach
How we take Finance Companies (Core) from plan to authorisation
Step 1
Eligibility & structure
We map your activity to the right IFSCA category and sub-category, confirm net worth, KMP and shareholding eligibility, and fix the holding structure.
Step 2
SEZ unit approval
Unit application to the Development Commissioner, Letter of Approval, office space lease and NDC/customs registrations.
Step 3
IFSCA application
Application, business plan, policies (AML/CFT, risk, outsourcing, cyber), KMP profiles and query resolution until in-principle approval.
Step 4
Go-live & compliance calendar
Bank account, systems, statutory registrations, commencement intimation and handover to a live obligation calendar in your Gateway portal.
Scope & commercials
Confirmed in writing after a scope review
We read your structure, activity and regulatory route first, then set out the scope and engagement terms in writing.
Why GIFT City Gateway
Why sponsors pick us for this
Category specialists
We work only on GIFT IFSC mandates — the regulation, the reviewer questions and the SEZ process are our daily work.
One accountable owner
A named Gateway lead runs your application end to end, not a rotating coordinator queue.
Live intelligence
We track every authorised entity in this category, so your structure is benchmarked against real precedents.
Setup to steady state
Registration hands over into a live compliance calendar in your client portal — no gap after go-live.
Next step
Tell us what you need for Finance Companies (Core)
Share your plan and we respond with the eligibility read, the document list and the execution approach.
- • Eligibility and net-worth check against the applicable regulation
- • Structure options (branch vs subsidiary, holding jurisdiction)
- • Week-by-week plan across SEZ and IFSCA
- • Fixed-fee proposal with the compliance calendar that follows
Lead details