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IIFL Finance Ltd
IIFL Finance Ltd Company History
IIFL Finance is primarily engaged in financing and related activities.
1995
Incorporated as an equity research and consulting firm with a client base that included leading FIIs, banks, consulting firms and corporates.
1995
1999
Restructured the business model to embrace the internet; launched archives.indiainfoline.com mobilised capital from reputed private equity investors.
1999
2000
Commenced the distribution of personal financial products; launched online equity trading; entered life insurance distribution as a corporate agent. Acknowledged by Forbes as ÂBest of the Web and Â...must read for investorsÂ.
2000
2004
Acquired commodities broking license; launched Portfolio Management Service.
2004
2005
Listed on the Indian stock markets
India Infoline fixes a price band between Rs 70 and Rs 80 for its forthcoming public issue. The company is coming out with public issue of 1.18 crore shares with a face value of Rs 10 through the book building route. The issue is slated to open on April 21 and close on April 27. Enam Financial Consultants Private Ltd would be the sole book running lead manager to the issue while Intime Spectrum Registry Ltd is the registrar to the issue.
India Infoline public issue gets 6.6 times oversubscription
IIL appoints R Mohan as VP
India Infoline Ltd has informed that the Company has entered into a advertising agreement with Times Group where in the Company and other group companies would spend about Rupees Thirty Crores over the next 5 years in print as well as non print media of The Times Group.
India Infoline to buy 75-pc stake in Moneytree
2005
2006
India Infoline launches exclusive SMS Value Added Service
India Infoline enters into strategic agreement with Saraswat Bank
India Infoline to launch stock trading on cell phones
Indiainfoline to roll out MCX, NCDEX, DGCX software
Acquired membership of DGCX; launched investment banking services
2006
2007
Launched a proprietary trading platform; inducted an institutional equities team; formed a Singapore subsidiary; raised over USD 300 mn in the group; launched consumer finance business under the ÂMoneyline brand.
2007
2008
Launched wealth management services under the ÂIIFL Wealth brand; set up India Infoline Private Equity fund; received the Insurance broking license from IRDA; received the venture capital license; received inprinciple approval to sponsor a mutual fund; received ÂBest broker- India award from FinanceAsia; ÂMost Improved Brokerage- India award from Asiamoney.
India Infoline Ltd has informed that the Board of Directors of the Company have vide circular resolution passed on March 10, 2008 approved the appointment of Mr. A K Purwar, ex-Chairman of the State Bank of India, as an independent director on the Board of the Company.
India Infoline Ltd has informed that pursuant to the resignation of Mr. Nimish Mehta, Company Secretary and Compliance Officer of the Company. Ms. Falguni Sanghvi has been appointed as the Company Secretary with effect from October 07, 2008.
The Company has splits its face value from Rs10/- to Rs2/-.
2008
2009
Received registration for a housing finance company from the National Housing Bank; received ÂFastest growing Equity Broking House - Large firms in India by Dun & Bradstreet.
2009
2010
Received in-principle approval for membership of the Singapore Stock Exchange
Received membership of the Colombo Stock Exchange
2010
2011
Launched IIFL Mutual Fund.
IIFL got SEBI nod for Mutual Fund business.
"IIFL announces launch of its 'LifeTime Prepaid, AnyTime Money back' brokerage product"
2011
2012
"PFRDA appoints India Infoline Finance Ltd (IIFL) as Points of Presence (PoP) under New Pension System (NPS)."
Dr. S. Narayan as an Additional Director of the Company. He will be an Independent Director on the Board of the Company.
2012
2013
IIFL Housing Finance ("IIFL HFC") appoints Mr. S. Sridhar as Chairman and Mr. Kranti Sinha as Independent Director.
2013
2014
IIFL Wealth acquires India Alternatives
The Company has changed its name from India Infoline Ltd. to IIFL Holdings Ltd.
2014
2015
US launches Airstrikes on Iraq Militants
Best in Class! Skoda Superb to be launched in India today
2015
2016
Best Wealth Management Firm, India at APAC Insider Investment Awards, 2016.
Best India Start-Up Fund: Seed Venture Fund at Alternative Investment Awards, 2016.
IIFL Wealth bags Best Private Bank, India by The Asset Triple A Digital Enterprise in 2016.
IIFL Wealth wins three new awards at the Euromoney Private Banking and Wealth Management Survey, 2016.
Digital Innovation Champion Award CIO Crown 2016.
2016
2017
IIFL acquired Samasta Microfinance Ltd, a Bengaluru-based micro finance institution to enter the microfinance segment and expand its offerings.
5paisa Capital Limited was listed on NSE and BSE on 16th November, 2017 - becoming India's first listed Fintech company.
IIFL wins NSE Market Achievers Awards 2017 as the best IPO Bidding Member - Retail
IIFL receives "Data Center Innovation award" for adopting futuristic technology in Data
Golden Peacock Award for Corporate Social Responsibility
Best Private Wealth Manager - India & Best India Start-Up Fund: Seed Venture, 2017.
2017
2019
IIFL Finance launches CSR programme IIFL Milan impacting 51,000 citizens.
IIFL Finance financial literacy workshops help 52,900 citizens plan for future.
IIFL Finance contributes to healthy India through "Swasth Bharat" initiative.
IIFL Group unveils new brand identity.
IIFL Finance completes 7400 km journey to spread financial literacy.
Company name has changed to IIFL Finance Ltd. from IIFL Holdings Ltd..
2019
2020
IIFL Finance wins Golden Peacock Award for Risk Management.
19,200 people learnt FUTURE KA GANIT with IIFL Finance.
2020
2021
IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr
IIFL Finance & Open Financial Technologies Joint Venture to Launch India's First Neobank for MSMEs.
IIFL Finance launches 'Gold Loan Mela with gift for all customers.
2021
2022
IIFL Finance Partners With Credgenics To Digitise Loan Collections.
"IIFL Finance, Open Financial Launch Neobank For Small Businesses".
National Fintech Leadership & Excellence Award
2022
2023
Global Brand Excellence Awards. -Marketing Compaign of the year
Best Lending Tech of the year
2023