Purple Style Labs Ltd IPO was priced at ₹546–₹575 per share with an issue size of ₹680 crore. The IPO opened on Aug 31, 2026 and closed on Sep 02, 2026, with a lot size of 26 shares and a minimum investment of ₹14,950.
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| Price Band | ₹546.00 - ₹575.00 per share |
| Lot Size | 26 shares |
| Min Investment | ₹14,950 |
| Total Issue Size | ₹680.00 crore |
| Shares Offered | 1,18,26,086 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Axis Capital Ltd., IIFL Capital Services Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹575 · lot size 26 shares · estimated listing price ₹570 (GMP −₹5)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,950 | ₹14,820 | −₹130 |
| Retail (Max) | 13 | 338 | ₹1,94,350 | ₹1,92,660 | −₹1,690 |
| S-HNI (Min) | 14 | 364 | ₹2,09,300 | ₹2,07,480 | −₹1,820 |
| S-HNI (UPI limit) | 33 | 858 | ₹4,93,350 | ₹4,89,060 | −₹4,290 |
| S-HNI (Max) | 66 | 1,716 | ₹9,86,700 | ₹9,78,120 | −₹8,580 |
| B-HNI (Min) | 67 | 1,742 | ₹10,01,650 | ₹9,92,940 | −₹8,710 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹567.07 Cr |
| Profit After Tax | ₹-285.40 Cr |
| Net Worth | ₹-52.28 Cr |
Promoters: Abhishek Agarwal
| Promoter Holding (Pre-Issue) | 26.34% |
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.
As of March 31, 2026, it had 14 Experience Centers globally, including 12 in India and one each in London and New York.
| Founded | 2015-08-01 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Fashion |
| Website | https://www.purplestylelabs.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
11 answers about Purple Style Labs Ltd IPO — dates, pricing, allotment and listing.
Purple Style Labs Ltd IPO is a bookbuilding ipo of ₹680 crore. The issue was priced at ₹546–₹575 per share, with a lot size of 26 shares. Bidding ran from Mon, 31 Aug 2026 to Wed, 02 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹546–₹575 per share.
One lot was 26 shares. Bids had to be placed in multiples of 26.
A retail investor needed at least ₹14,950 – one lot of 26 shares at ₹575, the upper end of the price band.
Purple Style Labs Ltd IPO opened on Mon, 31 Aug 2026 and closed on Wed, 02 Sep 2026.
Allotment was finalised on Thu, 03 Sep 2026.
Purple Style Labs Ltd shares were listed on Mon, 07 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards investment in wholly owned subsidiary, psl retail for expenditure towards lease liabilities of experience centers, and back-end offices in india, funding towards sales and marketing expenses to be incurred by the company and general corporate purposes.
Axis Capital Ltd. and IIFL Capital Services Ltd. are the book running lead managers. Kfin Technologies Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Purple Style Labs Ltd IPO subscription page, and on the BSE and NSE websites.
From Thu, 03 Sep 2026, check the Purple Style Labs Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.