5paisa Capital, India's first listed discount broking platform, has successfully completed its rights issue, raising ₹468.8 crore (approximately $56 million USD). The issue, which opened on March 27 and closed on April 7, 2023, was oversubscribed by 1.24 times, with bids for about 1.93 crore shares against 1.56 crore shares offered. Eligible shareholders were entitled to subscribe to one rights share for every two equity shares held, with shares priced at ₹300 each. Following the allotment on April 15, 2026, the new shares are expected to be credited to demat accounts and listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on April 16, 2026. Founded by Nirmal Jain, 5paisa Capital competes with other digital investment platforms such as Zerodha and Groww, offering services that include equity trading, mutual funds, and insurance products.