5paisa Capital gains on planning to raise funds through NCDs
5Paisa Capital is currently trading at Rs. 364.70, up by 0.30 points or 0.08% from its previous closing of Rs. 364.40 on the BSE.
The scrip opened at Rs. 360.25 and has touched a high and low of Rs. 372.80 and Rs. 360.25 respectively. So far 2139 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 577.40 on 15-Jul-2021 and a 52 week low of Rs. 293.25 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 381.95 and Rs. 350.00 respectively. The current market cap of the company is Rs. 1086.82 crore.
The promoters holding in the company stood at 29.95%, while Institutions and Non-Institutions held 24.87% and 45.17% respectively.
5paisa Capital is planning to raise funds through issuance of Secured or Unsecured Redeemable Non-Convertible Debentures (NCDs), in one or more tranches on an annual basis through private placement basis. The Board of Directors of the company is scheduled to be held on April 27, 2022, to consider and approve the same.
5paisa Capital is the fastest growing full-service discount brokerage company in the fintech space.