Purple United Sales Limited IPO is open for subscription from 11 December 2024. This book-built SME IPO will be open for subscription until 13 December 2024. Purple United Sales Limited is raising ₹ 32.81 crore from the entire fresh issue of 26.04 lakh equity shares.
The ipo allotment time and date have to be finalized on Monday, 16 December 2024. Purple United Sales stocks will be listed on NSE SME on Wednesday, 18 December 2024 as announced.
Purple United Sales IPO price band has been set between ₹ 121 and ₹ 126 per share. The minimum ipo lot size of 1000 shares, which amounts to a minimum investment of ₹ 126000 for retail investors. For the HNIs, the minimum number of lots they have to buy is two, amounting to a minimum investment of ₹ 252000.
Here Are the Quick Steps to Apply for the Purple United Sales SME IPO!
Purple United Sales NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | December 11, 2024 |
| IPO Closing Date | December 13, 2024 |
| Tentative IPO Listing Date | December 18, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹121 to ₹126 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 2604000 shares (₹32.81 Cr) |
| Fresh Issue | 2604000 shares (₹32.81 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 7005800 shares |
| Shareholding Post-issue | 9609800 shares |
Purple United Sales Limited | Company Overview
Purple United Sales Limited was started 10 years back in 2014 as a fashion brand, which offers apparel and accessories for kids and children up to the age of 14. The company operates with its flagship line known as “Purple United Kids”. All their products are lab-tested and made of high-quality fabrics, bright colors, and other materials to offer the best designs for kids for all occasions. Purple United Sales Ltd. also deals in shoes and footwear for children of all ages even for infants. For infants, they also offer strollers, other hardware, and accessories. They are engaged in the entire process of designing the products, sourcing raw materials, developing, and finally marketing and distribution as well.
Purple United Sales Limited has a base in India with 17 exclusive stores across 5 different states and 10 different cities. Another 20 shop-in-shop centers are there in major retail outlet chains. They are also available online via different fashion and e-commerce websites such as Amazon, Myntra, Nykaa, Flipkart, AJIO, and others. On top of that, the firm works with more than 44 retailers across India.
Product range
- T-shirts
- Jackets
- Shirts
- Sweaters
- Apparel sets
- Rompers
- Dungarees
- Party wears
- Dresses
- Trousers
- Denim
- Mules
- Ballerinas
- Sandals
- Tote bags
- others
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Purple United Sales Limited IPO | Key Details
- Purple United Sales IPO Opening Date: December 11, 2024,
- Purple United Sales IPO Closing Date: December 13, 2024,
- Allotment Date: December 16, 2024
- Price Band: ₹121 to ₹ 126 per share
- Lot Size: 1000 shares
- Refunds Initiated: December 17, 2024
- Shares Credited to Demat: December 17, 2024
- Listing Date: December 18, 2024
Purple United Sales Ltd: Financial Overview
In FY24, Purple United Sales Ltd. generated a profit (PAT) of ₹ 481.54 lakhs which was 222.70% higher than FY23’s PAT of ₹ 149.22 lakhs. This exceptional rise in the PAT has come within a 66.93% rise in the revenue. However, the total borrowing went up by 115.83% during the same period.
Here are the details of the financials of the firm
All figures in ₹ Lakhs
| Financial Information | 31 Mar 2024 | 31 Mar 2023 | Change (31 Mar’23 – 31 Mar’24) | Change (%) |
| Assets | 4,913.96 | 3,250.92 | 1,663.04 | 51.16 |
| Revenue | 4,291.59 | 2,571.10 | 1,720.49 | 66.92 |
| Profit After Tax | 481.54 | 149.22 | 332.32 | 222.70 |
| Net Worth | 1,733.64 | 1,036.58 | 697.06 | 67.25 |
| Reserves and Surplus | 1,070.34 | 428.5 | 641.84 | 149.79 |
| Total Borrowing | 2,562.80 | 1,187.42 | 1,375.38 | 115.83 |
FAQs | Purple United Sales Ltd IPO
Purple United Sales Ltd is engaged designing, procurement, development, marketing, and distribution of clothing and footwear products for all children up to the age of 14.
The tentative IPO listing date of Purple United Sales has been fixed as Wednesday, December 18, 2024.
The bidding date for the Purple United Sales IPO is December 11, 2024, and it will continue until December 13, 2024.
The minimum IPO lot size for Purple United Sales is 1000 shares. For HNIs, it is 2 lots as the minimum investment requirement.
The IPO allotment is expected to be finalized on Monday, December 16, 2024.
The IPO face value is set at ₹10 per share.
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