Verified employee & interview reviews

5paisa Capital Reviews

Mumbai, Maharashtra

4.5/ 5

2 reviews

5paisa Capital Limited (5PCL) is a prominent digital-first financial services provider in India, operating primarily as a discount brokerage. Originally incorporated on July 10, 2007, as India Infoline Finance Holdings Limited, the company underwent subsequent name changes to IIFL Capital Limited and eventually to 5paisa Capital Limited in August 2015. Initially functioning as a wholly owned subsidiary of IIFL Holdings Limited, the 5paisa digital undertaking was demerged from IIFL Holdings with an effective appointment date of October 1, 2016. Following this demerger, 5paisa ceased to be a subsidiary and mirrored the shareholding structure of IIFL Holdings. The company officially listed its shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in November 2017. Headquartered in Thane, Maharashtra, 5paisa targets retail investors and high-volume traders through an online technology-driven platform and dedicated mobile applications. It specializes in do-it-yourself (DIY) financial solutions, leveraging extensive mobile and internet penetration to operate with minimal physical infrastructure and low manpower. The company provides a broad basket of financial products and services, including online stock broking across equities, derivatives, commodities, and currencies, alongside depository services under CDSL. Additionally, it distributes mutual funds, bonds, debentures, and insurance products (spanning life, motor, and health coverage) and offers equity and mutual fund research. A pioneer in transparent pricing models within the Indian market, the platform offers investors a flat brokerage fee structure of ₹10 to ₹20 per order. As a publicly traded small-cap entity, 5paisa Capital operates under a structured governance framework led by Chairperson and Independent Director Dr. Archana Hingorani, alongside Managing Director and CEO Mr. Gaurav Seth, Whole-time Director and CFO Mr. Gourav Munjal, and Whole-time Director and CTO Mr. Ameya Agnihotri. The company's corporate compliance and operations are supported by an internal management team consisting of specialized heads across digital sales, marketing, trading products, investing products, customer service, revenue, risk management, and information security. Financially, 5paisa Capital reported a consolidated market capitalization of approximately ₹1,658 crore. For the final quarter of the fiscal year ending March 31, 2026, the company posted a standalone net profit of ₹10.87 crore, reflecting an 8.27% increase compared to the ₹10.04 crore reported in the corresponding period of the previous fiscal year. Its shareholding pattern as of April 2026 indicated that Indian promoters held 36.50% of the equity, while the public held 63.49%, and non-promoter/non-public entities retained the remaining 0.01%. The company caters to over 4 million customers across 28 Indian states, expanding its market reach to serve diverse customer archetypes including young investors, self-employed professionals, high-net-worth individuals (HNIs), and non-resident Indians (NRIs).