5Paisa Capital's Rs 469 Crore Rights Issue Oversubscribed by 124 Percent

5paisa Capital Closes Oversubscribed Rights Issue

Digital investment platform 5paisa Capital has successfully closed its Rs 468.8 crore rights issue, which was oversubscribed by 1.24 times. The issue, which opened on March 27 and closed on Friday, received bids for approximately 1.93 crore shares against 1.56 crore shares offered, as per stock exchange data.

The rights issue was priced at Rs 300 per share, with eligible shareholders entitled to subscribe to one rights share for every two equity shares held. This move marks a significant milestone for the company as it continues to expand its offerings and reach in the Indian financial sector.

Shares of 5paisa Capital Settle Higher

Shares of 5paisa Capital settled 1.53 per cent higher at Rs 305.11 on the National Stock Exchange (NSE). The company's strong performance is a testament to its growing popularity among investors and its position as India's first listed discount broking platform.

Allotment and Listing Details

The deemed date of allotment is April 15, 2026, following which the equity shares are expected to be credited to demat accounts the same day. The shares are also expected to be listed at the NSE and the BSE on April 16, 2026. MUFG Intime India is the registrar to the issue.

Company Overview

5paisa Capital Limited was founded by Nirmal Jain, who also established the IIFL Group. The company offers a range of services including equity and derivatives trading, mutual fund investments, insurance products, and margin funding, primarily through its technology-driven platform. It competes with digital investment platforms such as Zerodha, Groww, Upstox, and Paytm Money.

| Company | Oversubscription Ratio | | --- | --- | | 5paisa Capital | 1.24 times | | | |

Note: The oversubscription ratio is shown in the table above to provide a clear comparison of the level of oversubscription received by 5paisa Capital.