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ARC Finance Rights Issue 2024 vs Purple Finance Rights Issue 2024

Comparision between ARC Finance Rights Issue 2024 and Purple Finance Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for ARC Finance Rights Issue 2024 and Purple Finance Rights Issue 2024. ARC Finance Rights Issue 2024 is listed on BSE while Purple Finance Rights Issue 2024 is listed on BSE.

  Arc Finance Ltd Purple Finance Ltd
Logo ARC Finance Rights Issue 2024 Logo Purple Finance Rights Issue 2024 Logo
Listing At BSE BSE
Terms of Payment

The Issue Price of Rs. 1.20/- per Equity Share shall be payable at the time of Application

All money payable at the time of Application

Entitlement 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Application Form Application Form Application Form
Letter of Offer Letter of Offer Letter of Offer
Registrar Skyline Financial Services Private Ltd Purva Sharegistry India Pvt Ltd
Lead Managers Mark Corporate Advisors Private Limited

Rights Issue Size and Price

The issue size of ARC Finance Rights Issue 2024 rights issue is ₹48.48 Crores, whereas Purple Finance Rights Issue 2024 rights issue size is ₹44.82 Crores.

  Arc Finance Ltd Purple Finance Ltd
Issue Size 40,39,60,000 shares 1,12,04,985 shares
Issue Size (Amount) ₹48.48 Crores ₹44.82 Crores
Issue Price ₹1.2 per share ₹40 per share
Face Value ₹1 per share ₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of ARC Finance Rights Issue 2024 is Oct 10, 2024 while record date of Purple Finance Rights Issue 2024 is Sep 26, 2024.

  Arc Finance Ltd Purple Finance Ltd
Record Date Oct 10, 2024 Sep 26, 2024
Credit of Rights Entitlements Oct 21, 2024 Oct 01, 2024
Bid/Offer Opens On Oct 21, 2024 Oct 04, 2024
Renunciation of Rights Entitlements Nov 12, 2024 Oct 08, 2024
Bid/Offer Closes On Nov 19, 2024 Oct 11, 2024
Deemed Date of Allotment Nov 21, 2024 Oct 18, 2024
Credit Date Dec 03, 2024 Oct 22, 2024
Listing Date Dec 03, 2024 Oct 23, 2024

Financials details

Comparison of ARC Finance Rights Issue 2024 and Purple Finance Rights Issue 2024 financial data, including total revenue, PAT, and net worth. The table below also includes a list of all relevant documents like the Application Form and Letter of Offer. Related Parties like Lead Manager and Registrar are also mentioned in this section.

  Arc Finance Ltd Purple Finance Ltd
Financial

Arc Finance Ltd Financial Information (Restated Consolidated)

Arc Finance Ltd's revenue increased by 34% and profit after tax (PAT) dropped by -17% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets71.570.9479.27
Revenue9.246.9232.59
Profit After Tax0.270.330.28
Reserves and Surplus0.630.560.47
Amount in ₹ Crore

Purple Finance Ltd Financial Information (Restated)

Purple Finance Ltd's revenue increased by 73% and profit after tax (PAT) dropped by -20% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets73.8758.4916.97
Revenue4.442.56-3.11
Profit After Tax-7.61-6.33-7.37
Net Worth48.3317.316.02
Total Borrowing22.130.30.4
Amount in ₹ Crore

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