 During the year 2010–11, Jetpur Somnath Highway Ltd (earlier known as IDFC Capital Company Ltd and a direct subsidiary of IDFC) became a subsidiary of IDFC Projects Ltd. A company under the name of Jetpur Somnath Tollways Ltd was incorporated as a Subsidiary of IDFC Projects Ltd. IDFC Projects, along with the other companies, further floated Dheeru Powergen Ltd, which was converted from Private Limited Company to a Public Limited Company.IDFC Asset Management Company Ltd further floated IDFC Pension Fund Management Ltd, one of the Pension Fund Managers appointed by the Pension Fund Regulatory and Development Authority (PFRDA) to manage retirement funds under the New Pension Scheme (NPS) open to individuals in the private sector, and IDFC Investment Advisors Ltd. A company under the name of IDFC Investment Managers (Mauritius) Ltd has been incorporated as a Subsidiary of IDFC Asset Management Company Ltd.

During the year, IDFC Foundation (a Non-Profit Organisation) was incorporated as a wholly owned subsidiary company of IDFC.The shares of the three Joint ventures Infrastructure Development Corporation (Karnataka) Ltd, Uttarakhand Infrastructure Development Company Ltd, and Delhi Integrated Multi-Modal Transit System Ltd, which were initially held by IDFC, was transferred to IDFC Foundation.