NIIT Limited has decided to buy additional shares in its subsidiary, NIIT Institute of Finance Banking and Insurance Training Limited (IFBI). It will purchase:
Earlier, NIIT held 80.72% of IFBI. After this deal, it will own 100%, making IFBI a wholly owned subsidiary.
This move is part of NIIT’s business strategy to fully control IFBI, which aligns with its focus on training in the Banking, Financial Services and Insurance (BFSI) sector. The deal is expected to be completed by September 30, 2025.
IFBI, started in 2006, trains people for jobs in the BFSI sector. It’s based in Gurgaon, India. Revenue in last 3 years:
Net worth (as of March 31, 2024): ₹219 million
Also Read: NIIT Learning Systems Limited (NIIT MTS) Ranked Among Top 20 Learning Services Companies
As of April 21, 2025, at 11:15 AM, NIIT Ltd Share Price is trading at ₹132.25 per share, reflecting a surge of 1.21% from the previous closing price. Over the past month, the stock has registered a profit of 5.12%. The stock’s 52-week high stands at ₹233.80 per share, while its low is ₹90.55 per share.
This strategic acquisition aligns with NIIT’s goal to consolidate its holdings in IFBI, strengthening its position in the BFSI training market. The move simplifies ownership and enhances operational control over the subsidiary.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 21, 2025, 2:48 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
