IIFL is the institutional equities division of India Infoline Ltd. (Bloomberg : IIFL IN), a listed multi-services financial company with a market capitalisation of US$400 million. With a team of 25 research analysts, a full-fledged sales and trading team, and an experienced investment banking team, IIFL is rapidly emerging as one of the premier institutional equities houses in India. Headquartered in Mumbai, IIFL has overseas offices in Singapore and Dubai. Amongst its other businesses, India Infoline is one of the leading players in the retail broking and insurance distribution, and is currently in the process of scaling up its non-banking financial services and wealth management franchises. The group has over 600 branches located all over India.