Paisalo Digital Ltd raises Rs. 50 crores through NCDs

On July 16, 2020, Paisalo Digital Ltd has raised an amount of Rs. 50 Crores (Rupees Fifty Crores only) by an allotment of 10.50% Secured, Redeemable, Non-Convertible, Rated, Listed, Taxable Bonds in the nature of Debentures ("NCDs") of the face value of Rs. 10,00,000/- (Rupees Ten Lakh) each on Private Placement basis.

The said NCDswill be listed on the Wholesale Debt Market segment of BSE Limited.

Shares of Paisalo Digital Ltd was last trading in BSE at Rs.271.85 as compared to the previous close of Rs. 243.3. The total number of shares traded during the day was 4619 in over 515 trades.

The stock hit an intraday high of Rs. 285 and intraday low of 235.1. The net turnover during the day was Rs. 1254633.

Source : Equity Bulls

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