Check out the Purple United Sales IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Purple United Sales has started off strong. Stay tuned for the latest updates on Property Share REIT IPO GMP.
Purple United Sales IPO is set to open on December 11, 2024. The Purple United Sales IPO is a SME IPO. The Purple United Sales IPO Price band is fixed at ₹121 to ₹126 with a lot of 1000 shares.
About Purple United Sales IPO
Founded in 2014, Purple United Kids specializes in designing, sourcing, marketing, and selling premium-quality clothing, footwear, and accessories for children, including strollers. Renowned as a “premium fashion brand,” the company is committed to offering high-quality, lab-tested materials in its products.
Purple United Kids operates through an extensive network of mobile applications, websites, and leading e-commerce platforms such as Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJIO, and more. The company also boasts a portfolio of 17 exclusive brands, enhancing its reach and brand value.
Over the past three years, the company has witnessed significant growth, with revenue rising from ₹16.52 crores to ₹42.77 crores in FY 2024. Additionally, its net income increased from ₹1.77 crores in FY 2022 to ₹4.82 crores in FY 2024, reflecting its consistent financial performance.
Purple United Sales IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 17, 2024 | ₹ 80 (63.49%) |
| December 16, 2024 | ₹ 80 (63.49%) |
| December 15, 2024 | ₹ 72 (57.14%) |
| December 14, 2024 | ₹ 72 (57.14%) |
| December 13, 2024 | ₹ 55 (43.65%) |
| December 12, 2024 | ₹ 50 (39.68%) |
| December 11, 2024 | ₹ 50 (39.68%) |
| December 10, 2024 | ₹ 50 (39.68%) |
| December 9, 2024 | ₹ 20 (15.87%) |
| December 8, 2024 | ₹ 20 (15.87%) |
| December 7, 2024 | ₹ 20 (15.87%) |
| December 6, 2024 | ₹ 20 (15.87%) |
| December 5, 2024 | ₹ 20 (15.87%) |
Purple United Sales IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Purple United Sales Limited |
| Industry | Retail and Consumer Goods |
| IPO Issue Type | Book Built Issue |
| Open Date | December 11, 2024 |
| Close Date | December 13, 2024 |
| Total Issue Size | Approx ₹32.81 Crores |
| Fresh Issue | Approx ₹32.81 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹121 to ₹126 Per Share |
| Listing on | NSE SME |
| Lot Size | 1000 Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Purple United Sales IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 11, 2024 |
| IPO Close Date | December 13, 2024 |
| Basis of Allotment | December 16, 2024 |
| Refunds | December 17, 2024 |
| Credit to Demat Account | December 17, 2024 |
| IPO Listing Date | December 18, 2024 |
FAQs
What is the Current GMP for Purple United Sales IPO?
The Purple United Sales IPO GMP is ₹72 as of today.
What are the Expected Returns for Purple United Sales IPO?
The expected returns for Purple United Sales IPO are 57%.
Disclaimer:
- The IPO Grey Market Premium (Purple United Sales IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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