Purple United Sales Limited
Dec 11, 2024 - Dec 13, 2024
Purple United Sales Limited IPO Details
Status
listed
Issue Price
₹121.00 - ₹126.00
Lot Size
1000 Shares
Subscription
160.08 times
Listing Price
₹199 (57.94%)
Face Value
₹10 Per share
Issue Size
Approx ₹32.81 Cr
Fresh Issue
Approx ₹32.81 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
NSE SME
Registrar
Kfin Technologies Limited
NSE Code
PURPLEUTED
Documents Links
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹7.26
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
27.78%
Net Asset Value (NAV)
₹26.14
Promoters
Pre issue Share Holding
87.54%
Post issue Share Holding
-
Company Promoters
- MR. Jatinder Dev Seth
- MRS. Bhawana Seth
- Innovation Mobile
- Web Technologies Private Limited
- Manish Dev Seth
- Monica Seth
Lead Managers
Expert Global Consultants Private Limited
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Dec 11, 2024 | 3.5 | 4.37 | 11.28 | 7.58 |
| Dec 12, 2024 | 3.51 | 12.41 | 28.77 | 18.04 |
| Dec 13, 2024 | 86.3 | 269.7 | 155.29 | 160.08 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹126,000 |
| Retail (Max) | 1 | 1000 | ₹126,000 |
| HNI (Min) | 2 | 2,000 | ₹252,000 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 19.35% |
| Debt/Equity | 1.48 |
| RoNW | 27.78% |
| P/BV | 4.82 |
| PAT Margin (%) | 11.26 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 7,41,000 (28.46%) |
| Market Maker Shares Offered | 1,31,000 (5.03%) |
| QIB Shares Offered | 4,95,000 (19.01%) |
| NII (HNI) Shares Offered | 3,71,000 (14.25%) |
| Retail Shares Offered | 8,66,000 (33.26%) |
| Total Shares Offered | 26,04,000 (100%) |
Company Financial
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 4,913.96 | 3,250.92 | 2,278.96 |
| Revenue | 4,219.59 | 2,571.10 | 1,656.19 |
| Profit After Tax | 481.54 | 149.22 | 177.16 |
| Net Worth | 1,733.64 | 1,036.58 | 617.59 |
| Reserves and Surplus | 1,070.34 | 428.50 | 63.77 |
| Total Borrowing | 2,562.80 | 1,187.42 | 1,105.76 |
About Company
Purple United focuses exclusively on the Indian market. It has a broad distribution network with 17 exclusive retail outlets (EBOs), multiple shop-in-shop locations, and a strong online presence through its website, app, and popular platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, and AJIO.
The brand’s products include t-shirts, shirts, jackets, sweaters, dresses, rompers, denim, trousers, skirts, shoes, sandals, caps, tote bags, socks, and more. As of July 20, 2024, the company operates in 5 states and 10 cities with 17 EBOs, 20 shop-in-shops, and 44 retailers. By June 30, 2024, Purple United employed 161 full-time staff.
Competitive advantages:
1. Well-positioned to grow in the expanding children's market.
2. Wide range of high-quality, affordable products.
3. Strong design capabilities focused on fun, fashion, and functionality (3Fs) with control over distribution.
4. Experienced leadership team.
5. Strong financial performance.
Company Contact
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: mailto
Website: https://purpleunited.in/
Registrar Contact
kfin technologies limited
Phone: 04067162222, 04079611000
Email: pusl.ipo@kfintech.com