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

ROCE

19.35%

Debt/Equity

1.48

RoNW

27.78%

PAT Margin

11.26

Price to Book Value

4.82

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
Net Worth1,733.641,036.58617.59
Reserves & Surplus1,070.34428.563.77
Total Borrowing2,562.81,187.421,105.76

About The Company

Purple United, which was added in 2014, sells children's clothing and shoes, as well as accessories, on its website for kids of every age.

The company flagship line, Purple United Kids, accompanies the child up to the age of 14. It offers products made of high-quality materials which are laboratory tested, in bright colors and designs for every occasion. The company designs, develops, sources, markets, and distributes clothing and footwear for infants (0-1 year), toddlers (2-6 years), and older children (7-14 years). The company offers a large variety of accessories and hardware, for example, strollers.

The company mainly operates in India. It has 17 exclusive stores, called EBOs, located in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids also sells their products online through the website, mobile app, and big e-commerce platforms such as Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and many more. Besides that, the company also collaborates with 44 retailers all over the country.

Its products are t-shirts, shirts, jackets, sweaters, sets of apparel, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, ballerinas, mules, molds, flipflops, sandals, caps, tote bags, socks, and strollers among others.

The company had 161 employees as at June 30, 2024, and all its employees were working on a full-time basis.

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Purple United Sales - Promoter(s)

Pre Issue Share Holding: 87.54%

Post Issue Share Holding: 63.82%


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

Other Details

Company Contact Details

Purple United Sales

Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, New Delhi, Delhi, India, 11004

Phone: +91 9667792635

Email: jdseth@purpleuni

Website: https://purpleunited.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: pusl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

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.