5paisa Capital’s Board of Directors has approved capital raise of Rs 2,508.7 million through a preferential issue of equity shares and warrants at Rs 500 per share which is a premium of over 70% to closing price of Rs 292 per share on NSE to a set of marquee investors and Promoters and Promoter Group. The preferential issue is subject to shareholder and other necessary approvals.
5paisa Capital is the fastest growing full-service discount brokerage company in the fintech space. It offers one-stop solutions to fulfil the evolving financial needs of customers through a cutting-edge digital platform.
