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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, 05:09
5paisa Capital is acquiring 100% of Giskard Datatech Private Limited, a provider of data-driven technology solutions, for a combination of cash and a share swap. The deal, expected to close within six months pending regulatory approvals from SEBI, will see 5paisa pay up to Rs 121.57 crore (approximately $14.7 million USD) in cash for 58.68% of Giskard’s shares, alongside issuing 20,50,588 equity shares representing a 37.65% stake. The acquisition is intended to bolster 5paisa’s analytics and research capabilities, leveraging Giskard’s expertise and recent revenue growth, which reached Rs 15.75 crore in fiscal year 2024-25. The share swap will increase the holdings of Mr. Amber Pabreja and Ms. Devi Yeshodharan, significant shareholders in Giskard, to approximately 2.42% and 1.77% of 5paisa Capital, respectively.