Announced Thu, 22 Oct, 2026 · 21:08 IST

Purple Finance plans affordable housing finance expansion

Compliance View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.7%Reaction day

₹68.00

prior close

₹66.11

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-1.4% vs market

Non Banking Financial Company (NBFC) peers, median of 219sector-1.5%-2.1% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 2.1 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-3.7-2.3-1.4-1.5-2.1

Next day

-4.4-1.9-2.5-1.8-2.6

-3.6-0.2-3.3-1.2-2.4

-6.7pendingpending-0.2-6.5

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 219Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Purple Finance plans to enter affordable housing finance for rural and mass-market borrowers, possibly via an acquisition, investment or subsidiary. It approved PURPLE SARAL loans of ₹75,000 to ₹2 lakh and SAKSHAM LAP loans of ₹2 lakh to ₹4 lakh. Its assets under management rose 101% year on year to ₹329.21 crore; group assets reached ₹853 crore. Group profit after tax was ₹100.17 lakh in Q2 FY27 and ₹138.59 lakh in H1 FY27.

Likely market impact

The move may support longer-term growth and diversify secured lending, but no housing finance deal is final and more capital may be required.