Purple Finance Rights Issue 2024 FAQ's

₹44.82 Crores | Listing at BSE | Fri, Oct 4, 2024 - Fri, Oct 11, 2024

Purple Finance Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Purple Finance Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Oct 1, 2024
Last Date for renunciation of Rights EntitlementsTue, Oct 8, 2024
Issue Opening DateFri, Oct 4, 2024
Issue Closing DateFri, Oct 11, 2024
Date of Allotment (on or about)Fri, Oct 18, 2024
Date of Credit (on or about)Tue, Oct 22, 2024
Date of Listing (on or about)Wed, Oct 23, 2024

Purple Finance Rights Issue 2024 price is set at ₹40 per share. The Purple Finance Rights Issue 2024 opens on Fri, Oct 4, 2024, and closes on Fri, Oct 11, 2024, for the subscription.

The allotment of Purple Finance Rights Issue 2024 is expected to happen on or about October 18, 2024 as per the issue schedule.

Purple Finance Rights Issue 2024 is expected to list on or around October 23, 2024.

The credit of Purple Finance Rights Issue 2024 in Demat account is expected on or about October 22, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:

  • Augmenting the capital base; and
  • General corporate purposes.

It is difficult to predict the exact listing price of Purple Finance Ltd Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Purple Finance Ltd which could help you with questions like whether to subscribe or not. Consider reading Purple Finance Ltd reviews and analysis from experts posted on the Rights Issue detail page.