Archive · 21 Nov 2025
Paisalo Digital Raises ₹75 Crore via NCDs
Paisalo Digital, a company owned by SBI Life, is raising ₹75 crore by selling special bonds called non-convertible debentures.
These bonds will help the company get money without giving up ownership.
The company's main shareholders, including the promoter group, have recently bought more shares, showing they believe in the company's future.
Paisalo Digital, an NBFC owned by SBI Life, plans to raise ₹75 crore through non-convertible debentures (NCDs).
The issue includes a base of ₹25 crore and a green-shoe option of ₹50 crore for oversubscription.
NCDs have a tenure of 36 months, with an 8.50% annual coupon payable quarterly.
They will be secured by a charge on the company’s loan receivables with a 1.10x security cover.
The promoter group recently increased its stake in Paisalo Digital by 0.48%.
- Who
- Paisalo Digital, an NBFC owned by SBI Life
- What
- Plans to raise ₹75 crore through non-convertible debentures (NCDs)
- When
- November 21, 2025
- Where
- Through private placement via the Electronic Book Provider (EBP) platform, listed on BSE
- Why
- To raise funds for the company's operations
In Favor of Fundraising
Cautious About Fundraising
Fundraising for Operations
In Favor of Fundraising
The funds raised will be used to support the company's operations and growth.
Cautious About Fundraising
However, the company should ensure it can repay the debentures as promised.
- Issue Size
- Up to ₹75 crore
- Face Value per NCD
- ₹1,00,000
- Tenure
- 36 months
- Coupon Rate
- 8.50% per annum, payable quarterly
- Security Cover
- 1.10x over outstanding principal
- Promoter's Additional Stake
- 0.48%
