Paisalo Digital Shares Slip After It Allots ₹30 Crore Commercial Papers to SBI at 11% Yield
By Shishta Dutta | Published at: Jun 13, 2025 07:49 PM IST
New Delhi, June 13, 2025: The shares of Paisalo Digital Ltd (BSE: 532900, NSE: PAISALO) slipped by 2.99%, or ₹0.97, to end today’s market session at ₹31.47. The shares made an intraday high of ₹32.00 and a low of ₹30.91. This announcement follows the company’s successful completion of a fresh allotment of commercial papers (CPs) worth ₹30 crore through a private placement to the State Bank of India, with a fixed yield of 11%.
Commercial papers are short-term unsecured debt instruments issued by companies to meet their immediate financing needs. They usually have maturities ranging from 7 days to 1 year and are issued at a discount to face value. With this announcement, Paisalo will have ₹30 crore in capital, which it will use to meet its business expenses.
The issuance complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The instruments are listed and serve short-term working capital needs while offering institutional investors an attractive fixed return.
Deal Structure
The Operations and Finance Committee of Paisalo’s Board of Directors approved the issuance on June 13, 2025, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The CPs are listed instruments and were issued to the State Bank of India, with IDBI Bank Ltd. acting as the Issuing and Paying Agent (IPA).
Issuance Details
| Particulars | Details |
|---|---|
| Type of Security | Commercial Papers |
| Issuance Mode | Private Placement |
| Investor | State Bank of India |
| Total CPs Allotted | 600 |
| Face Value (each) | ₹5,00,000 |
| Issue Price (each) | ₹4,86,653.50 |
| Yield | 11.00% |
| Aggregate Issue Value | ₹29,19,92,100 |
| Redemption Value | ₹30,00,00,000 |
| Tenure | 91 days |
| Allotment Date | June 13, 2025 |
| Redemption Date | September 12, 2025 |
| IPA | IDBI Bank Ltd. |
What’s Ahead?
While the allotment of commercial papers provides Paisalo Digital with Rs. 30 crore in short-term liquidity, the 11% yield signals a higher cost of borrowing, possibly reflecting current market risks or company-specific credit appetite. Investors may remain cautious in the near term due to margin pressures from high-cost debt, despite the capital infusion supporting immediate operational needs.
About the Company
Paisalo Digital Limited is a listed non-banking finance company (NBFC) engaged in small-ticket business loans and income-generating loans. The company is known for its tech-enabled lending model and partnerships with leading banks to serve the underbanked population. Its equity shares are listed on the BSE and the NSE.
REF: https://nsearchives.nseindia.com/corporate/PAISALO_13062025130201_BSE_NSE_Outcome_13062025.pdf
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