In the News

10.10.2019

Capital Market: Listing of IIFL Wealth Management

Shares of IIFL Wealth Management hit an upper circuit limit on the day of listing. Capital Market mentions this in its latest October issue.  

In the News

Mint

07.10.2019

Rather than wealth creation, most clients look for wealth preservation: Yatin Shah

On 19 September, IIFL Wealth Management Ltd, part of the larger IIFL Group, became India’s first major stand-alone listed wealth management company. Its market capitalization was ₹11,127 crore (…

In the News

Mint

03.10.2019

Bharat 22 ETF opens on 4 Oct: Should you invest?

The government is coming up with a fresh tranche of Bharat 22 ETF for individual investors. The issue will be open to anchor investors on 3 October and other investors (such as…

In the News

Cafe Mutual

02.10.2019

IIFL Wealth to offer global health cover to HNI clients

IIFL Wealth has collaborated with ManipalCigna Health Insurance Company to offer global health insurance coverage to HNI clients. The insurer offers health coverage with sum insured of USD 2.5…

In the News

The Print

27.09.2019

Need to balance EQ and IQ to be successful today, says IIFL Wealth co-founder Yatin Shah

Speaking at ThePrint’s Democracy Wall, Shah, Co-Founder and Executive Director of IIFL Wealth & Asset Management, says hard work has nothing to do with IQ. It’s not just about academic…

In the News

Economic Times

26.09.2019

Mukesh Ambani richest Indian with net worth of Rs 3,80,700 crore: Report

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of Rs 3,80,700 crore, according to the latest IIFL Wealth…

In the News

Mint

25.09.2019

Hurun Rich List 2019: Mukesh Ambani richest Indian with ₹3.8 lakh crore wealth

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of ₹3,80,700 crore, according to the latest…

In the News

Times Now

25.09.2019

Mukesh Ambani named richest Indian for 8th consecutive time in Hurun India Rich list

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of Rs 3,80,700 crore, according to the latest IIFL Wealth…

In the News

CNBCTV18

25.09.2019

IIFL Wealth-Hurun India Rich List: Here are India's richest in 2019; Mukesh Ambani tops charts 8th year in a row

IIFL Wealth-Hurun India Rich List for 2019 said Mukesh Ambani, chairman of oil-to-telecom conglomerate Reliance Industries, continued to be India's richest man for the eighth consecutive…

In the News

Outlook India

25.09.2019

Mukesh Ambani richest Indian with net worth of Rs 3,80,700 cr: Report

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of Rs 3,80,700 crore, according to the latest IIFL Wealth…

In the News

Financial Express

24.09.2019

Govt reforms positive, but trade war needs to be closely watched, says IIFL Wealth’s Anirudha Taparia

Even as the economic reforms announced by Finance Minister Nirmala Sitharaman over the past few weeks are expected to boost the economy, there is a need to watch the impact of the trade war and…

In the News

The Asset

23.09.2019

IIFL Wealth and Asset Management makes Indian debut

IIFL Wealth and Asset Management, the first homegrown wealth management firm to be listed on the stock exchange, made its debut on the bourses on September 19 2019. The listing ceremony took…

In the News

Asian Private Banker

20.09.2019

IIFL Wealth debuts on NSE

IIFL Wealth and Asset Management has gone public, listing on the National Stock Exchange of India (NSE) today with an opening price tag of Rs 1,210. The wealth manager is the first in India to…

In the News

Mint

20.09.2019

IIFL Wealth makes good debut as investors raise bets on wealth management biz

IIFL Wealth Management Ltd made its debut on the bourses, listing at₹1,210 and hitting the upper circuit of 5% At the current price, its shares are valued at price-earnings multiple of 28…

In the News

Moneycontrol

19.09.2019

IIFL Wealth lists at Rs 1,210, locked in 5% upper circuit

IIFL Wealth shares are available in trade for trade (T to T) segment for 10 trading days from the date of commencement of trading. IIFL Wealth Management shares debuted at Rs 1,210 on the…

In the News

ET Now

19.09.2019

IIFL wealth's fund raising plans for FY20 | Karan Bhagat on ET NOW

Karan Bhagat of IIFL Wealth Ltd says that the company is thankful for the support of all its shareholders and employees. From a business perspective, their biggest drivers are clients and the…

In the News

Business Today

19.09.2019

IIFL Wealth stock lists at Rs 1,210, locked in 5% upper circuit

IIFL Wealth Management stock made a strong debut on BSE and NSE today. The stock listed at Rs 1,210 on NSE against previous close of Rs 417.45 derived after demerger. On BSE, IIFL Wealth…

In the News

Economic Times

19.09.2019

IIFL’s wealth management arm to list today

IIFL Wealth has an asset under management of Rs 1.35 lakh crore under wealth management. IIFL Wealth and Asset Management, the demerged entity of IIFL Holding, is set to make its debut on Indian…

In the News

Economic Times

19.09.2019

Expect AUM growth of 20-30% in FY20: Karan Bhagat, MD & CEO, IIFL Wealth

We believe we have a good mix of client relationships and a set of relationship managers who have a deep expertise in managing clients for a long period of time, combined with the platform like…

In the News

Bloomberg Quint

19.09.2019

IIFL Wealth Closes At Rs 1,270.50 Per Share On Trading Debut

The wealth management unit of IIFL Holdings Ltd., which the financial services group spun off to unlock value, listed at higher-than-estimated price. The stock was locked in upper circuit of 5…