As per Prime Database Investment Bankers League table for FY 2017-18, IIFL is India’s top investment bank for equity issuances by private sector companies. IIFL Holdings Ltd. (IIFL) is a category I Merchant Banker and a part of leading diversified financial services group. IIFL is a publicly listed company and is engaged in Investment Banking, Securities dealing, Wealth & Asset Management and Loans & Mortgages. IIFL Group, promoted by first generation professionals has marquee private equity investors such as Fairfax, General Atlantic and CDC.
During the financial year 2017-18, IIFL completed twenty seven investment banking transactions including eleven IPOs (Initial Public Offers) and eight follow-on transactions involving listed companies which catapulted it to the top rank as per Prime Database investment banking league tables on the basis of equity raised for private sector companies. IIFL has been among the top investment bankers in India over the past few years in terms of capital raise. IIFL assisted, on an aggregate basis, in raising about Rs. 48,000 crores of capital in the year 2017-18.
Mr. H. Nemkumar, President-Institutional Equities & Investment Banking at IIFL commented on this milestone, “We have leveraged our strong distribution platform across institutional, wealth and retail segments to build a robust investment banking business. A key hallmark of our growth has been repeat clients. We believe in hand holding clients and working with them across their life cycles to provide the right advice. We service clients across the size spectrum covering mega caps, mid-caps and even smaller companies. Our research is ranked highly in the internal rankings of leading institutional investors and we cover close to 250 stocks in the listed space. We are empanelled with more than 400 institutional investors both in India and globally.“
Mr. Nipun Goel, Head – Investment Banking, IIFL
Mr. Nipun Goel, Head – Investment Banking added, “We offer strong senior management commitment to our clients which results in superior understanding and execution performance. While FY18 was a landmark year taking us to leadership, we continue to have a substantial pipeline of transactions which are at various stages of execution. As India’s economic growth accelerates, we shall witness a large number of high quality promoters tapping the capital markets.”
IIFL has been the preferred banker for most marquee deals in India in the last financial year. The list of IPOs includes ICICI Lombard General Insurance, HDFC Life, Reliance Nippon Life Asset Management, Future Supply Chain, Shalby Multi-Speciality Hospitals, Indian Energy Exchange, Security & Intelligence Services, Dixon Technologies and Capacite Infraprojects.
IIFL was the banker for the largest QIPs like SBI, HDFC, Federal Bank, Deepak Nitrite and Vardhaman Special Steels Ltd. It also managed the rights issue for Karur Vysya Bank and the first InvIT in India for IRB.
IIFL Holdings Ltd. (NSE: IIFL, BSE: 532636) is a leading player in the Indian financial services space. IIFL is engaged in the business of loans and mortgages, asset and wealth management, retail and institutional broking, investment banking and realty services through its various subsidiaries.
IIFL Holdings Ltd. is headquartered in Mumbai with overseas offices in London, New York, Toronto, Geneva, Hong Kong, Dubai, Singapore and Mauritius. Started as a research firm in 1995, IIFL is a first generation venture. Today, IIFL is a diversified financial services group with a consolidated net-worth of Rs. 5,066 Cr. as on March 31, 2018, offering a gamut of services to more than 40 lakh customers across various business segments and is continuously building on its strengths to deliver excellent service to its expanding customer base.
IIFL is featured in the prestigious Forbes list of ‘India’s Super 50 Companies’ in 2017, a benchmark to identify Indian companies that exhibit high growth in profitability, sales and shareholder returns. IIFL is also among the ‘Outlook Business Outperformers’ – a prestigious list of eight companies which have beaten the Sensex over a five-year period. IIFL is ranked as the #1 Investment Banker in Equity Issuances for FY18 by PRIME Database. IIFL won ‘The Best Private Banking Services Overall, India’ award at Euromoney Private Banking and Wealth Management Survey, 2017. IIFL was recognized as ‘India’s Most Trusted Financial Service Brand (Non-Bank)’ by the Brand Trust Report India Study, 2016. IIFL Group bagged ‘Best Customer Service in the Financial Sector’ by World Quality Congress – service quality awards in 2015. IIFL received ‘India’s Most Promising Brand’ 2014 award at WCRC Global India Excellence Summit in London, in 2014.
IIFL/ India Infoline refer to IIFL Holdings Ltd. and its group companies.