Purple United Sales Ltd
Price Range
₹121 - ₹126
Min. Quantity
1,000
Closes on
13 December 2024
Min. investment
₹1,26,000/1,000 Shares
Purple United Sales Ltd IPO Timeline
Purple United Sales Limited was originally incorporated as Purple United Sales Private Limited' vide Certificate of Incorporation dated September 16, 2014 issued by Registrar of Companies, Delhi. Subsequently, Company was converted into a Public Limited Company and the name of the Company was changed to Purple United Sales Limited' vide fresh Certificate of Incorporation dated June 20, 2024 by Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Purple United Sales Ltd IPO Opening Date | 11 December 2024 |
| Purple United Sales Ltd IPO Closing Date | 13 December 2024 |
| Basis of Allotment | 16 December 2024 |
| Initiation of Refunds | 17 December 2024 |
| Credit of Shares to Demat | 17 December 2024 |
| Purple United Sales Ltd IPO Listing Date | 18 December 2024 |
Purple United Sales Ltd IPO Details
| Purple United Sales Ltd IPO Date | 11 December 2024 to 13 December 2024 |
| Purple United Sales Ltd IPO Face Value | ₹10 per share |
| Purple United Sales Ltd IPO Price | ₹121 to ₹126 per share |
| Purple United Sales Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹32.81 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹32.81 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 4,95,000 of the Net Offer |
| Retail Shares Offered | Not less than 8,66,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 3,71,000 of the Net Offer |
| Company Promoters | Jatinder Dev Seth, Bhawna Seth, Innovationm Mobile & Web Techn |
Purple United Sales Ltd IPO Lot Size
The Purple United Sales Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,26,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,26,000 |
| Maximum | 1 | 1,000 | ₹1,26,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters having deep domain knowledge to scale up the business.
- Diversified Clientele.
- Management team having established track records.
- Established track record of successfully opening retail stores.
- Efficient business model with track record of delivering financial growth.
- Focus on design-led product innovation.
Company Financials
Purple United Sales Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 49.14 | 42.92 | 4.82 |
| 03-2023 | 32.51 | 25.71 | 1.49 |
| 03-2022 | 22.79 | 16.56 | 1.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expenditure for opening new stores
- Working capital requirements
- General corporate purposes
Purple United Sales Ltd IPO Promoter Holding
| Pre Issue Share Holding | 57.1% |
| Post Issue Share Holding | 41.62% |
Purple United Sales Ltd IPO Subscription Status (Bidding Detail)
The Purple United Sales Ltd IPO is subscribed 148.8953 times on 13 December 2024 05:00:00 PM. The public issue subscribed 155.2933 times in the retail category, 86.303 times in the QIB category, and 270.0485 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 86.303 | 270.0485 | 155.2933 | - | 148.8953 |
Purple United Sales Ltd IPO Prospectus
Purple United Sales Ltd IPO Listing Date
| Listing Date | 18 December 2024 |
| BSE Script | 93633 |
| NSE Symbol | PURPLEUTED |
| Listing In | NSE - SME |
| ISIN | INE0P5R01014 |
| IPO Price | ₹126 |
| Face Value | ₹10 |
Company Contact Information
Khasra No.55/14 & 55/15Near.Rani Khera Rd Mundka,New Delhi-110041
Phone: +91 96677 92635/36
Email: cs@purpleunited.in
Website: www.purpleunited.in
Purple United Sales Ltd IPO Registrar
Purple United Sales Ltd IPO Lead Manager(s)
- Expert Global Consultants Pvt Ltd
FAQ
What is the issue size of Purple United Sales Ltd IPO?
I have pre-applied for Purple United Sales Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.