Penny stock below Rs 50 jumps after entering into a co-lending arrangement for SME products with the State Bank of India
The stock is up by 15 per cent from its 52-week low of Rs 29.75 per share.
Paisalo Digital Limited, a prominent non-deposit taking NBFC, has formalized a Co-Lending Loan Arrangement for SME products with the State Bank of India (SBI), India's largest public sector bank, on June 26, 2025. This agreement significantly expands their existing partnership, which commenced in 2021 with a co-lending (formerly co-origination) digital platform. The collaboration aligns with the Reserve Bank of India’s guidelines on co-lending, aiming to enhance credit flow to priority sectors like MSMEs by combining the strengths and reach of both banks and NBFCs.
Under this new arrangement, SBI and Paisalo will jointly fund SME loans, facilitating broader access to formal credit for small businesses, particularly in tier 2, tier 3 cities and rural areas. The digital co-lending platform provides end-to-end services, encompassing loan origination, processing, disbursement, servicing and recovery, ensuring efficiency and transparency. With a proven track record of servicing over 94 lakh customers through 3,565 touchpoints, this extended scope to SME products is anticipated to further stimulate growth in priority sector lending and address the unmet financial needs of India's underserved business segments.
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About the Company
Paisalo Digital Limited stands as a leading non-deposit-taking NBFC, duly registered with the Reserve Bank of India, distinguished by its extensive distribution network spanning the rural and semi-urban landscapes of India. With a remarkable track record of serving over 94 lakh borrowers through 3,565 touchpoints nationwide, Paisalo has emerged as a frontrunner in the co-lending space. The company is recognized for its pioneering efforts in seamless credit distribution services and its effective administration of income-generating loans, significantly contributing to financial inclusion across the country.
According to the financials, the company has a market cap of over Rs 2,700 crore. In its Quarterly Results and annual results, the company reported positive numbers. In Q4FY25, the company reported net sales of Rs 182.08 crore and the net profit increased by 26.4 per cent to Rs 46.29 crore in Q4FY25 compared to Q4FY24. In FY25 results, the net sales increased by 8 per cent to Rs 711.11 crore and the net profit increased by 12 per cent to Rs 200.12 crore compared to FY24.
In March 2025, FIIs bought 88,51,218 shares and increased their stake to 10.38 per cent in March 2025 compared to December 2024. The stock is up by 15 per cent from its 52-week low of Rs 29.75 per share. As of March 2025, SBI Life Insurance Co. Ltd owns a 9.36 per cent stake and Life Insurance Corporation of India (LIC) owns a 1.17 per cent stake.
Disclaimer: The article is for informational purposes only and not investment advice.