Paisalo Digital, an NBFC owned by SBI Life, has announced a fund offering of ₹188.5 crore.

Paisalo Digital, an NBFC owned by SBI Life, announced that it had raised ₹188.5 crore to boost expansion ambitions and improve capital efficiency. The money is intended to increase its lending capability and meet the requirements of underprivileged borrowers throughout India.

On Tuesday, January 6, SBI Life-owned NBFC stock Paisalo Digital declared that it has raised ₹188.5 crore to lower funding costs, improve capital efficiency, and expand expansion plans.

The tiny-cap Through its most recent public issuances in Q3, NBFC claimed to have raised the funds at an annual ROI of 8.5%.

"Paisalo Digital has successfully raised nearly ₹188.5 crores at an annual ROI of 8.5% through its latest listed issuances in Q3," the business stated in an exchange filing on January 6. This increase demonstrates the company's solid balance sheet strength, prudent risk management, and outstanding credit profile."

According to the corporation, this issuance might significantly lower its cost of funds, improve its lending capability, and fortify its medium-term capital base.

This increase coincides with the expectation that NBFCs with sound governance and rigorous underwriting will benefit from changing market conditions.

It stated that it will use the money to strengthen its High Tech–High Touch distribution model, expedite the deployment, and assist its pan-Indian development across 22 states and UTs.

Several innovative loan products targeted for underrepresented income groups, self-employed borrowers, and microbusiness owners.

Paisalo is well-positioned to take a bigger chunk of India's formalizing MSME and income-generation loan ecosystem because to its 4,380 touchpoints and quickly expanding customer franchise.

The shareholding pattern of Paisalo Digital
By the conclusion of the September quarter of the current fiscal year, SBI Life Insurance held 6,21,14,267 shares, or 6.83% of all voting rights, according to the BSE shareholding pattern data.

By the conclusion of Q2FY26, the total number of shares held by foreign portfolio investors (FPIs) was close to 19 crore, or 20.89% of all voting rights.

Last year, the share price of Paisalo Digital reached a 52-week high of ₹48.19 on January 17 and a 52-week low of ₹29.40 on June 20.

Although it has recently witnessed respectable gains, the small-cap stock has dropped 22% over the past year. It has increased by 15% in the past six months.

The stock dropped 0.90% to close at ₹35.23 on the BSE on Tuesday, January 6.