IFL Enterprises Limited, originally established as Sarthak Suppliers Private Limited in 2009, is primarily engaged in the trading of textile products like fabrics. The company expanded its operations in 2016 to include corporate advisory and debt syndication services, focusing on small and medium enterprises (SMEs). It also acts as a Direct Selling Agent (DSA) for various financial institutions such as PNB Housing Finance, Tata Capital Housing Finance, and IDFC Bank.
In 2021, the company underwent a significant management change with Mr. Gandhi Nishant S acquiring a major stake, leading to an expansion of its business activities. IFL Enterprises now deals in manufacturing, importing, and exporting various types of paper and metal products, alongside its existing services. The company successfully raised funds through a public issue in March 2017, issuing 16,26,000 equity shares. This diversified portfolio positions the company across the textile, financial services, and basic materials sectors, catering to both corporate and non-corporate clients.
