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5paisa Capital gets nod to raise funds on private placement basis

18 Apr 2018 Evaluate

5paisa Capital’s board has approved enabling resolution for raising funds through issue of Non- Convertible Debentures (NCDs) on a Private Placement basis, upto a limit of Rs 250 crore. The Board of directors of the company at its meeting held on April 17, 2018 has approved for the same.

5paisa Capital is one-stop shop catering to the needs of consumers of financial services by facilitating an efficient investment experience through its platform 5paisa.com. It is amongst the early entrants into online, discount broking space.

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