5paisa Capital share price surges on plans to raise ₹250 cr via equity issue1 min read 15 Apr 2021, 10:27 AM IST
The investment will be made by Ward Ferry, Fairfax and RIMCO, along with the promoter group, which includes IIFL's Nirmal Jain, Madhu Jain and R Venkataraman, the company said.
Shares of 5paisa capital surged 20% in Thursday's early deals to ₹350 per share on the NSE after the company announced on Wednesday that it is raising ₹250 crore through a preferential issue of shares to investors and warrants to promoters.
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