Purple United Sales SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Explore Purple United Sales IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

Image
Status
Listed
Biding Dates
11 Dec - 13 Dec 2024
Price Range
₹121 - ₹126
Min Investment
1,26,000
Lot Size
1000 shares
Issue Size
₹32.81 crore
Listed Price
₹19957.94%

Overview

Purple United Sales Limited is a premium fashion and lifestyle brand specializing in high-quality, versatile apparel, footwear, and accessories for children aged 0 to 14 years. Founded in 2014, Purple United has positioned itself as a leading name in India’s kids' wear segment. With a strong focus on innovation, sustainability, and the "3Fs"—Fun, Fashion, and Functionality—Purple United delivers a diverse product portfolio, including clothing, footwear, and hard goods like strollers. The company operates an extensive omni-channel distribution network, including 24 exclusive brand outlets (EBOs), shop-in-shops, a robust e-commerce presence, and partnerships with major retailers and marketplaces like Amazon, Flipkart, Myntra, and Reliance Centro.

Key Points:

  • Product Range: Offers a wide array of apparel, footwear, and accessories for children aged 0 to 14, including T-shirts, partywear, jackets, sandals, strollers, and more.
  • Exclusive Brand Outlets (EBOs): Operates 24 EBOs across 8 states and 17 cities in India, under the flagship brand "Purple United Kids."
  • Strong E-commerce Presence: Products available on leading marketplaces (Amazon, Flipkart, Myntra, FirstCry, AJIO, etc.) and the company’s own website, ensuring accessibility and convenience.
  • Brand Collaborations: Holds licensing agreements with global brands like Disney and Mattel for kids' footwear, adding to the brand’s appeal.
  • Omni-Channel Approach: Combines physical retail, online platforms, and shop-in-shops at major outlets such as Reliance Centro and V-Retail for maximum reach.
  • Commitment to Quality and Safety: All products are lab-tested to ensure they are gentle on delicate skin, made from premium materials, and designed for both functionality and style.

IPO Docs

Objects of the Issue

  • Expenditure for opening new stores
  • Working capital requirements;
  • General corporate purposes;

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates11 Dec - 13 Dec 2024
IPO Price Band₹121 - ₹126 per share
Fresh Issue26,04,000 shares
Offer For SaleNIL
Total IPO Size₹32.81 crore
Face Value₹10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date11 Dec 2024
IPO Closing Date13 Dec 2024
Basis Of Allotment16 Dec 2024
Refunds17 Dec 2024
Demat Transfer17 Dec 2024
IPO Listing Date18 Dec 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024Sep 2024
Total Income16.5625.7142.9230.52
Total Expenses15.3923.6236.9526.23
Net Profit/Loss1.771.494.823.29
NPM (*)10.725.8111.2610.80
Total Assets22.7932.5149.1470.34
Total Liabilities16.6122.1431.8046.65

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024Sep 2024
EPS3.202.457.844.77
ROE (%)29142814
ROCE (%)12.8716.1419.3511.12
D/E Ratio1.791.151.481.42
Current Ratio2.621.982.081.85
EBITDA MARGIN (%)14.5415.0123.0823.38

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Purple United Sales Limited42.7716.077.8427.7826.14
S.P. Apparels Limited1,087.3624.4535.7211.74304.32
Iris Clothing Limited121.9244.021.5017.678.48
Karnika Industries Limited127.2736.448.1519.0342.83

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)86.3
Non-Institutional Investor (NII/HNI)269.7
Retail Individual Investor (RII)155.29
Total160.08

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

KFin Technologies Limited
Phone
: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Company Promoters

  • MR. JATINDER DEV SETH
  • MRS. BHAWNA SETH
  • MR. MANISH DEV SETH
  • MRS. MONICA SETH
  • INNOVATIONM MOBILE
  • WEB TECHNOLOGIES PRIVATE LIMITED

Lead Managers

  • EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED

Company Address

Purple United Sales Limited

Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, New Delhi, Delhi, India, 110041

Phone: +91 9667792635 / 36

Email: cs@purpleunited.in

Website: www.purpleunited.in

FAQs

  • What is the issue size of the Purple United Sales SME IPO?
    The Purple United Sales SME IPO has an issue size of ₹32.81 crore. This includes a fresh issue of 26,04,000 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Purple United Sales IPO?
    The price band for the Purple United Sales IPO is ₹121 - ₹126 per share.
  • What are the bidding dates for the Purple United Sales IPO?
    The Purple United Sales IPO will open for bidding on 11 Dec 2024 and close on 13 Dec 2024.
  • What is the allotment date for the Purple United Sales IPO?
    The allotment date for the Purple United Sales IPO is 16 Dec 2024.
  • What is the minimum lot size and investment required for the Purple United Sales IPO?
    The minimum lot size for the Purple United Sales IPO is 1000 shares and the minimum investment required is ₹1,26,000.
  • What is the listing date for the Purple United Sales IPO?
    The listing date for the Purple United Sales IPO is 18 Dec 2024.
  • What is the Purple United Sales IPO grey market premium?
    The grey market premium (GMP) for the Purple United Sales IPO is currently at ₹80, with an expected listing gain of approximately 63.49%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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