Purple United Sales
Listed
Listed
IPO Timeline
Issue open date
11 Dec 2024Issue close date
13 Dec 2024UPI mandate deadline
13 Dec 2024Allotment finalization
16 Dec 2024Refund initiation
17 Dec 2024Share credit
17 Dec 2024Listing date
18 Dec 2024Mandate end date
28 Dec 2024Lock-in end date for anchor investors (50%)
15 Jan 2025Lock-in end date for anchor investors (remaining)
16 Mar 2025Key Dates
Open
11 Dec 2024Close
13 Dec 2024Listing
18 Dec 2024Quick Stats
Issue Size:33cr
Lot Size:1000 shares
About the Company
Purple United, a premium kids’ fashion brand established in 2014, has grown into a leading name in high-quality apparel, footwear, and accessories for children up to 14 years old. With a strong emphasis on comfort, safety, and vibrant designs, the brand operates through 24 exclusive brand outlets, shop-in-shops, and a robust online presence across major platforms like Amazon, Flipkart, and Myntra. Purple United’s omni-channel strategy, licensing agreements with Disney and Mattel, and focus on the 3Fs—Fun, Fashion, and Functionality—position it as a pioneer in India’s growing kids’ wear market.
Strengths
- Strong omni-channel presence.
- Unique licensed product offerings.
- Premium quality and safety focus.
- Nationwide retail expansion.
Risks
- Dependency on outsourced manufacturing
- Rising debt levels could impact financial stability.
- Legal or regulatory issues may disrupt operations.
- Changes in consumer trends or economic conditions may affect growth.
Purple United Sales IPO – Frequently Asked Questions
- The price band for the Purple United Sales IPO is set at ₹121 to ₹126 per share.
- The Purple United Sales IPO opens on December 11, 2024 and closes on December 13, 2024.
- The tentative listing date for the Purple United Sales IPO is December 18, 2024.
- You can apply for the Purple United Sales IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Purple United Sales, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Purple United Sales IPO is 1000 shares. Investors must apply for at least one lot (i.e., 1000 shares).