Purple United Sales IPO

Purple United Sales Ltd

₹1,21,000 /1000 sharesMinimum Investment

Purple United Sales IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
11 Dec ‘24 - 13 Dec ‘24₹1,21,0001,000₹121 - ₹126
Issue SizeIPO Doc
32.81Cr
RHP PDF

Subscription rate

As of 11 Dec'24, 06:00 PM
Qualified Institutional Buyers3.5030303030303x
Non-Institutional Investor4.31805929919137x
Retail Individual Investor11.0323325635104x
Total6.91894793344069x

About Purple United Sales

Purple United is a children’s fashion brand that offers products including apparel, footwear, and accessories for kids of all age groups. The company’s operations include designing, developing, sourcing, marketing, and selling products for infants (0–1 year), toddlers (2–6 years), and older children (7–14 years). The product lineup features t-shirts, shirts, jackets, sweaters, clothing sets, dungarees, rompers, partywear, dresses, denim, lowers, trousers, jeggings, skirts, and footwear, including shoes, ballerinas, slides, flip-flops, and sandals. Purple United also provides accessories like caps, sling bags, and socks, as well as essential hard goods such as strollers.;
Founded in
2014
Managing director
Mr. Jatinder Dev Seth
Parent organisation
Purple United Sales Ltd

Strengths & Financials of Purple United Sales

Strengths
Risks
Purple United claims to offer lab-tested products that are designed to be gentle on sensitive skin.
The company states that it has a strong distribution network that includes 17 exclusive brand outlets (EBOs), multiple shop-in-shop formats, and a decent online presence. Customers can shop through the official website, mobile app, and leading e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJIO, and others.
As of July 20, 2024, Purple United operates 17 EBOs under the “Purple United Kids” brand across five states and 10 cities in India. Additionally, it has 20 shop-in-shops and collaborates with 44 distributors across the country.
The brand’s portfolio in FY24 featured around 650 styles, including 400 in apparel and 250 in footwear.
The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 16.52 crore in FY22 to Rs 25.69 crore in FY23 to Rs 42.77 crore in FY24.

Purple United Sales Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Purple United Sales IPO

Apply asPrice bandApply upto
Regular121 - 126₹2 Lakh
High Networth Individual121 - 126₹2 - 5 Lakh
For Purple United Sales IPO, eligible investors can apply as Regular.
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