The Purple United Sales IPO minimum market lot is 1,000 shares with ₹126,000 application amount. The Purple United Sales IPO is a SME IPO, and it is to be listed on NSE.
Purple United Kids was founded 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, 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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Purple United Sales IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.50 | 0.00 | 0.00 |
| NII | 4.35 | 0.00 | 0.00 |
| RII | 11.18 | 0.00 | 0.00 |
| Total | 7.52 | 0.00 | 0.00 |
Purple United Sales IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Purple United Sales IPO Review and Rating
- May Apply
Purple United Sales IPO Form
How to apply for the Purple United Sales IPO? You can apply for Purple United Sales IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Purple United Sales IPO in the Invest section. The other option is you can apply for Purple United Sales IPO via IPO forms downloaded online. Check out the Purple United Sales forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
