Purple United Sales IPO Details
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹121 to ā¹126 Per Share |
| Issue Size: | Approx ā¹32.81 Crores |
| Fresh Issue: | Approx ā¹32.81 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Purple United Sales IPO Market Lot
The Purple United Sales IPO minimum market lot is 1000 shares with ā¹126,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ā¹126,000 |
| Retail Maximum | 1 | 1,000 | ā¹126,000 |
| S-HNI Minimum | 2 | 2,000 | ā¹252,000 |
Purple United Sales IPO Dates
The Purple United Sales IPO date is December 11 and the close date is December 13. The Purple United Sales IPO allotment will be finalized on December 16 and the IPO listing on December 18.
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Basis of Allotment: | December 16, 2024 |
| Refunds: | December 17, 2024 |
| Credit to Demat Account: | December 17, 2024 |
| IPO Listing Date: | December 18, 2024 |
Promoters of Purple United Sales IPO
The promoters of the company are MR. Jatinder Dev Seth, MRS. Bhawana Seth, Innovation Mobile, Web Technologies Private Limited, Manish Dev Seth and Monica Seth.
About Purple United Sales IPO
Purple United Kids was founded in 2014, and a shop for kidsā 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 itās known as a āpremium fashion brandā. Furthermore, it has a wide range of networks of businesses through varied mobile applications, websites, and major e-commerce platforms such as Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJIO, and many more. Moreover, it also has a total of 17 exclusive brands. It is noticeable, that the revenue of the last 3 years increased from INR 16.52 Crores to INR 42.77 crores in FY 2024. Moreover, net income was also INR 1.77 crores in 2022, while it increased around INR 4.82 crores in FY 2024 respectively.
Purple United Sales IPO Company Financial Report
The company reported revenue of ā¹42.20 crores in 2024 against ā¹25.71 crore in 2023. The company reported Profit of ā¹4.82 crores in 2024 against Profit of ā¹1.49 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹16.56 | ā¹15.39 | ā¹1.77 | ā¹22.79 |
| 2023 | ā¹25.71 | ā¹23.62 | ā¹1.49 | ā¹32.51 |
| 2024 | ā¹42.92 | ā¹36.95 | ā¹4.82 | ā¹49.14 |
| September 2024 | ā¹30.52 | ā¹26.23 | ā¹3.29 | ā¹70.34 |
Purple United Sales IPO Valuation – FY2024
Check Purple United Sales IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | 19.35% |
| EBITDA Margin: | 23.08% |
| PAT Margin: | 11.26% |
| Debt to equity ratio: | 1.48 |
| Earning Per Share (EPS): | ā¹7.26 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.78% |
| Net Asset Value (NAV): | ā¹26.14 |
Peer Group Comparison
| 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. |
Objects of the Issue
- Expenditure for opening new stores
- Working capital requirements;
- General corporate purposes
Purple United Sales IPO Review
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Purple United Sales IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Private Limited
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/
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