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Purple United Sales Limited IPO

Purple United Sales Limited was a SME IPO in the Garments & Apparels sector, offered at ₹121–₹126 per share to raise ₹33 crore. It listed on 18 Dec 2024 at ₹199 and closed its first day at ₹209, a listing gain of +65.8% versus the ₹126 issue price. It now trades around ₹398 (+216.2% versus the issue price).

Frequently asked questions

What were the Purple United Sales Limited IPO listing gains?
Purple United Sales Limited listed on 18 Dec 2024 at ₹199, closing its first day at ₹209 — a listing gain of +65.8% versus the ₹126 issue price.
What was the price band and lot size of the Purple United Sales Limited IPO?
The price band was ₹121–₹126 per share, with a minimum lot of 1,000 shares (₹1,26,000 at the upper band).
Who were the registrar and lead manager for the Purple United Sales Limited IPO?
KFin Technologies Limited was the registrar, and Expert Global Consultants was the book-running lead manager.