IIFL Capital Services Establishes Wholly Owned Subsidiary in GIFT City IFSC
IIFL Capital Services Limited has successfully incorporated a new wholly owned subsidiary in the International Financial Services Centre (IFSC), GIFT City. The Ministry of Corporate Affairs approved the incorporation of the entity, named IIFL Capital (IFSC) Limited, on May 11, 2026.The new subsidiary, IIFL Capital (IFSC) Limited, is a wholly owned subsidiary of IIFL Capital Services Limited. It is positioned within the Financial Services sector and is incorporated in GIFT City, Gujarat, India.
The company has been established with the purpose of undertaking activities as a broker-dealer and distributor. These activities will adhere to the guidelines set forth by the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025, as amended from time to time.
The shareholding structure confirms that IIFL Capital Services Limited maintains a 100% ownership stake in the new subsidiary. The initial subscription to the share capital was made entirely through cash consideration by IIFL Capital.
Key details regarding the newly incorporated entity are summarized below:
| Detail | Information |
|---|---|
| Subsidiary Name | IIFL Capital (IFSC) Limited |
| Date of Incorporation | May 11, 2026 |
| Incorporation Country | IFSC, GIFT City, Gujarat, India |
| Industry | Financial Services |
| Authorised Capital | Rs. 10,00,00,000/- (Rupees Ten Crore only) |
| Ownership by Parent | 100% by IIFL Capital Services Limited |
| Nature of Consideration | Cash consideration |
IIFLCAPS Stock Price Movement
Today, IIFL Capital Services Limited shares slipped by 1.78% to close at ₹345.35, marking a modest drop for the equity. The stock traded on high volume today, with 1.20 million shares transacted throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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