Purple United Sales Limited IPO
NSE SMEListed On: Dec 18, 2024 at ₹ 199.0
₹ 126000 /1000 Shares
Check Allotment11 Dec, 2024
Open Date13 Dec, 2024
Close Date16 Dec, 2024
Allotment Date18 Dec, 2024
Listing DateIssue Price
₹121-126 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
199.0Listing Date
2024-12-18Market Lot
1000 Shares (₹126,000/-)Lead Manager
Expert Global Consultants Private LimitedIssue Size
2,604,000 shares(aggregating up to ₹32.81 Cr)Retail Portion
35%Subscription
160.16 timesIPO Docs
DRHPPurple United Sales IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 495,000 / 371,000 | 866,000 | 1,732,000 |
Day 1 - 11-12-24 06:00 PM | 3.50 / 4.37 x | 11.28 x | 7.58 x |
Day 2 - 12-12-24 06:00 PM | 3.51 / 12.41 x | 28.77 x | 18.04 x |
Day 3 - 13-12-24 06:00 PM | 86.30 / 270.05 x | 155.29 x | 160.16 x |
Purple United Sales Valuations
EPS Pre IPO
₹6.87/-EPS Post IPO
₹5.01/-P/E Pre IPO
18.33P/E Post IPO
25.15RoNW
27.78%Purple United Sales Company Financials All values are in ₹ Lakh
31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 4,913.96 | 3,250.92 | 2,278.96 |
Revenue | 4,219.59 | 2,571.10 | 1,656.19 |
Profit After Tax | 481.54 | 149.22 | 177.16 |
About The Company
Purple United is a fashion brand that offers clothing, shoes, and accessories for children of all ages.
The company's flagship line, Purple United Kids, accompanies children up to the age of 14 and offers laboratory-tested products made of high-quality materials in bright colours and designs for every occasion. The company designs, develops, sources, markets and distributes clothing and footwear for infants (0 to 1 year), toddlers (2 to 6 years) and older children (7 to 14 years). The company offers a wide range of accessories and hardware, such as strollers.
The company operates mainly in India, with 17 exclusive stores (called EBOs) in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids products are also available online through their website, mobile app, and big e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and more. Additionally, the company works with 44 retailers across the country.
The company's product range includes t-shirts, shirts, jackets, sweaters, apparel sets, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, ballerinas, mules, moulds, flipflops, sandals, caps, tote bags, socks and strollers among others.
As of June 30, 2024, the company had 161 employees, all of whom were employed on a full-time basis.
Purple United Sales - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
- MR. Jatinder Dev Seth, MRS. Bhawana Seth, Innovation Mobile, Web Technologies Private Limited, Manish Dev Seth and Monica Seth
Purple United Sales IPO - Issue Objectives
- Expenditure for opening new stores
- Working capital requirements
- General corporate purposes
Purple United Sales IPO - FAQs
Ans. Purple United Sales Limited IPO is a SME IPO. The issue is priced at ₹121-126 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Dec 11, 2024, and closes on Dec 13, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Purple United Sales Limited IPO opens on Dec 11, 2024 and closes on Dec 13, 2024.
Ans. The size of Purple United Sales Limited IPO is 2,604,000 shares(aggregating up to ₹32.81 Cr).
Ans. The IPO price band is set between ₹121-126 per equity share.
Ans. To apply for Purple United Sales Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Purple United Sales Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Purple United Sales Limited IPO is Dec 16, 2024.
Ans. The Purple United Sales Limited IPO will be listed on Dec 18, 2024.
Ans. Follow the steps to check the allotment status for Purple United Sales Limited IPO here.