Promoter Group purchased shares worth Rs 10,91,35,646 via the open market of this penny stock under Rs 40

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Promoter Group purchased shares worth Rs 10,91,35,646 via the open market of this penny stock under Rs 40

The stock is up by 31.3 per cent from its 52-week low of Rs 29.40 per share.

On Tuesday, shares of Paisalo Digital Limited surged 2.7 per cent to Rs 38.60 per share from its previous closing of Rs 37.59 per share with heavy volume. The stock’s 52-week high is Rs 64.12 per share and its 52-week low of Rs 29.40 per share. The promoter of the company-EQUILIBRATED VENTURE CFLOW PRIVATE LIMITED, purchased 31,02,822 shares worth Rs 10,91,35,646 via the open market.

Additionally, Paisalo Digital Limited's Operations and Finance Committee is scheduled to meet on September 10, 2025, to consider and approve the allotment of non-convertible debentures (NCDs) through private placement. This comes after the company recently repaid two commercial papers (CPs) worth Rs 30 crore and Rs 13 crore on their respective maturity dates of September 4 and September 5, 2025. Furthermore, the company's Board of Directors has already approved the issuance of up to 5,000 NCDs, valued at Rs 50 crore, with a 36-month tenure and an annual interest rate of 10 per cent.

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.

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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 31.3 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.