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5paisa Capital board approves fresh capital raise of Rs 250 crore

5paisa Capital board approves fresh capital raise of Rs 250 crore
ANI |
Updated: Apr 14, 2021 16:47 IST
Mumbai (Maharashtra) [India], Apr 14 (ANI): The board of directors at 5paisa Capital has approved capital raise of Rs 250.8 crore through a preferential issue of equity shares and warrants at Rs 500 per share which is a premium of over 70 per cent at the current price of Rs 292.
The online platform said the sale will be to a set of marquee investors and promoters besides the promoter group. The preferential issue is subject to shareholder and other necessary approvals.
The business has been witnessing rapid growth with total income of over Rs 140 crore for nine months of FY21, up 98 per cent year-on-year. ....

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5paisa board approves fresh capital raise of Rs 250 crore

5paisa board approves fresh capital raise of Rs 250 crore
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5paisa board approves fresh capital raise of Rs 250 crore

5paisa board approves fresh capital raise of Rs 250 crore
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5paisa board approves fresh capital raise of Rs 250 crore

5paisa board approves fresh capital raise of Rs 250 crore
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5paisa board approves fresh capital raise of Rs 250 crore

5paisa board approves fresh capital raise of Rs 250 crore
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