IIFL Finance Ltd
IIFL

IIFL Finance Ltd (IIFL)

₹338.252.43%

Key Stats

₹328.7
Day's Price Range
₹340
₹246.05
52-Week Price Range
₹396
1 Month Return-1.02 %
3 Month Return2.53 %
1 Year Return30.25 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 91
10.53
EPS
Rank 46
₹31.33
BVPS
Rank 77
₹142.21
Dividend Yield
Rank 43
1.07%
ROE
Rank 113
8.11%
Price To Book Ratio
Rank 159
2.32
Debt To Asset
Rank 25
0.86

Company Information

India Infoline Limited IIL incorporated in 18th October of the year 1995 as Probity Research Services Private Limited at Mumbai. The India Infoline is a onestop shop for information advice as well as transaction execution of financial services. IIL alongwith its subsidiaries caters to entire gamut of financial services including equities and commodities broking portfolio management distribution of mutual funds life insurance products home loans personal loans etc. Broking services are offered under the 5paisa brand offers broking services in the Cash and Derivatives segments of the NSE as well as the Cash segment of the BSE. The company has proven research capabilities and was rated by the Forbes as the best of web and must read for investors. A network of 758 business locations spread over 346 cities across India facilitates the smooth acquisition and servicing of a large customer base. India Infolines research is available not just over the Internet but also on international wire services like Bloomberg Code: IILL Thomson First Call and Internet Securities where it is amongst the most read Indian brokers. The Company identified the potential of the Internet to cater to a mass retail segment and transformed its business model from providing information services to institutional customers to retail customers. Hence IIL launched its Internet portal www.indiainfoline.com in May of the year 1999 and started providing news and market information independent research interviews with business leaders and other specialized features. IIL was converted into a Public Limited Company in 28th April of the year 2000 and the name of the Company was changed to Probity Research Services Limited. The name of the company was changed to India Infoline.com Limited in 23rd May of the year 2000. During 23rd March of the year 2001 again the name was changed as India Infoline Limited. IIL acquired 100 shares of Agri Marketing Services Limited during March of the year 2000. In the year 2000 IIL leveraged its position as a provider of financial information and analysis by diversifying into transactional services primarily for online trading in shares and securities and online as well as offline distribution of personal financial products like mutual funds and RBI Bonds. These activities are carried on through the wholly owned subsidiaries. The broking service was launched under the brand name of 5paisa through our subsidiary India Infoline Securities Private Limited and www.5paisa.com the ebroking portal was launched for online trading in June of the year 2000. It combined competitive brokerage rates and research supported by Internet technology. Besides investment advice from an experienced team of research analysts also offer real time stock quotes market news and price charts with multiple tools for technical analysis. In December of the year 2000 India Infoline Insurance Services Limited subsidiary became a corporate agent for ICICI Prudential Life Insurance Company Limited. In the year 2004 the company launched commodities broking through its subsidiary India Infoline Commodities Private Limited. Also received a license for Portfolio Management Services from SEBI for broking subsidiary. During the year 2006 the company received the requisite prior approval from The Securities and Exchange Board of India for its proposed merger of India Infoline Securities Private Limited IISPL a wholly owned subsidiary with itself. It had earlier received inprinciple approval from National Stock Exchange and The Stock Exchange Mumbai. In January of the year 2007 the company entered into an alliance with Bank of Baroda for providing Brokerage Platform besides research and analysis services to the banks customers. India Infoline awarded the Best Broker in India by Finance Asia. This was a result of Finance Asias annual look at the best financial services firms in each country around Asia for the period from June 2007 to May 2008.During March of the year 2008 India Infolines institutional broking arm IIFL partnered with Auerbach Grayson Company Inc. a New Yorkbased brokerage firm to offer US investors premium access to investing in Indias capital markets. Auerbach Grayson specializes in providing global trade execution and exclusive research to U.S. institutional investors. As of July 2008 the company received the inprinciple approval for the insurance broking licence from IRDA.
OrganisationIIFL Finance Ltd
HeadquartersThane
IndustryFinance