5paisa Capital Ltd is engaged in offering a web based expertise platform for buying and selling in National Stock Exchange of India Ltd, BSE Ltd & in MCX via internet primarily based buying and selling terminal, cell software and a cutting-edge Name and Commerce Unit.
5paisa Capital Limited (5paisa) is amongst India’s fastest-growing technology-driven financial companies firm. Established in 2007, the Firm commenced operations within the yr 2016, and has since then, developed into a serious fintech participant.
5paisa Capital Limited product and services embrace
- Stock Broking,
- Depository Participant and distribution of
- other financial products
Profile of 5paisa Capital Limited (5paisa)
Incorporated in 2007, 5paisa Capital Limited is a technology-driven monetary service
firm having primarily a web based presence. It supplies monetary merchandise via on-line platforms and mobile applications.
- 1 Million+ Blissful Clients
- sixth Largest Dealer in India
- 2500+ Profitable Companions
- Website: https://www.5paisa.com/
5paisa Capital Limited is registered with SEBI as a inventory dealer, depository participant and analysis analyst, and with AMFI as a mutual fund distributor. It primarily targets retail traders and high-volume merchants who actively deal in securities market and search DIY (Do-it-yourself)
companies at a low price.
The Firm’s sturdy expertise platform and superior cell purposes, synthetic intelligence powered Robo Advisory platform, and paperless account opening platform are among the examples of its technological superiority.
Following are the stat for FY 2020-21
- ₹195 Cr Income for FY 2020-21
- 80% Growth in income over earlier yr
- 6,992,469 Cellular app downloads
- 811,228 Clients acquired in FY 2020-21
- 131% Growth in customer acquisition
- 1.35 Mn Clients with 65% Active Clients
5paisa Capital Limited constantly endeavors to reinforce digital choices, enhance operational effectivity, and increase buyer satisfaction.
The Firm gives a variety of monetary services for all funding wants of shoppers together with on-line discounted inventory broking, depository companies, analysis and distribution of mutual funds, peer-to-peer lending, amongst others.
The Firm’s sturdy expertise platform and huge experience has earned it a robust customer base.
Common Details about the corporate
- Corporate Identity Number (CIN) of the Firm: L67190MH2007PLC289249
- Identify of the Firm: 5paisa Capital Limited
- Registered Address: IIFL House, Sun Infotech Park, Road No. 16, Plot No. B-23, MIDC, Wagle Estate, Thane – 400604
- Web site: www.5paisa.com
- Electronic mail id: email@example.com
The Firm as on March 31, 2021 has a robust workforce of 762 staff. 5paisa capital itemizing – The corporate was listed in NSE and bse.
Trading and investment across various financial products
5paisa Capital Ltd present customer with Take pleasure in trading and funding throughout numerous financial merchandise utilizing 5paisa’s All-in-one Account
- Mutual Funds
- Gold Loan
- Insurance coverage
Begin inventory buying and selling for supply or intraday in NSE or BSE and commerce throughout 5000+ listed firms. The corporate present buying and selling in forex, commodities, inventory and index futures and choices. Purchase, promote or commerce numerous commodities like gold, oil and agricultural commodities at present or future date.
5paisa capital additionally present buying and selling in forex the place you should buy and promote currencies within the overseas change market. Get entry to Direct Mutual Funds and save large on commissions utilizing the instruments that may enable you calculate your returns on mutual fund. Purchase and promote Digital Gold at your comfort utilizing 5paisa platform.
5PCL can be a SEBI accredited Analysis analyst, a Depository Participant below CDSL and registered member of AMFI. 5PCL supplies a variety of monetary companies
to its clients together with
- depository services,
- distribution of mutual funds,
- bonds and debentures,
- Equity and Mutual fund analysis,
- Investment advisory services via its technology based platforms.
5paisa Loans – A Lending Platform
In Might 2020, the corporate is ventured into a brand new enterprise section i.e. peer-to-peer lending (P2P) by way of web site 5paisaloans.com and cell app 5Paisa Loans.
P2P is aimed toward providing the traders one more funding choice to diversify their
portfolio and safe larger returns. This initiative makes the end-to-end journey each for borrowing and lending utterly on-line.
Presently, the platform has greater than 6,173 lenders and 69,825 registered debtors with a disbursement of ₹ 17 million.
Subsidiary Companies of 5paisa
The corporate 5paisa capital limited has 3 subsidiary specifically
- 5paisa P2P Limited
- 5paisa Insurance Brokers Limited
- 5paisa Trading Limited
5paisa Capital Limited has 3 Wholly Owned Subsidiaries.
5paisa P2P Limited was included on December 17, 2017 with the target to offer a web based market to the contributors concerned in peer to look lending and in addition to behave as a distributor of monetary merchandise together with distribution
of insurance coverage merchandise.
The group firms has acquired approval from RBI to start its enterprise as NBFC P2P and the group firms will provoke its P2P actions shortly.
5paisa Insurance Brokers Limited was included on October 27, 2018 with the target to undertake the actions of Insurance coverage Brokers as permissible below IRDA (Insurance Brokers) Regulations 2002 and different associated actions.
The group firms has utilized with IRDA for endeavor the actions of Insurance coverage Brokers & awaiting for approval.
Archana Hingorani – Chairman
Dr. Archana Hingorani is the Chairperson and Independent Director of the Firm. She holds an M.B.A and Ph.D. in finance from the College of Pittsburgh, United States. She has over thirty one (31) years of expertise within the asset administration enterprise, instructing and analysis.
Within the latest previous, she was related to IL&FS Group till 2017 in numerous
capacities, together with being the CEO of IL&FS Funding Managers Limited. She has wealthy
expertise in fund elevating, investing, nurturing investments via 4 completely different financial cycles and carving exit paths, amongst others.
Archana Hingorani has additionally been concerned in mentoring and nurturing smaller start-ups within the expertise, training, monetary inclusion and inspiring start-ups run by girls entrepreneurs.
She has been named as essentially the most influential woman in India by numerous publications, together with Enterprise At present within the years 2011, 2012 and 2013, Asian Investor within the yr 2014, and Fortune India in years 2014, 2015 and 2016. She is a member of the Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee of the Firm.
Prakarsh Gagdani – Chief Executive Officer
Mr. Prakarsh Gagdani is the Complete-Time Director and Chief Govt Officer of the Firm. He holds a Submit Graduate Diploma Diploma in Enterprise Administration from Pondicherry College and has performed his bachelor’s in Enterprise Administration from Mulund Faculty of Commerce, Mumbai College.
He has greater than eighteen (18) years of cross-functional expertise in gross sales, advisory, product growth and enterprise growth. Prior to now, he was related to Angel Broking Limited for about twelve (12) years. He’s a member of the Stakeholder Relationship Committee of the Firm.