Archive · 5 Aug 2025
Paisalo Digital to Raise ₹50 Crore Via NCDs, Stock Gains
Paisalo Digital, a company backed by LIC, is raising ₹50 crore by selling bonds called Non-Convertible Debentures (NCDs).
These bonds will pay investors a 9.75% interest rate each year, with payments every three months, and will mature in three years.
The company's stock price went up slightly after this news.
The NCDs will be listed on the BSE.
Although the stock saw a small increase, its long-term performance hasn't been good, with the stock down over longer periods.
Paisalo Digital plans to raise ₹50 crore through Non-Convertible Debentures (NCDs).
The Operations and Finance Committee approved the NCD issuance.
The company will issue 5,000 NCDs, each with a face value of ₹1 lakh.
The NCDs will offer a 9.75% per annum interest rate, paid quarterly, with a 3-year tenure.
Shares of Paisalo Digital rose 1.59% following the announcement, despite poor long-term performance.
- Who
- Paisalo Digital, a LIC-backed small-cap financial company.
- What
- Paisalo Digital is raising ₹50 crore through Non-Convertible Debentures (NCDs).
- When
- The Operations and Finance Committee approved the plan on August 5th; the tentative allotment date is August 8, 2025.
- Where
- The debentures will be listed on the BSE.
- Why
- To raise funds through the issuance of NCDs.
Market Performance
Fundraising Plan
Stock Performance
Market Performance
Paisalo Digital shares are down over the long term: 7% over three months, 29% in the last six months, and 37% year-to-date.
Fundraising Plan
Paisalo Digital's stock price increased by 1.59% following the NCD announcement.
- Stock Movement
- Increased by 1.59%
- Fundraising Amount
- ₹50 crore
- Debenture Type
- Non-Convertible Debentures (NCDs)
- Coupon Rate
- 9.75% per annum
- Tenure
- 3 years
- Face Value
- ₹1 lakh per NCD
