Announced Mon, 6 Apr · 18:46 IST
Allotment of ₹5 Crore NCDs at 12.50% to single investor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹55.74
prior close
₹56.11
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.6+1.2+3.4+2.3+4.6+4.5+6.5+7.6+16.6+23.8+28.3+15.4+15.7
Up moveDown movePending
AI summary
Purple Finance allotted 500 subordinated, unsecured, listed NCDs of Rs 1,00,000 face value each, totaling Rs 5 crore, to Mr. Sanjeev Prithviraj Kumar via private placement on April 6, 2026. The NCDs carry a 12.50% per annum coupon payable monthly, have a 61-month tenure maturing May 6, 2031, and will be listed on BSE (Scrip ID 1225PFL28). This follows the board's March 31, 2026 approval.
Likely market impact
Small Rs 5 Cr NCD raise from a single investor at 12.50% — non-dilutive but adds interest burden. Signals NBFC capital raising.