Open offer: Nil equity shares tendered in escrow demat account, 0.00% of Offer Size
ICICI Securities Ltd, Manager to the Offer, has updated the exchanges on the open offer for IIFL Capital Services Ltd.
By ScoutQuest · · 2 min read
- Offer Size
- up to ~10.01 crore fully paid-up equity shares of face value INR 2 each
- Shares Tendered in Escrow Demat Account
- Nil, i.e. 0.00% of the Offer Size
- Escrow Statement Timestamp
- 17:27:22 on November 03, 2026
A status update from the manager running the open offer
ICICI Securities Ltd, acting as Manager to the Offer, has informed BSE and NSE about the position of shares tendered in the escrow demat account of the open offer for IIFL Capital Services Ltd (formerly IIFL Securities Ltd).
What the open offer is
- The acquirer is FIH Mauritious Investments Ltd, acting together with HWIC Asia Fund (Class A Shares) as the person acting in concert.
- The offer is for up to ~10.01 crore fully paid-up equity shares of face value INR 2 each.
- It is made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the Letter of Offer dated October 28, 2026.
What this update reports
- As per the Open Offer Escrow Demat Account statement received by the Manager to the Offer from Ventura Securities Ltd, as at 17:27:22 on November 03, 2026, Nil equity shares, constituting 0.00% of the Offer Size, had been tendered in the escrow demat account named MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACCOUNT.
- The disclosure covers equity shares tendered in dematerialised form by public shareholders.
How to read it
- The escrow demat account is where shares tendered by public shareholders in an open offer are held and tracked.
- Shares tendered by public shareholders are subject to validation and verification of submission of the complete set of documents. Only the shares validly tendered are accepted, in accordance with the SEBI (SAST) Regulations and the Letter of Offer.
- The number of shares tendered, as reported, may differ from the number of shares that will finally be accepted by the acquirer in the open offer.
The update is a running tally of participation in the open offer, with the shares tendered in the escrow demat account as the figure to track.
Also from IIFL Capital Services
Open offer update: nil shares tendered in IIFL Capital Services offer
3 Nov 2026
Open Offer: Nil shares tendered so far, 0.00% of Offer Size
3 Nov 2026
Open offer: Nil shares tendered in escrow demat account for IIFL Capital Services
3 Nov 2026
More numbers
- Offer size (equity shares of face value INR 2 each)10,01,44,112
- Face value per equity shareINR 2
- Equity shares tendered in the escrow demat accountNil
- Shares tendered as a percentage of the Offer Size0.00%
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