Purple Finance Ltd Right Issue

₹40.34 Cr BSE 2 Jun 2025 – 16 Jun 2025

Closed Ratio: 3 : 14 BSE
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Issue Price
₹42.00
Face Value
₹10.00
Issue Size (Shares)
9,604,273
Issue Size (₹ Cr.)
₹40.34
📅 Right Issue Timetable
Last Date to Buy SharesThu, May 22, 2025
Record DateFri, May 23, 2025
Credit of Rights EntitlementsWed, May 28, 2025
Bid/Offer Opens OnMon, Jun 2, 2025
Issue Open DateMon, Jun 2, 2025
Renunciation Last DateFri, Jun 6, 2025
Bid/Offer Closes OnMon, Jun 16, 2025
Issue Close DateMon, Jun 16, 2025
Deemed Date of AllotmentTue, Jun 17, 2025
Credit DateThu, Jun 19, 2025
Listing DateFri, Jun 20, 2025
📋 Right Issue Details
Issue Size (Shares)9,604,273
Issue Size (Amount)₹40.34 Cr.
Issue Price₹42.00 per share
Face Value₹10.00 per share
Entitlement Ratio3 : 14
Listing AtBSE
Terms of PaymentThe full amount of Rs.42 per share has to be paid on application
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income4.442.560.00
EBITDA
Net Worth0.000.000.00
Reserves & Surplus14.71-5.73-4.41

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
2General corporate purposes
🏢 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 Rs 3 lakh to Rs 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 utilises 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), Mumbai
Mumbai, Maharashtra
Phone02269165100
Emailcompliance@purplefinance.in
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗