IPO

Purple United Sales Limited IPO

NSE SME

Listed On: Dec 18, 2024 at ₹ 199.0

₹ 126000 /1000 Shares

Check Allotment
Purple United Sales IPO Details

11 Dec, 2024

Open Date

13 Dec, 2024

Close Date

16 Dec, 2024

Allotment Date

18 Dec, 2024

Listing Date

Issue Price

₹121-126 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

199.0

Listing Date

2024-12-18

Market Lot

1000 Shares (₹126,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

2,604,000 shares(aggregating up to ₹32.81 Cr)

Retail Portion

35%

Subscription

160.16 times

IPO Docs

DRHP

Purple United Sales IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved495,000 / 371,000866,0001,732,000
Day 1 - 11-12-24 06:00 PM3.50 / 4.37 x11.28 x7.58 x
Day 2 - 12-12-24 06:00 PM3.51 / 12.41 x28.77 x18.04 x
Day 3 - 13-12-24 06:00 PM86.30 / 270.05 x155.29 x160.16 x
Total No. of Applications: 1,42,578 (Approx)

Purple United Sales Valuations

EPS Pre IPO

₹6.87/-

EPS Post IPO

₹5.01/-

P/E Pre IPO

18.33

P/E Post IPO

25.15

RoNW

27.78%

Purple United Sales Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets4,913.963,250.922,278.96
Revenue4,219.592,571.101,656.19
Profit After Tax481.54149.22177.16

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.

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Purple United Sales - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %


Company Promoter(s)
  1. 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

  1. Expenditure for opening new stores
  2. Working capital requirements
  3. 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.