Purple United Sales IPO: All You Need to Know
Purple United Sales Limited is launching its Initial Public Offering (IPO) to raise funds through a book-built issue. This article covers essential details about the Purple United Sales IPO, including its GMP, subscription status, price band, lot size, and listing information.
The IPO bidding will open on December 11, 2024, and close on December 13, 2024. Investors can expect the IPO allotment to be finalized by December 16, 2024, with the listing date scheduled for December 18, 2024, on the NSE SME platform.
Purple United Sales IPO Details
| IPO Date | December 11, 2024 to December 13, 2024 |
|---|---|
| Listing Date | December 18, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹126 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | – |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Purple United Sales IPO Lot Size
Investors can bid for a minimum of 1,000 shares and in multiples thereof. Below are the investment details for retail investors and HNI:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,000 | ₹126,000 |
| Retail (Max) | 1 | 1,000 | ₹126,000 |
| HNI (Min) | 2 | 2,000 | ₹252,000 |
Purple United Sales IPO Subscription Status
The Purple United Sales IPO witnessed strong investor interest across categories. Below are the subscription details as of Day 2:
| Investor Category | Subscription (Times) |
| QIB | 3.51 |
| NII (HNI) | 7.05 |
| Retail Investors | 17.94 |
| Total | 11.48 |
Day-wise Subscription (Tentative)
| Date | QIB | NII | Retail | Total |
| Day 1: Dec 11 | 3.50 | 4.37 | 11.28 | 7.58 |
| Day 2: Dec 12 | 3.51 | 7.05 | 17.94 | 11.48 |
Purple United Sales IPO Timeline
| Event | Date |
| IPO Open Date | December 11, 2024 |
| IPO Close Date | December 13, 2024 |
| Basis of Allotment Finalization | December 16, 2024 |
| Refunds Initiation | December 17, 2024 |
| Credit of Shares to Demat | December 17, 2024 |
| Listing Date | December 18, 2024 |
Purple United Sales IPO GMP Today
The Grey Market Premium (GMP) for the Purple United Sales IPO reflects investor sentiment and the potential listing gain. As of today, GMP updates show strong demand in the grey market. Keep checking Tap Invest for the latest Purple United Sales IPO GMP trends and updates.
Should You Invest in Purple United Sales IPO?
The Purple United Sales IPO has garnered significant interest due to strong subscription figures, particularly in the retail category. Investors should consider the company’s fundamentals, financials, and GMP trends before making an investment decision.
FAQs
1. What is the Purple United Sales IPO?
The Purple United Sales IPO is a book-built issue that opens on December 11, 2024, and lists on the NSE SME platform on December 18, 2024.
2. What is the Purple United Sales IPO price?
The IPO price is set at ₹126 per share.
3. What is the lot size for Purple United Sales IPO?
The minimum lot size for retail investors is 1,000 shares, amounting to ₹126,000.
4. What is the Purple United Sales IPO subscription status?
As of Day 2, the IPO has been subscribed 11.48 times, with 17.94 times in the retail category.
5. What is the GMP for Purple United Sales IPO today?
The GMP reflects the IPO’s demand in the grey market. Check Tap Invest for the latest GMP updates.
For the latest IPO updates, investment opportunities like bonds, asset leasing, and invoice discounting, visit Tap Invest. Stay informed and make smart investment decisions!
