Open Offer: Nil shares tendered so far, 0.00% of Offer Size
Open offer by FIH Mauritius Investments Ltd (with HWIC Asia Fund as PAC) for up to ~10.01 crore equity shares of face value INR 2 each.
By ScoutQuest · · 2 min read
- Offer Size
- ~10.01 crore equity shares
- Face Value per Share
- INR 2
- Shares Tendered (escrow statement, Nov 02, 2026)
- Nil, i.e. 0.00% of the Offer Size
What the update says
The Manager to the Offer has informed the exchanges about the status of the open offer for IIFL Capital Services Ltd.
- The open offer is for acquisition of up to ~10.01 crore fully paid-up equity shares of face value INR 2 each.
- The acquirer is FIH Mauritius Investments Ltd, acting along with HWIC Asia Fund (Class A Shares) as the person acting in concert.
- The open offer is made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and follows the Letter of Offer dated October 28, 2026.
What has been tendered so far
- As per the Open Offer Escrow Demat Account statement received from Ventura Securities Limited, Nil equity shares, constituting 0.00% of the Offer Size, had been tendered as at 14:54:24 on November 02, 2026.
- This disclosure specifically reflects shares held in dematerialised form and tendered by public shareholders into that escrow demat account.
What this means for a retail shareholder
- An escrow demat account is where shareholders park the shares they wish to offer in the open offer. The update simply counts what is sitting there at a point in time.
- Nil tendering at this stage means no shares had been lodged in that account at the time of the statement.
- Shares shown as tendered are still subject to validation and verification of a complete set of documents, and only shares validly tendered will be accepted, as per the SEBI (SAST) Regulations and the Letter of Offer.
- The number of shares tendered may differ from the number finally accepted by the acquirer.
Key figures to keep in mind
- Offer Size: ~10.01 crore equity shares
- Face value per share: INR 2
- Shares tendered as per the escrow statement: Nil
- Share of the Offer Size tendered: 0.00%
Also from IIFL Capital Services
Open offer: Nil equity shares tendered in escrow demat account, 0.00% of Offer Size
3 Nov 2026
Open offer update: nil shares tendered in IIFL Capital Services offer
3 Nov 2026
Open offer: Nil shares tendered in escrow demat account for IIFL Capital Services
3 Nov 2026
More numbers
- Open offer size (equity shares)10,01,44,112
- Face value per equity shareINR 2
- Shares tendered in escrow demat accountNil
- Tendered shares as % of Offer Size0.00%
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