About IIFL
Our Genesis - Who We Are
IIFL Finance Ltd (erstwhile IIFL Holdings Limited) (NSE: IIFL, BSE: 532636) is one of the leading players in the Indian financial services space, engaged in the business of loans and mortgages along with its subsidiaries - IIFL Home Finance Limited and Samasta Microfinance Limited
IIFL’s product offerings include home loans, gold loans, business loans including loans against property and medium and small enterprise financing, micro finance, developer and construction finance and capital market finance; catering to both retail and corporate clients.
The company's geographical presence spans the length and breadth of the country with 2,372 branches across 500+ cities.
IIFL Home Finance Limited, a company incorporated under the Companies Act, 1956 (CIN:U65993MH2006PLC166475) and registered as a Housing Finance Company with the National Housing Bank vide Certificate of Registration (COR) No. 02.0070.09 dated February 3, 2009. The Company is a subsidiary of IIFL Finance.
IIFL Securities is a key player in both retail and institutional segments with 4% share of daily cash turnover. Our strength has been to continuously innovate and reinvent ourselves with strong digital footprint. The company is a leading player in the broking industry with more than a million accounts being opened since inception. The company provide execution, advisory and research service across products like equity, F&O, Commodity& Currency and Mutual Funds. The company also of the top distributors of AIF products, mutual funds.
IIFL Wealth is one of the fastest growing private wealth management firms in India with an AUM greater than USD 24 billion**. We serve the highly specialized and sophisticated needs of high net worth and ultra-high net worth individuals, affluent families, family offices and institutional clients through a comprehensive range of tailored wealth management solutions.
Group reorganisation
The Board of Directors of IIFL Finance Limited at its meeting held on January 31, 2018, had approved the reorganization of IIFL Group, which resulted into three listed entities – IIFL Finance, IIFL Wealth and IIFL Securities. The merger of India Infoline Finance Limited with IIFL Finance Limited became effective from 30th March 2020.
As the core businesses of IIFL group have acquired a critical mass, the Company took the decision to reorganise the corporate structure and create independent entities focused on their niche verticals. This move is aimed at enabling each business to grow faster, attract the right talent and become more innovative and efficient. In addition, the shift from close-knit conglomerate to separate entities will ensure simpler regulatory compliance, enhanced value for stakeholders along with more synergistic benefits.
Vision
To be the most respected financial services company in India.
- Not necessarily the largest or most profitable
Values
Fairness
Fairness in our transactions with all stakeholders including employees, customers, and vendors, bereft of fear or favour.
Integrity
Integrity and honesty of the utmost nature, in letter, in spirit, and in all our dealings with people, internal or external.
Transparency
Transparency in all our dealings with stakeholders, media, investors, and the public at large.
We have come this far solely based on our core values serving as a moral compass in all our dealings. Fairness, Integrity and Transparency - FIT is the driving force behind all that we do here at IIFL. We only work with people who fit into our professional ethos. Our constant endeavour is to deliver befittingly on all fronts to all our stakeholders. We are resolute in the observance of these values and will let go of any growth opportunities that deem unfit.
IIFL - Foundation of Excellence
At IIFL, we have laid the right foundation for excellence under our four pillars of Research, Technology, Human Capital and unflinching adherence to the strictest standards of Ethics and Compliance.
