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5 paisa capital was started in 2007. It is a fintech company having presence mainly in online discounted stock broking, depository services, research, distribution of financial products, and peer-to-peer lending.Its Promoter is Mr. Nirmal Jain who is also the promoter of IIFL Group.
CRISIL reaffirmed 5paisa Capital's existing credit ratings. Non-Convertible Debentures (NCDs) and Long Term Bank Loan Facility maintained Crisil A+/Stable. Short Term Bank Loan Facility and Commercial Paper (enhanced to ₹400 Cr) were reaffirmed at Crisil A1+. Additionally, CRISIL assigned a Crisil A+/Stable rating to a new ₹50 Cr NCD. The...