Purple United Sales IPO is to open on December 11. Purple United Sales is a SME IPO to raise ₹32.81 crores via IPO. The Purple United Sales IPO price band is fixed at ₹121 to ₹126 with a market lot of 1000 Shares.
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 GMP Live Rates Today
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 18 December | ₹80 |  | ₹- | ₹60,000 |
| 17 December | ₹80 | | ₹- | ₹60,000 |
| 16 December | ₹55 | | ₹- | ₹40,000 |
| 14 December | ₹55 | | ₹- | ₹40,000 |
| 13 December | ₹50 |  | ₹- | ₹40,000 |
| 12 December | ₹55 | | ₹- | ₹45,000 |
| 11 December | ₹55 | | ₹- | ₹45,000 |
| 10 December | ₹20 | | ₹- | ₹15,000 |
| 9 December | ₹20 | | ₹- | ₹15,000 |
| 7 December | ₹20 | | ₹- | ₹15,000 |
| 6 December | ₹20 | | ₹- | ₹15,000 |
| 5 December | ₹- | – | ₹- | ₹- |
| 4 December | ₹- | – | ₹- | ₹- |
| 3 December | ₹- | – | ₹- | ₹- |
Note: A positive IPO GMP means there is strong demand in the grey market for that IPO in another case a negative IPO GMP means there is no or lower demand in the grey market. The demand will lead to a positive or negative IPO listing.
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 Dates
| 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 |
Purple United Sales IPO GMP aka Grey Market Premium FAQs:
What is Purple United Sales IPO GMP Today?
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Disclaimer:
- IPO Grey Market Premium (Purple United Sales IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
