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5paisa Capital hits 5% lower circuit on listing

The stock locked in lower circuit of 5% at Rs 380 on the National Stock Exchange.

5paisa Capital hits 5% lower circuit on listing
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SI Reporter Mumbai
5paisa Capital, a part of the IIFL Group, was locked in lower circuit of 5% at Rs 380 on the National Stock Exchange (NSE) on first of its debut. The stock opened at Rs 400 on the NSE.

Till 10:05 AM; around 6,108 shares changed hands and there were pending sell orders for 10,907 shares on the NSE, the exchange data shows.

IIFL holdings hived off 5paisa Capital into a separate company. The 5Paisa Digital business undertaking of IIFL Holdings has been transferred to 5Paisa Capital and in consideration thereof 5Paisa Capital has issued to the shareholders of