Intimation of Allotment of Commercial Paper on 08.05.2026
PAISALO · price
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Paisalo Digital Limited has allotted 700 Commercial Papers (CPs) through private placement. Each CP has a face value of Rs. 5,00,000 issued at a discount of Rs. 20,569.50 per CP, making the issue price Rs. 4,79,430.50. The total issue size is approximately Rs. 335.6 crore (700 CPs × Rs. 4,79,430.50). The CPs will mature on November 04, 2026, with a tenure of 180 days from the date of allotment. The redemption value is Rs. 35 crore, and the issuing and paying agent (IPA) is Bank of Maharashtra. The CPs are listed on the stock exchanges.
This is a short-term debt fundraising through commercial papers, which is a routine financing activity for the company. The ~8.6% annualized yield (implied from the discount) indicates borrowing costs. It does not directly impact equity shareholders but reflects the company's liquidity management.