5paisa Capital to acquire Giskard Datatech for ₹121.57 Cr via cash and share swap
5paisa Capital will acquire 100% of Giskard Datatech for up to ₹121.57 crore via cash and a 1:31 share swap. This move aims to bolster 5paisa's digital capabilities and research offerings. The acquisition is subject to regulatory approvals and is expected within six months.
The acquisition of a technology-focused company like Giskard Datatech, which will become a wholly-owned subsidiary, is a significant strategic move that is expected to have a substantial impact on 5paisa Capital's business operations, market position, and future growth prospects.
The acquisition of Giskard Datatech is a strategic move to strengthen 5paisa's digital investment ecosystem and enhance its research and analytics capabilities, which is expected to drive growth and improve customer experience.
5paisa Capital Limited announced its board has approved the acquisition of 100% of Giskard Datatech Private Limited. The acquisition will be a combination of cash consideration and a share swap arrangement. The company proposes to acquire up to 1,03,082 equity shares (58.68%) of Giskard for an aggregate cash consideration not exceeding ₹121.57 crore. Additionally, it will acquire up to 66,148 equity shares (37.65%) through the issuance of 5paisa Capital shares on a preferential basis in a share exchange ratio of 1:31.
Upon completion, Giskard will become a wholly-owned subsidiary of 5paisa Capital. The company also approved a preferential issue of 20,50,588 equity shares in lieu of acquiring Giskard's shares. The board approved the draft notice for a postal ballot to seek shareholder approval for these transactions.
Giskard Datatech specializes in data-driven technology solutions, including software development, data processing, and analytics. This acquisition aims to strengthen 5paisa's digital investment ecosystem, integrate advanced research and analytics capabilities, and enhance customer experience. The integration is expected to improve customer engagement, retention, and create cross-selling opportunities. The acquisition is subject to necessary corporate, statutory, and regulatory approvals, including from SEBI, and is expected to be completed within six months.
The valuation of Giskard's equity shares was determined at ₹11,794 per share based on a valuation report dated June 18, 2026. Giskard's turnover for FY2024-25 was ₹15.75 crore. The preferential issue involves 20,50,588 equity shares to be issued to Mr. Amber Pabreja (11,82,588 shares) and Ms. Devi Yeshodharan (8,68,000 shares). The board meeting was held on July 28, 2026, from 8:30 PM to 9:30 PM.
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5Paisa Capital Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by 5Paisa Capital Limited. Read the original for the full detail.