Fairfax India Holdings Corporation has launched an open offer to acquire an additional 26 percent stake in IIFL Capital Services. The move follows a 2000 crore rupee investment that raised its holding to 38.47 percent.
The offer is priced at 350 rupees per share and targets approximately 10 crore equity shares. This step allows Fairfax India to expand its position in the financial services firm in a structured manner through the open offer process.
Domestic institutional investors raised their holdings in several large-cap Indian companies during the March 2026 quarter. Buying focused on financial, technology, telecom and industrial names even as share prices fell sharply.
Imeripotiwa na AI
Coal India's offer for sale opened to retail investors with non-retail buyers showing robust interest on the first day. The state-owned miner reported subscriptions of 8.14 times from this group amid mixed views on its future.
India has opened its stock markets to direct investment by foreign individuals. The move aims to broaden capital sources beyond foreign portfolio investors.
Imeripotiwa na AI
More than a dozen companies are preparing to raise around ₹45,000 crore through initial public offerings in July. The offerings are expected to mark a strong return for India's primary market after a quieter period.
Goldman Sachs' Indian equity portfolio held through global funds fell 6 percent during the first half of calendar year 2026. The value dropped from 9,014 crore rupees in December 2025 to 8,470 crore rupees as of June 25, 2026. Eight stocks in the holdings posted gains ranging from 20 to 85 percent.
Imeripotiwa na AI
Global investors cut their holdings in India's financial services sector during the second half of May, though at a slower pace than earlier in the month. They sold shares worth ₹5,181 crore in the period. FPIs stayed net sellers overall despite inflows into other areas.