IIFL Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Fees & Commission Income for the year ending 31-Mar-2023.
Investment bankers fee income reached a new record of USD 1.3 billion in 2023, a 28% increase from the previous year. This is the highest since records began in 2000, according to data from LSEG Deals Intelligence. The increase was attributed to higher equity and debt issuance volumes, which offset the significant drop in deal activities.
IIFL Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Fees & Commission Income for the year ending 31-Mar-2023.
MUMBAI:
5paisa Capital, a discount broker, said on Tuesday it will raise Rs 250 crore by allotting shares and warrants on a preferential basis to institutional shareholders and promoters.
The proposed investors for preferential allotment include Prem Watsa s Fairfax, one of the co-promoters of the brokerage, Hong Kong-based Ward Ferry, and Rimco. Promoters Nirmal Jain, Madhu Jain and R Venkataraman are subscribing to the warrants. The shares and warrants will be sold at Rs 500 per share, about 70% premium to Tuesday’s closing price of Rs 291.40.
5paisa Capital is one of the fastest growing discount broking companies in India with more than 1.3 million customers and 6.5 million mobile app users. The company offers broking, mutual funds, insurance, peer-to-peer lending, international stocks, gold investing and margin funding as part of its product bouquet. 5paisa.com had reported an income of Rs 144.7 crore for the first nine months of the financial year 2021, up 98% year-on-year