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Purple United Sales IPO opens with 79% GMP; Check other key details here

Business Standard LogoBusiness Standard1d ago

Purple United Sales IPO opens with 79% GMP; Check other key details here - Business Standard

Quick Summary:

Purple United Sales IPO is a book-built issue of Rs 32.

The company's shares were quoted at Rs 170, reflecting a grey market premium (GMP) of Rs 75, or 78.95 per cent against the upper end of the IPO price band, revealed sources tracking unofficial markets.

Purple United operates mainly in India with 17 exclusive stores and 20 shop-in-shop locations.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 10:19:38 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24346942

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 353 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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