5paisa Capital to acquire Giskard Datatech via share swap and cash
5PAISA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.7 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
5paisa Capital will acquire 100% of Giskard Datatech (data analytics firm, FY25 turnover Rs 15.74 cr) through cash up to Rs 121.57 cr and a share swap of 20.50 lakh equity shares at 1:31 ratio. Two Giskard shareholders will get the shares, holding 4.19% post-allotment. Promoters will pay the cash component. Postal ballot and SEBI approvals needed.
Acquisition strengthens 5paisa's digital and analytics capabilities. Share swap dilutes existing holders by about 4.19%.