Iifl Finance Limited

Offers various financial products and services through online platform.

1995 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Iifl Finance Profile

Key Indicators

  • Authorised Capital ₹ 971.05 Cr
  • Paid Up Capital ₹ 84.89 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32,121.66 Cr
  • Satisfied Charges ₹ 4,967.88 Cr
  • Revenue Growth -0.01%
  • Profit Growth 8.05%
  • Ebitda -2.45%
  • Net Worth 15.54%
  • Total Assets 4.09%

About Iifl Finance

Iifl Finance Limited (IFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 1995 and has a history of 29 years and three months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532636 and on the National Stock Exchange(NSE) under IIFL.

The Corporate was formerly known as Probity Research & Services Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 971.05 Cr and a paid-up capital of Rs 84.89 Cr.

The company currently has active open charges totaling ₹32,121.66 Cr. The company has closed loans amounting to ₹4,967.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Iifl Finance Limited India are Kapish Jain as CFO and Mauli Agarwal as Company Secretary. Nirmal Jain, Venkataraman Rajamani, Arun Purwar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67100MH1995PLC093797

  • Company No.

    093797

  • Stock Symbol

    BSE : 532636 NSE : IIFL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Iifl Finance Limited offer?

Iifl Finance Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Fund Management Services, Computer and Mobile Softwares & Apps, Asset Management Software, Investment Advisory Services, Insurance Service, Investment Service, Mutual Fund Consultants, General Insurance.

Who are the key members and board of directors at Iifl Finance?

Executive Team (4)

Name Designation Appointment Date Status
Venkataraman Rajamani Country flag representing In Managing Director 05-Jul-1999 Current
Nirmal Jain Country flag representing In Managing Director 18-Oct-1995 Current
Kapish Jain Country flag representing In CFO 01-Nov-2022 Current
Mauli Agarwal Company Secretary 11-Apr-2024 Current

Board Members (8)

Name Designation Appointment Date Status
Geeta Mathur Country flag representing In Director 18-Sep-2014 Current
Nihar Jambusaria Country flag representing In Additional Director 11-Apr-2024 Current
Bijou Kurien Country flag representing In Additional Director 11-Apr-2024 Current
Arun Purwar Country flag representing In Additional Director 10-Mar-2008 Current
Chandran Ratnaswami Country flag representing Ca Director 15-May-2012 Current
Vijay Chopra Country flag representing In Director 21-May-2019 Current

Financial Performance of Iifl Finance.

Iifl Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.01% decrease. The company also saw a slight improvement in profitability, with a 8.05% increase in profit. The company's net worth Soared by an impressive increase of 15.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-0.01%
Revenue from Operations
-0.10%
Total Assets
4.09%
Profit or Loss
8.05%
Net Worth
15.54%
EBITDA
-2.45%

What is the Ownership and Shareholding Structure of Iifl Finance?

In 2023, Iifl Finance had a promoter holding of 24.85% and a public holding of 75.13%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32,121.66 Cr

Satisfied Charges

₹4,967.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 30296.66 Cr
  • Milestone Trusteeship Services Private Limited : 1625.00 Cr
  • Citi Bank N.A : 200.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 2024 Others ₹1,000.00 Cr Open
11 Dec 2023 Others ₹500.00 Cr Open
23 Jun 2023 Others ₹452.09 Cr Open
03 Apr 2023 Others ₹125.00 Cr Open
30 Mar 2023 Others ₹500.00 Cr Open

How Many Employees Work at Iifl Finance?

Iifl Finance has a workforce of 12121 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iifl Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Iifl Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Iifl Finance

Recent activity within the organization

  • Annual General Meeting

    Iifl Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Bijou Kurien was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 23 days .

    11 Apr 2024

  • Director Appointment

    Nihar Niranjan Jambusaria was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 23 days .

    11 Apr 2024

  • Director Appointment

    Mauli Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 11 Apr 2024 & has been associated with this company since 9 months 23 days .

    11 Apr 2024

  • Balance Sheet

    Iifl Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1,000.00 Cr with Charge ID 100900938 was registered on 20 Mar 2024.

    20 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Iifl Finance Limited was incorporated on 18 Oct 1995.

  • The authorized share capital of Iifl Finance Limited is ₹ 971.05 Cr and paid-up capital is ₹ 84.89 Cr.

  • Currently 12 directors are associated with Iifl Finance Limited.

    • Nirmal Bhanwarlal Jain
    • Venkataraman Rajamani
    • Arun Kumar Purwar
    • Chandran Ratnaswami
    • Bijou Kurien
    • Nihar Niranjan Jambusaria
    • Vijay Kumar Chopra
    • Geeta Mathur
    • Ramakrishnan Subramanian
    • Tritala Subramanian Ramakrishnan
    • Kapish Jain
    • Mauli Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iifl Finance Limited is Iifl House Sun Infotech Park Road No. 16V Plot No.B-23 Industrial Area, Wag Le Estate India, Thane, Maharashtra, 400604.

  • The corporate identification number (CIN) of Iifl Finance Limited is L67100MH1995PLC093797 and the company number is 093797 as per Ministry of Corporate Affairs (MCA).

  • Yes, Iifl Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IIFL.

  • The Official website of Iifl Finance Limited is https://www.iifl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iifl Finance Limited has fallen by -0.01%.

  • As Per 2023 financial reports, 12121 employees are currently employed by Iifl Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iifl Finance Limited has experienced an upsurge of 15.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Iifl Finance Limited amount to ₹ 32,121.66 Cr.

  • The most recent Balance Sheet for Iifl Finance Limited was filed with the ROC on 31 Mar 2024.

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