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Purple United Sales IPO: Check GMP, Price Band, Allotment Dates Here

Purple United Sales Limited IPO offers shares at ₹121 to ₹126, with ₹20 Grey Market Premium. Available in 1000 share lots, the subscription runs from December 11 to December 13, 2024.
Purple United Sales Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!
Purple United Sales Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!
IPO NameOpen DateClose DateListing DateAllotment StatusMainboard/SME
Purple United Sales Limited IPODec 11, 2024Dec 13, 2024Dec 18, 2024Dec 16, 2024SME

Purple United Sales Limited IPO has ₹20 Grey Market Premium as of December 10, 2024, with a price range of ₹121 to ₹126 per share. Offering lots of 1000 shares, the subscription window is open from December 11 to December 13, 2024. 

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Purple United Sales Limited IPO GMP Today

The Grey Market Premium (GMP) for Purple United Sales Limited is ₹20 as of December 10, 2024. This assessment coincides with a price of ₹121 to ₹126 per share for the IPO.

Purple United Sales Limited IPO Review

Purple United Sales Limited has shown consistent revenue growth, from ₹1,651.89 lakhs in March 2022 to ₹2,569.45 lakhs in March 2023, reaching ₹3,050.10 lakhs by September 2024. Profitability has also improved, with PAT increasing to ₹329.28 lakhs, and EPS growing from ₹3.20 to ₹4.77, reflecting robust earnings growth.

However, the company faces challenges, such as a reduced Return on Net Worth from 28.69% to 13.90%, and a declining current ratio, signaling weaker liquidity. Additionally, a significant drop in the inventory turnover ratio indicates potential issues in sales efficiency or inventory management.

To get a full IPO review, click here Purple United Sales IPO

Purple United Sales Limited IPO Date

Purple United Sales Limited will start accepting subscriptions from December 11 to December 13, 2024.

Purple United Sales Limited IPO Price

Purple United Sales Limited’s price range is at ₹121 to ₹126 per share with a face value of ₹10 each.

Purple United Sales Limited

Purple United Sales Limited specializes in premium, lab-tested kids’ apparel, footwear, and accessories, focusing on comfort, safety, and sustainability. Serving infants to 14-year-olds across India, it operates through 24 EBOs, 14 shop-in-shops, distributors, and an expanding online presence, delivering innovative and stylish products via a robust omnichannel network. The company aims to meet the dynamic needs of the high-frequency Indian retail market.

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How To Apply For Purple United Sales Limited IPO?

To apply for the Purple United Sales Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Purple United Sales Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Purple United Sales Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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