Paisalo Digital Raises Rs 50 Crore Through NCDs
By Ankur Chandra | Published at: Jun 3, 2025 02:01 PM IST
Mumbai, June 3, 2025: Paisalo Digital Ltd (BSE: 532900, NSE: PAISALO) has allotted secured non-convertible debentures (NCDs) worth ₹50 crore through a private placement, as per its regulatory filing on June 3, 2025.
Key Terms of the NCD Issuance
| Particulars | Details |
|---|---|
| Instrument Type | Rated, Listed, Senior, Secured, Redeemable, Taxable NCDs |
| Mode of Issuance | Private Placement |
| Face Value | ₹1,00,000 per NCD |
| Total Number of NCDs | 5,000 |
| Aggregate Issue Size | ₹50 crore |
| Coupon Rate | 10.00% per annum |
| Coupon Frequency | Monthly |
| Tenure | 24 months |
| Date of Allotment | June 3, 2025 |
| Redemption Date | June 3, 2027 (at par, one-time payment) |
| Security | First ranking pari-passu charge on loan receivables, maintaining security coverage of 1.10x principal outstanding |
| Default Penalty | Coupon rate + 2% p.a. for delays >3 months |
Strategic Purpose
Paisalo Digital aims to use the raised capital to expand its loan book, focusing on the MSME and income-generating segments. The NCD structure, backed by a first-ranking pari-passu charge on receivables, provides both investor security and financing flexibility. The move reflects the company’s strategy to access long-term, cost-effective funding.
Regulatory Status
The issuance complies with SEBI (LODR) Regulations, 2015. The company has maintained a clean record with no reported defaults or delayed payments on past interest or principal obligations.
About the Company
Headquartered in Agra with corporate offices in New Delhi, Paisalo Digital is a diversified NBFC active in microcredit and co-lending. With a focus on financial inclusion, the company is leveraging digital platforms to grow its presence in India’s underserved credit market.
REF: https://nsearchives.nseindia.com/corporate/PAISALO_03062025121132_BSE_NSE_Outcome_03062025.pdf
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