IPO

Purple United Sales Ltd. IPO

Purple United Sales Ltd., established in 2014, operates in the Retail - Apparel/Accessories sector. The company's IPO opened on December 11, 2024 and closed on December 13, 2024, with an issue price ... Read more

Min Investment
₹ 1,26,000 / 1000 shares
Price Range
₹121 - ₹ 126
Bidding Dates
11 Dec '24 - 13 Dec '24
Total Issue Value
32.81 Cr
Lot Size
1,000
Total Issue Size
32.81 Cr
Listing At
NSE SME
Subscription
149.55 times
NSE Price
191.75 (52.18%)

IPO Timeline

  • 11 Dec 2024
    Bidding Starts
  • 13 Dec 2024
    Bidding Ends
  • 16 Dec 2024
    Allotment Finalization
  • 18 Dec 2024
    Listing

About Purple United Sales Ltd.

Our Company was originally incorporated as ‘Purple United Sales Private Limited’ under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated September 16, 2014, bearing Registration Number 271636 issued by Registrar of Companies, Delhi. Our Company was ... Read more

Parent organisation
Founded
Purple United Sales Ltd.
2014

Purple United Sales Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 7,41,000 (28.46%)
Market Makers 1,31,000 (5.03%)
Non Institutional Investors 3,71,000 (14.25%)
Qualified Institutional Buyers (QIBs) 4,95,000 (19.01%)
Retail Individual Investors (RIIs) 8,66,000 (33.26%)

Purple United Sales Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 42.92 Cr 4.23 Cr 10.70 Cr
31 Mar 2023 25.71 Cr 1.20 Cr -1.42 Cr
31 Mar 2022 18.22 Cr 58.40 Lakh -2.62 Cr

Purple United Sales Ltd. Background

Our Company was originally incorporated as ‘Purple United Sales Private Limited’ under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated September 16, 2014 bearing Registration Number 271636 issued by Registrar of Companies, Delhi. Subsequently our Company ...

Read more

Major Events And Milestones
  • 2014
    Company Incorporation
  • 2015
    Offline/Online Distribution in the Apparel & Bags Category
  • 2017
    Purple United signed a licensing agreement with Disney and Mattel for kids' footwear
  • 2018
    Distribution began for PAN India. E-commerce business launched on platforms including Amazon and Flipkart, and key accounts were established with Reliance, V-Retail, and regional players.
  • 2019
    Started Retail Stores (EBO) for Purple United Kids in Delhi
  • 2020
    Expanded Retail presence with store openings in Punjab.
  • 2022
    Further expansion in Delhi NCR and Uttarakhand.
  • 2023
    Establish 14 Exclusive Brand Outlets (EBO) stores.
  • 2024
    Continued Retail expansion and growth initiatives
Purple United Sales Ltd. Object of Issues

1. Expenditure for opening new stores
2. Working capital requirement
3. General corporate purposes

Purple United Sales Ltd. IPO Listing Details
Listing Date
18 Dec 2024
NSE Symbol
PURPLEUNI
ISIN
Final Issue Price
₹ 126
Purple United Sales Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 126.00
Open - ₹ 199.00
Low - ₹ 189.05
High - ₹ 208.95
Last Trade - ₹ 208.95
Purple United Sales Ltd. Company Promoters

1. Mr. Jatinder Dev Seth
2. Mrs. Bhawna Seth
3. InnovationM Mobile and Web Technologies Private Limited.

Industry Overview

READYMADE GARMENT INDUSTRY IN INDIA
India is a leading garment-manufacturing country globally, known for its fine craftsmanship across the textile value chain, from fiber, yarn, and fabric to apparel with high international appeal. Indian textiles such as cotton, silk, and denim are highly ... Read more

Purple United Sales Ltd. Contact Details
Address: Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, New Delhi Delhi - 110041
Phone no:9667792635
9667792635
|
Purple United Sales Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Purple United Sales Ltd. IPO Lead Manager(s)
Expert Global Consultants Pvt. Ltd.
1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi Delhi - 110034
45098234

FAQs

When does Purple United Sales Ltd. IPO opens and closes?

Purple United Sales Ltd. IPO opens from 11th December to 13th December 2024.

What is the size of Purple United Sales Ltd. IPO?

The size of the Purple United Sales Ltd. IPO is ₹32.81 Cr.

What is the price range of Purple United Sales Ltd. IPO?

The price range of Purple United Sales Ltd. IPO is at ₹121 to ₹126 per share.

What is the minimum investment and lot size required for the Purple United Sales Ltd. IPO?

The minimum investment required is ₹1,26,000 and minimum lot size is 1000 shares.

When is Purple United Sales Ltd. IPO listing date?

The Purple United Sales Ltd. IPO will be listed on 18th December 2024.

What is the objective of Purple United Sales Ltd. IPO?

1. Expenditure for opening new stores
2. Working capital requirement
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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