| Capital Market Activity | Equity, commodity and currency broking; institutional equities sales; IPOs and capital raising advisory; research services. | Market-leading research; broad client base; brand trust; seamless digital platform. | Retail investors, institutional investors, promoters, sovereign funds (B2B, B2C). | Institutional investment banking fees and proprietary research services. | 1940 | 75 | Brokerage commissions; fees from investment banking deals; research subscriptions. | Transaction-based brokerage, deal-based investment banking fees. | Rising equity participation, increased capital markets activity, strong IPO pipeline, digital adoption. | IIFL Markets (app), Institutional Equities, Investment Banking |
| Insurance Broking & Ancillary | Insurance brokerage including life, health, and general insurance products. | Regulatory licensing; integrated client relationships. | Individual and corporate clients (B2C and B2B). | Health insurance brokerage. | 259 | 10 | Commission from insurance product sales and renewals. | Commission-based. | Increasing insurance penetration, cross-selling via wealth management. | Livlong Insurance Brokers |
| Facilities & Ancillary | Office infrastructure and facility management services predominantly for group companies. | Relationship with group companies ensures steady demand. | Group companies and external clients (B2B). | Service contracts with group entities. | 56 | 2 | Service contracts and fees. | Fixed service contracts. | Growing demand for managed facilities and infrastructure support internally. | IIFL Facilities Services |
