Paisalo Digital Allotted Rs 51,000 NCDs At 9.25% Coupon Rate; Here’s What You Need To Know

Paisalo Digital Limited has informed the stock exchanges about the outcome of its Operations and Finance Committee meeting held on March 18, 2026. The company has authorized and issued Non-Convertible Debentures (NCDs) through a private placement in compliance with SEBI Regulations, 2015. The company's continuous attempts to raise funds effectively while upholding a well-organized and secured debt profile are reflected in this action.

51,000 fully paid, rated, listed, senior, secured, redeemable, taxable, and transferable NCDs have been allotted by the corporation, according to the filing. With a face value of Rs 10,000 for each debenture, the total amount issued is substantial. The date of allotment for these instruments, which have a 30-month term, is March 18, 2026. The debentures have a 9.25% annual coupon rate and monthly interest payments.

A first-ranking exclusive charge on the company's loan receivables serves as security for the NCDs, guaranteeing that the security's value is always kept at 1.10 times the outstanding principal amount. The debentures will mature on September 18, 2028, and the principal amount will be paid back at the end of the term. The redemption will be carried out at par value.

Additionally, the company has clarified that there are no special rights or privileges attached to these instruments. In case of any delay or default in payment of interest or principal exceeding three months, a penal interest of an additional 2% per annum over the coupon rate will be applicable.

Paisalo Digital Limited, a prominent non-banking finance company (NBFC), recently announced the successful completion of its maiden External Commercial Borrowing (ECB) transaction. The company's efforts to diversify its financial obligations have advanced significantly with the USD 15 million deal.

In order to expand the company's funding mix and get affordable, long-tenor funding from foreign markets, the initial ECB issue is a strategic move. With an ongoing emphasis on MSMEs, income-generating segments, and other key sectors, the proceeds will be used to support the company's ongoing expansion of its loan portfolio.

As of 2:25 PM IST on March 19, 2026, the share price of Paisalo Digital Ltd (PAISALO) is Rs 32.98 on the NSE. The stock is currently down 4.32% from its previous close. It had an intraday high of Rs 33.83 and a low of Rs 32.93 after opening at Rs 33.55. For a scheduled Rs 1,500 crore Non-Convertible Debenture (NCD) issue, the company recently received a long-term rating of "BWR AA / Stable" from Brickwork Ratings India.

With a current market cap of about Rs 2,990 crore, Paisalo Digital is a prominent participant in the NBFC industry. With a PEG ratio close to 1.08 and a Price-to-earnings (P/E) ratio of about 14.12 to 14.9, the stock's valuation appears to be in line with its earnings growth. It has a Price-to-Book (P/B) ratio of around 1.84.