{"id":15459,"date":"2026-08-07T18:29:47","date_gmt":"2026-08-07T12:59:47","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=15459"},"modified":"2026-08-07T18:29:49","modified_gmt":"2026-08-07T12:59:49","slug":"paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/","title":{"rendered":"Paisalo Digital Limited NCD IPO: Issue Details, Returns, and Risks"},"content":{"rendered":"\n<p><strong>Summary:<\/strong> Paisalo Digital Limited launches a secured NCD public<strong> issue<\/strong> aggregating up to <strong>\u20b9300 crore<\/strong> (base \u20b9150 Cr <strong>+<\/strong> oversubscription \u20b9150 Cr). These NCDs are rated AA\/Stable by Brickwork Ratings and AA\/Stable by Infomerics Ratings. The NCD issuance is structured across six distinct series. The coupon rates provided vary between 9.00% and 10.47% per annum, with available investment periods of 18, 24, 36 and 60 months.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Paisalo_Digital_Limited_NCD_IPO_Issue_Overview\" >Paisalo Digital Limited NCD IPO: Issue Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Paisalo_Digital_Limited_NCD_Interest_Rates_and_Effective_Yields\" >Paisalo Digital Limited NCD Interest Rates and Effective Yields<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Understanding_the_Allocation_Ratio\" >Understanding the Allocation Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#How_to_Invest_in_Paisalo_Digital_NCD_IPO_via_GoldenPi\" >How to Invest in Paisalo Digital NCD IPO via GoldenPi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Financial_Overview_of_Paisalo_Digital_Limited\" >Financial Overview of Paisalo Digital Limited:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Ratio_Analysis\" >Ratio Analysis:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#Should_You_Invest_Pros_and_Cons_of_Paisalo_Digital_NCD\" >Should You Invest? Pros and Cons of Paisalo Digital NCD\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/uncategorized\/paisalo-digital-limited-ncd-ipo-issue-details-returns-and-risks\/#About_Paisalo_Digital_Limited\" >About Paisalo Digital Limited:<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Paisalo Digital launches NCD issue offering yields up to 10.46%<\/strong><\/h3>\n\n\n\n<p>Paisalo Digital Limited Tranche I NCD issue is live with an effective annual yield of up to 10.46%. The \u20b9300 crore issue is open for subscription and closes on August 20, 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paisalo_Digital_Limited_NCD_IPO_Issue_Overview\"><\/span><strong>Paisalo Digital Limited NCD IPO: Issue Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Paisalo Digital Limited is issuing Secured, Redeemable Non-Convertible Debentures (NCDs). This issue is a strategic opportunity for investors looking for fixed-income assets with a high degree of safety.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Credit Rating:<\/strong> AA\/Stable (BWR) and AA\/Stable (IVR)<\/li>\n\n\n\n<li><strong>Yield Range:<\/strong> 9.38% to 10.46% p.a.<\/li>\n\n\n\n<li><strong>Tenures:<\/strong> 18, 24, 36 and 60 months.<\/li>\n\n\n\n<li><strong>Nature:<\/strong> Secured and Redeemable.<\/li>\n\n\n\n<li><strong>High Yield\u00a0|\u00a0BWR AA\/Stable &amp; IVR AA\/Stable Rated | Minimum Investment: 10k Only<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"850\" height=\"1024\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image-850x1024.png\" alt=\"\" class=\"wp-image-15461\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image-850x1024.png 850w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image-249x300.png 249w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image-768x925.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image-1275x1536.png 1275w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175432\/image.png 1470w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paisalo_Digital_Limited_NCD_Interest_Rates_and_Effective_Yields\"><\/span><br><strong>Paisalo Digital Limited NCD Interest Rates and Effective Yields<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The NCDs are being issued in Six different series to cater to different investor needs, ranging from short-term liquidity to long-term wealth compounding<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1012\" height=\"478\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175507\/image-1.png\" alt=\"\" class=\"wp-image-15462\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175507\/image-1.png 1012w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175507\/image-1-300x142.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175507\/image-1-768x363.png 768w\" sizes=\"(max-width: 1012px) 100vw, 1012px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Understanding_the_Allocation_Ratio\"><\/span><br><strong>Understanding the Allocation Ratio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The allocation ratio is prepared based on norms laid down by SEBI. Before announcing the allocation ratio, the same has to be approved by SEBI. Once the IPO subscription closes, applications will be divided into different categories.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"615\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1-1024x615.png\" alt=\"\" class=\"wp-image-15463\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1-1024x615.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1-300x180.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1-768x461.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1-1536x923.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175542\/image-1-1.png 1653w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Paisalo_Digital_NCD_IPO_via_GoldenPi\"><\/span><br>How to Invest in Paisalo Digital NCD IPO via GoldenPi<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investing in Bond IPOs is now seamless. Follow these easy steps:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Log in to <a href=\"https:\/\/goldenpi.com\/\">GoldenPi<\/a>.<\/li>\n\n\n\n<li>Look for the Search option and type Paisalo Digital<\/li>\n\n\n\n<li>Select Paisalo Digital NCD IPO\u00a0<\/li>\n\n\n\n<li>Choose your series and apply via UPI.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"371\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2-1024x371.png\" alt=\"\" class=\"wp-image-15464\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2-1024x371.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2-300x109.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2-768x278.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2-1536x556.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175604\/image-1-2.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Overview_of_Paisalo_Digital_Limited\"><\/span><br><strong>Financial Overview of Paisalo Digital Limited:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A deep dive into the company\u2019s balance sheet reveals a consistent growth trajectory in revenue and net worth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Snapshot stating the Revenue, PAT and Net-worth (In crores):<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"615\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2-1024x615.png\" alt=\"\" class=\"wp-image-15465\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2-1024x615.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2-300x180.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2-768x461.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2-1536x923.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175659\/image-2.png 1653w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><br><strong>Cash Flow Analysis (In crore):<\/strong><\/h3>\n\n\n\n<p>Cash flow refers to the movement of cash in and out of the business at a specific point in time. It represents the net balance of the cash movement.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>*Cash flow from operating activities reflects the amount a company generates through its product of services.<br><\/li>\n\n\n\n<li>**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<br><\/li>\n\n\n\n<li>***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects the net flows of cash that are used to fund the company.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"552\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3-1024x552.png\" alt=\"\" class=\"wp-image-15466\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3-1024x552.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3-300x162.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3-768x414.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3-1536x828.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175731\/image-3.png 1843w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><br><strong>Ratio Analysis:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07175830\/Table%402x-2-1024x561.png\" alt=\"\" class=\"wp-image-15467\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Should_You_Invest_Pros_and_Cons_of_Paisalo_Digital_NCD\"><\/span><br><strong>Should You Invest? Pros and Cons of Paisalo Digital NCD\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pros:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strong Credit Rating:<\/strong> Rated BWR AA\/Stable and BWR AA\/Stable, indicating high degree of safety and low credit risk\u200b.<br><\/li>\n\n\n\n<li><strong>Secured NCDs<\/strong><strong>:<\/strong> Senior secured NCDs provide safety in comparison to unsecured NCDs.<br><\/li>\n\n\n\n<li><strong>Exclusive first-ranking charge: <\/strong>Provides an extra layer of safety, ensuring investors have the absolute highest priority and exclusive rights to the specific assets pledged for these NCDs in the event of company failure.<br><\/li>\n\n\n\n<li><strong>Security Cover: <\/strong>The security cover required must be a minimum of 110% of the total of the outstanding principal balance and accrued interest.<br><\/li>\n\n\n\n<li><strong>Competitive yields<\/strong>: up to 10.46% vs bank FDs. and AAA rated corporate bonds<br><\/li>\n\n\n\n<li><strong>Wide tenor and payout options: <\/strong>Monthly to Annual<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cons:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interest Rate Risk:<\/strong> More pronounced in longer tenors (60 months).<br><\/li>\n\n\n\n<li><strong>Liquidity risk: <\/strong>Exclusive listing on the BSE may introduce liquidity risk if trading volumes in the secondary market remain low.<\/li>\n<\/ul>\n\n\n\n<p><strong>Must Check:<\/strong> <a href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><strong>To get better returns than Bank FDs, invest in NCD-IPOs online.&nbsp;<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Paisalo_Digital_Limited\"><\/span><strong>About <\/strong><strong>Paisalo Digital<\/strong><strong> Limited<\/strong><strong>:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Paisalo Digital Ltd. is a leading Indian Non-Banking Financial Company (NBFC) focused on providing technology-driven credit solutions to MSMEs, micro-enterprises, and underserved borrowers across India. Headquartered in New Delhi, the company operates through a vast network of 5,995 touchpoints across 23 states and Union Territories, offering small-ticket business, income-generation, and mobility loans. Paisalo combines a \u201chigh-tech, high-touch\u201d lending model with AI-powered underwriting and co-lending partnerships with leading public sector banks to expand financial inclusion while maintaining strong asset quality.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Q1 FY27 Snapshort:<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27-1024x512.png\" alt=\"\" class=\"wp-image-15468\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27-1024x512.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27-300x150.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27-768x384.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27-1536x768.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/07180410\/Q1FY27.png 1774w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strengths:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Increasing Promoter Commitment: <\/strong>Promoters increased their Equity stake to 46.7% through continued open-market purchases (+4.97% in Q1 FY27), reflecting strong confidence in the company&#8217;s long-term growth.<br>\u00a0<\/li>\n\n\n\n<li><strong>Strong Institutional Shareholding:<\/strong> Paisalo is backed by reputed institutional investors such as <strong>SBI Life Insurance, Vanguard, Morgan Stanley, BNP Paribas, and State Street Global<\/strong>, enhancing its credibility and governance profile.<br><\/li>\n\n\n\n<li><strong>Asset-Light Business Model: <\/strong>The company follows a <strong>zero-capex distribution model<\/strong> by leveraging BCs and OEM\/dealer partnerships. This allows it to expand geographically without significant investment in physical branches.<br><\/li>\n\n\n\n<li><strong>Adequate Capitalisation: <\/strong>Net worth stood at \u20b91830 Cr as of June \u201926, supported by strong internal accruals. Gearing is moderate at 2.61x, while a healthy CRAR of 33.10% (<strong>vs. RBI minimum requirement of 15%<\/strong>) provides adequate buffers to support growth and maintain financial stability.<br><\/li>\n\n\n\n<li><strong>Expansion of AUM: <\/strong>Over a five-year period (FY21 to FY26), the AUM demonstrated a 21% CAGR, reaching \u20b9 6,101 Cr. Additionally, the AUM for Q1 FY27 was recorded at \u20b9 6,707 Cr.<br><\/li>\n\n\n\n<li><strong>Improving profitability profile: <\/strong>PAT increased to\u00a0 \u20b9237 Cr in FY26 (vs \u20b9200 Cr in FY25 &amp; \u20b9179 Cr in FY24), with Return on Assets (RoA) to\u00a0 3.8% in\u00a0 FY26 (vs 3.9% in FY25 &amp; 4.5% in FY24)<br><\/li>\n\n\n\n<li><strong>Healthy Asset Quality : <\/strong>GNPA improved to 0.76% (FY26) vs 0.99% (FY25), reflecting strong collection efficiency and low delinquencies in their loan book.<br><\/li>\n\n\n\n<li><strong>Diversified\u00a0 funding profile: <\/strong>Funding is well diversified, with access to a wide network of PSU Banks (SBI, PNB, BoB, BOI) and private banks (J&amp;K Bank, South Indian bank ), alongside capital market instruments (NCDs, ECB, FCCB), supporting funding stability and refinancing flexibility.<br><\/li>\n\n\n\n<li><strong>Strong Liquidity Profile with Positive ALM:<\/strong> Paisalo maintains a positive ALM across all key maturity buckets, with surplus liquidity of <strong>\u20b9848 crore (&lt;6 months), \u20b9714 crore (&lt;1 year) and \u20b9474 crore (&lt;3 years)<\/strong>, reducing refinancing risk.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Weakness:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regional Concentration Risk: <\/strong>Around 92% of business comes from just five states (Delhi, Maharashtra, UP, Haryana &amp; Rajasthan). This makes the company vulnerable to local economic issues.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Invest Now:<\/strong> <a href=\"https:\/\/goldenpi.com\/bond-ipo-online\"><strong>Invest in Bond IPO online in just 5 minutes<\/strong><\/a><\/h3>\n\n\n\n<p><strong>Source:<\/strong> Tranche I Prospectus July 31, 2026, Investor Presentation Q1 FY27 (Paisalo Digital)<\/p>\n\n\n\n<p><strong>Tranche I Prospectus &#8211;<\/strong> https:\/\/www.sebi.gov.in\/filings\/debt-offer-document\/jul-2026\/paisalo-digital-limited-tranche-i-prospectus_103303.html<\/p>\n\n\n\n<p><strong> Investor Presentation Q1 FY27<\/strong> &#8211; https:\/\/www.paisalo.in\/pdf\/pdf\/Investor_PPT_Q1_FY_2027.pdf<br><br><strong>Disclaimer &#8211;<\/strong>The information is published as on date 07\/08\/2026 based on information available on Tranche I Prospectus July 31, 2026. The information may be subject to change in case of change in terms of prospectus or any other reason as the case may be. Contents which are exclusively for educational information\/knowledge sharing on capital market concepts and have no influence on the investment\/sale decisions of any investors.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary: Paisalo Digital Limited launches a secured NCD public issue aggregating up to \u20b9300 crore (base \u20b9150 Cr + oversubscription \u20b9150 Cr).&hellip;<\/p>\n","protected":false},"author":12,"featured_media":15460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[113,1],"tags":[],"class_list":["post-15459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ncd-ipo","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paisalo Digital Limited NCD IPO: Issue Details, Returns, and Risks - 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