Purple United Sales Limited

  • Minimum Investment
    ₹1,21,000
  • Price Range
    ₹121 - ₹126
  • Issue Size
    ₹32.81 Cr
  • Lot Size
    1000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Expenditure for opening new stores.

Working capital requirements.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Purple United Sales Limited

Extensive product portfolio

In FY24, Purple United's portfolio featured around 650 styles of garments and footwear for boys and girls across all age categories infants, toddlers, and older children differentiated by design, gender, color, fabric, and artistic elements. The company plans to expand to approximately 690 styles in FY25

In-house design

Purple United boasts a skilled in-house design and merchandising team capable of developing products across all categories, ensuring every item aligns with the brand's core principle of adhering to the "3Fs (Fun, Fashion & Functionality)

Well-positioned in the market

Children aged 0-14 constitute 26% of India's population. Growth in this demographic, coupled with a shift from unorganized to organized markets, is projected to drive expansion in India’s kids' apparel sector

Expansion risks

Expansion plans for opening new stores may face risks such as unexpected delays and cost overruns, impacting timely implementation

Capital intensive

The business relies heavily on working capital and substantial financing. Difficulty in securing favorable financing could increase costs, impose restrictions, or dilute equity, affecting financial performance and share value

Receivable delays

Delays or failures in collecting client receivables could negatively impact the company’s business, financial health, operations, and cash flow

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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About Purple United Sales Limited

Purple United Sales was incorporated on September 16, 2014. The company is a premium fashion brand specializing in high-quality apparel, footwear, and accessories for children up to 14 years old. Their flagship brand, "Purple United Kids," focuses on comfort, safety, and quality with lab-tested products made from premium materials in vibrant colors and designs for various occasions.
  • Promoter
    Jatinder Dev Seth
  • Promoter
    Bhawna Seth
  • Promoter
    Manish Dev Seth
  • Promoter
    Monica Seth
  • Promoter
    InnovationM Mobile and Web Technologies Private Limited

Purple United Sales Limited IPO FAQs

What is Purple United Sales Limited IPO?

Purple United Sales Limited IPO refers to the initial public offering of shares by Purple United Sales Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Purple United Sales Limited IPO?

For Purple United Sales Limited IPO the issue size is ₹33 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Purple United Sales Limited IPO?

For Purple United Sales Limited IPO the minimum investment is ₹1,21,000. The minimum investment for Purple United Sales Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Purple United Sales Limited IPO?

For Purple United Sales Limited IPO the lot size is 1000 shares. The lot size of Purple United Sales Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Purple United Sales Limited IPO on Share.Market?

To apply for Purple United Sales Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Purple United Sales Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Purple United Sales Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Purple United Sales Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Purple United Sales Limited IPO?

For Purple United Sales Limited IPO the allotment date is December 16, 2024. The allotment date of Purple United Sales Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Purple United Sales Limited IPO?

For Purple United Sales Limited IPO, the subscription opens on December 11, 2024 and closes on December 13, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
160.04x Oversubscribed