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Nirmal Bhanwarlal Jain
Founder at
IIFL FINANCE LIMITED
Net worth: 551 M $ as of 2026-03-30
Profile
Nirmal Bhanwarlal Jain was the founder of Tata Infotech Ltd. (1995, Managing Director) and IIFL Finance Ltd. (1995, Joint Managing Director & Executive Director).
Current jobs include Managing Director at IIFL Open Fintech Pvt Ltd., Director at India Infoline Finance Ltd., Director at Pratham Education Foundation, Non-Executive Director at IIFL Home Finance Ltd., Director at Mnj Consultants Pvt Ltd., Member at The Institute of Chartered Accountants of India, and Member at The Institute of Cost & Works Accountants of India.
Former jobs include Chairman & Managing Director at IIFL Holdings Ltd. (Broker) and Non-Executive Director at 360 One Wam Ltd. (2008-2024).
Education includes an undergraduate degree from the University of Mumbai and an MBA from the Indian Institute of Management Ahmedabad.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
IIFL FINANCE LIMITED 12.57% | 2025-03-30 | 53,440,570 ( 12.57% ) | 242 M $ | 2026-03-30 |
360 ONE WAM LIMITED 4.04% | 2025-06-29 | 16,415,424 ( 4.04% ) | 164 M $ | 2026-03-30 |
IIFL Securities Ltd.
 IIFL Securities Ltd. Investment Banks/BrokersFinance Provides investment banking services 15.08% | 2024-12-30 | 46,964,282 ( 15.08% ) | 121 M $ | 2026-03-30 |
5paisa Capital Ltd.
 5paisa Capital Ltd. Investment Banks/BrokersFinance Provides online financial and trading services 29.78% | 2026-04-12 | 9,307,632 ( 29.78% ) | 24 M $ | 2026-03-30 |
Nirmal Bhanwarlal Jain active positions
| Companies | Position | Start |
|---|---|---|
| IIFL FINANCE LIMITED | Founder | 1995-10-17 |
India Infoline Finance Ltd.
 India Infoline Finance Ltd. Finance/Rental/LeasingFinance Provides consumer loans and financial services | Director/Board Member | - |
The Institute of Chartered Accountants of India
 The Institute of Chartered Accountants of India Other Consumer ServicesConsumer Services Functions as a College/University | Corporate Officer/Principal | - |
The Institute of Cost & Works Accountants of India
 The Institute of Cost & Works Accountants of India Other Consumer ServicesConsumer Services Functions as a College/University | Corporate Officer/Principal | - |
IIFL Home Finance Ltd.
 IIFL Home Finance Ltd. Finance/Rental/LeasingFinance Provides loans and mortgage services | Director/Board Member | - |
Pratham Education Foundation
 Pratham Education Foundation Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit organization that provides education to children in the slums | Director/Board Member | - |
Mnj Consultants Pvt Ltd. | Director/Board Member | - |
IIFL Open Fintech Pvt Ltd.
 IIFL Open Fintech Pvt Ltd. Finance/Rental/LeasingFinance Provides loans and mortgage services | Chief Executive Officer | - |
Former positions of Nirmal Bhanwarlal Jain
| Companies | Position | End |
|---|---|---|
| 360 ONE WAM LIMITED | Director/Board Member | 2024-03-30 |
| ░░░░ ░░░░░░░░ ░░░░ | ░░░░░ ░░░░░░░░░ ░░░░░░░ | - |
| ░░░░ ░░░░░░░░ ░░░░ ░░░░░░░░ | ░░░░░░░░ | - |
Training of Nirmal Bhanwarlal Jain
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
73
1st degree connections
13
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 13 |
|---|---|
Tata Infotech Ltd.
 Tata Infotech Ltd. Electronic Equipment/InstrumentsElectronic Technology Provides software development and other IT consulting services | Electronic Technology |
University of Mumbai
 University of Mumbai Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Indian Institute of Management Ahmedabad
 Indian Institute of Management Ahmedabad Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
IIFL Finance Ltd.
 IIFL Finance Ltd. Finance/Rental/LeasingFinance Operates as a holding company which provides online investment information services | Finance |
IIFL Holdings Ltd. (Broker)
 IIFL Holdings Ltd. (Broker) Investment Banks/BrokersFinance Provides brokerage services | Finance |
The Institute of Chartered Accountants of India
The Institute of Chartered Accountants of India Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
India Infoline Finance Ltd.
India Infoline Finance Ltd. Finance/Rental/LeasingFinance Provides consumer loans and financial services | Finance |
The Institute of Cost & Works Accountants of India
The Institute of Cost & Works Accountants of India Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Pratham Education Foundation
Pratham Education Foundation Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit organization that provides education to children in the slums | Commercial Services |
360 One Wam Ltd.
 360 One Wam Ltd. Investment ManagersFinance Provides wealth management services | Finance |
IIFL Home Finance Ltd.
IIFL Home Finance Ltd. Finance/Rental/LeasingFinance Provides loans and mortgage services | Finance |
Mnj Consultants Pvt Ltd. | |
IIFL Open Fintech Pvt Ltd.
IIFL Open Fintech Pvt Ltd. Finance/Rental/LeasingFinance Provides loans and mortgage services | Finance |
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