Company Secretary
India’s GIFT IFSC framework now enables eligible Indian public companies to list their shares on recognised international exchanges without undertaking a traditional IPO or raising fresh capital. This article explains the legal structure behind direct listings under Section 23(3) of the Companies Act, the LEAP Rules 2024, and the IFSCA Listing Regulations.
The 2025 IFSCA Fund Management Regulations fundamentally reorient GIFT IFSC’s regulatory philosophy — from entry facilitation toward governance-led institution building. For fund managers, family offices, and global allocators, the implications go well beyond compliance. This is GIFT IFSC’s institutional coming-of-age moment.
India is no longer just a consumer of leased aircraft and ships. With GIFT City IFSC, it is emerging as a serious global leasing jurisdiction. This article explains the real reasons behind this shift—enforcement, tax efficiency, USD structuring, and deal economics.
India’s direct listing framework at GIFT IFSC is legally enabled but not yet operational. This article explains the regulatory gaps, execution challenges, and what companies must understand before planning a listing in 2026.
In 2026, the real question isn’t going public — it’s IPO or direct listing, and where.
This guide clarifies the legal position of direct listings in GIFT IFSC — what’s in place, what’s pending, and what’s often misunderstood. While IPOs raise capital, direct listings enable liquidity without dilution. As of April 2026, however, the framework is still not operational.
Direct listing in GIFT IFSC is often misunderstood as an IPO alternative—but it’s not a fundraising route. Under Regulation 40 of the IFSCA (Listing) Regulations, 2024, companies can list existing shares without issuing new ones. Here’s what the law allows, what’s still pending, and what promoters should prepare for ahead of the 2026 framework.
A senior advisor’s guide to fund-raising through GIFT IFSC — AIFs, direct listing, ECBs, bonds, and FIFs under the IFSCA 2025 framework. Strategic, not theoretical.
A complete practical guide to setting up an FME and AIF in GIFT IFSC. Understand structure, costs, regulatory process, and whether to choose a platform model or your own FME for long-term scalability.
A practical compliance calendar and inspection-ready checklist for Fund Management Entities under the IFSCA (Fund Management) Regulations, 2025, designed to help FMEs in GIFT IFSC institutionalise robust governance and avoid supervisory gaps.
A practical regulatory guide to the mandatory internal policies required for IFSC Fund Management Entities under the IFSCA (Fund Management) Regulations, 2025. Covers compliance, risk management, AML, cyber resilience, valuation, governance frameworks, and strongly recommended best-practice policies to ensure inspection readiness and regulatory defensibility.
