5paisa Capital Board approves Fresh Capital Raise of Rs.2,508.70 million
Posted On: 2021-04-13 09:35:45 (Time Zone: Arizona, USA)
The Board of Directors of 5paisa Capital ( the Company ), India s only listed pure play discount broker today 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 today s 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. The detail of the preferential issue is as follows:
Minting money on Dalal Street: What draws women to stock investing
Even as just 8 per cent of India s asset managers are women, according to Morningstar research, the number of women investors is growing
Aprajita Sharma March 8, 2021 | Updated 10:00 IST
The change is coming, but women still prefer safety over high-risk-high-return bets
Who says women and finances don t go well together? Meet new-age women, who not only take charge of their money but are also doing it in the male-dominated fields. Take, for example, Dalal Street. Even as just 8 per cent of India s asset managers are women, according to Morningstar research, the number of women investors is growing. At 5paisa.com, a listed discount broking firm, the count of women investors has more than doubled. They are not just working professionals, but homemakers are also taking the reins.
Why should just boys enjoy the bull run? Females flocking to equities too
SECTIONS
Share
Synopsis
Data available with a few broking firms suggests there has been a substantial rise in the number of women traders and investors in the last one year.
Getty Images
Some analysts say women traders’ interest can be attributed to the lure of creating an alternative option of earnings while being home.
Related
NEW DELHI: The Covid-19 pandemic not only made work-from-home a new normal , it has also drawn a lot of homemakers to the stock market. Women investors were seen aggressively rushing towards domestic equities all through the past year.
5Paisa Capital Posts Q3 Net Profit At Rs 3 06 Crore moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The volumes show liquidity is not a major issue for the Indian retail investor. Volumes are unlikely to go down drastically because of a sharp market rally, increase in client margin through pledge of shares and a gradual streamlining of the process.