IIFL Capital Services completes ₹19,999.99 crore preferential share issue

IIFL Capital Services Limited has successfully completed a preferential issue, allotting 5,71,42,857 equity shares to FIH Mauritius Investments Ltd. The total value of this transaction amounts to approximately ₹19,999.99 crore (INR 1,999,99,99,950). This issuance has increased the company’s total paid-up equity share capital from 31,553,2512 shares to 37,267,5369 shares. The newly issued shares are set to be listed on both the BSE Limited and the National Stock Exchange of India Limited.

Preferential Issue Completion

IIFL Capital Services Limited has announced the successful completion of a preferential issue, following an earlier intimation on May 7, 2026. The Preferential Issue Committee of the company met on November 4, 2026, and approved the allotment of 5,71,42,857 equity shares to FIH Mauritius Investments Ltd (“Investor”). This significant transaction was conducted on a private placement basis.

Financial Details of the Issue

Each of the 5,71,42,857 equity shares was issued at a face value of INR 2/- and an issue price of INR 350/- per share. The total aggregate value of this preferential issue amounts to INR 1,999,99,99,950, which translates to approximately ₹19,999.99 crore. This issuance is in compliance with the Companies Act, 2013, and relevant SEBI regulations, as detailed in the investment agreement dated May 7, 2026.

Impact on Share Capital

As a consequence of this allotment, the total issued, subscribed, and paid-up equity share capital of IIFL Capital Services Limited has seen a substantial increase. The number of equity shares has grown from 31,553,2512 shares to 37,267,5369 shares, each with a face value of INR 2/-. The Subscription Shares will soon be listed on the BSE Limited and the National Stock Exchange of India Limited, subject to applicable laws.

Meeting Details

The Preferential Issue Committee meeting commenced at 1:30 p.m. on November 4, 2026, and concluded at 1:50 p.m.

Source: BSE

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