IIFL Capital Services542773Open offer update
Open offer update: nil shares tendered in IIFL Capital Services offer
ICICI Securities, Manager to the Offer, updated the exchanges on the open offer for IIFL Capital Services Ltd.
By ScoutQuest · · 2 min read
- Offer size
- up to ~10.01 crore 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
- 17:01:37 on November 02, 2026
What the update says
- ICICI Securities Ltd, acting as Manager to the Offer, has written to BSE and NSE about the open offer for IIFL Capital Services Ltd (formerly IIFL Securities Ltd).
- The offer is made by FIH Mauritius Investments Ltd (the Acquirer), together with HWIC Asia Fund (Class A Shares) as the person acting in concert, under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The open offer is for up to ~10.01 crore fully paid-up equity shares of face value INR 2 each.
Where the offer stands
- The disclosure covers equity shares tendered by public shareholders in the open offer escrow demat account named "MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACCOUNT" with Ventura Securities Limited.
- As per the escrow demat account statement received from Ventura Securities Limited at 17:01:37 on November 02, 2026, Nil equity shares, forming 0.00% of the Offer Size, had been tendered.
- The update states this reflects equity shares held in dematerialised form and tendered by public shareholders in that escrow account.
What happens to tendered shares
- Shares tendered by public shareholders are subject to validation and verification of submission of a complete set of documents.
- Shares that are validly tendered will be accepted in accordance 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 the Acquirer finally accepts in the open offer.
How to read this
- This is a status update on tendering in the open offer, not a change in the offer itself.
- The tendering figure is a point-in-time record of the escrow demat account, and the update notes it may differ from the shares finally accepted.
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: 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 (maximum equity shares)10,01,44,112
- Face value per equity shareINR 2
- Equity shares tendered in escrow demat accountNil
- Tendered shares as % of Offer Size0.00%
Source: BSE · 3 Nov 2026
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