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India.com
31-07-2025
- Business
- India.com
This company lists 7.5 percent foreign bonds on India International Exchange
Home Business This company lists 7.5 percent foreign bonds on India International Exchange – Check details here This company lists 7.5 percent foreign bonds on India International Exchange – Check details here Earlier, the non-banking financial company raised the first tranche of USD 50 million through the issuance of secured foreign currency convertible bonds (FCCBs). 25 महीने में करोड़पति बन गए निवेशक Paisalo Digital's stock saw a slight decline on Thursday, July 31, 2025. It fell from Rs 31.30 to Rs 31.17. However, the company's stock is still trading about 6 per cent above its 52-week low of Rs 29.40. The company's 52-week high was Rs 71.40. According to stock exchange filings, Paisalo Digital has listed its 7.5 per cent foreign bonds (FCCB) on the India International Exchange (India INX). These bonds will mature in December 2029 and their total value is $50 million. This listing has given the company a new way to raise money from international investors. Equilibratedventure CFLOW (P) Ltd., a unit of the company's promoter group, recently bought 74.7 lakh shares. This clearly shows that the promoters themselves are confident about the company's future and are betting on its future growth. In the June quarter, Paisalo Digital earned Rs 218.7 crores, which is the highest ever. The company added 15 lakh new customers in a single quarter and now its customer base has crossed 1.1 crores. This clearly shows that the company is rapidly expanding its reach across the country. The company has performed well in giving small loans. This has also increased the company's earnings. The company's interest income has increased by 20 per cent. Along with this, the company has also increased its branches to 401. In collaboration with SBI, the company is also focusing on giving more loans to small businesses. Earlier, the non-banking financial company raised the first tranche of USD 50 million through the issuance of secured foreign currency convertible bonds (FCCBs). This was the first event of FCCB issuance from Paisalo Digital Ltd was executed following applicable external commercial borrowing (ECB) guidelines prescribed by the Reserve Bank, the NBFC said in a release. The company aims to raise up to USD 75 million through FCCBs in one or more tranches. The issuance of FCCBs aims to fortify the company's capital base, borrowing profile and support its ongoing business initiatives. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on
Mint
31-07-2025
- Business
- Mint
LIC-owned NBFC stock rebounds following stock market recovery
Shares of Paisalo Digital saw a recovery after experiencing a drop of more than 2% during Thursday's trading session, amid market volatility. Technical experts believe that Paisalo Digital shares have seen no major traction and continue to trade flat. For the past four months, the 29.5 to 30 zone has acted as a strong base. On the flip side, 34 is the key resistance, followed by 36. A sustained move beyond 36 is needed to trigger positive momentum. Paisalo Digital shares today, opened at ₹ 31.11 apiece on the BSE, the stock touched an intraday low of ₹ 30.49 per share, and an intraday high of ₹ 31.50 apiece. Recently, the 7.5 percent Foreign Currency Convertible Bonds (FCCBs) of the non-banking financial company (NBFC), amounting to USD 50 million, have now been officially listed on the 'Global Securities Market' of the India International Exchange (IFSC) Limited, effective July 31, 2025. These bonds were originally issued on December 10, 2024, with a coupon rate of 7.50 percent and a maturity date set for December 10, 2029. This listing allows these debt securities to be traded on the India INX platform, providing investors with a new opportunity to engage with Paisalo Digital's financial instruments, with GLAS Trust Company LLC serving as the trustee.
