Paisalo Digital Limited Launches Tranche I Issuance of Secured NCDs up to ₹30,000 lakh
Paisalo Digital Limited has initiated a public offering of secured, rated, listed, redeemable, non-convertible debentures (NCDs). The issuance is structured across two tranches, with the current focus on Tranche I, which carries an issue size of up to ₹30,000 lakh.The Company approved the public issuance of these debentures, which have a face value of ₹1,000 each. This offering falls within a larger shelf limit set by the company of up to ₹90,000 lakh in total. Tranche I consists of unsecured NCDs amounting to a Base Issue Size of ₹15,000 lakh, with an option retained for oversubscription up to another ₹15,000 lakh.
The secured, rated, listed, redeemable non-convertible debentures are set to be listed on BSE Limited. The offering is supported by a Shelf Prospectus and the Tranche I Prospectus, both dated July 31, 2026.
Key Terms of the NCD Offering
Paisalo Digital Limited has offered several series of NCDs with varying tenors and interest payment structures. These debentures are secured by an exclusive charge and hypothecation created on loan receivables of the company, ensuring a security cover of at least 1.10 times the entire secured obligations throughout the tenure of the NCDs.Details regarding the various series include:
| Series | Tenor | Coupon (% per annum) | Mode of Interest Payment |
|---|---|---|---|
| I | 18 months | 9.00% | Monthly |
| II | 24 months | 9.15% | Monthly |
| III | 36 months | 9.50% | Monthly |
| IV | 36 months | 9.92% | Annual |
| V | 60 months | 10.00% | Monthly |
| VI | 60 months | 10.47% | Annual |
All series have a face value of ₹1,000 per NCD and mandate a minimum application amount of ₹10,000.
Tranche I Offering Timeline and Scope
The details for the Tranche I Issue are as follows:| Metric | Detail |
|---|---|
| Tranche I Issue Amount | Up to ₹30,000 lakh (Base + Over-subscription) |
| Face Value of NCDs | ₹1,000 per NCD |
| Tranche I Open Date | Friday, August 7, 2026 |
| Tranche I Closing Date | Thursday, August 20, 2026 |
The NCD series span tenors from 18 months to 60 months. The principal amount of the NCDs, along with all interest due and associated costs, is secured by an exclusive charge created on loan receivables of the company.
PAISALO Stock Price Movement
Shares of Paisalo Digital Limited on Friday slipped by 0.34% to settle at ₹70.82 per share. The stock traded amidst a daily range established between ₹70.35 and ₹71.65, with the company’s equity being transacted in 4.43 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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