NBFC Company Paisalo Digital Announces Rs 100 Cr NCD Issue At 9.25% Interest

Paisalo Digital Ltd has announced the outcome of its Operations and Finance Committee meeting held on March 11, 2026, where the board approved the issuance of Non-Convertible Debentures (NCDs). The goal of the action is to raise additional funds to support the company's lending activities and general business growth.

After the above announcement, Paisalo Digital (PAISALO) was trading at Rs 32.45 during the afternoon session on March 12, 2026, a minor drop of 0.85% from its previous close. Throughout the session, the stock has experienced minimal volatility, peaking at Rs 32.55 intraday and falling to Rs 32.00 on the NSE.

The declaration states that the company intends to use the Electronic Book Provider (EBP) platform in a private placement to issue 9.25% secured Non-Convertible Debentures. With a base offering of Rs 50 crore and a green shoe option of Rs 50 crore to maintain oversubscription, the issue's total size can go up to Rs 100 crore. Up to 1,00,000 secured NCDs with a face value of Rs 10,000 would make up the proposed issue.

The debentures, which have a 30-month tenure and an initial allotment date of March 18, 2026, are scheduled to be listed on BSE Limited. The debentures will be redeemed at the end of the 30-month term after the date of allotment. Investors who subscribe to these NCDs will pay interest on a monthly basis and earn a coupon rate of 9.25% annually. Additionally, the corporation has promised to keep the security's value at least 1.10 times the debentures' outstanding amount.

Infomerics Ratings evaluated the company's facilities on March 3, 2026. The firm usually maintains a solid asset quality, with a Gross NPA of 0.83% recorded in Q3 FY26, notwithstanding the discussion of specific NCD ratings.

With a market capitalization of about Rs 2,954 crore, the stock is currently trading closer to its 52-week low of Rs 29.38 than its high of Rs 41.70. The stock has shown moderate volatility over the past year. It touched a 52-week high of Rs 41.70 on September 18, 2025, while the 52-week low was Rs 29.38 on June 20, 2025. At the current market price of Rs 32.50, the stock is trading Rs 3.12 above its 52-week low, which represents a gain of about 10.6% from the lowest level. However, it remains Rs 9.20 below its 52-week high, indicating the stock is down roughly 22% from its peak during the period.

Founded in 1992, Paisalo Digital Limited (PAISALO) is a non-banking financial company (NBFC) with its headquarters located in Agra, India. By December 2025, the company's AUM was Rs 5,508 crore.