The IIFL board is likely to consider a separate listing of HFC by year-end, says MD

Nirmal Jain, Founder of IIFL Group and Managing Director of IIFL Finance The board of non-banking major IIFL Finance may evaluate options in the next three to six months, including a possible listing of its home finance subsidiary IIFL Home Finance, through a demerger or other appropriate structure, founder Nirmal Jain said. business line. The […]

IIFL could consider an initial public offering of its housing finance arm within three to six months, says MD

Nirmal Jain, Founder of IIFL Group and Managing Director of IIFL Finance The board of non-banking major IIFL Finance may consider planning an initial public offering (IPO) for its housing finance company (HFC), IIFL Home Finance, in the next three to six months, the group’s founder Nirmal Jain said. business line. The IIFL group may […]