Archive · 24 Jan 2026
Paisalo Digital Redeems Debt Early
Paisalo Digital, a company owned by SBI Life, recently paid back ₹1 crore of its debt early.
This debt was supposed to be paid back in 2033, but the company chose to pay it back now to reduce its long-term debt.
The company also recently raised ₹188.5 crore to improve its funding costs and support business expansion.
SBI Life owns about 6.83% of the company, and foreign investors own about 20.89%.
The company's stock has had a good long-term performance, increasing by over 1,574.21% since it started trading, but it has decreased by 25% in the past year.
Paisalo Digital redeemed ₹1 crore of NCDs under Series PDL-09-2023 early, with an original maturity date of September 02, 2033.
The early redemption is part of the company's strategy to reduce long-term debt.
Paisalo Digital recently raised ₹188.5 crore at an annual ROI of 8.5% to optimize funding costs and support business expansion.
SBI Life Insurance Company holds a 6.83% stake in Paisalo Digital, while foreign portfolio investors hold 20.89% of the company's total voting rights.
Paisalo Digital's share price has declined 25% over the past year but has delivered multibagger long-term returns of 1,574.21% since its listing.
- Who
- Paisalo Digital, an NBFC owned by SBI Life
- What
- Redeemed ₹1 crore of unsecured, unlisted, redeemable non-convertible debentures (NCDs) early
- When
- January 23, 2024 (announced), with maturity originally set for September 02, 2033
- Where
- India
- Why
- To reduce long-term debt and optimize funding costs
- Company
- Paisalo Digital
- Debt Redeemed
- ₹1 crore
- Debenture Series
- PDL-09-2023
- Original Maturity Date
- September 02, 2033
- Funds Raised
- ₹188.5 crore
- Annual ROI
- 8.5%
- SBI Life Stake
- 6.83%
- FPI Stake
- 20.89%
- 52-Week High
- ₹46.50
- 52-Week Low
- ₹29.40
- 1-Year Return
- -25%
- 3-Month Return
- -17%
- 1-Month Return
- -8%
- Since Listing
- 1,574.21%