| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹32.81 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹32.81 Cr |
| Fresh Issue | ₹31.16 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน121.00-126.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | PURPLEUTED |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2014, Purple United is a fashion brand that offers clothing, shoes, and accessories for children of all ages.
The company's flagship line, "Purple United Kids", accompanies children up to the age of 14 and offers laboratory-tested products made of high-quality materials in bright colours and designs for every occasion. The company designs, develops, sources, markets and distributes clothing and footwear for infants (0 to 1 year), toddlers (2 to 6 years) and older children (7 to 14 years). The company offers a wide range of accessories and hardware, such as strollers.
The company operates mainly in India, with 17 exclusive stores (called EBOs) in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids products are also available online through their website, mobile app, and big e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and more. Additionally, the company works with 44 retailers across the country.
The company's product range includes t-shirts, shirts, jackets, sweaters, apparel sets, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, ballerinas, mules, moulds, flipflops, sandals, caps, tote bags, socks and strollers among others.
As of June 30, 2024, the company had 161 employees, all of whom were employed on a full-time basis.
Its competitive strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Expenditure for opening new stores | 18.00 |
| 2 | Working capital requirements; | 5.35 |
| 3 | General corporate purposes; | 5.58 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 70.34 | 49.14 | 32.51 | 22.79 |
| Total Income | 30.52 | 42.92 | 25.71 | 16.56 |
| Profit After Tax | 3.29 | 4.82 | 1.49 | 1.77 |
| NET Worth | 23.69 | 17.34 | 10.37 | 6.18 |
| Reserves and Surplus | 16.68 | 10.70 | 4.29 | 0.64 |
| Total Borrowing | 33.67 | 25.63 | 11.87 | 11.06 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 19.35% |
| Debt / Equity | 1.48% |
| RoNW | 27.78% |
| PAT Margin | 11.26% |
| Price to Book Value | 4.82 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.87 | 6.85 |
| P/E (x) | 18.33 | 18.39 |
| Promoter Holding | 87.54% | 63.82% |
| Market Cap | โน121.08 Cr. | |