ARC Finance Rights Issue 2024 vs Purple Finance Rights Issue 2024

Comparison 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 LtdPurple Finance Ltd
LogoARC Finance Rights Issue 2024 LogoPurple Finance Rights Issue 2024 Logo
Listing AtBSEBSE
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

Entitlement4 Rights Equity Share(s) for every 5 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 ManagersMark Corporate Advisors Pvt.Ltd.

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 LtdPurple Finance Ltd
Issue Size40,39,60,000 shares1,12,04,985 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 LtdPurple Finance Ltd
Record DateOct 10, 2024Sep 26, 2024
Credit of Rights EntitlementsOct 21, 2024Oct 01, 2024
Bid/Offer Opens OnOct 21, 2024Oct 04, 2024
Renunciation of Rights EntitlementsNov 12, 2024Oct 08, 2024
Bid/Offer Closes OnNov 19, 2024Oct 11, 2024
Deemed Date of AllotmentNov 21, 2024Oct 18, 2024
Credit DateDec 03, 2024Oct 22, 2024
Listing DateDec 03, 2024Oct 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 LtdPurple 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

Compare with others

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ARC Finance Rights Issue 2024 Vs Purple Finance Rights Issue 2024