Purple United Sales IPO
Purple United Sales is an NSE SME IPO listed on the NSE SME platform, priced at ₹121–₹126 per share. The stock debuted at ₹199, delivering a listing gain of 57.9%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,26,000.
Purple United Sales Limited IPO
- IPO Dates
- Dec 11, 2024 – Dec 13, 2024
- Price band
- ₹121-126 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- ₹32.81 Cr
- Lot size
- 1000
- Allotment Date
- Dec 16, 2024
- Listing
- Dec 18, 2024
- Listing At
- NSE SME
IPO timeline
-
Dec 11, 2024
Open Date
Completed
-
Dec 13, 2024
Close Date
Completed
-
Dec 16, 2024
Allotment Date
Completed
-
Dec 18, 2024
Listing Date
Completed
Purple United Sales IPO Essentials
Purple United Sales IPO Details
Purple United Sales IPO is priced at ₹121-126 per share with a total issue size of 32.81 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹121-126 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,604,000 shares(aggregating up to ₹32.81 Cr)
- Total issue size
- 26,04,000 shares
(aggregating up to ₹32.81 crore) - Fresh issue
- 26,04,000 shares
(aggregating up to ₹32.81 crore) - Listing at
- NSE SME
- List price
- 199.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Expert Global Consultants Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,26,000 |
| Retail(max) | 1 | 1000 | ₹1,26,000 |
| NII (min) | 2 | 2000 | ₹2,52,000 |
Purple United Sales IPO Documents
Purple United Sales IPO Reservation
Purple United Sales IPO reservation details show category-wise allocation of shares. Out of the total 26,04,000 shares, approximately 19.01% are reserved for QIB, 14.25% for NII, 33.26% for retail investors, 5.03% for market maker, and 28.46% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 7,41,000 (28.46%) | |
| Market Maker Shares Offered | 1,31,000 (5.03%) | |
| QIB Shares Offered | 4,95,000 (19.01%) | |
| NII (HNI) Shares Offered | 3,71,000 (14.25%) | |
| Retail Shares Offered | 8,66,000 (33.26%) | |
| Total Shares Offered | 26,04,000 (100%) |
Purple United Sales IPO Analytics
Purple United Sales IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Purple United Sales IPO Subscription Status
Purple United Sales IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹6.87/-
- EPS Post IPO
- ₹5.01/-
- P/E Pre IPO
- 18.33
- P/E Post IPO
- 25.15
Returns
- ROCE
- 19.35%
- RoNW
- 27.78%
- PAT Margin
- 11.26
Fundamentals
- Debt / Equity
- 1.48
- Price / Book
- 4.82
Purple United Sales Financials( In Lakhs)
| 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 |
| Net Worth | 1,733.64 | 1,036.58 | 617.59 |
| Reserves & Surplus | 1,070.34 | 428.5 | 63.77 |
| Total Borrowing | 2,562.8 | 1,187.42 | 1,105.76 |
Purple United Sales Company & Offer Insights
About Purple United Sales
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.
Purple United Sales Promoter(s)
MR. Jatinder Dev Seth, MRS. Bhawana Seth, Innovation Mobile, Web Technologies Private Limited, Manish Dev Seth and Monica Seth are the company's promoters of Purple United Sales.
Purple United Sales IPO Issue Objectives
- •
- Expenditure for opening new stores
- •
- Working capital requirements
- •
- General corporate purposes
Purple United Sales IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Purple United Sales Limited | 7.84 | 7.84 | 26.14 | N/A | 27.78 | 4.85 | N/A |
| S.p. Apparels Ltd | 35.72 | 35.72 | 304.32 | 24.45 | 11.74 | 1.91 | N/A |
| Iris Clothings Limited | 1.5 | 1.5 | 8.48 | 44.02 | 17.67 | 13.51 | N/A |
| Karnika Industries Limited | 8.15 | 8.15 | 42.83 | 36.44 | 19.03 | N/A | N/A |
Notes:
- Current Market Price is taken as closing on July 31, 2024.
- The P/E Ratio has been calculated by dividing the Current Market Price as of July 31, 2024, by the EPS as of March 31, 2024.
Contact Information
Contact Details
Purple United Sales
+91 9667792635
Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, New Delhi, Delhi, India, 11004
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Purple United Sales IPO is a book-built IPO worth ₹32.81 crore. The price band is ₹121–₹126 per share. The IPO opens on Dec 11, 2024 and closes on Dec 13, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Purple United Sales IPO is ₹121 to ₹126 per share.
The lot size of Purple United Sales IPO is 1000 shares.
The minimum investment for Purple United Sales IPO is approximately ₹1,26,000 based on the upper price band .
Purple United Sales IPO opens on Dec 11, 2024 and closes on Dec 13, 2024.
The allotment date of Purple United Sales IPO is Dec 16, 2024.
Purple United Sales IPO is expected to be listed on Dec 18, 2024, on NSE SME Platform.
Purple United Sales IPO valuation snapshot: P/E 25.15, EPS ₹5.01/-, P/B 4.82, RoNW 27.78%, and market cap N/A.
To apply for Purple United Sales IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Purple United Sales IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Purple United Sales IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Purple United Sales IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Purple United Sales IPO allotment status on IPO Ji for quick and easy access.