IIFL Finance Ltd (IIFL) is a provider of diversified financial services and products. It offers a range of financial services consisting of wealth and asset management, broking, financial product distribution, investment banking, institutional equities and related services. IIFL Finance offerings include commercial vehicle loans, digital finance, loans against securities and healthcare finance. The company also provides home loans, personal loans, small and medium enterprise (SME) loans, microfinance, developer and construction finance, capital market finance and insurance. It offers its products and services to retail, corporate and institutional clients. IIFL Finance is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
802, 8th Floor, Hub Town, Solaris, N.S. Phadke Marg, Vijay Nagar, Mumbai, Maharashtra, 400069
Website
www.iifl.com
Telephone
91 22 40609000
No of Employees
33,910
Industry
Financial Services
Ticker Symbol & Exchange
IIFL (NSE)
Revenue (2022)
$987.0M
20.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
26.3%
(2022 vs 2021)
Market Cap*
$1.9B
Net Profit Margin (2022)
XYZ
4.8%
(2022 vs 2021)
* As of and is in US$
IIFL Finance Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Gold Loan | Savings Instruments |
| Credit and Finance | Commodities |
| Fixed Deposits | Wealth Management Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to acquire a 0.18% stake in the National Stock Exchange of India Ltd. |
| 2023 | Contracts/Agreements | In August, the company partnered with FinBox to offer its AI-powered credit decisioning platform, Sentinel. |
| 2023 | Financing Agreements | In July, the company secured US$175 million investment from HSBC, Union Bank, and Bank of Baroda. |
Competitor Comparison
| Key Parameters | IIFL Finance Ltd | Shriram Finance Ltd | L&T Finance Ltd | Indiabulls Housing Finance Ltd | Paisalo Digital Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Gurugram | Agra |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Haryana | Delhi |
| No. of Employees | 33,910 | 64,052 | 27,506 | 5,316 | 1,650 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arun Kumar Purwar | Chairman | Executive Board | 2022 | - |
| Abhiram Bhattacharjee | Chief Operating Officer | Senior Management | 2024 | - |
| Sanjeev Srivastava | Chief Risk Officer | Senior Management | - | - |
| Shivalingam A. Pillai | Chief Compliance Officer | Senior Management | 2024 | - |
| R Venkataraman | Managing Director; Director | Executive Board | - | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward