India Infoline

IIFL Finance Limited
IIFL Finance Limited
FormerlyIIFL Holdings Limited
Company typePublic company
IndustryFinancial services
Founded1995
FounderNirmal Jain
Headquarters
India Edit this on Wikidata
Area served
Key people
RevenueIncrease ₹5,989.40 crore (US$720 million) (2021) [1]
Increase ₹1,004.78 crore (US$120 million) (2021) [1]
Increase ₹760.12 crore (US$91 million) (2021) [1]
Total assetsIncrease ₹40,666.92 crore (US$4.9 billion) (2021) [2]
Total equityIncrease ₹5,387.51 crore (US$650 million) (2021) [2]
Number of employees
300
Websiteindiainfoline.com

IIFL Finance Limited (formerly IIFL Holdings Limited) d/b/a IIFL and India Infoline Finance Limited,[3] is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain.[4] IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.[5][6][7] IIFL is ranked among the top seven financial conglomerates in India [8] and as the top independent financial services firm in India in terms of market capitalisation.[9] Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.[10]

  1. ^ a b c "IIFL Finance Consolidated Profit & Loss account, IIFL Finance Financial Statement & Accounts". www.moneycontrol.com. Retrieved 13 September 2021.
  2. ^ a b "IIFL Finance Consolidated Balance Sheet, IIFL Finance Financial Statement & Accounts". www.moneycontrol.com. Retrieved 13 September 2021.
  3. ^ "IIFL Holdings Limited: Private Company Information". Bloomberg.com. Retrieved 8 September 2018.
  4. ^ "How IIFL Chairman Nirmal Jain became a billionaire by serving the new rich". business-standard.com. 16 March 2018. Retrieved 27 April 2018.
  5. ^ "IIFL Annual Report 2016" (PDF). indiainfoline.com. Retrieved 20 March 2017.
  6. ^ "Nirmal Jain Profile". www.economictimes.com. Retrieved 20 March 2017.
  7. ^ "Nirmal Jain Chairman/Founder IIFL Profile". www.bloomberg.com. Retrieved 20 March 2017.
  8. ^ "The rise of Indian financial conglomerates". www.livemint.com. July 2016. Retrieved 20 March 2017.
  9. ^ Sinha, Shilpy (14 September 2016). "What makes investors trust their money with these 5 financial supermarkets of India". The Economic Times. www.economictimes.com. Retrieved 20 March 2017.
  10. ^ "IIFL Holdings History - IIFL Holdings Information - The Economic Times". economictimes.indiatimes.com.