Corporate Structure

IIFL Group

IIFL Finance Ltd

Housing Finance IIFL Home Finance Limited
79.59%
Microfinance IIFL Samasta Finance Limited
99.41%
Neo-Banking IIFL Open Fintech Private Limited
51.02%
IIHFL Sales Limited
 

IIFL Securities Ltd

Office Premise IIFL Facilities Services Ltd
WOS
Insurance 5 Livlong Insurance Brokers Ltd
WOS
Commodities IIFL Commodities Ltd
WOS
Office Management Services IIFL Management Services Ltd
WOS
Broking 1 IIFL Securities ServicesIFSC Limited
WOS
Section 8 Company India Infoline Foundation
WOS
Healthcare and Wellness Services 2 Livlong Protection & Wellness Solutions Limited
94.99%
Broker Dealer IIFL Capital Inc.
WOS
Investment Advisor and Distributor 3 IIFL Wealth (UK) Ltd
WOS
Real Estate Advisory Services Shreyans Foundations LLP
99%
Real Estate Advisory Services Meenakshi Towers LLP
50%
50%
  1. Non-Operational
  2. Formerly, “IIFL Corporate Services Limited”
  3. License surrendered. Winding up under review.
  4. WOS -Wholly Owned Subsidiary
  5. Formerly, “IIFL Insurance Brokers Limited”

IIFL Wealth Management Limited

Domestic Subsidiaries ( Wholly-Owned Subsidiaries )

Distribution IIFL Wealth Distribution Services Ltd.
Asset Management IIFL Asset Management Ltd.
NBFC IIFL Wealth
Prime Ltd. Distributor IIFL Wealth Capital Markets Ltd.*
Family Trustee IIFL Investment Advisor & Trustee Services Ltd.
Advisory & PMS IIFL Wealth Portfolio Managers Ltd.
AMC Trustee IIFL Trustee Ltd.
Gift City IIFL Wealth Securities IFSC Ltd.
CSR IIFLW CSR Foundation
 

International Subsidiaries ( Wholly-Owned Subsidiaries )

USA IIFL Inc.
Mauritius IIFL Asset Management (Mauritius) Ltd.
Dubai IIFL Private Wealth Management (Dubai) Ltd.
Canada IIFL Capital (Canada) Ltd.
Singapore IIFL Capital Pte Ltd.
 
  1. *IIFL Wealth Capital Markets Ltd. (erstile L&T Capital Markets Ltd.) is the subsidiary of IIFL Wealth Prime Ltd. and step-down subsidiary of the Company

Corporate Structure

IIFL Corporate Structure

The Board of Directors of IIFL Finance Limited at its meeting held on January 31, 2018, had approved the reorganization of the 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 March 30, 2020.

As the core businesses of IIFL Group have acquired a critical mass, the Company took the decision to reorganize 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.