Purple Finance Ltd Right Issue

₹44.82 Cr BSE 4 Oct 2024 – 11 Oct 2024

Closed Ratio: 1 : 3 BSE
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Issue Price
₹40.00
Face Value
₹10.00
Issue Size (Shares)
11,204,985
Issue Size (₹ Cr.)
₹44.82
📅 Right Issue Timetable
Last Date to Buy SharesWed, Sep 25, 2024
Record DateThu, Sep 26, 2024
Credit of Rights EntitlementsTue, Oct 1, 2024
Bid/Offer Opens OnFri, Oct 4, 2024
Issue Open DateFri, Oct 4, 2024
Renunciation Last DateTue, Oct 8, 2024
Bid/Offer Closes OnFri, Oct 11, 2024
Issue Close DateFri, Oct 11, 2024
Deemed Date of AllotmentFri, Oct 18, 2024
Credit DateTue, Oct 22, 2024
Listing DateWed, Oct 23, 2024
📋 Right Issue Details
Issue Size (Shares)11,204,985
Issue Size (Amount)₹44.82 Cr.
Issue Price₹40.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 3
Listing AtBSE
Terms of PaymentAll money payable at the time of Application
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income4.442.56-3.11
EBITDA
Net Worth48.3317.3016.02
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in November 1993, Purple Finance Limited is a non-banking financial company (NBFC) that offers secured lending to retail micro, small, and medium enterprises (MSMEs) in tier II, III, and tier IV cities. The company provides loans to micro and small entrepreneurs ranging from ?3 lakh to ?30 lakh.

PFL has disbursed around INR 45 crore to approximately 800 customers. All loans are secured by either self-occupied residential or commercial property. PFL utilizes advanced technology for lending to customers.
📞 Company Contact
CompanyPurple Finance Ltd
AddressRoom No. 11, 1st Floor
Indu Chambers 349/353, Samuel Street, Vadgadi,
Masjid Bunder (West), Mumb
Un, Gujarat
Phone02269165100
Emailcompliance@purplefinance.in
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗