{"id":227248,"date":"2026-09-02T11:35:45","date_gmt":"2026-09-02T06:05:45","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=227248"},"modified":"2026-09-02T11:35:47","modified_gmt":"2026-09-02T06:05:47","slug":"purple-style-labs-initial-public-offering-day-3-subscription-2-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/purple-style-labs-initial-public-offering-day-3-subscription-2-september-2026\/","title":{"rendered":"Purple Style Labs IPO Day 3: Subscription Closes Today, 2 September 2026"},"content":{"rendered":"
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Purple Style Labs IPO closes today, 2 Sep 2026, 5 PM. Overall subscribed near 0.28x so far. Retail leading at 0.39x, NII 0.04x, QIB near nil. Price band Rs 546-575.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Purple Style Labs IPO is on its third and final day of bidding on 2 September 2026, with the subscription window closing at 5 PM today. The Purple Style Labs IPO overall subscription stands at around 0.28 times so far, with retail investors leading at roughly 0.39 times their reserved portion while the NII and QIB categories remain thin at this stage. Since qualified institutional buyers typically place the bulk of their bids late on the closing day, the final subscription figure for the issue can move meaningfully in the last few hours. Investors should confirm the live numbers on NSE and BSE before the window shuts.<\/p>\n<\/div>\n

The issue has entered Day 3, the final day of its subscription window, which opened on 31 August 2026 and closes today, 2 September 2026. Purple Style Labs, which runs the multi brand luxury fashion platform Pernia’s Pop-Up Shop, is raising Rs 680 crore through the issue entirely via a fresh issue, with no offer for sale component. The issue is a mainboard, book built issue and will list on both NSE and BSE.<\/p>\n

Bidding for the issue started slowly, with Day 1 subscription at around 0.03 times overall and retail investors accounting for most of the early demand. The issue has picked up through Day 2 and into the closing session, though institutional participation remains the key variable to watch before the 5 PM cut off today.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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