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Paisalo Digital allotted 5,000 NCDs worth ₹50 crore
short by / on Tuesday, 3 June, 2025
Paisalo Digital allotted 5,000 Rated, Listed, Senior, Secured, Redeemable, Taxable NCDs totalling ₹50 crore via private placement. Each ₹1 lakh debenture carries a 10% monthly coupon for 24 months. These debentures are secured by first-ranking pari-passu charge on loan receivables, maintaining a 1.10x security cover. Principal is redeemable at maturity with a 2% penalty for delays over 3 months.