IIFLCAPSIIFL Capital Services Ltd.
IIFL Capital Services open offer draws nil tenders so far
- Mergers & acquisitions
- Financial services
Reviewed byRachit TripathiBlacklitt Research
IIFL Capital Services (NSE: IIFLCAPS) reported that no shares had been tendered in its open offer as at 14:00:55 on 04 Nov 2026, it said in a filing on 04 Nov 2026. The open offer by FIH Mauritius Investments Ltd, with HWIC Asia Fund as person acting in concert, seeks up to 10,01,44,112 equity shares of face value ₹2 each.
The open offer and the escrow count
FIH Mauritius Investments Ltd is the Acquirer under the SEBI (SAST) Regulations, 2011, with HWIC Asia Fund (Class A Shares) acting in concert. The offer covers up to 10,01,44,112 fully paid-up equity shares of face value ₹2 each in IIFL Capital Services Limited, formerly IIFL Securities Limited.
The escrow demat account, opened with Ventura Securities Limited, held Nil equity shares, which is 0.00% of the offer size. ICICI Securities Limited, the Manager to the Open Offer, filed the disclosure based on the escrow account statement.
Shares still subject to validation
The filing says tendered shares remain subject to validation and verification of complete documents, as applicable. It also says the number tendered may differ from the number the Acquirer accepts. The open offer is governed by the Letter of Offer dated 28 Oct 2026.
What the open offer means for IIFL Capital Services shareholders
Public shareholders have not yet tendered any shares, according to this update, and the Acquirer's acceptance of shares is still to come. The filing does not state the price per share offered, the number of shares the Acquirer will accept, the timeline for completion and payment, the reason for the offer, or the Acquirer's shareholding after the offer. These points are not known from this filing.
At a glance
| Item | Detail |
|---|---|
| Acquirer | FIH Mauritius Investments Ltd |
| Person acting in concert | HWIC Asia Fund (Class A Shares) |
| Shares sought | 10,01,44,112 equity shares of ₹2 each |
| Tendered as at 14:00:55 on 04 Nov 2026 | Nil (0.00% of offer size) |
| Escrow account broker | Ventura Securities Limited |
| Manager to the Open Offer | ICICI Securities Limited |
| Letter of Offer | Dated 28 Oct 2026 |
Filed with BSE on . Reference: Original filing (PDF)
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