PaisaLo Digital To Raise ₹50 Crore Via NCD issue, LIC-Backed Stock Gains In Weak Market
LIC-backed PaisaLo Digital will raise Rs 50 crore through NCDs offering 9.75 percent annual returns. The stock rose over 1.5 percent despite weak market trends, although its long-term performance remains poor with over 50 percent drop in a year.

LIC-backed PaisaLo Digital will raise Rs 50 crore through NCDs offering 9.75 percent annual returns. |
Key Highlights:
- Company to issue 5,000 NCDs worth Rs 50 crore with a 9.75 percent annual interest rate.
- NCDs to be listed on BSE, with a 3-year maturity period.
- Stock rose 1.59 percent to Rs 31.30 after NCD announcement, despite poor long-term performance.
Mumbai: PaisaLo Digital Ltd, a LIC-backed small-cap financial company, saw its shares rise today even as the overall market remained under pressure. The stock gained 1.59 percent, reaching Rs 31.30 on Monday.
This jump came after the company announced plans to raise Rs 50 crore through Non-Convertible Debentures (NCDs), which are a form of fixed-income investment.
Rs 50 Crore NCD Issue Approved
In a regulatory filing, the company stated that its Operations and Finance Committee approved the NCD issuance in a meeting held on August 5. The funds will be raised through private placement using the Electronic Bidding Platform (EBP).
PaisaLo Digital will issue 5,000 NCDs, each with a face value of Rs 1 lakh, totalling Rs 50 crore — split between a base issue of Rs 25 crore and a green shoe option of Rs 25 crore.
Attractive 9.75 percent Annual Return
These NCDs will carry an attractive coupon rate of 9.75 percent per annum, with quarterly interest payments. They will have a 3-year tenure, and are expected to be allotted on August 8, 2025.
Investors will get back their principal amount on maturity, after three years. The NCDs will also be listed on the BSE, offering liquidity and transparency to investors.
Stock’s Long-Term Performance Weak
Despite today’s small gain, PaisaLo Digital’s long-term stock performance is weak:
Last 1 month: Up by 3 percent
Last 3 months: Down 7 percent
Last 6 months: Down 29 percent
Year-to-date (YTD): Down 37 percent
Past 1 year: Down 50 percent
Last 3 years: Down 21 percent
The stock's 52-week high is Rs 81.95, while the 52-week low is Rs 29.75.
Disclaimer: This information is for educational purposes only. Stock market investments are subject to risks. Always consult a certified financial advisor before investing.
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