
New Launch2 April 2026 at 09:33 am
Paisalo Digital Ltd Allots 1300 Commercial Papers Worth Rs. 65 Crore at 9.00% Yield
AI Summary
Paisalo Digital Ltd has allotted 1300 Commercial Papers (CPs) worth Rs. 65 crore under a private placement. The face value of each CP is Rs. 5,00,000 and the yield is 9.00%. The issue price is Rs. 4,78,751.50 and the redemption value is Rs. 65,00,00,000. The tenure of the CPs is 180 days from the date of allotment, which is April 02, 2026. The maturity/redemption date is September 29, 2026. The CPs have been allotted by Paisalo Digital Ltd and the IPA is Bank of Maharshtra.
Key Highlights
- Paisalo Digital Ltd allots 1300 Commercial Papers worth Rs. 65 crore
- The yield is 9.00%
- The face value of each CP is Rs. 5,00,000
- The tenure of the CPs is 180 days from the date of allotment
- Bank of Maharshtra is the IPA