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This NBFC Allots Rs 30 Crore Worth of CPs To State Bank of India
This NBFC Allots Rs 30 Crore Worth of CPs To State Bank of India

India.com

time2 days ago

  • Business
  • India.com

This NBFC Allots Rs 30 Crore Worth of CPs To State Bank of India

इंवेस्टमेंट से पहले रिस्क को जांच लें NBFC Paisalo Digital Limited has alloted Rs 30 crore worth of Commercial Papers (CPs) to the State Bank of India (SBI) through private placement. This allocation, comprising six hundred listed CPs with a face value of Rs 5,00,000 each, was authorized by the Board of Directors' Operations and Finance Committee on June 13, 2025. The entire issue value of the papers, which were issued at a price of Rs 4,86,653.50 per CP, is Rs 29.19 crore. The papers are scheduled to mature on September 12, 2025, at a redemption value of Rs 30 crore. The CPs have a maturity period of 91 days and an 11% yield. For this transaction, IDBI Bank Ltd. has been designated as the Issuing and Paying Agent (IPA). The CPs have a maturity period of 91 days and an 11% yield. For this transaction, IDBI Bank Ltd. has been designated as the Issuing and Paying Agent (IPA). Financially, Paisalo Digital recorded net sales of Rs 189.72 crore for the March 2025 quarter, increasing 4.33% from Rs 181.84 crore for the March 2024 quarter. In the March 2025 quarter, its net profit was Rs. 45.01 crore, rising 25.4% from the March 2024 quarter's Rs. 35.89 crore. EBITDA improved 12.15% from Rs. 129.10 crore in Q4FY24 to Rs. 144.79 crore in Q4FY25. Interest income for Q4 FY 2025 climbed 17% to Rs 7,711 million from Rs 6,587 million in Q4 FY 2024, demonstrating the company's ongoing preservation of its margin posture. The company's PBT and PAT have gone up by 11.26% and 11.82%, respectively, YoY. As of Q4 FY 2025, the company's AUM was at its highest-ever, reaching Rs 52,328 million, a significant 14.10% increase from Q4 FY 2024's Rs 45,860 million. In FY 2025, the firm successfully issued USD $50 million (about Rs 4,230 million) in First Foreign Currency Convertible Bonds (FCCBs), with USD 2 million being converted into share capital. The company reached a record-breaking 1.52 million franchisees in Q4. The firm added the most clients to its customer franchise ever-5.16 million in FY 2025. As of Q4 FY 2025, there were 9.45 million total customer franchises, up from 4.29 million in Q4 FY 2024. The Board of Directors has recommended a 10% dividend, or Re. 0.10 per equity share with a face value of Re. 1.00 each for FY25. This recommendation, if approved by the company's members at the upcoming annual general meeting, will be a testament to the company's commitment to its shareholders. The company's total geographic footprint as of FY 2025 was 3,565 touchpoints spread over 22 states, a significant increase from 2,455 touchpoints. The company gained 27 additional touchpoints in Q4, further expanding its reach.

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