SBI Life-Backed Stock Raises Fresh Funds! Massive NCD Allotment At 8.5% Interest – Details Inside

On November 6, 2025, Paisalo Digital Limited announced the private offering of two tranches of unsecured, rated, listed, senior, redeemable, and taxable Non-Convertible Debentures (NCDs). 5,500 NCDs having a face value of Rs 1 lakh each, a coupon rate of 8.45% annually, and a two-year term that matures on November 6, 2027 have been issued by the corporation. It also allocated 2,500 NCDs having a face value of Rs 1 lakh each, which are redeemable on November 6, 2028, and carry an annual interest rate of 8.50% for three years. Interest on both series will be paid annually, and the debentures are unsecured and transferable.

The NBFC company further confirmed that in case of any default or delay in payments exceeding three months, an additional 2% per annum interest over the coupon rate will be applicable.

Paisalo Digital's net profit jumped by 3.25% to Rs 51.54 crore in the September 2025 quarter compared to Rs 49.92 crore in the September 2024 quarter. Sales increased by 19.77% to Rs 224.01 crore in Q2FY26 compared to Rs 187.03 crore in Q2FY25.

The firm recently reported that Paisalo Digital Limited authorized the issuance of two series of unsecured Non-Convertible Debentures (NCDs) through private placement on the Electronic Bidding Platform (EBP) during its Operations and Finance Committee meeting on October 30, 2025. Having a basic issue size of Rs 25 crore and a green shoe option of Rs 50 crore, the corporation will issue up to 7,500 NCDs, each having a face value of Rs 1 lakh, totalling up to Rs 75 crore.

The two tranches, which offer yearly coupon payments, comprise 8.45% NCDs with a two-year term and 8.50% NCDs with a three-year term. The debentures are scheduled to be listed on BSE Limited, with an anticipated allocation date of November 6, 2025. Both series are unsecured and will be redeemed at par upon maturity. In case of delay in payment, the coupon rate will increase by 2% per annum.

Equilibrated Venture CFlow (P) Ltd., part of the promoter group of Paisalo Digital Limited, has disclosed the acquisition of 43,94,034 equity shares on a face value Re 1 each through open-market transactions on November 13, 2025.

The promoter entity's shareholding of the company's total voting capital grew from 18,13,92,446 shares (20.1074%) to 18,57,86,480 shares (20.4268%) as per the filing under Regulation 29(2) of the SEBI SAST Regulations, 2011. The disclosure has been properly made to the BSE and NSE for regulatory compliance, and the company's equity share capital of 90.95 crore shares remained unchanged.

As of September 2025, SBI Life Insurance's stake in Paisalo Digital was 6.83%, down from 9% in December 2020. Over time, this stake has fallen; in the previous quarter (June 2025), SBI Life's stake was 8.96%.