5Paisa Capital Ltd is a leading Indian technology-driven financial services firm and a pioneer in the “discount brokerage” space. Headquartered in Thane, Maharashtra, it was originally incorporated in 2007 as a subsidiary of IIFL Holdings and later demerged to become the first standalone fintech company to be listed on the Indian stock exchanges (NSE and BSE) in 2017.
As of late 2025, the company has established itself as a major player in the retail segment, boasting over 4.7 million customers and a significant digital presence through its highly-rated mobile application. The firm operates on a low-cost, fixed-fee model, typically charging a flat brokerage fee (e.g., ₹20 per order) regardless of the trade size, making it a popular choice for DIY (Do-It-Yourself) retail investors and high-volume traders.
The company offers a comprehensive ecosystem of financial products that extends far beyond simple stock trading. 5Paisa has also diversified into lending through its P2P (peer-to-peer) platform and insurance distribution.
In 2025, the company continued its technological evolution by enhancing its “FnO 360” dashboard for derivative traders and expanding its Margin-Plus offerings. Financially, as of the second quarter of FY 2025-26, the company reported a quarterly revenue of approximately ₹77.17 crore, maintaining steady profitability despite a competitive market.
From a management and ownership perspective, the company is backed by veteran entrepreneur Nirmal Jain (founder of IIFL Group). As of September 2025, the promoter holding stands at 32.75%, with a significant 21.7% held by Foreign Institutional Investors (FIIs), reflecting global confidence in its business model.
The company is currently led by Managing Director and CEO Gaurav Seth, who oversees a workforce of over 500 employees. Recent industry recognitions, such as the Bharat NBFC & Fintech Award for CX Transformation in 2025, highlight the firm’s commitment to digitizing the customer experience and maintaining its edge in a landscape dominated by players like Angel One and Upstox.
