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Purple United Sales Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹126
Per Share
GMP
NIL
Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹252,000
2 lots × 1000 shares
IPO Issue Details
Issue Price / Price Band₹126 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size26,04,000 shares (aggregating up to ₹32.81 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 11 Dec 2024
Subscription CloseFri, 13 Dec 2024
Anchor AllotmentTue, 10 Dec 2024
Basis of AllotmentMon, 16 Dec 2024
Initiation of RefundsTue, 17 Dec 2024
Credit of Shares to DematTue, 17 Dec 2024
Listing DateWed, 18 Dec 2024
UPI Mandate Deadline2024-12-13
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 1,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 2,000 shares
EPS (Pre-IPO)₹6.87
EPS (Post-IPO)₹6.85
P/E Ratio (Pre-IPO)18.33x
P/E Ratio (Post-IPO)18.39x
Net Offer to Public24,73,000 shares (aggregating up to ₹31.16 Cr)
Reserved for Market Maker1,31,000 shares (aggregating up to ₹1.65 Cr)
Pre-IPO Promoter Holding70,05,800 shares
Post-IPO Promoter Holding96,09,800 shares
About Purple United Sales Ltd

Incorporated in 2014, Purple United is a fashion brand that offers clothing, shoes, and accessories for children of all ages.The company's flagship line, "Purple United Kids", accompanies children up to the age of 14 and offers laboratory-tested products made of high-quality materials in bright colours and designs for every occasion. The company designs, develops, sources, markets and distributes clothing and footwear for infants (0 to 1 year), toddlers (2 to 6 years) and older children (7 to 14 years). The company offers a wide range of accessories and hardware, such as strollers.The company operates mainly in India, with 17 exclusive stores (called EBOs) in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids products are also available online through their website, mobile app, and big e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and more. Additionally, the company works with 44 retailers across the country.The company's product range includes t-shirts, shirts, jackets, sweaters, apparel sets, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, ballerinas, mules, moulds, flipflops, sandals, caps, tote bags, socks and strollers among others.As of June 30, 2024, the company had 161 employees, all of whom were employed on a full-time basis.Its competitive strengths:Well positioned to capitalise on the fast growing children's products market.Extensive product portfolio with quality products that offer a solid value propositionStrong backend with design capabilities, strong focus on the 3Fs (fun, fashion and functionality) and control over distribution channels.Experienced promoter and management teamStrong financial performance

Objects of the Issue

Purple United Sales Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Expenditure for opening new stores
2
Working capital requirements;
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 70,05,800 shares
Post-IPO Promoter Holding 96,09,800 shares
Check AllotmentCheck Status →
Purple United Sales Ltd — Live Price LIVE
₹126.00
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Issue ₹126.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹126
GMPNIL
Est. Listing₹126
Lot Size1,000 shares
Min Amount₹252,000
Listing Date18 Dec 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹126
Listing Date18 Dec 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 131,000 ₹1.65 Cr
TOTAL 2,604,000 100.00% ₹32.81 Cr
* Based on ₹126.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,000
Shares
Issue Price
₹126.00
Per Share
Min Investment
₹126,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,000 ₹126,000
Retail (Max) 13 13,000 ₹1,638,000
sNII (Min) 14 14,000 ₹1,764,000
bNII (Min) 68 68,000 ₹8,568,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 3052.04 4291.59 2571.10
EBITDA N/A N/A N/A
Profit After Tax (PAT) 329.28 481.54 149.22
Net Worth 2368.62 1733.64 1036.58
Total Assets 7033.67 4913.96 3250.92
Reserves & Surplus 1668.04 1070.34 1070.34
Total Borrowings 3366.66 2562.80 1187.42
Key Ratios & Valuation
Issue Price ₹126
Face Value ₹10 Per Share
P/BV 4.82
RoE N/A
RoCE 19.35%
RoNW 27.78%
PAT Margin (%) 11.26%
EBITDA Margin (%) N/A
Debt / Equity 1.48
Company Details
Company
Purple United Sales Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, Delhi, New Delhi, 110041
Book Running Lead Managers
Expert Global Consultants Pvt.Ltd. (Past IPO Performance)
Book Running Lead Manager (BRLM)