Open Offer Details
The open offer is for acquisition of up to 10,01,44,112 (Ten Crore One Lakh Forty Four Thousand One Hundred Twelve) fully paid-up equity shares of face value of ₹2 each of IIFL Capital Services Limited.
Current Tender Status
As of 13:52:50 on November 12, 2026, a total of 45,35,712 equity shares have been tendered in the Open Offer Escrow Demat Account. This represents 4.53% of the total offer size.
Escrow Account Details
The Open Offer Escrow Demat Account is named "MIIPL IIFL CAPITAL SERVICES LIMITED OPEN OFFER ESCROW DEMAT ACCOUNT" maintained with Ventura Securities Limited. The account details are:
- Depository Participant Identification Number: IN303116
- Client Identification Number: 15922461
- PAN: AAACI7397D
Important Clarifications
The disclosure specifically reflects equity shares in dematerialized form tendered by public shareholders as per the escrow account statement received from Ventura Securities Limited.
Validation Process
All tendered equity shares are subject to validation and verification of submission of complete set of documents, as applicable. Only "validly tendered" shares will be accepted in accordance with:
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended)
- Letter of Offer dated October 28, 2026
Final Acceptance Note
The number of equity shares ultimately accepted by the acquirer (FIH Mauritius Investments Ltd) may differ from the currently tendered amount after the validation process.
Parties Involved
- Acquirer: FIH Mauritius Investments Ltd
- Person Acting in Concert: HWIC Asia Fund (Class A Shares)
- Target Company: IIFL Capital Services Limited
- Manager to Offer: ICICI Securities Limited
- Escrow Account Maintainer: Ventura Securities Limited