What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Purple United Sales Limited IPO?

Purple United Sales Limited IPO has received a total subscription of 148.90 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Purple United Sales Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2014, Purple United is a leading fashion brand specializing in clothing, footwear, and accessories for children across all age groups. Its flagship line, "Purple United Kids," caters to infants (0–1 year), toddlers (2–6 years), and older children (7–14 years), offering high-quality, laboratory-tested products in vibrant designs suitable for every occasion. The product portfolio spans t-shirts, jackets, dresses, trousers, footwear, strollers, and more. Operating primarily in India, Purple United runs 17 exclusive brand outlets (EBOs) across 10 cities in 5 states and maintains 20 shop-in-shop locations within prominent retail chains. Its products are also widely available online via its website, mobile app, and major e-commerce platforms like Myntra, Amazon, Flipkart, and FirstCry, while partnering with 44 retailers nationwide. With a dedicated team of 161 full-time employees as of June 30, 2024, the company continues to innovate and expand its reach in the children’s fashion segment.

Price Band

₹121 – ₹126

Issue Size

₹32.81 Cr

Lot Size

1000 shares

GMP

₹80

+63.5%

Est. Listing

₹206

at current GMP

Subscribed

148.90x

overall

Open

11 Dec 2024

13 Dec 2024

Allotment

16 Dec 2024

Refund

17 Dec 2024

Demat Credit

18 Dec 2024

Listing

18 Dec 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

148.90x

Total Demand

QIB Multiplier

86.30x

Institutions & Funds

NII / HNI

270.05x

High Net-Worth

Retail (RII)

155.29x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 148.90x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	495,000	42,720,000	86.30x
NIB	371,000	100,188,000	270.05x
RETAIL	866,000	134,484,000	155.29x
Total	1,732,000	277,392,000	148.90x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	52	0.00x
NIB	—	8,042	0.00x
RETAIL	—	134,484	0.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Purple United Sales Limited Public Issue & Market Profile

Purple United Sales Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹32.81 Crores. The shares are offered at a price band of ₹121 to ₹126 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-12-13, the basis of allotment is scheduled to be finalized on 2024-12-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Mr. M Murali Krishna) or the BSE allotment checking window.

Frequently Asked Questions

What is Purple United Sales Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Purple United Sales Limited IPO is ₹80 per equity share. Based on the upper price band of ₹121 to ₹126 per equity share, the estimated listing price is ₹206 (+63.5% expected listing gain).

What is the expected profit per lot for Purple United Sales Limited IPO?

With a lot size of 1000 shares and current GMP of ₹80, the expected profit per application lot is approx ₹80,000 (+63.5% gain). Minimum application cost is approx ₹1,26,000.

What is the issue size and price band for Purple United Sales Limited IPO?

The Purple United Sales Limited IPO aggregate issue size is ₹32.81 Crores with an equity price band set at ₹121 to ₹126 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,26,000.

How can I check Purple United Sales Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 148.90x (Retail: 155.29x, QIB: 86.30x, NII: 270.05x). You can track live multiples directly on our dedicated subscription page.

Where and when will Purple United Sales Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Mr. M Murali Krishna) and the BSE status verification website on or around 2024-12-16. Investors can verify status using PAN card or application number.

When is the listing date for Purple United Sales Limited IPO?

Purple United Sales Limited shares are scheduled to list on NSE on 2024-12-18.