Paisalo Digital gains on raising Rs 10 crore through NCDs
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Paisalo Digital is currently trading at Rs. 81.25, up by 0.36 points or 0.45% from its previous closing of Rs. 80.89 on the BSE.
The scrip opened at Rs. 81.29 and has touched a high and low of Rs. 82.17 and Rs. 80.45 respectively. So far 51978 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 86.75 on 09-Dec-2022 and a 52 week low of Rs. 42.01 on 11-Jul-2023.
Last one week high and low of the scrip stood at Rs. 83.42 and Rs. 73.96 respectively. The current market cap of the company is Rs. 3661.77 crore.
The promoters holding in the company stood at 47.04%, while Institutions and Non-Institutions held 31.21% and 21.74% respectively.
Paisalo Digital has raised Rs 10 crore through allotment of 9.95% P.A., 1000 Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1 lakh each on Private Placement. Tenure of the instrument is 36 Months from the date of allotment. The Operations and Finance Committee of Board of Directors of Paisalo Digital at its meeting held on November 16, 2023 has allotted the same.
Paisalo Digital is a leading systemically important Non-Deposit taking NBFC registered with the Reserve Bank of India (RBI), in operation since 1992. The company’s main thrust is on small finance to ensure rural development, self-employment and women-empowerment.
