digital Investment platform 5Paisa Capital has successfully completed its rights issue of Rs 468.8 crore. The company’s rights issue received a total subscription of 1.24 times. According to stock market data, the issue opened on March 27 and closed on Friday, April 10. In this, subscription was received for about 1.93 crore shares as against 1.56 crore shares. The price of the rights issue was fixed at Rs 300 per share. Eligible shareholders were given the right to purchase 1 right share for every 2 shares held.
Digital investment company will allot shares on April 15
The date for allotment of shares has been fixed as April 15, 2026. After this, the shares are expected to be credited to the demat accounts of investors on the same day and they will be listed on NSE and BSE on April 16, 2026. Let us tell you that 5Paisa Capital Limited is India’s first listed discount broking platform, which went public in 2017. This company was founded by Nirmal Jain, who also founded IIFL Group. It competes with digital investment platforms like Zerodha, Groww, Upstox and Paytm Money.
Shares of 5Paisa Capital closed with gains on NSE on Friday.
The company primarily offers a variety of services through its technology-driven platform, including equity and derivatives trading, mutual fund investments, insurance products and margin funding. Let us tell you that on Friday the company’s shares closed at Rs 305.11 on NSE with a rise of 1.53 percent (Rs 4.61). During trading yesterday, the company’s shares ranged from an intraday low of Rs 301.15 to an intraday high of Rs 306.99. The 52 week low of the company’s shares is Rs 245.50, while its 52 week high is Rs 437.38.
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