Purple United Sales IPO offers 26,04,000 shares worth ₹32.81 Cr to fund new store openings, working capital, and general corporate purposes.
Open Date : December 11, 2024 Close Date :December 13, 2024 Allotment Date: December 16, 2024 Listing Date: December 18, 2024
IPO Price: INR 121-126 per share Lot Size: 1000 Shares Total Issue Size: INR 32.81 crores
Purple United Sales IPO shows mixed performance: 1. Revenue: Consistent growth. 2. Profitability & EPS: Improved. 3. RoNW: Decreased. 4. Liquidity: Challenging. 5. Inventory Turnover: Low.
Purple United Sales IPO Comparison: 1. Purple United Sales: Competitive financial profile, unique market position. 2. S.P. Apparels, Iris Clothing, Karnika Industries: Varied scales, profitability, and valuations, reflecting diverse industry dynamics.
1. Objective: Fund new store openings and meet working capital needs. 2. Focus: Ensure sustainable growth and improve operational efficiency.
Purple United Sales IPO Risks: 1. Risks: Dependence on NCR revenue, expansion delays, cost overruns. 2. Challenges: Regulatory issues, reliance on working capital. 3. Impact: Affects operations, financial stability, and growth.