Purple Finance Rights Issue 2024 vs Sahana System Rights Issue 2024

Comparison between Purple Finance Rights Issue 2024 and Sahana System Rights Issue 2024.

Rights Issue details

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

 Purple Finance LtdSahana System Limited
LogoPurple Finance Rights Issue 2024 LogoSahana System Rights Issue 2024 Logo
Listing AtBSENSE
Terms of Payment

All money payable at the time of Application

The entire amount of the Issue Price of Rs. 890 per Rights Equity Share shall be payable at the time of Application.

Entitlement1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 15` fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarPurva Sharegistry (India) Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersMark Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Purple Finance Rights Issue 2024 rights issue is ₹44.82 Crores, whereas Sahana System Rights Issue 2024 rights issue size is ₹48.87 Crores.

 Purple Finance LtdSahana System Limited
Issue Size1,12,04,985 shares5,49,084 shares
Issue Size (Amount)₹44.82 Crores₹48.87 Crores
Issue Price₹40 per share₹890 per share
Face Value₹10 per share₹10 per share

Rights Issue Timetable

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 Sahana System Rights Issue 2024 is Sep 25, 2024.

 Purple Finance LtdSahana System Limited
Record DateSep 26, 2024Sep 25, 2024
Credit of Rights EntitlementsOct 01, 2024Sep 25, 2024
Bid/Offer Opens OnOct 04, 2024Oct 11, 2024
Renunciation of Rights EntitlementsOct 08, 2024Oct 16, 2024
Bid/Offer Closes OnOct 11, 2024Oct 25, 2024
Deemed Date of AllotmentOct 18, 2024Oct 31, 2024
Credit DateOct 22, 2024Nov 08, 2024
Listing DateOct 23, 2024Nov 11, 2024

Financials details

Comparison of Purple Finance Rights Issue 2024 and Sahana System 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 LtdSahana System Limited
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.

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

Sahana System Limited Financial Information (Restated Consolidated)

Sahana System Limited's revenue increased by 187% and profit after tax (PAT) rose by 193% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets96.0524.1314.29
Revenue69.2924.14
Profit After Tax18.216.21
Amount in ₹ Crore

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Purple Finance Rights Issue 2024 Vs Sahana System Rights Issue 2024