Shares of Purple Style Labs Ltd, a mainboard issuer on both BSE and NSE, opened for public subscription on 31 August 2026 at a price band of ₹546 to ₹575, with the issue set to close on 02 September 2026. With no anchor investor allotment reported, this IPO invites direct participation from retail investors entering the Indian market.
Purple Style Labs operates an omnichannel luxury fashion platform, bringing together Indian designer apparel, accessories, jewellery, menswear, womenswear and kids’ wear through both online channels and physical experience centres across India and abroad such as London and New York ([groww.in](https://groww.in/ipo/purple-style-labs-ipo?utm_source=openai)). This IPO marks a strategic moment for investors seeking exposure to India’s high-end retail and experiential fashion segment.
| Opens | 31 Aug 2026 |
| Closes | 02 Sep 2026 |
| Price Band | ₹546–₹575 |
| Lot Size | 26 shares |
No anchor investor allotment has been reported for this issue - this is typical for SME IPOs, which do not always carry an anchor round.
Follow live GMP and subscription numbers on the Purple Style Labs Ltd IPO page while the issue is open.