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Objective of the Issue

The Company intend to utilize the Net Proceeds of the Issue to meet the following objectives:

  1. Expenditure for opening new stores.
  2. Working capital requirements.
  3. General corporate purposes.

IPO Details, Price, Market Lot

Purple United Sales SME IPO Details
IPO Open Date 11 December 2024
IPO Close Date 13 December 2024
IPO Issue Size 26,04,000 Shares (Aggregating up to ₹32.81 Cr)
Fresh Issue 26,04,000 Shares (Aggregating up to ₹32.81 Cr)
Offer for Sale NIL
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE SME
Purple United Sales SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹121 to ₹126 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Purple United Sales SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 1,000 Shares
Minimum Lot Size 1 Lot (1,000 Shares)
Minimum Amount (Cut-off price) ₹1,26,000
Maximum Lot Size 1 Lot (1,000 Shares)
Maximum Amount (Cut-off price) ₹1,26,000
Purple United Sales SME IPO Market Lot For HNI
No. of Shares Per Lot 1,000 Shares
Minimum Lot Size 2 Lots (2,000 Shares)
Minimum Amount (Cut-off price) ₹2,52,000

IPO Date, Listing Date, Allotment Date

Purple United Sales SME IPO Time Table (Tentative)
IPO Open Date 11 December 2024
IPO Close Date 13 December 2024
Basis of Allotment Date 16 December 2024
Initiation of Refunds 17 December 2024
Credit of Share to Demat Account 17 December 2024
IPO Listing Date 18 December 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
30 Sept. 2024 7,033.67 3,052.04 329.28 2,368.62 3,366.66
31 March 2024 4,913.96 4,291.59 481.54 1,733.64 2,562.80
31 March 2023 3,250.92 2,571.10 149.22 1,036.58 1,187.42
31 March 2022 2,278.96 1,656.19 177.16 617.59 1,105.76
Period Ended 30 Sept. 2024 31 March 2024 31 March 2023 31 March 2022
Assets 7,033.67 4,913.96 3,250.92 2,278.96
Revenue 3,052.04 4,291.59 2,571.10 1,656.19
P A T 329.28 481.54 149.22 177.16
Net Worth 2,368.62 1,733.64 1,036.58 617.59
Borrowings 3,366.66 2,562.80 1,187.42 1,105.76
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

MR. Jatinder Dev Seth, MRS. Bhawana Seth, Innovation Mobile, Web Technologies Private Limited, Manish Dev Seth and Monica Seth are the Promoters of the Company.

Pre Issue Promotor Holding 87.54%
Post Issue Promotor Holding 63.82%

Company Address

Purple United Sales Limited
Khasra No. 55/14 & 55/15, Near Rani Khera Road, Mundka, West Delhi, New Delhi, Delhi, India, 11004
Phone: +91 9667792635
Email: jdseth@purpleuni
Website: https://purpleunited.in/

IPO Registrar, Lead Manager, Prospectus

Purple United Sales SME IPO Prospectus
Purple United Sales SME IPO Registrar
Kfin Technologies Limited
Purple United Sales SME IPO Lead Manager
Expert Global Consultants Private Limited