Paisalo Digital Raises ₹30 Cr via Commercial Paper Issue To SBI at 11% Yield
By Shishta Dutta | Updated at: Jun 13, 2025 10:59 PM IST
Mumbai, June 13, 2025: In a strategic move to address short-term capital requirements, Paisalo Digital Ltd (NSE: PAISALO | BSE: 532900) has completed the allotment of commercial papers (CPs) worth ₹30 crore to the State Bank of India (SBI). The fundraising was conducted through a private placement route and is intended to strengthen the company’s working capital position.
As of 3:30 PM IST on June 13, shares of Paisalo Digital Ltd were trading at ₹31.47, down ₹0.97 or 2.99% for the day. The stock opened at ₹31.80, touched an intraday high of ₹32.00, and hit a low of ₹30.91. The company’s market capitalisation stood at ₹2,840 crore, with a P/E ratio of 14.11. Over the past 52 weeks, the stock has ranged between ₹29.45 and ₹82.00, with no declared dividend yield.
Breakdown of the Transaction
In a filing with the stock exchanges, Paisalo Digital stated that the Operations and Finance Committee of the Board sanctioned the allotment on June 13, 2025. Below are the comprehensive terms of the issue:
| Particulars | Details |
|---|---|
| Type of Security | Commercial Papers |
| Mode of Issuance | Private Placement |
| Listed/Unlisted | Listed |
| Investor | State Bank of India |
| Total CPs Allotted | 600 |
| Face Value per CP | ₹5,00,000 |
| Issue Price per CP | ₹4,86,653.50 |
| Total Issue Value | ₹29,19,92,100 |
| Redemption Value | ₹30,00,00,000 |
| Yield | 11.00% |
| Tenure | 91 Days |
| Date of Allotment | June 13, 2025 |
| Maturity Date | September 12, 2025 |
| IPA | IDBI Bank Ltd. |
Board Approval in March 2025 Paved the Way for ₹30 Cr CP Allotment to SBI
In March 2025, Paisalo Digital Ltd revealed that its Board of Directors authorised a fresh round of fundraising by issuing Commercial Papers (CPs) to the State Bank of India (SBI).
The Operations and Finance Committee of the Board cleared the issuance of CPs worth up to ₹90 crore through a private placement route.
As part of this, the company had approved the allotment of 600 listed CPs, each with a face value of ₹5 lakh, aggregating to ₹30 crore, specifically to SBI.
These instruments, priced at ₹4,86,653.50 apiece, offer a yield of 11%. They will mature over 91 days, with the allotment scheduled for March 19, 2025, and redemption set for June 18, 2025. IDBI Bank Ltd will serve as the Initial Placement Agent (IPA) for the transaction
Compliance and Transparency
The issue is in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Since the CPs are listed, this ensures greater transparency and ease of tradability for investors.
Company Overview
Paisalo Digital Ltd is a publicly traded non-banking financial company (NBFC) known for extending small-ticket loans to underserved borrowers, particularly in rural and semi-urban geographies. Its technology-enabled lending framework aims to support inclusive economic participation. The company’s equity shares and non-convertible debentures (NCDs) are actively traded on both NSE and BSE.
REF: https://nsearchives.nseindia.com/corporate/PAISALO_13062025130201_BSE_NSE_Outcome_13062025.pdf
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