Advik Capital Rights Issue 2024 vs Purple Finance Rights Issue 2024

Comparison between Advik Capital 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 Advik Capital Rights Issue 2024 and Purple Finance Rights Issue 2024. Advik Capital Rights Issue 2024 is listed on BSE while Purple Finance Rights Issue 2024 is listed on BSE.

 Advik Capital LtdPurple Finance Ltd
LogoAdvik Capital Rights Issue 2024 LogoPurple Finance Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

Aggregate amount payable at the time of application.

All money payable at the time of Application

Entitlement14 Rights Equity Share(s) for every 30 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarSkyline Financial Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersNovus Capital Advisors Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Advik Capital Rights Issue 2024 rights issue is ₹49.95 Crores, whereas Purple Finance Rights Issue 2024 rights issue size is ₹44.82 Crores.

 Advik Capital LtdPurple Finance Ltd
Issue Size19,98,05,013 shares1,12,04,985 shares
Issue Size (Amount)₹49.95 Crores₹44.82 Crores
Issue Price₹2.5 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 Advik Capital Rights Issue 2024 is Sep 12, 2024 while record date of Purple Finance Rights Issue 2024 is Sep 26, 2024.

 Advik Capital LtdPurple Finance Ltd
Record DateSep 12, 2024Sep 26, 2024
Credit of Rights EntitlementsSep 18, 2024Oct 01, 2024
Bid/Offer Opens OnSep 24, 2024Oct 04, 2024
Renunciation of Rights EntitlementsOct 01, 2024Oct 08, 2024
Bid/Offer Closes OnOct 14, 2024Oct 11, 2024
Deemed Date of AllotmentOct 18, 2024
Credit DateOct 22, 2024
Listing DateOct 23, 2024

Financials details

Comparison of Advik Capital 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.

 Advik Capital LtdPurple Finance Ltd
Financial

Advik Capital Ltd Financial Information (Restated Consolidated)

Advik Capital Ltd's revenue increased by 40% and profit after tax (PAT) dropped by -32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets204.18142.5616.69
Revenue848.06604.3746.58
Profit After Tax6.369.350.44
Net Worth123.4567.569.58
Total Borrowing78.6875.134.69
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

Compare with others

Compare:

Advik Capital Rights Issue 2024 Vs Purple Finance Rights Issue 2024