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Paisalo Digital, an NBFC backed by SBI Life Insurance, has approved the issuance of non-convertible debentures (NCDs) worth ₹150 crore. The decision was taken by the company’s Operations and Finance Committee at its meeting on October 30, 2025. According to the exchange filing, the fundraising will be done through two NCD issues of ₹75 crore each, both comprising 7,500 unsecured debentures with a face value of ₹1 lakh. NCD Details Issue Size: ₹75 crore each Coupon Rates: 8.45% and 8.50% Tenure: 2 years for the 8.45% NCD 3 years for the 8.50% NCD Listing: BSE Allotment Date: November 6, 2025 Interest Payment: Annually Penalty for Delay: Coupon rate +2% per annum Both issuances include a base size of ₹25 crore with the option to retain oversubscription up to ₹50 crore. Market Reaction Shares of Paisalo Digital traded slightly lower during the day, touching ₹38.38 amid weak market sentiment. The stock has dropped around 22% so far this year, but gained 23% in the past three months. Shareholding Update As of September 2025, SBI Life Insurance holds a 6.83% stake in the company. This is lower than its 8.96% stake in June 2025. Meanwhile, LIC, which held 1.12% in June, no longer appears among the top shareholders, indicating it may have exited or reduced its stake below 1%. The funds raised through these debentures are expected to support Paisalo Digital’s business operations and lending activities. (Disclaimer: This article is meant solely for informational and educational purposes. The views and opinions expressed are those of individual analysts or brokerage firms and do not reflect the stance of Times Now. Readers are advised to consult certified financial experts before making any investment decisions.)
