Archive · 1 Aug 2025
Paisalo Digital Plans Fundraising with NCDs, Stock Gains
Paisalo Digital, a small-cap financial company, is planning to raise money by issuing bonds.
The company will decide on August 5th how to do this.
The company has also listed $50 million worth of bonds on a new exchange.
The stock price started almost flat but then increased a little bit even though the overall market was down.
The fundraising efforts are meant to strengthen the company's financial flexibility.
Paisalo Digital's Operations and Finance Committee will meet on August 5, 2025, to discuss fundraising.
The company plans to issue listed, secured, non-convertible debentures (NCDs).
The company listed 7.5% Foreign Currency Convertible Bonds (FCCBs) worth $50 million.
The FCCBs are listed on the Global Securities Market of India International Exchange (IFSC) and are due in 2029.
The stock opened at ₹31.08 on the BSE and gained nearly 1%.
- Who
- Paisalo Digital.
- What
- Paisalo Digital plans fundraising via NCDs and has listed FCCBs.
- When
- Board meeting scheduled for August 5, 2025; FCCB listing effective July 31, 2025.
- Where
- Bombay Stock Exchange (BSE) and India International Exchange (IFSC).
- Why
- To strengthen liquidity and support expansion.
Market Performance
Company Performance
Stock Market
Market Performance
Paisalo Digital stock shows some gain.
Company Performance
The broader market declined.
- Stock Open
- ₹31.08
- FCCB Amount
- $50 million
- FCCB Coupon Rate
- 7.5%
- Board Meeting Date
- August 5, 2025
- Stock Price Gain
- Almost 1%
- FCCB Due Date
- 2029
