Purple Finance raised 20 crore rupees by issuing debt bonds to one investor
FY – FY 2026
Do Not Buy
Symbol
544191
Company
Purple Finance Ltd
Category
Debt Issuance
Source
Stock Exchange Filing
Interest Rate
11.90 percent
Amount Raised
20 Crore
Number of Bonds
20,000
Maturity Date
December 05, 2028
News Summary
Purple Finance Limited issued new debt bonds on a private basis to Ambium Finserve Limited.
The company raised up to 20 crore rupees with an interest rate of 11.90 percent per year.
These bonds will be listed on the BSE and mature in December 2028.
Why This Matters
This means the company secured fresh funding to support its operations.
As a result, investors should watch how the company uses this borrowed money.
Investors may want to see if this debt increases their risk in the stock.
Fundamental Backdrop (FY – FY 2026)
Metric
Value
Total Amount Raised
20 Crore Rupees
Interest Rate
11.90 percent per annum
Number of Bonds Issued
20,000
Maturity Date
December 05, 2028
Analyst's View
This suggests the company is actively seeking debt financing to grow.
The company appears to have secured a secured and rated loan.
Investors may want to monitor how this debt impacts future cash flows.
Do Not Buy
Avoid
The company is taking on significant new debt which increases financial risk for existing shareholders without immediate growth benefits shown.
Key Considerations
Investors should check if the company has enough cash to pay interest monthly.
Horizonmedium term
Confidence LevelMedium
⚠️
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice.
Do your own research and consult a qualified financial professional before making any investment decisions.