Infibeam Avenues Gains Almost 3% After Subsidiary Secures IFSCA Nod to Operate as PSP in GIFT City

Gandhinagar, October 28, 2025 – Shares of Infibeam Avenues Ltd (NSE: INFIBEAM, BSE: 539807) rose 2.93% to ₹19.32 in trade on Tuesday after the company announced that its wholly owned subsidiary, IA Fintech IFSC Pvt Ltd, received in-principle approval from the International Financial Services Centres Authority (IFSCA). The approval allows the subsidiary to act as a Payment Service Provider (PSP) in GIFT-IFSC.

Key Approval Highlights

In its regulatory filing dated October 27, 2025, the company mentioned that the approval allows IA Fintech to offer Escrow Service, where it can secure holding and disbursement of funds for transactions; Cross Border Money Transfer Service, which allows for facilitation of international remittance and payment flows; and Merchant Acquisition Service for onboarding and enabling merchants for digital payment acceptance.

The services are within GIFT-IFSC and will enable the company to strengthen its fintech footprint in the global payment ecosystem, particularly in cross-border and institutional payment solutions.

Company’s Take

Showing enthusiasm about the in-principle approval, Infibeam stated that it reinforces the company’s position in the fintech ecosystem. The company further added that the approval aligns with its goal to expand regulated financial services across international jurisdictions through its subsidiary network in GIFT City.

Market Reaction and Trading Details

As of October 28, 2025, 02:30 pm, shares of Infibeam Avenues Ltd were trading at ₹19.10, up by 1.76% or 0.33 points. The company opened in green at ₹18.79 and since then has had decent trading with its total traded volume at 83.53 lakhs and traded value of ₹15.95 crore, while the total market capitalisation stood at ₹5,343.99 crore.

Infibeam Avenues Ltd is a leading digital payment and e-commerce technology company. The company is headquartered in Gandhinagar, Gujarat and is listed on the NSE and BSE since April 2016 under the tickers INFIBEAM and 539807, respectively. It operates under the Nifty Microcap 250 index, with businesses spanning across various segments like digital payment gateways, data-driven fintech platforms, and enterprise software solutions.

REF: https://nsearchives.nseindia.com/corporate/INFIBEAM_27102025192800_IntimationIFSCA27102025.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations