5paisa Capital gets approval to raise Rs 2,508.7 million

14 Apr 2021 Evaluate

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.

5Paisa Capital Share Price

506.05 16.75 (3.42%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
ICICI Securities 729.00
Angel One 3043.90
Motilal Oswal Fin 1670.00
Share India Sec. 1600.00
SMC Global Sec. 124.20
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