Purple United Sales Ltd, a prominent player in India’s premium children’s fashion market, has quickly gained momentum following its successful IPO. Known for offering high-quality apparel, footwear, and accessories for children up to 14 years old, the company shows strong growth potential. In this blog, we’ll explore Purple United Sales share price target projections from 2025 to 2040, covering IPO details, company insights, financials, and peer comparison.
Purple United Sales Share Price
Purple United Sales Limited had a fantastic stock market debut on December 18, 2024. Its shares opened 58% higher than the IPO price, which was set between ₹121 and ₹126 per share. The IPO was a huge hit, getting 160 times more bids than the shares available during the bidding period from December 11 to December 13, 2024.
Purple United Sales IPO Details
| IPO Details | Information |
|---|---|
| Issue Size | ₹32.81 crore |
| Price Band | ₹121 to ₹126 per share |
| Lot Size | 1,000 shares |
| Subscription Period | Dec 11 to Dec 13, 2024 |
| Listing Date | Dec 18, 2024 (NSE Emerge) |
| Oversubscription Rate | 148.9 times |
The IPO received overwhelming demand, particularly from retail and institutional investors. The proceeds are allocated for store expansions, working capital needs, and general corporate purposes.
Purple United Sales Company Details
| Founded | 2014 |
|---|---|
| Founder | Mr. Jatinder Dev Seth |
| Headquarters | Noida, Uttar Pradesh |
| Industry | Retail Apparel & Fashion |
| Core Products | Kids’ apparel, footwear, and accessories |
Purple United Sales operates through a mix of exclusive brand outlets (EBOs), shop-in-shops, and a robust online presence on platforms like Myntra, Amazon, and Flipkart.
Purple United Sales Business Overview
| Category | Key Offerings |
|---|---|
| Apparel | Stylish and comfortable clothing for kids |
| Footwear | Shoes for various occasions |
| Accessories | Bags, strollers, and other items |
With a focus on quality, safety, and comfort, Purple United ensures all products are lab-tested and designed for sensitive skin. Its multi-channel strategy enables widespread reach across major cities.
Purple United Sales Financials
| Metric | FY23 (₹ Cr.) | FY24 (₹ Cr.) |
|---|---|---|
| Revenue | 25.7 | 42.9 |
| Profit After Tax | 1.5 | 4.8 |
| Revenue Growth | 67% | – |
The company demonstrated strong financial growth in FY24, with revenue surging by 67% and net profit tripling.
Purple United Sales Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | Majority |
| Institutional Investors | 12.45 |
| Public & Retail Investors | Remaining |
The promoter group holds a significant stake, reflecting long-term confidence in the company’s future growth.
Purple United Sales Share Price Target 2025 To 2040
Purple United Sales Share Price Target for each year from 2025 to 2040 is provided below with month-wise projections.
Purple United Sales Share Price Target 2025
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 150 | 130 |
| February | 155 | 135 |
| March | 160 | 140 |
| April | 165 | 145 |
| May | 170 | 150 |
| June | 175 | 155 |
| July | 180 | 160 |
| August | 185 | 165 |
| September | 190 | 170 |
| October | 195 | 175 |
| November | 200 | 180 |
| December | 210 | 190 |
Purple United Sales Share Price Target for 2025 indicates steady growth between ₹150 and ₹210 by year-end.
Purple United Sales Share Price Target 2026
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 220 | 190 |
| February | 230 | 200 |
| March | 240 | 210 |
| April | 250 | 220 |
| May | 260 | 230 |
| June | 270 | 240 |
| July | 280 | 250 |
| August | 290 | 260 |
| September | 300 | 270 |
| October | 310 | 280 |
| November | 320 | 290 |
| December | 330 | 300 |
The Purple United Sales Share Price Target for 2026 projects significant growth momentum, with prices expected to touch ₹330 by December.
Purple United Sales Share Price Target 2027
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 340 | 310 |
| February | 350 | 320 |
| March | 360 | 330 |
| April | 370 | 340 |
| May | 380 | 350 |
| June | 390 | 360 |
| July | 400 | 370 |
| August | 410 | 380 |
| September | 420 | 390 |
| October | 430 | 400 |
| November | 440 | 410 |
| December | 450 | 420 |
Purple United Sales Share Price Target 2028
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 460 | 430 |
| February | 470 | 440 |
| March | 480 | 450 |
| April | 490 | 460 |
| May | 500 | 470 |
| June | 520 | 480 |
| July | 540 | 490 |
| August | 560 | 500 |
| September | 580 | 520 |
| October | 600 | 540 |
| November | 620 | 550 |
| December | 640 | 560 |
Purple United Sales Share Price Target for 2028 reflects exponential growth, reaching between ₹560 and ₹640 by December.
Purple United Sales Share Price Target 2029
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 660 | 580 |
| February | 680 | 600 |
| March | 700 | 620 |
| April | 720 | 640 |
| May | 740 | 660 |
| June | 760 | 680 |
| July | 780 | 700 |
| August | 800 | 720 |
| September | 820 | 740 |
| October | 840 | 760 |
| November | 860 | 780 |
| December | 880 | 800 |
Purple United Sales Share Price Target 2030
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 900 | 820 |
| February | 920 | 840 |
| March | 950 | 860 |
| April | 980 | 880 |
| May | 1,000 | 900 |
| June | 1,050 | 920 |
| July | 1,100 | 950 |
| August | 1,150 | 980 |
| September | 1,200 | 1,000 |
| October | 1,250 | 1,050 |
| November | 1,300 | 1,100 |
| December | 1,350 | 1,150 |
Purple United Sales Share Price Target by 2030 shows impressive scaling, with estimates ranging from ₹1,150 to ₹1,350 by year-end.
Purple United Sales Share Price Target 2040
| Month | Bullish Price (₹) | Bearish Price (₹) |
|---|---|---|
| January | 3,000 | 2,500 |
| February | 3,100 | 2,600 |
| March | 3,200 | 2,700 |
| April | 3,300 | 2,800 |
| May | 3,400 | 2,900 |
| June | 3,500 | 3,000 |
| July | 3,600 | 3,100 |
| August | 3,700 | 3,200 |
| September | 3,800 | 3,300 |
| October | 3,900 | 3,400 |
| November | 4,000 | 3,500 |
| December | 4,200 | 3,600 |
By 2040, Purple United Sales Share Price Target projects strong long-term growth, reaching a potential high of ₹4,200.
Purple United Sales Peer Comparison
| Company | Revenue (₹ Cr.) | P/E Ratio | EPS (₹) | RoNW (%) |
|---|---|---|---|---|
| Purple United Sales | 42.9 | N/A | 7.84 | 27.78 |
| S.P. Apparels | 1,08,735.5 | 24.45 | 35.72 | 11.74 |
| Iris Clothing | 12,192.1 | 44.02 | 1.50 | 17.67 |
While Purple United Sales is smaller than competitors like S.P. Apparels, its strong revenue growth and high Return on Net Worth (RoNW) make it a rising contender in the premium kids’ fashion market.
FAQs
1. What is the Purple United Sales share price target for 2025?
The target ranges between ₹150 and ₹210 by December 2025.
2. How is Purple United Sales performing financially?
The company reported a revenue of ₹42.9 crore and a net profit of ₹4.8 crore in FY24, showcasing significant growth.
3. What is driving Purple United Sales’ growth?
Its multi-channel strategy, product quality, and planned store expansions are key growth drivers.
Final Words
Purple United Sales’ robust performance, strategic growth plans, and increasing demand for premium kids’ fashion make it a promising investment. The Purple United Sales share price target highlights a steady growth trajectory, providing an opportunity for long-term investors to benefit from its expanding market presence.
