Archive · 20 Aug 2025
Paisalo Digital Stock Gains After Board Approves ₹15 Crore Allotment
Paisalo Digital, a finance company, saw its stock price increase because it's issuing new financial papers to raise money.
The company's board approved the sale of these papers worth ₹15 crore.
These papers will mature in about six months.
LIC, a large insurance company, slightly reduced its ownership in Paisalo Digital recently.
The stock has had a tough time lately, declining in value over several periods, including the last six months and year-to-date.
Paisalo Digital's stock rose after the board approved ₹15 crore in commercial paper allotment.
The commercial papers were issued at a yield of 9.50% and mature in 182 days.
LIC marginally reduced its stake in Paisalo Digital during the June 2025 quarter.
IDBI Bank Ltd is the Issuing and Paying Agent (IPA) for the commercial papers.
The stock has declined in the last six months and year-to-date.
- Who
- Paisalo Digital, Rajarambapu Sahakari Bank Ltd, and LIC are involved.
- What
- Paisalo Digital's board approved the allotment of commercial papers.
- When
- The announcement was made recently, with details about the June 2025 quarter.
- Where
- The information pertains to Paisalo Digital's financial activities.
- Why
- The company is raising funds through the allotment of commercial papers.
Shareholder View
Company View
Stock Performance
Shareholder View
Investors may view the share price decline negatively.
Company View
The recent allotment might be viewed positively as a fundraising effort.
- CP Allotment Value
- ₹15 crore
- CP Yield
- 9.50%
- Maturity Date
- February 18, 2026
- Issuing and Paying Agent
- IDBI Bank Ltd
- LIC Stake (June 2025)
- 1.12%
- 1-Month Performance
- Largely flat
- 6-Month Performance
- Down 24%
- YTD Performance
- Down 38%