Strong financial and managerial support from IIFL Finance
IIFL Finance holds a majority stake in IIFL Samasta with 99.56% of total Shareholdings (as on 30th September’23). This provides Samasta with access to the financial resources and stability of IIFL Finance
Samasta has been receiving periodical support from its promoters over the years. IIFL Finance and IIFL Home Finance have infused incremental capital of Rs 940 Crore post acquisition. Most recently, IIFL Group had infused a total capital of Rs. 200 Crore during Q4FY23
Adequate Capitalisation
The Net Worth stands at Rs. 1904 Crore at the end of Q3 of FY2024 showing a year on year growth of 79.15%
Samasta’s Asset Under Management (AUM) has seen a growth of more than 54% in the past year and stands at Rs. 13,076 Crore at the end of Q3 of FY2024
Samasta reported a PAT of Rs. 383 Crore as of 31st December 23 vs. a PAT of Rs. 128 Crore as of 31st March 23
IIFL Samasta boasts a strong Collection Efficiency of 96.88%