Paisalo Digital allots 29.49 lakh NCDs worth about Rs 295 crore

Fund Raising View source PDF Explain this filing

PAISALO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹69.00

prior close

₹69.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.2% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector+0.0%+1.7% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.7 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.4

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.5+1.2+0.0+1.7

Next day

+1.1+0.8+0.3+0.4+0.7

+0.3+1.0-0.8-0.1+0.4

+0.2+0.6-0.4+0.2+0.0

-1.9+1.2-3.0+0.5-2.4

-1.4+0.9-2.4+0.4-1.8

-2.2+1.6-3.8+0.8-3.1

15d

+19.9+1.9+18.0-1.0+20.8

+33.9+0.8+33.1-1.4+35.4

+14.9-5.7+20.6-5.4+20.4

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Paisalo Digital has allotted 29,49,247 secured NCDs of face value Rs 1,000 under Tranche I of its public issue, aggregating about Rs 294.92 crore. Base issue was Rs 150 crore with a Rs 150 crore green shoe option, within a Rs 900 crore shelf limit. Coupons range from 9.00% to 10.47% per annum across 6 series, with tenures of about 18 months to 5 years. Rated AA (Stable) by BWR and IVR. Secured by loan receivables with 1.10 times cover. Will be listed on BSE.

Likely market impact

Raises about Rs 295 crore to fund lending. Adds to debt, but AA rating and 1.10x asset cover support credit quality. Minor dilution risk nil as NCDs.