Purple Finance Limited

Founded in 1993 and headquartered in Maharashtra, India.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: December 15, 2024

Purple Finance Profile

Key Indicators

  • Authorised Capital ₹ 50.60 Cr
  • Paid Up Capital ₹ 44.82 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 44.30%
  • Profit Growth -14.24%
  • Ebitda 12.83%
  • Net Worth 4.21%
  • Total Assets 4.57%

About Purple Finance

Purple Finance Limited (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 09 November 1993 and has a history of 31 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Devipura Balaji Securities And Investments Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.60 Cr and a paid-up capital of Rs 44.82 Cr.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Purple Finance Limited India are Sonal Vira as Cfo, Sabyasachi Rath as Ceo, and Ruchi Nishar as Company Secretary. Amitabh Chaturvedi, Ajay Pandey, Amit Sonawala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1993PLC075037

  • Company No.

    075037

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1993

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Purple Finance?

Executive Team (3)

Name Designation Appointment Date Status
Sabyasachi Rath Country flag representing In CEO 02-Aug-2022 Current
Sonal Vira CFO 03-Oct-2022 Current
Ruchi Nishar Company Secretary 01-Nov-2022 Current

Board Members (6)

Name Designation Appointment Date Status
Rajeev Deoras Country flag representing In Director 09-Mar-2022 Current
Amit Sonawala Country flag representing In Director 29-Feb-2024 Current
Amitabh Chaturvedi Country flag representing In Director 09-Mar-2022 Current
Ajay Pandey Country flag representing In Director 28-Jun-2023 Current
Minal Chaturvedi Country flag representing In Director 20-Dec-2013 Current
Sumeet Sandhu Country flag representing In Director 28-Jun-2023 Current

Financial Performance of Purple Finance.

Purple Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.3% increase. The company also saw a substantial fall in profitability, with a 14.24% decrease in profit. The company's net worth moved up by a moderate rise of 4.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
44.30%
Revenue from Operations
37.40%
Total Assets
4.57%
Profit or Loss
-14.24%
Net Worth
4.21%
EBITDA
12.83%

What is the Ownership and Shareholding Structure of Purple Finance?

In 2024, Purple Finance had a promoter holding of 72.11% and a public holding of 27.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2024 Others ₹18.00 Cr Open
29 Mar 2024 Others ₹5.00 Cr Open
29 Mar 2024 Others ₹2.00 Cr Open
04 Sep 2023 Others ₹10.00 Cr Open
31 Oct 2012 Hdb Financial Services Ltd. ₹1.00 Cr Satisfied

How Many Employees Work at Purple Finance?

Purple Finance has a workforce of 108 employees as of Dec 13, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Purple Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Purple Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Purple Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 18.00 Cr registered on 10 Jun 2024 with Charge ID 100931462 was modified on 23 Sep 2024.

    23 Sep 2024

  • Annual General Meeting

    Purple Finance Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100931462 was registered on 10 Jun 2024.

    10 Jun 2024

  • Balance Sheet

    Purple Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100902148 was registered on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100902155 was registered on 29 Mar 2024.

    29 Mar 2024

Frequently asked questions

  • Purple Finance Limited was incorporated on 09 Nov 1993.

  • The authorized share capital of Purple Finance Limited is ₹ 50.60 Cr and paid-up capital is ₹ 44.82 Cr.

  • Currently 9 directors are associated with Purple Finance Limited.

    • Amitabh Jitendra Chaturvedi
    • Ajay Kumar Pandey
    • Amit Jayvant Sonawala
    • Rajeev Deoras
    • Minal Amitabh Chaturvedi
    • Sumeet Sandhu
    • Sonal Amit Vira
    • Sabyasachi Rath
    • Ruchi Jitendra Nishar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purple Finance Limited is Room No.11 1St Floor Indu Chamber 349/353 Samuel Street Vadgadi, Masjid Bunder(We St) India, Mumbai, Maharashtra, 400003.

  • The corporate identification number (CIN) of Purple Finance Limited is L67120MH1993PLC075037 and the company number is 075037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purple Finance Limited is https://www.purplefinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Purple Finance Limited has risen by 44.30%.

  • As Per 2023 financial reports, 108 employees are currently employed by Purple Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Purple Finance Limited has experienced an upsurge of 4.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Purple Finance Limited amount to ₹ 35.00 Cr.

  • The most recent Balance Sheet for Purple Finance Limited was filed with the ROC on 31 Mar 2024.

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