IIFL Capital Services moves up on incorporating wholly owned subsidiary in GIFT City
IIFL Capital Services is currently trading at Rs. 348.40, up by 2.40 points or 0.69% from its previous closing of Rs. 346.00 on the BSE.
The scrip opened at Rs. 345.95 and has touched a high and low of Rs. 350.85 and Rs. 344.80 respectively. So far 21050 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 411.10 on 07-Jan-2026 and a 52 week low of Rs. 242.35 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 368.00 and Rs. 271.95 respectively. The current market cap of the company is Rs. 10895.54 crore.
The promoters holding in the company stood at 30.87%, while Institutions and Non-Institutions held 21.90% and 47.23% respectively.
IIFL Capital Services has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), GIFT City, Gujarat, by the name ‘IIFL Capital (IFSC)’. The Ministry of Corporate Affairs has approved the incorporation on May 11, 2026. IIFL Capital (IFSC) has been incorporated to undertake activities as a broker-dealer and distributor in accordance with the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025, as amended from time to time.
Earlier, the Board of Directors of the company at their meeting held on July 28, 2025 had inter-alia considered and approved the same.
