7 Things you should know about Purple United Sales IPO:

Purple United Sales IPO
  1. Price-

Purple United Sales IPO price band set between Rs. 121 to Rs. 126 per equity shares with a face value of Rs. 10.

2. Schedule-

The IPO bid is scheduled from Wednesday, Dec 11 to Friday, Dec 13, 2024.

3. Issue size-

The IPO is a book built issue of Rs. 32.81 crores. The IPO is entirely fresh issue of 26.04 lakh shares.

4. Bid Size-

The minimum order quantity to subscribe the IPO is 1,000 equity shares, aggregating to Rs. 1,26,000.

5. Object of the Issue-

  • Expenditure for opening new stores
  • Working capital requirements
  • General Corporate purposes.

6. GMP-

Purple United Sales SME IPO GMP is Rs. 20. The IPO will estimated list on Rs. 146.

7. Financials-

As per FY 2024, the Company had sales of 43.91 crores with a net profit of Rs. 4.81 crores

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