
✓
Open
11 Dec 2024
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Close
13 Dec 2024
3
Allotment
—
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Listing
Wed, Dec 18, 2024
Price Band
₹121 to ₹126
Issue Size
26,04,000 shares (agg. up to ₹33 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Dec 18, 2024
Latest GMP
₹80
Est. Gain
63.49%
✦ AI Insight
GMP Trend
18-12-2024₹80Est. ₹206+63.49%
17-12-2024₹80Est. ₹206+63.49%
16-12-2024₹80Est. ₹206+63.49%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 111.98x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 70.34 | 49.14 | 32.51 | 22.79 |
| Total Income | 30.52 | 42.92 | 25.71 | 16.56 |
| Profit After Tax | 3.29 | 4.82 | 1.49 | 1.77 |
| NET Worth | 23.69 | 17.34 | 10.37 | 6.18 |
| Reserves and Surplus | 16.68 | 10.70 | 4.29 | 0.64 |
| Total Borrowing | 33.67 | 25.63 | 11.87 | 11.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SD Retail Ltd. | SME | ₹64.98 Cr | ₹131 | 23.73 | ₹150.90 | +15.19% | ₹90.00 (+0.00%) |
| Forcas Studio Ltd. | SME | ₹37.44 Cr | ₹80 | 90.09 | ₹144.40 | +80.50% | ₹141.80 (+4.30%) |
| Kizi Apparels Ltd. | SME | ₹5.58 Cr | ₹21 | 15.01 | ₹24.30 | +15.71% | ₹19.27 (-3.36%) |
| Signoria Creation Ltd. | SME | ₹9.28 Cr | ₹65 | 9.37 | ₹137.55 | +111.62% | ₹134.20 (-4.99%) |
| Saraswati Saree Depot Ltd. | Mainboard | ₹160.01 Cr | ₹160 | 17.94 | ₹203.70 | +27.31% | ₹53.62 (-0.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure for opening new stores | 18.00 |
| 2 | Working capital requirements; | 5.35 |
| 3 | General corporate purposes; | 5.58 |
About Purple United Sales IPO
Incorporated in 2014, Purple United is a fashion brand that offers clothing, shoes, and accessories for children of all ages. The company's flagship line, "Purple United Kids", accompanies children up to the age of 14 and offers laboratory-tested products made of high-quality materials in bright colours and designs for every occasion. The company designs, develops, sources, markets and distributes clothing and footwear for infants (0 to 1 year), toddlers (2 to 6 years) and older children (7 to 14 years). The company offers a wide range of accessories and hardware, such as strollers. The company operates mainly in India, with 17 exclusive stores (called EBOs) in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids products are also available online through their website, mobile app, and big e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and more. Additionally, the company works with 44 retailers across the country. The company's product range includes t-shirts, shirts, jackets, sweaters, apparel sets, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, balleri
Contact Details
Purple United Sales Ltd. AddressKhasra No.55/14 & 55/15Near Rani Khera RoadMundkaDelhi, New Delhi, 110041+91 9667792635jdseth@purpleuniVisit Website