*FINAL IDENTITY:TFCI BUYER*

IFCI has so far not announced name of buyer for its TFCI stake.

But here DoW is giving ACCURATE Breaking News that promoter partner of  *Singapore based FII which has 2 billion dollar fund and specialists in stressed assets ( and have floated finance co in India in partnership with Shapoorji Pallonji)*has won the bid for TFCI. There is possibility of block deal with IFCI today.
With  new owners of TFCI, stock will be rerated

TFCI is _only nbfc available at 2xPrice/Book_

TFCI existing Networth is 600+ Crores. And borrowings just 1000+ Crores. *On existing Networth itself, TFCI can borrow total 3600 Crores*

_Security coverage ratio is 3x_

*Cost-Income ratio is amongst Lowest*

FY18Eeps 11-12

*Expect negligible NPA by current year end*

TFCI can be 300 in 12-15 months