IIFL Capital Services542773Open offer update

Open offer: 1 equity share tendered in escrow, 0.00% of offer size

Open offer for up to ~10.01 crore equity shares of IIFL Capital Services.

By ScoutQuest · Thu 5 Nov 2026, 2:43 PM IST · 2 min read

Shares tendered in escrow demat account: 1 Equity Share
Tendered as % of Offer Size: 0.00% of the Offer Size
Offer size: up to ~10.01 crore equity shares of face value INR 2 each

What the update covers

This is an update from ICICI Securities Ltd, which is acting as the Manager to the Open Offer, to BSE and NSE. It reports the position of equity shares tendered by public shareholders in the dedicated escrow demat account opened for this open offer.

The offer being made

Acquirer: FIH Mauritius Investments Ltd, along with HWIC Asia Fund (Class A Shares) as the person acting in concert.
Target company: IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd).
Offer size: up to ~10.01 crore fully paid-up equity shares of face value INR 2 each.
The offer is being made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the Letter of Offer dated October 28, 2026.

What the update says

Shares tendered in the escrow demat account: 1 Equity Share.
This equals 0.00% of the Offer Size.
The figure is as per the escrow demat account statement received by the Manager to the Offer from Ventura Securities Ltd, as at 13:16:01 on November 05, 2026.
The disclosure reflects equity shares tendered in dematerialised form by public shareholders in that escrow account.

How to read the numbers

The offer is for up to ~10.01 crore shares, and the escrow account shows 1 share tendered. One share is such a small fraction of the offer size that it is printed as 0.00% after rounding to two decimals. In plain terms, the shares shown as tendered in the escrow account so far are negligible relative to the size of the offer.

What happens to tendered shares

Shares tendered by public shareholders are subject to validation and verification of the complete set of documents.
Only shares that are "validly tendered" in the Open Offer will be accepted, in line with the SEBI(SAST) Regulations and the Letter of Offer dated October 28, 2026.
The number of shares tendered by public shareholders may differ from the number of shares that will actually be accepted by the Acquirer.

What this means for a retail shareholder

This is a status disclosure on how many shares have been submitted into the open offer's escrow account at a given point in time. The number of shares finally accepted by the Acquirer will be decided after the validation process, so the tendered figure is not the same as the accepted figure.

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