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Purple United Sales IPO
98.86xsubscribed

Purple United Sales IPO

Textile
listed
₹1.21LMin. investment

Purple United Sales Limited IPO Details

SectorTextile
Price range₹121 – ₹126
IPO type
SME
Lot size1000 shares
Issue size₹32Cr
Red Herring Prospectus
Read
Market cap
₹121CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹42.77CrLower than sector avg
Growth rate3Y CAGR
3,732%

Purple United Sales IPO Timeline

  1. Pre-apply
    10 Dec 2024
  2. Bid start
    11 Dec 2024
  3. Bid end
    13 Dec 2024
  4. Allotment
    16 Dec 2024
  5. Release of funds
    17 Dec 2024
  6. Demat transfer
    17 Dec 2024
  7. Listing
    18 Dec 2024

About Purple United Sales Limited

Founded in 2014, Purple United Sales specializes in premium children’s fashion, offering apparel, footwear, and accessories. The brand focuses on comfort, safety, and style, using lab-tested materials. Expanding from apparel to footwear via Disney and Mattel partnerships, Purple United adopted an omni-channel strategy, launching an e-commerce platform in 2018. By 2024, it operates 24 exclusive outlets and 14 shop-in-shops across India. Known for its commitment to sustainability, the brand generated 70% of its sales through a multi-channel approach and won the 2024 Emerging Brand award.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Purple United Sales IPO

Working capital requirement
The company will use ₹18 crore to meet working capital requirements.
Business expansion
The company will use ₹5.35 crore to open new stores for business expansion.
General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹42.77Cr3,732%₹4.81Cr₹121Cr16.071.48
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Purple United Sales IPO Contact Details

Company NamePurple United Sales Limited

How to apply for Purple United Sales IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Purple United Sales IPO FAQs

Investors can apply for the Purple United Sales IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Purple United Sales IPO is 32 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Purple United Sales IPO will be open between 2024-12-11 and 2024-12-13.
Purple United Sales IPO allotment date is 2024-12-17. For Purple United Sales IPO allotment status check, you can visit the website of the registrar of the IPO.
For Purple United Sales IPO, the IPO registrar is Kfin Technologies Limited. You can check Purple United Sales IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Purple United Sales IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Purple United Sales IPO lot size is 1000 and minimum order quantity is 1000.
Purple United Sales IPO has set the price band for its IPO at 126 per equity share with a face value of 10.