Penny stock under Rs 50: Paisalo Digital to consider and approve allotment of non-convertible debentures through private placement basis

Paisalo Digital Limited informed that a meeting of the Operations and Finance Committee of the Board of Directors of Paisalo Digital Limited is scheduled to be held on November 6, 2025, to consider and approve allotment of Non-Convertible Debentures through Private Placement basis.

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Earlier, the company has approved the issuance of two tranches of unsecured Non-Convertible Debentures (NCDs), each with an aggregate maximum size of up to Rs 75 crore (including a Rs 25 crore base issue and a Rs 50 crore Green Shoe Option), to be placed privately on the EBP and listed on the BSE, with a tentative allotment date of November 6, 2025. The first tranche has a two-year tenure and an annual coupon of 8.45 per cent, while the second tranche has a three-year tenure and an annual coupon of 8.50 per cent; both will be redeemed at par, and a penal interest of the Coupon rate plus 2 per cent per annum will apply in case of payment default.

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 achieved a record-breaking performance in the quarter ending June 30, 2025, with its total income hitting an all-time high of Rs 218.7 crore, marking a 17 per cent year-over-year increase. The company's customer base expanded significantly, surpassing 1.1 crore by adding 15 lakh new customers in just one quarter. This growth was supported by strong operational metrics, including a 14 per cent rise in Assets Under Management (AUM) to Rs 5,230.2 crore and a 16 per cent increase in disbursements to Rs 758.1 crore.

Paisalo also maintained excellent asset quality, with a low Gross Non-Performing Asset (GNPA) ratio of 0.85 per cent and a strong Capital Adequacy Ratio of 39.5 per cent. To further its reach, the company opened 50 new branches and strengthened its partnership with SBI to improve credit access for MSMEs and SMEs across India. The stock is up over 30 per cent from its 52-week low of Rs 29.40 per share. As of September 2025, SBI Life Insurance Co. Ltd owns a 6.83 per cent stake.

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