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Purple Style Labs Ltd

Purple Style Labs Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹575
₹575
GMP (Grey Market)
+₹2
+0.35%
Est. Listing Price
₹577
Based on GMP
Min. Investment
₹14,950
1 lot × 26 shares
Subscribed
1.19x
Over-subscribed
IPO Details
Open Date
31 Aug 2026
Close Date
02 Sep 2026
Allotment
03 Sep 2026
Listing Date
07 Sep 2026
Exchange
NSE & BSE
Price Band
₹575
Listing Price
See chart
Allotment Status
Price Band
₹575
Per share
Face Value
₹10 per share
 
Lot Size
26 Shares
per lot
Issue Size
1,18,26,086 shares (agg. up to ₹680 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,950
1 lot
Pre-IPO Holding
6,82,35,000 shares
Promoters
Post-IPO Holding
8,06,89,212 shares
Promoters
P/E (Pre)
-13.75x
 
EPS (Pre)
₹-41.83
 
UPI Deadline
5:00 PM on 02 Sep 2026
Mandate
GMP
+₹2
+0.35% est.
Anchor AllotmentFri, 28 Aug 2026
Basis of AllotmentThu, 03 Sep 2026
Refund InitiationFri, 04 Sep 2026
Demat CreditFri, 04 Sep 2026
Listing DayMon, 07 Sep 2026
UPI Mandate Deadline5:00 PM on 02 Sep 2026
Sale TypeFresh capital only
Fresh Issue Shares1,18,26,086 shares (agg. up to ₹680 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Purple Style Labs Ltd IPO subscribed 1.19 times overall. Retail: 1.59x. QIB: 1.20x. NII: 0.87x. By 02 Sep 2026.
QIB
1.20x
Over
NII/HNI
0.87x
Retail
1.59x
Over
Total
1.19x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.20x
9,075,174
— ₹521.82
NII / HNI
0.87x
1,540,890
— ₹88.60
Retail
Over 1.59x
1,210,022
— ₹69.58
Total 1.19x
11,826,086
100% ₹680.00
IPO Shares Offered
Purple Style Labs Ltd IPO total issue size: ₹680.00 Cr. Retail: ₹69.58 Cr. QIB: ₹521.82 Cr. NII: ₹88.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 9,075,174 ₹521.82
76.74%
NII 1,540,890 ₹88.60
13.03%
Retail 1,210,022 ₹69.58
10.23%
Total 11,826,086 ₹680.00
100.00%
* Based on upper price band ₹575 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 1,540,890 1,210,022 2,750,912
Allotment price (₹) 575 575 575 575 575 575 575 575
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹69.58 ₹69.58
Times subscribed 1.20x — — — — 0.87x 1.59x 1.19x
Shares allotted — — — — — 1,540,890 1,210,022 2,750,912
No. of allottees — — — — — — — —
* Upper price band ₹575 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
26
Shares per Lot
Issue Price
₹575.00
Upper Band
Min Investment
₹14,950
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)252₹29,900
Retail (Max — 13 Lots)13338₹194,350
S-HNI (Min — 14 Lots)14364₹209,300
B-HNI (Min — 68 Lots)681,768₹1,016,600
* Issue Price ₹575 × Lot Size 26 shares
IPO Schedule
Anchor
28 Aug 2026
✓ Done
IPO Open
31 Aug 2026
✓ Done
IPO Close
02 Sep 2026
✓ Done
Allotment
03 Sep 2026
✓ Done
Refunds
04 Sep 2026
✓ Done
Demat Credit
04 Sep 2026
✓ Done
Listing Day
07 Sep 2026
✓ Done
Purple Style Labs Ltd — Live Price LIVE
₹575.00
INR · BSE
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Issue ₹575.00 GMP: +₹2 Live Price
About Purple Style Labs Ltd
Incorporated in August 2015, Purple Style Labs Limited is a multi-brand luxury omni-channel fashion platform operating under Pernia’s Pop-Up Shop (PPUS), offering a curated portfolio of luxury fashion products across womenswear, menswear, jewellery, accessories and kidswear, with a focus on wedding and occasion wear. The Company sources products from 1,109 active designer brands as of March 31, 2026, including Seema Gujral, Anushree Reddy, Amit Aggarwal and Rohit Gandhi & Rahul Khanna.The Company operates through an omni-channel business model comprising Experience Centers, its website, mobile application, telephonic and digital sales channels, events and exhibitions. As of March 31, 2026, it had 14 Experience Centers globally, including 12 in India and one each in London and New York. During Fiscal 2024–2026, the Company served more than 200,000 unique customers, while in Fiscal 2026 it recorded ₹7,215.62 million in Total PPUS GMV and an average order value of ₹75,504.88.The Company has established a strong international presence, serving customers across India, the US, UK, Middle East, Australia and other markets. Its platform provides customers access to curated Indian luxury fashion while enabling designer brands to reach a wider domestic and global customer base without establishing their own retail and distribution networks. The Company is led by Abhishek Agarwal, Promoter, Whole-Time Director and CEO, supported by an experienced management team and Board with expertise across retail, sales, marketing, product management, consultancy and finance. As of March 31, 2026, the Company had 1,266 permanent employees.Competitive StrengthsMulti-brand omni-channel luxury platform with a wide portfolio of products and strong designer relationships.Omni-channel business model focused on operational efficiency.Robust international presence.Strong customer retention and network effects supporting monetization.Experienced management team and Board.
Objects of the Issue
1
Investment in wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India
2
Funding towards sales and marketing expenses to be incurred by the Company
3
General Corporate Purposes
Purple Style Labs Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹510.0
31 Mar 2024
₹494.0
31 Mar 2025
₹567.1
31 Mar 2026
Profit After Tax (PAT)
-₹47.7
31 Mar 2024
-₹188.4
31 Mar 2025
-₹285.4
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 567.07 494.00 510.03
EBITDA 30.37 41.99 31.63
Profit After Tax (PAT) -285.40 -188.38 -47.71
Net Worth -52.28 117.50 39.51
Total Assets 829.60 497.05 458.39
Reserves & Surplus -116.40 118.01 39.34
Borrowings 371.40 112.79 116.33
EBITDA Margin (%) 5.44 — —
PAT Margin (%) -51.16 — —
RoCE
-23.56
PAT Margin
-51.16
EBITDA Margin
5.44
Issue Structure & Shareholding
Total Shares Offered1,18,26,087
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding6,82,35,000 shares
Post-Issue Promoter Holding8,06,89,212 shares
P/BV RatioN/A
RoEN/A
RoCE-23.56
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd
IIFL Capital Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Purple Style Labs Ltd IPO subscribed? ▲

Purple Style Labs Ltd IPO is subscribed 1.19 times by Sep 02, 2026. Retail: 1.59x. QIB: 1.20x. NII: 0.87x.

Investor CategorySubscription
Qualified Institutional (QIB)1.20x
Non Institutional (NII/HNI)0.87x
Retail Individual1.59x
Total Subscription1.19x
What is Purple Style Labs Ltd IPO retail subscription status? ▼

The Purple Style Labs Ltd IPO retail category is subscribed 1.59 times as of 02 Sep 2026. The retail portion is oversubscribed.

How to subscribe Purple Style Labs Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Aug 2026 and closes 02 Sep 2026. Min investment: ₹14,950 (1 lot = 26 shares). UPI mandate: 5:00 PM on 02 Sep 2026.

How many times Purple Style Labs Ltd IPO subscribed? ▼

The Purple Style Labs Ltd IPO subscribed 1.19x overall. QIB: 1.20x, NII: 0.87x, Retail: 1.59x. Applications: from NSE/BSE.

How to check Purple Style Labs Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Sep 2026. Refunds: on 04 Sep 2026.

When Purple Style Labs Ltd IPO will be listed? ▼

The Purple Style Labs Ltd IPO listing date is 07 Sep 2026, Monday. Listed on: NSE & BSE. Issue price: ₹575. Estimated listing: ₹577. GMP: +₹2.

When Purple Style Labs Ltd IPO close? ▼

The Purple Style Labs Ltd IPO closes on 02 Sep 2026, Wednesday. UPI mandate: 5:00 PM on 02 Sep 2026. Allotment: 03 Sep 2026. Listing: 07 Sep 2026.