Purple United Sales IPO Details
The key details of Purple United Sales’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹32.81 Cr |
| Price Range | ₹121 - ₹126 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹126,000 |
| Pre IPO Promotor Holding | 87.54% |
| Post IPO Promotor Holding | 63.82% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Purple United Sales IPO Timelines
The IPO process for Purple United Sales includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
11/12/2024
Start Date13/12/2024
End Date17/12/2024
Refund Initiation17/12/2024
Credit of Shares to Demat Ac18/12/2024
Listing DatePurple United Sales IPO Lot Size
The Purple United Sales IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹126 per share, requiring ₹126,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹252,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹126,000 |
| Retail Maximum | 1 | 1000 | ₹126,000 |
| S-HNI Minimum | 2 | 2000 | ₹252,000 |
Purple United Sales IPO Subscription Status
The subscription status for Purple United Sales IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 86.30x | 269.70x | 155.29x | -- | 160.08x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹199 | ₹208.95 | ₹208.95 | ₹189.05 |
Purple United Sales IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹16.56 | ₹15.39 | ₹1.77 |
| FY 2023 | ₹25.71 | ₹23.62 | ₹1.49 |
| FY 2024 | ₹42.20 | ₹36.95 | ₹4.82 |
About Company
Purple United Sales, founded in 2014, is a premium fashion brand dedicated to offering high-quality, versatile apparel, footwear, and accessories for children aged 0 to 14 years. The flagship brand, “Purple United Kids,” features laboratory-tested products made from premium materials in vibrant colors and designs suitable for various occasions. The company operates 17 exclusive brand outlets (EBOs) and numerous shop-in-shop locations across India, alongside a strong online presence through its website and major e-commerce platforms like Myntra, Amazon, and Flipkart.
With a diverse product range that includes clothing, shoes, and accessories such as strollers, Purple United Sales aims to cater to the needs of modern families. As of June 30, 2024, the company employed 161 full-time staff members and continues to expand its reach within the growing children’s fashion market in India.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2014 | FMCG | Rajesh Kumar Sodhani |
Know Before Investing
Purple United Sales IPO Strengths
- Revenue increased from ₹16.52 crore in FY22 to ₹42.77 crore in FY24.
- Offers a wide range of high-quality apparel, footwear, and accessories for children aged 0 to 14 years.
- Strong presence in both physical stores and major e-commerce platforms like Myntra and Amazon.
- Products are made from premium materials and undergo laboratory testing for safety.
- Plans for retail expansion position the company well in the growing children’s fashion market.
Purple United Sales IPO Risks
- The company’s operations are limited to specific regions, which may impact scalability and growth potential.
- Faces challenges from established brands and unorganized players in the children’s fashion market.
- Discretionary spending on children’s apparel could be adversely affected by economic downturns.
- Adherence to evolving regulations and standards is crucial for operational continuity.
Swot Analysis for Purple United Sales IPO
Strengths
Strong Brand Identity, Diverse Distribution Channels, Rapid Revenue Growth
Weaknesses
Limited Market Presence, Dependence on E-commerce, High Operational Costs
Opportunities
Growing Kids' Fashion Market, Expansion Plans, Technological Advancements
Threats
Intense Competition, Economic Downturns, Regulatory Challenges
Company Details
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: jdseth@purpleuni
Website: https://purpleunited.in/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: pusl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Purple United Sales IPO are:
- Expenditure for opening new stores
- Working capital requirements
- General corporate purposes
Expert Global Consultants Private Limited is the book-running lead managers for the Purple United Sales IPO.