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TCS, HDFCBANK, SBI Liquid Fund (G)
Purple United Sales Ltd.

PURPLEUTED

Equity

NSE

Min. Investment

1,21,000.00

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IPO Details

Bidding Dates

11 Dec 24 - 13 Dec 24

Price Range ₹

121 - 126

Total Equity

23.47Cr

Lot Size

1000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

11 Dec 2024

Offer end

13 Dec 2024

Allotment

16 Dec 2024

Refund initiation

17 Dec 2024

Demat transfer

17 Dec 2024

Listing

18 Dec 2024

About Company

Founded in 2014, Purple United is a fashion brand specializing in clothing, footwear, and accessories for children of all ages. The brand's flagship line, "Purple United Kids," caters to children up to 14 years old, offering high-quality, lab-tested products crafted from premium materials in vibrant colors and versatile designs. The company designs, develops, sources, markets, and distributes a wide variety of apparel and footwear for infants (0–1 year), toddlers (2–6 years), and older children (7–14 years). Its product portfolio also includes accessories like strollers. Purple United primarily operates in India, managing 17 exclusive brand outlets (EBOs) across 10 cities in 5 states, along with 20 shop-in-shop locations in major retail chains. Their products are widely available online via their website, mobile app, and leading e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, and AJIO. The company also collaborates with 44 retailers nationwide. The product range includes t-shirts, shirts, jackets, sweaters, coordinated apparel sets, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, ballerinas, flip-flops, sandals, caps, tote bags, socks, and strollers, among others.

Year Founded

16-09-2014

Promotor Details

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage87.5463.82
Share Capital61330006133000

Offer to Public

18,63,000.00 Cr

Project Details

  • Working capital requirements - 180cr
  • Expenditure for opening new stores - 53.54cr
  • General corporate purposes - 55.761cr

Objectives

  • Expenditure for opening new storesWorking capital requirements
  • General corporate purposes

Highlights

  • Well-established omni-channel distribution network for seamless customer access.
  • Strong commitment to delivering top-tier quality in all products.
  • Adherence to strict safety standards ensuring consumer trust.
  • Rapid retail growth, expanding presence across the nation.
  • Distinctive portfolio of licensed products that enhances brand uniqueness.

Challenges

  • Legal or regulatory challenges could significantly impact operations.
  • Shifts in consumer preferences may affect demand and hinder growth.
  • Economic fluctuations could pose risks to business performance.
  • Heavy reliance on third-party manufacturing increases operational vulnerabilities.
  • Rising debt levels could threaten the company’s financial stability.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20233,215.34608.08177.16177.163.1989
20244,863.66663.30177.16177.163.1989
20222,206.62553.82149.22149.222.454
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