India's Richest People 2026 edition · Source: Hurun India
Rank#299- Wealth
- ₹12,700 Cr
- Company
- IIFL Finance
2019 #277 2018 #252 2017 #234
Current companies 6 active board seats
Past companies 15 historical roles
Total affiliations 21 Since Oct 1995
Shareholding value •••• Premium profile
About Nirmal Bhanwarlal Jain
Data last updated:
Nirmal Bhanwarlal Jain is a Managing Director at Iifl Finance Limited (since 1995), Director at Iifl Home Finance Limited (since 2006) and Director at Pratham Education Foundation (since 2018), and holds 3 more current directorships. The companies operate in Financial Services, Education and Business Services. The 3 current companies with reported revenue have a combined latest revenue of ₹11,765 Cr; the largest is Iifl Finance Limited at ₹10,237 Cr (FY 2025). Earlier, Nirmal Bhanwarlal Jain was a Director at 360 One Wam Limited (2008–2024) and Director at Iifl Fintech Private Limited (2022–2024) and 13 more.
Nirmal Bhanwarlal Jain is #299 among India's richest people (2026), with wealth of ₹12,700 Cr.
DIN 00010535
Primary Designation Managing Director
Industry Financial Services
First Appointment 18 Oct 1995
Oldest Company Age 31 yrs
Largest company Iifl Finance Limited · ₹10,237 Cr (FY 2025)
Combined revenue ₹11,765 Cr across 3 companies
Recognitions & Rankings
India's Top Philanthropists 2020 edition · Source: Hurun India
Rank#107- Donation
- ₹6 Cr
- Main cause
- Education
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Iifl Finance Limited L67100MH1995PLC093797 | Managing Director | 18 Oct 1995 | 1995 | ₹10,237 Cr (FY 2025) | Active |
 Iifl Home Finance Limited U65993MH2006PLC166475 | Director | 26 Dec 2006 | 2006 | ₹1,269 Cr (FY 2018) | Active |
 Pratham Education Foundation U80101MH2002NPL136300 | Director | 27 Mar 2018 | 2002 | ₹259 Cr (FY 2025) | Active |
 Sundar Bhanwar Foundation U85500MH2025NPL450392 | Director | 13 Jun 2025 | 2025 | Active | |
| Mnj Ventures Llp ACE-1204 | Designated Partner | 28 Nov 2023 | 2023 | Active | |
| Mnj Consultants Private Limited U74993MH2018PTC304658 | Director | 24 Jan 2018 | 2018 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 360 One Wam Limited L74140MH2008PLC177884 | Director | 17 Jan 2008 | 2008 | ₹1,738 Cr (FY 2018) | Active |
| Iifl Fintech Private Limited U72900MH2022PTC382767 | Director | 24 Jun 2022 | 2022 | ₹8.85 Cr (FY 2025) | Active |
 Livlong Insurance Brokers Limited U66010MH2005PLC154486 | Director | 05 Jul 2005 | 2005 | ₹111 Cr (FY 2025) | Active |
| Iifl Management Services Limited U64990MH2000PLC129816 | Director | 15 Jan 2001 | 2000 | ₹77.86 Cr (FY 2025) | Active |
 360 One Asset Trustee Limited U74990MH2009PLC193063 | Director | 05 Jun 2009 | 2009 | ₹1.78 Cr (FY 2018) | Active |
 Iifl Capital Services Limited L99999MH1996PLC132983 | Director | 29 Mar 2000 | 1996 | ₹2,603 Cr (FY 2026) | Active |
| Xlrb Infrastructure Private Limited U40102MH2008PTC179208 | Director | 21 Feb 2008 | 2008 | Active | |
| Sunder Bhawar Holiday Homes Private Limited U45400MH2011PTC221951 | Director | 26 Nov 2014 | 2011 | Dissolved (Liquidated) | |
 India Infoline Securities Private Limited U67120MH2000PTC125133 | Director | 22 Mar 2000 | 2000 | Amalgamated | |
| India Infoline Finance Limited U67120MH2004PLC147365 | Whole-Time Director | 07 Jul 2004 | 2004 | ₹3,857 Cr (FY 2018) | Amalgamated |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Nirmal Bhanwarlal Jain
Directorship timeline
Open interactive timeline →Iifl Finance Limited
Iifl Home Finance Limited
India Infoline Securities Private Limited
India Infoline Finance Limited
Premium access
Shareholding and investment profile for Nirmal Bhanwarlal Jain
Company-level share counts, filed values, and quarterly changes require authenticated premium access.
- Company-level holdings
- Filed share counts
- Reported values
- Quarterly changes
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nirmal Bhanwarlal Jain
Nirmal Bhanwarlal Jain currently holds 6 directorships: Iifl Finance Limited (Managing Director, since 18 Oct 1995, revenue ₹10,237 Cr (FY 2025)); Iifl Home Finance Limited (Director, since 26 Dec 2006, revenue ₹1,269 Cr (FY 2018)); Pratham Education Foundation (Director, since 27 Mar 2018, revenue ₹259 Cr (FY 2025)); Sundar Bhanwar Foundation (Director, since 13 Jun 2025); Mnj Ventures Llp (Designated Partner, since 28 Nov 2023); and 1 more.
Nirmal Bhanwarlal Jain was first appointed on 18 Oct 1995 as Managing Director at Iifl Finance Limited. The most recent appointment on record is 13 Jun 2025 at Sundar Bhanwar Foundation.
The 3 current companies of Nirmal Bhanwarlal Jain that report revenue have a combined latest revenue of ₹11,765 Cr: Iifl Finance Limited ₹10,237 Cr (FY 2025); Iifl Home Finance Limited ₹1,269 Cr (FY 2018); Pratham Education Foundation ₹259 Cr (FY 2025).
Nirmal Bhanwarlal Jain held 15 earlier board appointments: 360 One Wam Limited (Director, 17 Jan 2008 to 11 Jul 2024); Iifl Fintech Private Limited (Director, 24 Jun 2022 to 15 Jan 2024); Livlong Insurance Brokers Limited (Director, 05 Jul 2005 to 30 Mar 2015); Iifl Management Services Limited (Director, 15 Jan 2001 to 11 Mar 2014); 360 One Asset Trustee Limited (Director, 05 Jun 2009 to 26 Mar 2014); and 10 more.
The current boards of Nirmal Bhanwarlal Jain's companies include Bibhu Prasad Kanungo (Iifl Finance Limited), Bijou Kurien (Iifl Finance Limited), Gopalakrishnan Soundarajan (Iifl Finance Limited), Nihar Niranjan Jambusaria (Iifl Finance Limited), Nirma Anil Bhandari (Iifl Finance Limited), Samrat Sanyal (Iifl Finance Limited), among others.