Vistra Itcl India Limited
Vistra is an investment firm based in Mumbai, India.
Vistra is an investment firm based in Mumbai, India.
What is Vistra ITCL (India) Limited?
Vistra ITCL India Limited is the largest corporate trustee in India. It was established in 1995 and holds a debenture trustee license from the Securities Exchange Board of India (SEBI). Vistra ITCL is part of the Vistra group, which is the world’s largest corporate service provider, operating in 44 countries.
Vistra ITCL (India) Limited offers a comprehensive range of services, including debentures and bonds, equity and alternative funds, and bank lending. In addition to these, it also offers various non-banking services, including corporate formation, market entry services, due diligence, and enforcement monitoring services.
The client base of Vistra ITCL (India) includes foreign and domestic entities. These institutions comprise banks, governments, corporations, financial institutions, and other related organisations that use debt and credit markets for funding their operations.
Vistra ITCL (India) Limited Portfolio
Vistra ITCL (India) Limited portfolio consists of 14 stocks representing listed Indian companies from various sectors. As of March 2025, the total value of the company’s portfolio stands at a substantial figure of ₹10,052.03 crores.
Vistra ITCL (India) portfolio is well-diversified across sectors, amongst which the retail sector tops the list with the highest share of 48.5%. It is followed by Consumer Durables (20.3%), Telecommunications (12.4%), Automobiles (10.2%), FMCG (4.9%) and others.
In April 2025, Vistra ITCL (India) Limited added two new companies to its portfolio. The company bought 5,27,654 shares of Reliance Naval and Engineering and 2,96,95,295 shares of Reliance Communication. Vistra ITCL India now has 1% and 1.07% holdings in these companies, respectively.
Along with adding new stocks, the Vistra ITCL (India) portfolio was restructured by increasing its stake in some of the existing holdings. During April 2025, the company increased its holdings in Nalwa Sons Investment Ltd., Uflex Ltd., Blue Star Ltd., Deccan Cements Ltd., and Rain Industries Ltd.
Top 5 Stock Picks in Vistra ITCL India Limited Portfolio
Blue Star Ltd.
Shareholding Value = ₹8,516.3 crores
Quantity Held = 4,86,81,062
Stake (%) = 23.7%
Uflex Ltd.
Shareholding Value = ₹548.1 crores
Quantity Held = 97,17,991
Stake (%) = 13.5%
Intec Capital Ltd.
Shareholding Value = ₹3.7 crores
Quantity Held = 21,10,000
Stake (%) = 11.5%
Nalwa Sons Investment Ltd.
Shareholding Value = ₹339.9 crores
Quantity Held = 4,83,053
Stake (%) = 9.4%
Kama Holdings Ltd.
Shareholding Value = ₹504.8 crores
Quantity Held = 19,08,649
Stake (%) = 6.0%
Networth Trend of Vistra ITCL India Limited
Starting from December 2016, the net worth of Vistra ITCL (India) Limited stood at 191.2 crores, which drastically rose to 2,039.7 crores by March 2018. However, the company's net worth remained below 2,039.7 crores until June 2020. Thereafter, the net worth of Vistra ITCL (India) Limited rose to ₹5,213.7 crores in June 2021 and dived to ₹3,711.9 crores in June 2023. However, during 2024, the company’s net worth continued to rise to new levels, reaching a high of ₹12,624 crores in December 2024.
FAQs
What does Vistra ITCL do?
Vistra ITCL (India) is the largest corporate trustee in India. It offers its clients a range of services, spanning over private equity and alternative funds, debentures and bonds, and bank lending. Vistra ITCL also offers market entry services, due diligence, enforcement, and monitoring services.
What is the full form of ITCL?
The full form of ITCl is IL&FS Trust Company Limited. ITCL was formerly a corporate trustee service provider, which was acquired by Vistra Group and subsequently became Vistra ITCL (India) Limited.
Who is Vistra ITCL’s owner?
Vistra Group owns Vistra ITCL India. Vistra Group acquired the company in 2016 and renamed it Vistra ITCL (India) Limited.
Who is the MD of Vistra ITCL Limited?
Dr Shikha Bagai is the country managing director for India & Mauritius. She leads the India business of Vistra ITCL India Limited, overseeing its business growth. Shikha Bagai is a qualified Chartered Accountant (CA) from India and has an MBA from the Indian School of Business, Hyderabad. She has also cleared her CPA from Denver, Colorado (USA).
What is Vistra ITCL (India) portfolio?
Vistra ITCL India portfolio comprises 14 stocks with a total net worth of ₹10,052.03 crores.