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5paisa Capital to acquire Giskard Datatech for up to Rs 121.57 crore via cash and share swap
29-Jul-2026, 05:07
5paisa Capital is acquiring 100% of Giskard Datatech Private Limited, a data-driven technology solutions provider and registered Research Analyst, in a deal involving both cash and a share swap. The acquisition, expected to close within six months pending regulatory approvals from the Securities and Exchange Board of India, will see 5paisa pay up to Rs 121.57 crore for 58.68% of Giskard’s shares and issue 2,050,588 equity shares, representing a 37.65% stake, to Giskard shareholders via a 1:31 swap ratio. The move is intended to expand 5paisa’s data analytics and research capabilities, with Giskard reporting revenue of Rs 15.75 crore in fiscal year 2024-25. The transaction will result in shareholdings of 2.42% and 1.77% for Mr. Amber Pabreja and Ms. Devi Yeshodharan, respectively, in 5paisa Capital.
5paisa Capital is acquiring 100% of Giskard Datatech Private Limited, a data-driven technology solutions provider and registered Research Analyst, in a deal involving both cash and a share swap. The acquisition, expected to close within six months pending regulatory approvals from the Securities and Exchange Board of India, will see 5paisa pay up to Rs 121.57 crore for 58.68% of Giskard’s shares and issue 2,050,588 equity shares, representing a 37.65% stake, to Giskard shareholders via a 1:31 swap ratio. The move is intended to expand 5paisa’s data analytics and research capabilities, with Giskard reporting revenue of Rs 15.75 crore in fiscal year 2024-25. The transaction will result in shareholdings of 2.42% and 1.77% for Mr. Amber Pabreja and Ms. Devi Yeshodharan, respectively, in 5paisa Capital.