Our Company was originally incorporated as a public limited company under the provisions of the Companies Act, 1956 as "India Infoline Finance Holdings Limited" pursuant to a certificate of incorporation dated July 10, 2007 issued by the RoC. Thereafter, our Company obtained the certificate for commencement of business on July 19, 2007 from the RoC. The name of our Company was subsequently changed to "IIFL Capital Limited" and a fresh certificate of incorporation dated November 6, 2007, consequent upon change of name, was issued by the RoC. Thereafter, the name of our Company was changed to "5paisa Capital Limited", and a fresh certificate of incorporation, consequent upon change of name, was issued by Registrar of Companies, Tamil Nadu at Chennai (where the registered office of our Company was located), on August 12, 2015.
Major events and milestones: 2007 -Incorporated as India Infoline Finance Holdings Limited
2011 -Became a member of the Stock Exchanges and was granted a certificate of registration as a "stock broker" by SEBI
2015 -Registered with AMFI as a "mutual fund distributor" and was allotted an AMFI registration number -Obtained approval from the Stock Exchanges for our internet trading application i.e. 5paisa Trade Station
2016 -Obtained approval from the Stock Exchanges for its mobile application i.e., 5paisa Trading and robo-advisory. -Launched the discount brokerage business offering execution of trades at flat ` 10 per order -Became a member of CDSL and was granted a certificate of registration as a "depository participant" by SEBI
2017 -Granted a certificate of registration as a "research analyst" by SEBI -Demerger of our Company and IIFL Holdings Ltd. Company pursuant to the Scheme of Arrangement -Got listed on the Stock Exchanges on November 16, 2017.
2019
-The company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 70 per share.
-The company’s Mobile App has over 31,00,000 downloads till date with a sustained 4 Star rating on Playstore.
-The company added Gold investments and Sensibull trading to the product suite this quarter.
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