Who is the CEO of IIFL?

Nirmal Jain (Jun 30, 2020–)India Infoline / CEONirmal Jain is an Indian billionaire businessman. He is the founder and chairman of India Infoline Group, a financial conglomerates. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government’s private equity arm. Wikipedia

Is IIFL a good investment?

IIFL is a good stock broker with an online and offline presence across India. IIFL Securities is one of the largest full-service stockbrokers in India and offers a wide range of services to its customers. The company is well known for its personalized service and cutting-edge technology.

Who owned IIFL?

Nirmal Jain
Nirmal Jain, Founder and Chairman of IIFL Group, is a first generation entrepreneur, who is credited with building one of the largest financial services groups in India in just about two decades.

Who is the best team of IIFL?

Leadership team

• Karan Bhagat. Founder, Managing Director & CEO – IIFL Wealth & Asset Management.
• Manoj Shenoy. Chief Executive Officer and Whole-Time Director.
• Anup Maheshwari. Chief Investment Officer and Whole-Time Director.
• Amar Merani. Head – Real Estate Strategy.
• Anshuman Goenka.
• Anunaya Kumar.
• Aakash Desai.

Will IIFL share price increase?

IIFL Finance Ltd. quote is equal to 327.500 INR at 2022-06-16. Based on our forecasts, a long-term increase is expected, the “IIFL” stock price prognosis for 2027-06-14 is 773.005 INR. With a 5-year investment, the revenue is expected to be around +136.03%.

What happened to IIFL?

Under the new arrangement, while IIFL Wealth and IIFL Securities have been demerged — the record date will be announced soon, IIFL Holdings will be renamed as IIFL Finance. “Two of the three businesses, namely loans & mortgages and wealth & asset management have external private equity investors.

Which is better IIFL or muthoot?

IIFL offers Personal Loan upto an amount of ₹ 25 Lakh, while Muthoot offers Loan upto an amount of ₹ 15 Lakh. Therefore, IIFL can be a better option if you are looking for a high value amount. One feature that makes Personal Loan a better option is the foreclosure facility.

Is IIFL a bank or NBFC?

non-banking financial company
IIFL’s new PE fund invests in Mumbai redevelopment project The transaction marks the entry of IIFL, which also has a non-banking financial company (NBFC) that has exposure to real estate, into the private equity funding space.

What is the future of Iifl?

As on 10th Jun 2022 IIFL Share Price closed @ 353.70 and we RECOMMEND Buy for LONG-TERM with Stoploss of 304.42 & Buy for SHORT-TERM with Stoploss of 322.33 we also expect STOCK to react on Following IMPORTANT LEVELS.

What happened to Iifl?

Why has IIFL stock price increased?

IIFL Finance share price rose 10 percent intraday on June 25 after the promoter of the company increased their stake. On June 24 the company’s promoter Nirmal Bhanwarlal Jain has acquired 0.12 percent stake in the company via open market increasing total shareholding of the promoter group to 25.06 percent.