Purple Style Labs
07 Sep '26MAINBOARD
Min. Investment
₹14,196
Issue size
₹680 Cr
GMP
Locked
Overall subscription: 0.08x
Expert verdict
IPO dates
31 Aug
Opening
02 Sep
Closing
03 Sep
Allotment
07 Sep
Listing
*Refunds will be initiated on 04 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,950 |
| HNI (Min) | 14 | 364 | ₹2,09,300 |
Subscription (as on 31 August 2026, 05:30 PM)
Overall0.08x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2015|MD: Mr Hrishikesh Bhalchandra Parandekar
- Purple Style Labs Limited is a multi-brand luxury fashion platform serving customers in India and international markets through online and physical channels. Its product categories include womenswear, menswear, jewellery, accessories, and kidswear, with a focus on wedding and occasion wear.
- As of March 31, 2026, the platform offered products from 1,109 active designer brands. Customers can purchase products through the company’s website, mobile application, telephonic and digital sales channels, experience centres, and events and exhibitions. The company operates 14 experience centres globally, including 12 in India, one in London and one in New York.
- Its Indian experience centres are located in Mumbai, Delhi, Bengaluru, Chennai, Kolkata, Ahmedabad, Indore, Hyderabad, and Surat. The company also operates large format experience centres ranging from 20,000 to 60,000 square feet in built-up area in Mumbai, Delhi, and New York. Pernia’s Pop-Up Shop acquired its website and related business assets and intellectual property in February 2018.
Issue Details & Objective
Lot size
26 Shares
Price band
₹546 to 575
Face value
₹10 per share
Financials
IPO reservation
QIB - 54.55%
HNI - 27.27%
Retail - 18.18%
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Purple Style Labs IPO is ₹680 Cr
The Purple Style Labs IPO will be open for applications from 31 Aug '26 to 02 Sep '26
The lot size of Purple Style Labs IPO is 26 Shares and its minimum investment amount is ₹14,196.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Purple Style Labs IPO is null
