From an open outcry system to automated order processing, stock markets have got transformed in a big way over the years. Evolution essentially means synchronising with the times that are. And there is no better example of that than the Indian stock markets.
5paisa.com, an IIFL-backed company and low-cost online discount broker, plans to acquire 50,000 customers in 2017-18
"We plan to become the first discount brokerage firm to be listed on Indian bourses. IIFL Holdings decided to hive off 5paisa.com and has already approached exchanges to demerge 5paisa Capital and list it on the exchange after completing the formalities in the next 3-4 months period," 5paisa Capital CEO Prakarsh Gagdani told PTI here.
India Infoline group company 5paisa.com is doing well in finance sector,company started in april 2016 has acquired almost 7,500 clients. In the year 2017-18 comapny estimates to acquire about 50,000 new clients.