IIFL Shares
IIFL Group Stocks
Check out the complete list of shares/stocks of IIFL Group listed on NSE & BSE.
About IIFL Group of Companies
The IIFL Group, headquartered in Mumbai, is one of India's foremost diversified financial services companies. Established on October 18, 1995, by Nirmal Jain, the organization has grown to become a top financial conglomerate in India. Nirmal Jain, an alumnus of IIM Ahmedabad and the University of Mumbai, launched the company during the post-liberalization era, a time of significant economic transformation in the country. Before founding IIFL, Jain worked at Hindustan Unilever Limited, where he gained valuable industry experience.
Originally named Probity Research and Services Private Limited, the company initially focused on providing research services on the Indian economy, businesses, and corporations. Over time, the organization gained notable clients, including banks and research institutions, and expanded its operations. During the dotcom revolution in 1999, the company launched its website, enhancing its market visibility. In 2000, IIFL took a significant step forward by introducing its trading portal, 5paisa, and transitioning into a full-service broking agency.
The Indian dotcom industry faced a downturn in 2001, creating challenges for businesses across the sector. During this period, IIFL leveraged its distribution network and partnered with ICICI Prudential, becoming India’s first corporate agent for life insurance. This move marked the beginning of the company’s diversification into broader financial services.
Today, IIFL Holdings Limited is recognized as an integrated financial services group with diverse businesses. These include non-banking and housing finance, wealth and asset management, broking, financial product distribution, investment banking, institutional equities, and property advisory services. The company has a consolidated net worth exceeding ₹45 billion, manages loan assets worth ₹233 billion, and advises on wealth assets exceeding ₹1,250 billion.
With a global presence spanning Canada, the US, UK, Singapore, Hong Kong, Switzerland, Mauritius, and the UAE, IIFL operates through over 2,250 service locations across India. Supported by a workforce of over 10,500 employees and trusted by more than 300 institutional investors, IIFL remains a cornerstone of India’s financial services landscape, offering innovative solutions and extensive expertise.