5paisa Capital acquires Giskard Datatech, making it a subsidiary
5paisa Capital Limited has increased its shareholding in Giskard Datatech Private Limited (GDPL) from 19.76% to 57.41% through a share swap arrangement. This acquisition, valued at ₹77.92 Crore (₹77,92,23,440) through the issuance of 20,50,588 equity shares at ₹380 each, makes GDPL a subsidiary of 5paisa Capital, effective November 3, 2026. The move aims to bolster the company's digital capabilities, expand technology offerings, and achieve strategic synergies. GDPL, with a turnover of ₹19.55 Crore, operates in the Technology and Data Analytics sector.
Key Highlights
- 5paisa Capital's stake in Giskard Datatech rises to 57.41%.
- Giskard Datatech now a subsidiary of 5paisa Capital.
- Acquisition completed via share swap valued at ₹77.92 Crore.
- Deal aims to enhance digital capabilities and technology offerings.
- GDPL has a turnover of ₹19.55 Crore in Technology and Data Analytics.
Price Impact
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