GIFT City & IFSC LawAircraft & Ship Leasing in GIFT IFSC

Aircraft and Ship Leasing from GIFT IFSC: Complete Legal Framework, Regulatory Process, and Compliance Requirements Under IFSCA, FEMA, and the Income Tax Act, 2025

CS Prashant Kumar

Setting up an aircraft or ship leasing entity in GIFT IFSC requires completing a mandatory sequential process under IFSCA regulations, the SEZ Act, FEMA, and the Income Tax Act 2025. This article covers the complete legal framework, step-by-step setup process, owned fund requirements, sector-specific clearances, and tax structuring under Section 147 — written by a Company Secretary with direct, on-ground experience in GIFT City.

GIFT City & IFSC LawCapital Markets & Listings in GIFT IFSC

India’s New Global Listing Route: How Companies Can List at GIFT IFSC Without an IPO | The GIFT IFSC Direct Listing Route Explained

CS Prashant Kumar

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.

GIFT City & IFSC LawFund Management & AIF in GIFT IFSC

Why the 2025 IFSCA Fund Management Regulations Mark GIFT IFSC’s Institutional Coming of Age

CS Prashant Kumar

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.

GIFT City & IFSC LawCapital Markets & Listings in GIFT IFSC

Direct Listing vs IPO in GIFT IFSC: What Indian Companies Actually Need to Know in 2026

CS Prashant Kumar

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.

GIFT City & IFSC LawCapital Markets & Listings in GIFT IFSCGIFT City Capital Markets Documentation Series

Direct Listing in GIFT IFSC: A Complete Guide (2026)

CS Prashant Kumar

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.