We were originally incorporated on October 18, 1995 as Probity Research and Services Private Limited at Mumbai under the Companies Act, 1956 with Registration No. 11 93797. We commenced our operations as an independent provider of information, analysis and research covering Indian businesses, financial markets and economy, to institutional customers. We became a public limited company on April 28, 2000 and the name of the Company was changed to Probity Research and Services Limited. The name of the Company was changed to India Infoline.com Limited on May 23, 2000 and later to India Infoline Limited on March 23, 2001. In 1999, we identified the potential of the Internet to cater to a mass retail segment and transformed our business model from providing information services to institutional customers to retail customers. Hence we launched our Internet portal, www.indiainfoline.com in May 1999 and started providing news and market information, independent research, interviews with business leaders and other specialized features. In May 2000, the name of our Company was changed to India Infoline.com Limited to reflect the transformation of our business. Over a period of time, we have emerged as one of the leading business and financial information services provider in India. In the year 2000, we leveraged our 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 were carried on by our wholly owned subsidiaries. Our broking services was launched under the brand name of 5paisa.com through our subsidiary, India Infoline Securities Private Limited and www.5paisa.com, the e-broking portal, was launched for online trading in July 2000. It combined competitive brokerage rates and research, supported by Internet technology Besides investment advice from an experienced team of research analysts, we also offer real time stock quotes, market news and price charts with multiple tools for technical analysis. Acquisition of Agri Marketing Services Limited ("Agri") In March 2000, we acquired 100% of the equity shares of Agri Marketing Services Limited, from their owners in exchange for the issuance of 508,482 of our equity shares. Agri was a direct selling agent of personal financial products including mutual funds, fixed deposits, corporate bonds and post-office instruments. At the time of our acquisition, Agri operated 32 branches in South and West India serving more than 30,000 customers with a staff of, approximately 180 employees. After the acquisition, we changed the company name to India Infoline.com Distribution Company Limited. Facilities Our main offices are located in approximately 4,000 square feet of office space located in Mumbai, India. Our India Infoline Branches collectively occupy an additional 10,000 square feet of office space located throughout India, As on March 31, 2005, we have 73 branches across 36 locations in India. The table below shows the changes in the Registered Office of the Company since Incorporation: Previous Address New Address Date of Change 208-C, Agarwal Market, 1, Snehdeep, Gokhale Road, August 6, 1999 Vile Pane (East), Vile Parle (East), Mumbai - 400 057. Mumbai - 400 057, 1, Snehdeep, Gokhale Road, Building No. 24, 1st floor, Jan.,15, 2001 Vile Parle (East), Nirlon Complex, Mumbai - 400 057. Off Western Express Highway, Goregaon (E), Mumbai - 400 0063. Reason for Change Requirement of more floor space. Requirement of more floor space. The instances when the name of the Company was changed are cited below: Previous Name New Name Probity Research and Probity Research and Services Private-Limited Services Limited Probity Research and India Infoline.com Limited Services Limited India Infoline.com Limited India Infoline Limited Date of Change Reason for Change April 28, 2000 Conversion from Private Limited to Public Limited Company May 23, 2000 To focus on the retail financial intermediary business through an online set-up. March 23, 2001 To focus on the retail financial intermediary business through offline as well as online set-up. Milestones 1995 -Incorporated as an equity research and consulting firm with a client base that included leading FIIs, banks, consulting firms and corporates. 1999 -Restructured the business model to embrace the internet; launched archives.indiainfoline.com mobilised capital from reputed private equity investors. 2000 -Commenced the distribution of personal financial products; launched online equity trading; entered life insurance distribution as a corporate agent. Acknowledged by Forbes as `Best of the Web' and `...must read for investors'. 2004 -Acquired commodities broking license; launched Portfolio Management Service. 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 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 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 `Moneyline' brand. 2008 -Launched wealth management services under the `IIFL 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 `Best broker- India' award from FinanceAsia; `Most 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/-. 2009 -Received registration for a housing finance company from the National Housing Bank; received `Fastest growing Equity Broking House - Large firms' in India by Dun & Bradstreet. 2010 -Received in-principle approval for membership of the Singapore Stock Exchange -Received membership of the Colombo Stock Exchange 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" 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. 2013 - IIFL Housing Finance ("IIFL HFC") appoints Mr. S. Sridhar as Chairman and Mr. Kranti Sinha as Independent Director. 2014 -IIFL Wealth acquires India Alternatives -The Company has changed its name from India Infoline Ltd. to IIFL Holdings Ltd. 2015 -US launches Airstrikes on Iraq Militants -Best in Class! Skoda Superb to be launched in India today 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. 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. 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.. 2020 -IIFL Finance wins Golden Peacock Award for Risk Management. -19,200 people learnt FUTURE KA GANIT with IIFL Finance. 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. 2022 -IIFL Finance Partners With Credgenics To Digitise Loan Collections. -"IIFL Finance, Open Financial Launch Neobank For Small Businesses". -National Fintech Leadership & Excellence Award 2023 -Global Brand Excellence Awards. -Marketing Compaign of the year -Best Lending Tech of the year 2024 -The company issued rights shares of Rs. 2 in the ratio of 1:9 at a premium of Rs. 298 per share.