LIC-backed NBFC stock gains as domestic institutional investor increases stake

As per the regulatory filing under SEBI’s Regulation 29(2), Equilibrated Venture Cflow purchased 5,40,000 shares of Paisalo Digital.

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Shares of LIC-backed non-banking financial company (NBFC) Paisalo Digital gained on Tuesday i.e. March 18, 2025 as Delhi-NCR-based domestic institutional investor (DII), Equilibrated Venture Cflow (P) Ltd., has increased its stake in the company.

The counter opened in green at Rs 35.15 on the BSE against the previous close of Rs 34.60. It gained further to touch the high of Rs 35.89 – a gain of 3.7 per cent. However, despite the positive movement, the small-cap stock remains close to its 52-week low of Rs 34. The 52-week high of the stock is Rs 86.82, recorded in April 2024.

It has lost over 58 per cent from that peak. The stock also touched its 52-week low in February 2025.

According to the information shared, the acquisition was carried out through the open market.

As per the regulatory filing under SEBI’s Regulation 29(2), Equilibrated Venture Cflow purchased 5,40,000 shares of Paisalo Digital. This acquisition accounts for 0.0599 percent of the company’s total share and diluted voting capital.

With this, Equilibrated Venture Cflow’s total holding in the NBFC has increased to 14,07,37,205 shares or 15.6007 per cent stake in the company. Prior to the acquisition, it held 14,01,97,205 shares or 15.5409 per cent stake.

Earlier, the company announced that the country’s largest PSU bank, State Bank of India (SBI), has invested in the Commercial Papers (CPs) issued by it.

Meanwhile, the BSE benchmark index Sensex jumped over 900 points to reclaim the 75,000-mark during the morning trade on Tuesday in-tandem with a positive trend in global markets and buying in bank stocks.

Extending its previous day’s rally, the 30-share BSE Sensex jumped 901.43 points to 75,071.38 during the morning trade. The NSE Nifty also surged 265.9 points to 22,774.65.

From the Sensex pack, Zomato, ICICI Bank, Asian Paints, Larsen & Toubro, Mahindra & Mahindra, Tata Motors, NTPC, Adani Ports and Hindustan Unilever were among the biggest gainers. However, Bajaj Finserv, Bajaj Finance, Reliance Industries and IndusInd Bank were the laggards.




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