The stocks of Smallcap Company Pasalo Digital have gained tremendous rise on Friday. Pasalo Digital shares reached Rs 33.75 with a jump of over 7 % during Intrade in BSE on Friday.
The Smallcap Non-Banking Finance Company (NBFC) has announced a new coal-lending loan agreement with the State Bank of India (SBI). The purpose of this agreement is to make the loan access to the loan for small and medium enterprises across the country. Pasalo Digital is also stake in the country’s largest insurance company LIC and SBI Life Insurance.
SBI and Pasalo expanded partnership
Non-Banking Finance Company (NBFC), Passalo Digital Limited has signed a new co-lin-lonely agreement with SBI on 26 June 2025. This agreement targets SME products and is an extension of their current co-liny partnership in 2021. According to the company, SBI-Paisalo Digital Lending Platform has served more than 94 lakh customers through 3565 tissue across the country. Now this platform has included sme lending in its portfolio. Platform priority can increase the growth of growth in sector financing and help solve problems associated with credit gaps in the undersved business segments.
LIC and SBI Life’s big bet on company
Life Insurance Corporation of India (LIC), the country’s largest insurance company, has 77,59,511 shares of Pasalo Digital. LIC stakes 1.17 % in the company. At the same time, SBI Life Insurance has 6,21,14,267 shares of Pasalo Digital. SBI Life stakes 9.36 % in the company. This data of the company’s shareholding is till March 2025 quarter.
Paisalo Digital has distributed bonus shares twice
Paisalo Digital has given a gift of bonus share to its shareholders 2 times. In May 2010, the company gave bonus shares to its investors at 3: 1 ratio. That is, the company distributed 3 bonus shares on each stock. In March 2024, the company gave the shareholders bonus shares in 1: 1 ratio. That is, the company gave 1 free share on 1. The company has also divided its shares in June 2022. The company has divided its shares into 10 pieces. The company has divided shares with a face value of Rs 10 into 10 shares with a face value of Rs 1.