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Paisalo Digital Allots ₹500 Crore Secured NCDs; Stock Gains 5.7% in Morning Trade

By Shishta Dutta | Published at: Sep 11, 2025 10:58 AM IST

Paisalo Digital Allots ₹500 Crore Secured NCDs; Stock Gains 5.7% in Morning Trade
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Mumbai, September 11, 2025 – The shares of Paisalo Digital Limited (NSE: PAISALO, BSE: 532900) surged in the morning trade on Thursday after the company’s announcement of raising finance through the allotment of 5000 secured, senior, rated, redeemable, taxable and non-convertible debentures (NCDs). The company will be carrying out the allotment process through private placement.

Details of the NCDs

The face value of the NCDs will be ₹1 lakh each, aggregating to ₹500 crore. The coupon payable will be 10% payable monthly with a 36-month tenure. The redemption will be in four equal quarterly instalments which will start with the ninth quarter. The debenture issue will be secured by a pari-passu charge on loan receivables which will be maintained at 1.10 times of the outstanding principal amount.

Share Price Movement

The investors reacted positively to the news and the stock was up by 5.71% during the early trade (around ₹39.04 at 09:40 AM). The stock opened in green (previous close of ₹36.93) and the trade volume was quite high (1.22 crore shares with a traded value of ₹46.49 crore by 09:40 AM). After today’s surge, the stock has risen by close to 28% in the past month and it remains well-below its 52-week high of ₹64.15 (September 2024) but above the recent low of ₹29.38.

About the Company

Founded in 1992 and listed since 2011, Paisalo Digital Limited is a non-banking financial company (NBFC) engaged in providing small-ticket business loans, consumer finance, and MSME funding solutions.

REF: https://nsearchives.nseindia.com/corporate/PAISALO_10092025105422_BSE_NSE_Outcome_09092025.pdf

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