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Purple United Sales IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Textiles sector. Expert Global Consultants is the merchant banker of Purple United Sales IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th August 2024.
Purple United Sales IPO open date is 11th December 2024 and close date is 13th December 2024. IPO Allotment Date is 16th December 2024 and Listing date is 18th December 2024.
IPO
Size:
₹ 32.81 Cr.
Avg IPO Size (Sector Based)
: ₹
14.53 cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
61.04
cr. 
PE
Ratio:
18.39x
Average Sector PE Ratio: 19.35x
Purple United Sales IPO size is ₹ 32.81 Cr. with IPO price of ₹ 126.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Purple United Sales IPO. Kfin Technologies Limited is the Registrar and Market Maker is Prabhat Financial Services Limited for Purple United Sales IPO.
Purple United Sales IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Pine OAK Global | 318,000.00 | ₹ 126.00 | ₹ 40,068,000.00 |
| Meru Investment Fund | 103,000.00 | ₹ 126.00 | ₹ 12,978,000.00 |
| Aarth AIF | 80,000.00 | ₹ 126.00 | ₹ 10,080,000.00 |
| Shine star build | 80,000.00 | ₹ 126.00 | ₹ 10,080,000.00 |
| Vikasa India EIF | 80,000.00 | ₹ 126.00 | ₹ 10,080,000.00 |
| SMC India Opportunities | 80,000.00 | ₹ 126.00 | ₹ 10,080,000.00 |
Purple United Sales IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Purple United Sales IPO, based in New Delhi, operates in the Textiles sector with a focus on premium brand children fashion wears. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Purple United Sales IPO size is ₹ 32.81 Cr. with fresh issue size of ₹ 32.81 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Purple United Sales IPO is expected to be 16th December 2024, after the finalization of basis of allotment. Investors can check Purple United Sales IPO allotment status on the registrars website, Kfin Technologies Limited. Purple United Sales IPO refund dates are 17th December 2024.
Purple United Sales IPO is expected to be listed on 18th December 2024.
The upper price band for the Purple United Sales IPO is set at ₹ 126.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Purple United Sales IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Purple United Sales IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th December 2024. After submission, funds are blocked until the basis of allotment of Purple United Sales IPO is finalised.
The merchant banker for Purple United Sales IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Purple United Sales IPO RHP for further details.
The registrar for Purple United Sales IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Purple United Sales IPO through their official website or helpline.
Purple United Sales IPO was subscribed 160.08 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 32.81 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.53 Cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 61.00 cr.
PE
Ratio:
18.39x
Average Sector PE Ratio: 19.35x
Purple United Sales IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Purple United Sales Financial Review Page
Merchant Banker(s) of Purple United Sales IPO: Expert Global Consultants Private Limited
Purple United Sales IPO subscription was 160.08 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Purple United Sales IPO listed at a listing price of 208.95 against the offer price of 126.00.
The current market price of Purple United Sales is 213.75.
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