Penny stock under Rs 50: Paisalo Digital to consider and approve the fund raising proposal by way of issuance of NCDs

On Tuesday, shares of Paisalo Digital Limited surged 0.13 per cent to Rs 39.83 per share from its previous closing of Rs 39.78 per share. The stock’s 52-week high is Rs 63.52 per share and its 52-week low of Rs 29.40 per share.

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 October 30, 2025, to consider and approve the fundraising proposal by way of issuance of non-convertible debentures on a private placement basis.

Also Read: Gold and Silver Prices Correct: Is It Time to Bet on Silver Over Gold? The 84:1 Ratio May Hold the Answer

Earlier, the company’s Operations and Finance Committee approved the allotment of two tranches of Commercial Papers (CPs): on October 16, 2025, the company allotted 100 listed CPs with a face value of Rs 5,00,000 each, raising Rs 4,82,14,750 at an 8.50 per cent annual yield over a 159-day tenure, maturing on March 24, 2026; previously, the company allotted 700 CPs with the same face value, issued for a total of Rs. Rs 33,72,75,750 at an 8.50 per cent yield over 162 days, maturing on March 25, 2026, with IDBI Bank LTD acting as the Issuing and Paying Agent for both private placements.

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 by 35.5 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.