IIFL Securities’ market capitalisation stood at ₹6,073 crore on Tuesday. In comparison, wealth management companies such as 360 One WAM, Nuvama Wealth Management, and Anand Rathi Wealth are valued at ₹28,535 crore, ₹17,913 crore, and ₹17,263 crore respectively.
How 90% IPOs in August beat volatile India market to return up to 72% after listing
In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading