Comparison between Purple Finance Rights Issue 2024 and Rapid Investments Rights Issue 2024.
Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Purple Finance Rights Issue 2024 and Rapid Investments Rights Issue 2024. Purple Finance Rights Issue 2024 is listed on BSE while Rapid Investments Rights Issue 2024 is listed on BSE.
| Purple Finance Ltd | Rapid Investments Ltd. | |
|---|---|---|
| Logo |  |  |
| Listing At | BSE | BSE |
| Terms of Payment | All money payable at the time of Application | The entire amount of Rs 100 (including a premium of Rs 90) is payable at the time of application |
| Entitlement | 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date | 25 Rights Equity Share(s) for every 39 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 | Purva Sharegistry (India) Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
The issue size of Purple Finance Rights Issue 2024 rights issue is ₹44.82 Crores, whereas Rapid Investments Rights Issue 2024 rights issue size is ₹8.40 Crores.
| Purple Finance Ltd | Rapid Investments Ltd. | |
|---|---|---|
| Issue Size | 1,12,04,985 shares | 8,39,744 shares |
| Issue Size (Amount) | ₹44.82 Crores | ₹8.40 Crores |
| Issue Price | ₹40 per share | ₹100 per share |
| Face Value | ₹10 per share | ₹10 per share |
Find all the important dates related to the rights issue. The record date of Purple Finance Rights Issue 2024 is Sep 26, 2024 while record date of Rapid Investments Rights Issue 2024 is Sep 18, 2024.
| Purple Finance Ltd | Rapid Investments Ltd. | |
|---|---|---|
| Record Date | Sep 26, 2024 | Sep 18, 2024 |
| Credit of Rights Entitlements | Oct 01, 2024 | Sep 24, 2024 |
| Bid/Offer Opens On | Oct 04, 2024 | Sep 26, 2024 |
| Renunciation of Rights Entitlements | Oct 08, 2024 | Oct 04, 2024 |
| Bid/Offer Closes On | Oct 11, 2024 | Oct 10, 2024 |
| Deemed Date of Allotment | Oct 18, 2024 | Sep 16, 2024 |
| Credit Date | Oct 22, 2024 | Sep 18, 2024 |
| Listing Date | Oct 23, 2024 | Sep 18, 2024 |
Comparison of Purple Finance Rights Issue 2024 and Rapid Investments 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.
| Purple Finance Ltd | Rapid Investments Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial | 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.
| Rapid Investments Ltd. Financial Information (Restated)Rapid Investments Ltd.'s revenue increased by 440% and profit after tax (PAT) rose by 489% between the financial year ending with March 31, 2024 and March 31, 2023.
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