DSIJ Mindshare

On Tuesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.42 per cent at 65,617.84 and the NSE Nifty-50 Index up 0.43 per cent at 19,439.40. 

The price band of the issue has been fixed at Rs 23 to Rs 25 per equity share. The issue size is Rs 500 crore at a higher price band.

Over the past five years, the company has showcased impressive profit growth, with compound annual growth rate (CAGR) of 87.5 per cent.

Crunching the numbers, the gains accrued by Zerodha Broking from this astounding surge amount to approximately Rs 4.82 crore. Yes, you heard it right—nearly 5 crores! (calculated as 87 * 554,531).

According to the quarterly results, the net sales increased by 48.85 per cent to Rs 2,079 crore and net profit skyrocketed by 104.80 per cent to Rs 318 crore in Q4FY23 compared to Q4FY22. According to the annual results, the net sales increased by 36.52 per cent to Rs 7,827 crore and net profit increased by 85.77 per cent to Rs 1,073 crore in FY23 compared to FY22.