Purple Finance Limited Completes ₹25 Crore NCD Allotment to Strategic Investors

Purple Finance Limited has successfully completed the allotment of ₹25.00 crores worth of non-convertible debentures (NCDs) to two strategic investors on January 12, 2026. The Finance Committee of the Board of Directors approved this allotment through a circular resolution, marking a significant fundraising milestone for the company.

Allotment Details

The debenture allotment was structured across two investors with the following distribution:

Investor	Number of Debentures	Face Value per Debenture	Total Amount
Fourdegreewater Capital Private Limited	10,000	₹10,000.00	₹10.00 crores
Ambium Finserve Limited	15,000	₹10,000.00	₹15.00 crores
Total	25,000	₹10,000.00	₹25.00 crores

Instrument Features and Terms

The NCDs are characterized as senior, secured, rated, listed, redeemable, transferable, and INR denominated instruments. Key features include:

Parameter	Details
Interest Rate	12.25% per annum
Payment Schedule	Monthly interest payments
Tenure	24 months
Allotment Date	January 12, 2026
Maturity Date	January 12, 2028
Listing Exchange	BSE Wholesale Debt Market

Security and Repayment Structure

The debentures are secured by a comprehensive security framework designed to protect investor interests. The security structure includes a first ranking pari passu and continuing charge created in favor of the Debenture Trustee through an unattested deed of hypothecation over identified book debts and loan receivables of the company.

The principal repayment is structured across six installments during the 24-month tenure, with the final principal payment due on the maturity date. In case of payment default exceeding three months, the company will pay additional interest at 2.00% per annum over the base interest rate on outstanding principal amounts until the default is cured or debentures are fully redeemed.

Regulatory Compliance

This allotment was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously intimated the stock exchange about this proposed issuance on December 24, 2025, demonstrating adherence to regulatory disclosure requirements.

The successful completion of this ₹25.00 crore NCD allotment provides Purple Finance Limited with additional capital resources while offering investors a secured debt instrument with attractive monthly returns over a defined 24-month investment horizon.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.99%	+1.47%	+20.81%	+26.19%	-14.09%	-48.66%

Purple Finance Limited has successfully completed the allotment of subordinated non-convertible debentures worth ₹5.00 crores, marking the execution of its previously approved capital raising initiative. The Finance Committee had earlier approved comprehensive debenture issuances totaling ₹30.00 crores along with a strategic portfolio sale transaction.

Completed Debenture Allotment

The Finance Committee approved through circular resolution the allotment of 500 subordinated, unsecured, unrated, unlisted, redeemable, transferable, INR denominated, non-convertible debentures to Mr. Anil Prithviraj Kumar. The allotment was completed on January 06, 2026.

Allotment Details:	Specifications
Number of Debentures	500
Face Value	₹1,00,000 each
Total Amount	₹5,00,00,000
Allottee	Mr. Anil Prithviraj Kumar
Allotment Date	January 06, 2026
Maturity Date	February 06, 2031
Interest Rate	12.50% per annum
Tenure	61 months

Original Debenture Issuance Framework

The Finance Committee had previously approved two distinct debenture offerings on a private placement basis totaling ₹30.00 crores:

Debenture Type:	Senior Secured	Subordinated Unsecured
Number of Debentures	Up to 25,000	Up to 500
Face Value	₹10,000 each	₹1,00,000 each
Total Amount	₹25,00,00,000	₹5,00,00,000
Listing Status	Listed on BSE WDM	To be listed on BSE
Rating	Rated	Unrated
Tenure	24 months	61 months
Interest Rate	12.25% per annum	12.50% per annum

Interest and Repayment Structure

The completed subordinated debentures offer monthly interest payments at 12.50% per annum. The principal amount will be fully redeemed at par on the final redemption date of February 06, 2031. These debentures are unsecured and will be listed on BSE Limited in due course.

The senior secured debentures, when issued, will be backed by a first ranking pari passu charge over identified book debts and loan receivables. In case of payment default, an additional 2.00% per annum will be charged over the outstanding principal amount.

Portfolio Sale Transaction

Alongside the debenture program, the committee had approved the sale of a loan portfolio worth ₹8.66 crores to Vaastu Housing Finance Corporation Limited under a Direct Assignment arrangement.

Transaction Parameter:	Details
Portfolio Value	₹8.66 crores
Buyer	Vaastu Housing Finance Corporation Limited
Arrangement Type	Direct Assignment
Proportion Split	Vaastu 90%, Purple Finance 10%
Servicing Role	Purple Finance continues as servicer

The company maintains that this Direct Assignment transaction will be income accretive and demonstrates its ability to create quality loan portfolios while continuing operational involvement through loan servicing.