IFSCA Licenses Nexent Capital for Investment Banking in GIFT City
Why in the news
The International Financial Services Centres Authority has cleared a new investment banker for GIFT City by licensing Nexent Capital IFSC Pvt. Ltd.
Key facts
- Regulator: IFSCA; licence type: Investment Banking.
- Recipient: Nexent Capital IFSC Pvt. Ltd.
- Base: GIFT City, Gandhinagar, Gujarat.
- Rules used: IFSCA (Capital Market Intermediaries) Regulations, 2025.
Permitted activities
| Category | Examples |
|---|---|
| Equity offerings | Initial and follow-on public offers (IPO, FPO) |
| Listings | SPAC listings, secondary listings |
| Debt | Debt capital market transactions |
| Other | Advisory services |
Significance
- Widens the range of capital-market services available in the GIFT City financial hub.
Exam angle
- Regulator: IFSCA; location: GIFT City, Gandhinagar, Gujarat.
- Regulation name: IFSCA (Capital Market Intermediaries) Regulations, 2025.
- Terms: IPO, FPO, SPAC.