Purple United Sales IPO Details
| IPO Issue Open Date: | 11 December 2024 |
| IPO Issue Close Date: | 13 December 2024 |
| IPO Issue Price Band: | ₹121 to ₹126 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹32.81 Crores | [.] shares |
| Fresh Issue: | ₹32.81 Crores | [.] shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Purple United Sales IPO Prospectus:
Checkout the Purple United Sales IPO Prospectus of DRHP and RHP file.
Checkout the Purple United Sales IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Purple United Sales IPO Dates Timeline
| Issue Open Date: | 11 December 2024 |
| Issue Close Date: | 13 December 2024 |
| Basis of Allotment Date: | 16 December 2024 |
| Refunds Initiation: | 17 December 2024 |
| Shares Credit in Demat: | 17 December 2024 |
| IPO Listing Date Detail: | 18 December 2024 |
Purple United Sales IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1,000 shares = ₹126,000 |
| Retail (Max) | 1 lots and 1,000 shares = ₹126,000 |
| S-HNI (Min) | 2 lots and 2,000 shares = ₹252,000 |
| B-HNI Minimum | [.] |
Purple United Sales IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹55 | ₹45,000 | ₹- | 44% |
| 11 Dec | ₹55 | ₹45,000 | ₹- | 44% |
| 10 Dec | ₹20 | ₹15,000 | ₹- | 16% |
| 9 Dec | ₹20 | ₹15,000 | ₹- | 16% |
| 8 Dec | ₹20 | ₹15,000 | ₹- | 16% |
| 5 Dec | ₹- | ₹- | ₹- | -5% |
Check Live GMP
About Purple United Sales
Purple United Kids was eshtablished in 2014, and a shop for kids’ clothing and footwear opened. This company designs sources, markets, and sells clothing footwear, and other variety of products and accessories such as strollers for children. Owing to providing premium quality materials in clothing and lab-tested products it’s known as a “premium fashion brand”. Furthermore, this company has 17 brand outlets through online platforms such as websites, mobile applications, and major e-commerce platforms such as Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJIO, and more. It has revenue of FY 2024 INR 42.77 crores and expenses was INR 36.95 crores. Moreover, the net income of FY 2024 was INR 4.82 crores. This company is going to launch an IPO(Initial Public Offering) on 11th December 2024 which has the main purpose of opening new shops, capital working requirements, and general purposes.
Purple United Sales IPO Strengths
- The Company proposes to utilize the Net Proceeds towards augmenting their capital base to meet the Company’s future capital requirements.
- Quality Fabrics: The brand emphasizes high-quality materials and meticulous craftsmanship, ensuring comfort and durability in their products.
- Ethical Practices: The brand adheres to ethical business practices, contributing to its reputation for reliability and trustworthiness among consumers and stakeholders.
Objects of the IPO Issue
- Expenditure for opening new stores
- Working capital requirements;
- General corporate purposes
Purple United Sales Company Financial Report
The company reported revenue of ₹42.20 crores in 2024 against ₹25.71 crores in 2023. The company reported a profit of ₹4.82 crores in 2024 against a Profit of ₹1.49 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹16.56 | ₹15.39 | ₹1.77 | ₹22.79 |
| 2023 | ₹25.71 | ₹23.62 | ₹1.49 | ₹32.51 |
| 2024 | ₹42.20 | ₹36.95 | ₹4.82 | ₹49.14 |
Purple United Sales IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | -% |
| ROCE: | 19.35% |
| EBITDA Margin: | 23.08% |
| PAT Margin: | 11.26% |
| Debt to equity ratio: | 1.48 |
| Earning Per Share (EPS): | ₹7.26 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.78% |
| Net Asset Value (NAV): | ₹26.14 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| S.P. Apparels Limited | 35.72 | 24.45 | 11.74 | 304.32 | 1,087.36 Cr. |
| Monte Carlo Fashions Limited | 28.91 | 24.29 | 7.54 | 383.41 | 1,061.91 Cr. |
| Kewal Kiran Clothing Limited | 25.00 | 27.21 | 22.77 | 109.78 | 860.50 Cr. |
| Brainbees Solutions Limited | (6.20) | NA | (8.48) | 93.07 | 6,480.86 Cr. |
Purple United Sales IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: pusl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Purple United Sales IPO Lead Manager
- Expert Global Consultants Private Limited
Purple United Sales IPO allotment status noq on Link Intime website. Click on KFin Technologies Limited
to get allotment status.
Promoters of Purple United Sales
- MR. Jatinder Dev Seth
- MRS. Bhawana Seth
- Innovation Mobile
- Web Technologies Private Limited
- Monica Seth.
Company Address
Purple United Sales Limited
Khasra No. 55/14 & 55/15,
Near Rani Khera Road,
Mundka, West Delhi, New Delhi, Delhi, India, 11004
Phone: +91 9667792635
Email: mailto:jdseth@purpleuni
Website: https://purpleunited.in/