NBFC Stock Allots Rs 50 Cr In Secured NCDs Via Private Placement

Paisalo Digital Limited plans to issue 5,000 rated, listed, senior, secured, redeemable, taxable non-convertible debentures (NCDs) at the price of Rs 1 lakh each. The total is therefore estimated to be Rs 50 crore. These NCDs will be maturing at 10% interest per annum, which is paid monthly. Interest will begin on the 3rd of June 2027. The security on these debentures will be first rank to loan receivables and will have a cap of 1.10 times the principal against a pari passu charge on loan receivables. These debentures are set to be redeemed at maturity at par and will incur an additional 2% penalty if payment is delayed beyond 3 months.

The issuance of these debentures brings attention to Paisalo Digital ongoing strategies to improve the capital pyramid and unleash liquidity for scaling up the rural and semi-urban lending activities. The company grew rapidly, with the customer base exceeding 3 million people and a physical presence growing to 3 thousand locations across 22 states, allowing the company to grow its loan base exponentially, surpassing 3 trillion in the last 2 years.

Paisolo is an Indian registered and listed NBFC company recognized by India's Reserve Bank is now being acknowledged as the forefront credit giver in the key regions of India.
Paisalo, for instance, maintained its reported revenue growth during the volatility period, as in FY25 Paisalo granted a 26.4% increase in net profit, which amounted to Rs 46.29 crore in comparison to FY24 for the same quarter. Moreover, its net sales in FY25 reached Rs 182.08 crores while claiming a sales growth of 8% and net profit of Rs 200.12 crores, which was also a 12% increase in profit from FY24.

Shares suffered a decline of 52,40% over a year and are currently Rs 31,16. Although they started off trading at Rs 31,82 on the 3rd of June, they subsequently dipped to Rs 31,16, which resulted in a further decline of 2.07%. In the middle of the year 2024, a 52-week high of Rs 81,95 and a recent rise of 9% led to a lower trading interval of Rs 29.75 on 7th April of 2025. Currently, the company claims a total worth of Rs 2,811 crore.
As foreign institutional share buyers started to gain interest, investors have expressed a keen eye with the enhanced stake of 10.38% in March of 2025. Domestic stockholders are also projected to receive some, with SBI Life holding a remarkable 9.36% stake while LIC possesses 1.17% as a long-term investment.

Because of their business model as a correspondent for SBI and Bank of India and their technology-based loan facilitation system, Paisalo is positioned as an important facilitator for economic empowerment at the grassroots level. The recent issuance of NCD is expected to augment the company's efforts towards closing the credit gap in rural India.