Live 360 ONE WAM Share Price Chart

O 723.45

H 723.45

L 723.45

VOL 169

360 ONE WAM Performance

Days Range

Low: ₹707.90
High: ₹743.95
Previous Close ₹716.30
Open ₹723.45
Volume 8,24,660
Day’s Range ₹707.90 - ₹743.95
52W Range ₹395.10 - ₹788.95
Market Cap ₹25,671 Cr

360 ONE WAM Fundamentals

ROCE (TTM) 12.12
P/E Ratio (TTM) 35.78
P/B Ratio 7.86
Industry P/E 18.96
Debt to Equity 2.42
ROE 21.34
EPS (TTM) 20.01
Dividend Yield 9.57
Book Value 91.07
Face Value 1

360 ONE WAM Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Expenses329.75357.02396.29437.03
Profit before tax200.08223.87226.75235.03
Operating Profit155.41183.58185.91192.11
Net Profit155.41183.58185.91192.11
EPS in Rs4.375.155.215.36

About 360 ONE WAM

History

360 One Wam Ltd. was established on January 17, 2008, under the name IIFL Wealth Management Ltd. The company is a holding company of multiple subsidiaries. Together, they are engaged in wealth and asset management services such as financial asset distribution, broking, lending, investment advisory, and portfolio management.

In 2009, IIFL Inc. set up its international offices outside India, including in Dubai, Singapore and Mauritius. In 2017, IIFL Asset Management launched the Special Opportunities Fund, the first pre-IPO fund in India, which raised over ₹7,500 crores. In 2019, the company’s wealth business undertaking demerged as a separate listed entity. In the same year, the company’s stock also got listed on the stock exchanges.

In FY 2022, the company launched a suite of products like the IIFL Special Opportunities Fund Series 4 (SOF8), the Monopolistic Market Intermediaries Fund (MMIF), the Turnaround Opportunities Fund, the Income Opportunities Fund, a credit fund, etc. Furthermore, it launched the first quant-based in India under the IIFL Quant Fund. The following year, it launched another set of funds, namely, the 360 ONE Special Opportunity Fund – Series 11 and 360 ONE Mid-Stage Venture Fund I. It also raised money for its Commercial Yield Fund (a CAT II AIF), and a sector-agnostic debt strategy that targets high-quality credit which is backed by robust collaterals.

Business Segments

The company has the following business segments, which are its reportable segments.

  1. Wealth Management: The wealth management segment includes the distribution of financial products and advisory, equity and debt broking, estate planning, etc. The segment also involves the lending and investment business, which is complimentary to the wealth management business as it is largely involved in servicing its clients under wealth management.
  2. Asset Management: The asset management segment involves the management of pooled funds under different financial products such as mutual funds, alternative asset funds, portfolio management, etc.

Subsidiaries

The following are some of the subsidiaries of 360 One WAM:

  1. 360 ONE Asset Management Limited – This subsidiary manages various mutual funds such as index funds, equity funds, etc.
  2. 360 ONE Prime Limited – This subsidiary is an NBFC.
  3. 360 ONE IFSC Limited – This subsidiary manages the company’s operations inside GIFT City, Gujarat.
  4. 360 ONE Inc. – This subsidiary manages all the operations of the company in the USA.

Key Personnel

Mr Karan Bhagat, MD and CEO

Mr Bhagat has over two decades of experience in the business of financial services. He is a founder of the company and has led it over the years in terms of team-building and strategising.

Corporate Actions

The following are some of the corporate actions undertaken by the company in recent years:

Stock Split

The stock was split from a face value of ₹2 to ₹1 per share with a record date of March 2, 2023.

Bonus Issue

The company provided bonus stocks at a 1:1 ratio with a record date of March 2, 2023.

Mergers and Acquisitions

  • In 2011, IIFL Wealth Management acquired Pune-based Finest Wealth Managers adding nearly ₹1,700 crores to AUM.
  • In 2016, the company acquired an NBFC, adding to it a capital of ₹900 crore, and renamed it IIFL Wealth Finance Ltd.
  • In 2020, the company acquired L&T Capital Markets, which was a wholly-owned subsidiary of L&T Finance Holdings.
Parent Organisation India Infoline
Founded 2008
Managing Director Nilesh Shivji Vikamsey
NSE Symbol 360ONE

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Palash Securities Ltd ₹116.84

117.45

0.35 (0.30%)

115.5 - 122.65
Prime Securities Ltd ₹609.85

180.95

2.95 (-1.60%)

179 - 184.5
IL&FS Investment Managers Ltd ₹314.97

9.95

0.05 (-0.50%)

9.75 - 10.15
Repco Home Finance Ltd ₹2,727.36

436.8

0.20 (0.05%)

427.2 - 443.9
Home First Finance Company India Ltd ₹7,865.83

869.5

18.75 (-2.11%)

863.25 - 896

What's Trending

360 ONE WAM FAQs

What is the Share price of 360 ONE WAM (360ONE)?

360 ONE WAM (360ONE) share price as of February 29, 2024, on NSE is Rs 725.25 (NSE) and Rs 718.95 (BSE) on BSE.

Can I buy 360 ONE WAM (360ONE) shares?

Yes, You can buy 360 ONE WAM (360ONE) shares by opening a Demat account with Angel One.

How do I buy 360 ONE WAM (360ONE) from Angel One?

360 ONE WAM (360ONE) share can be brought through the following modes:
  1. Direct investment: You can buy 360 ONE WAM (360ONE) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to 360 ONE WAM (360ONE) shares.

Is IIFL Wealth Management a Debt free Company?

No, IIFL Wealth Management is not a debt free company.

What is the main business of IIFL Wealth Management?

The main business of IIFL Wealth Management, now known as 360 one wealth, is to provide wealth management services, including investment products, lending solutions, and estate planning.

Who are the promoters of IIFL Wealth Management?

The top promoters of IIFL Wealth Management include Nirmal Bhanwarlal Jain, Yatin Shah, Kyra Family Private Trust (trustee being IIFL Investment Adviser and Trustee Services Ltd), Kush Family Private Trust (trustee being IIFL Investment Adviser and Trustee Services Ltd), Madhu N Jain, and Venkataraman Rajamani.

What are the Subsidiaries that comes under IIFL Wealth Management?

Some of the top subsidiaries that come under IIFL Wealth Management are IIFL Wealth Distribution Services Limited, IIFL Asset Management Limited, IIFL Wealth Securities IFSC Limited, IIFL Wealth Portfolio Managers Limited, IIFL Investment & Adviser Trustee Services Limited, IIFL Trustee Limited, and IIFL Asset Management (Mauritius) Limited.