Purple Finance Completes Rs 39 Crore Warrant Allotment to Intellect Money Finvest
Purple Finance Limited has successfully allotted 1 crore equity share warrants valued at Rs 39 crores to Intellect Money Finvest Private Limited. The Finance Committee approved the allotment on December 12, 2025, completing the preferential issue process with warrants priced at Rs 39 each including a premium of Rs 29 per warrant.

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Purple Finance Limited has successfully completed the allotment of equity share warrants worth Rs 39.00 crores to Intellect Money Finvest Private Limited. The Finance Committee approved the allotment on December 12, 2025, marking the completion of the preferential issue process that was initially approved by the Board of Directors.
Warrant Allotment Details
The Finance Committee meeting, held on December 12, 2025, approved the allotment of warrants under the preferential issue framework. The meeting commenced at 3:30 p.m. and concluded at 3:45 p.m.
| Particulars: | Details |
|---|---|
| Allottee: | Intellect Money Finvest Private Limited |
| Number of Warrants: | 1,00,00,000 (One Crore) |
| Issue Price: | Rs 39.00 per warrant |
| Face Value: | Rs 10.00 per equity share |
| Premium: | Rs 29.00 per warrant |
| Total Amount: | Rs 39.00 crores |
| Conversion Ratio: | 1 warrant : 1 equity share |
Regulatory Compliance
The allotment has been completed in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also complied with the preferential issue requirements under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, read with the Companies Act, 2013.
Capital Structure Enhancement
The company had earlier planned to increase its authorized share capital from Rs 60.00 crores to Rs 70.00 crores by creating an additional 1 crore equity shares of Rs 10.00 face value each. The warrants, once converted, will provide Purple Finance with additional equity capital to strengthen its financial position.
Corporate Communication
The disclosure has been uploaded on the company's website at www.purplefinance.in . Company Secretary and Compliance Officer Ruchi Nishar signed the regulatory filing, ensuring proper documentation of the allotment process.
Market Impact
The successful completion of the warrant allotment represents a significant milestone for Purple Finance Limited in its capital raising efforts. The potential conversion of these warrants into equity shares will provide the Mumbai-based financial services company with enhanced financial resources for its business operations.
Historical Stock Returns for Purple Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.91% | -0.73% | +37.97% | +31.01% | -19.54% | -46.14% |








































