Penny stock under Rs 50 jumps over 5% after Board announces Rs 50,00,00,000 fund raising via NCDs

On Thursday, shares of Paisalo Digital Limited jumped 5.8 per cent to Rs 35.36 per share from its previous closing of Rs 33.33 per share. The stock’s 52-week high is Rs 64.12 per share and its 52-week low of Rs 29.40 per share. The shares of the company saw a spurt in volume by more than 1.60 times on the BSE.

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On September 4, 2025, the Board of Directors of Paisalo Digital Limited approved the issuance of up to 5,000 non-convertible debentures (NCDs) via private placement. The total value of the issue is Rs 50 crore, with each debenture having a face value of Rs 1,00,000. These NCDs will have a tenure of 36 months with a 10 per cent annual interest rate, payable monthly. The principal amount will be redeemed in four equal quarterly instalments starting from the ninth quarter. The debentures will be secured by a first-ranking charge on loan receivables and are proposed to be listed on the BSE Limited.

Additionally, the promoter of the company, Equilibrated Venture Cflow Private Limited, bought 16,36,470 shares via the open market, aggregating to Rs 4,93,52,935.

About the Company

Paisalo Digital Limited focuses on providing accessible, small-ticket income generation loans to underserved populations across 22 states and UTs in India, leveraging a network of 3,997 touch points. Their mission is to be a trusted, high-tech and high-touch financial companion, using a customer-centric approach and data analytics to deliver tailored, scalable solutions while ensuring strong governance and regulatory compliance.

Paisalo Digital has reported its highest-ever total income for the quarter ended June 30, 2025, reaching Rs 218.7 crore, a 17 per cent year-over-year increase. This financial milestone coincides with the company surpassing 1.1 crore customers, adding approximately 15 lakh new customers in a single quarter, which underscores its leadership in inclusive growth. Key highlights from the quarter include a 14 per cent YoY growth in Asset Under Management (AUM) to Rs 5,230.2 crore, a 16 per cent YoY increase in disbursements to Rs 758.1 crore and a 20 per cent rise in Net Interest Income to Rs 124.4 crore.

The company also maintained strong asset quality with GNPA and NNPA at 0.85 per cent and 0.68 per cent, respectively and a robust Capital Adequacy Ratio of 39.5 per cent. Paisalo Digital further expanded its reach by adding 50 new branches, bringing its total to 401 and deepened its co-lending partnership with SBI to enhance credit delivery for MSME and SME loans across India.

The stock is up by 20 per cent from its 52-week low of Rs 29.40 per share. As of June 2025, SBI Life Insurance Co. Ltd owns an 8.96 per cent stake and Life Insurance Corporation of India (LIC) owns a 1.12 per cent stake.

Disclaimer: The article is for informational purposes only and not investment advice.