Purple United Sales IPO Details
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 to ₹126 Per Share |
| Issue Size: | Approx ₹32.81 Crores |
| Fresh Issue: | Approx ₹32.81 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 ₹126,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ₹126,000 |
| Retail Maximum | 1 | 1,000 | ₹126,000 |
| S-HNI Minimum | 2 | 2,000 | ₹252,000 |
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 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.
Purple United Sales IPO Company Financial Report
The company reported revenue of ₹42.20 crores in 2024 against ₹25.71 crore in 2023. The company reported Profit of ₹4.82 crores in 2024 against 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 – 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): | ₹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
| 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
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
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/
Purple United Sales IPO FAQs
What is Purple United Sales IPO?
When Purple United Sales IPO will open for subscription?
What is Purple United Sales IPO Investors Portion?
How to Apply the Purple United Sales IPO?
What is Purple United Sales IPO Issue Size?
What is Purple United Sales IPO Price Band?
What is Purple United Sales IPO Lot Size?
What is the Purple United Sales IPO Allotment Date?
What is the Purple United Sales IPO Listing Date?
Note: The Purple United Sales IPO price band and date are officially announced. The (Purple United Sales IPO grey market premium) will be added to the IPO GMP page as it will start).
