IIFL Securities

Homegrown server maker Netweb Technologies India on Friday said it has collected Rs 189 crore from anchor investors days ahead of its Initial Public Offering (IPO). The company has allocated 37.8 lakh equity shares to 25 funds at Rs 500 per…

Drone maker ideaForge Technology on Friday said it has mobilised Rs 255 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday. The company has allocated 37.93 lakh equity shares to 31 funds…

Last Updated: June 20, 2023, 13:06 ISTShares of IIFL Securities plunged as much as 24 per cent in the morning trade on Tuesday after market regulator Sebi on Monday barred the company from onboarding clients for 2 years.In the intraday…

MUMBAI: Markets regulator Sebi on Monday barred IIFL Securities (formerly India Infoline), one of the leading domestic broking houses, from taking on new clients for two years for violating regulatory normsrelating to segregation of…

Smartphone sales in rural areas have stagnated since mid-2021 due to affordability issues and consumers' affinity to feature phones, in sharp contrast to market trend in urban areas. This and more in today’s ETtech Top 5.Also in this…

The IIFL Group's early-stage investment vehicle, IIFL Fintech Fund, has invested USD 2 million (around Rs 16.5 crore) in insurance technology startup Insurance Samadhan for a 16 per cent stake, valuing the platform at around USD 13 million…

IIFL Group's early-stage investment vehicle IIFL Fintech Fund has doubled down its commitment to the legal technology platform Leegality with a second round of infusion of $5 million. With this, the IIFL Fintech Fund owns 15 per cent in the…

Indian IT services companies are expected to log steady sequential revenue growth in September quarter but an overhang of weak global cues tinged with macro risks will put spotlight on management commentary around deal momentum and demand…

Capital markets regulator Sebi has kept in "abeyance" the proposed initial share sale of Canada-based Fairfax Group-backed Go Digit General Insurance Ltd. However, the Securities and Exchange Board of India (Sebi) did not clarify further.…

Digit Insurance has filed draft documents for its initial public offering (IPO), and the digital insurance company is looking to raise Rs 1,250 crore from a fresh issue of shares and an offer for sale (OFS) of 10.94 crore equity shares. The…