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Purple Style Labs IPO logo

Purple Style Labs IPO

Mainboard • BSE, NSE

—
Listed at
535
6.96%

Purple Style Labs IPO is a Mainboard IPO. Issue size is ₹680 Cr. Price band is ₹546 to ₹575 per share. Minimum investment is ₹14,950. Lot size is 26 shares. Open from 31 Aug 2026 to 2 Sept 2026. on 3 Sept 2026. Listing on 7 Sept 2026 at BSE, NSE. Lead manager: Axis Capital Ltd.. Key details for GMP, subscription, price, , and listing in one place.

Official documents:RHP
IPO detailsSubscriptionAllotmentListingPriceReviewsNews

Purple Style Labs IPO overview

Purple Style Labs IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹546 to ₹575
Lot size
26 shares / lot
Min investment
₹14,950

Purple Style Labs IPO progress

Subscription, allotment, refund, share credit, and listing milestones.

Listed
  1. Issue opens

    Subscription opens

    31 Aug 2026

  2. Issue closes

    Last day to apply

    2 Sept 2026

  3. Allotment

    Allotment status out

    3 Sept 2026

  4. Refund / Share credit

    Refund initiated · Shares in demat

    4 Sept 2026

  5. Listing

    Trading begins

    7 Sept 2026

Purple Style Labs IPO lot size

CategoryLotsSharesAmountLoss @ listing
Retail (Min)126₹14,950-₹1,040
Retail (Max)13338₹1,94,350-₹13,520
S-HNI (Min)14364₹2,09,300-₹14,560
S-HNI (UPI)33858₹4,93,350-₹34,320
S-HNI (Max)661,716₹9,86,700-₹68,640
B-HNI (Min)671,742₹10,01,650-₹69,680
SHA (Max)13338₹1,94,350-₹13,520

Profit based on the official listing price for each investor category.

Cut‑off within the price band is set after book‑building when applicable. SME issues often require at least two lots; mainboard retail typically bids one lot at cut‑off.

About Purple Style Labs IPO

From the company / RHP narrative.

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 Strengths Multi-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.

Purple Style Labs IPO Issue Objective

How the issuer plans to use IPO proceeds.

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 General Corporate Purposes

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Documents & links

Prospectus, draft filings, and company site open in a new tab.

RHPCompany website

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
₹10 per share
Lead Managers(2)
  • Axis Capital Ltd.
  • IIFL Capital Services Ltd.
Min Quantity
26
Company Promoters
  • Abhishek Agarwal
Website
https://www.purplestylelabs.com/
Email
investor.relations@purplestylelabs.com
Phone
+91 22 5033 3600
Address
CTS No. 1081, Plot no. 110 TPS Village Service Road, Western Express Highway Vile Parle East Mumbai, Maharashtra, 400057

Registrar details

Details about the registrar of the issue.

Registrar Name
Kfin Technologies Limited
Email
reachus@kfintech.com
Phone
4067162222
Address
KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.
Website
https://kfintech.com/

Financial performance

Figures from the IPO financial table (₹ Cr). Switch metric to compare years.

Purple Style Labs IPO

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Purple Style Labs IPO Ratings & reviews

Community ratings and reviews — not financial advice.

No ratings yet — be the first to share your experience.

Allocation breakdown

Reserved portion of the issue by investor category (break data).

Loading chart…
  • QIB
    75%
  • NII
    15%
  • Retail
    10%

Purple Style Labs IPO FAQs

A quick overview of key terms, dates, and how to track this IPO.

What is Purple Style Labs IPO?

Purple Style Labs IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Purple Style Labs IPO?

The IPO price band of Purple Style Labs IPO is ₹₹546 to ₹575 per share, as mentioned in the issue details.

What is the minimum investment required for Purple Style Labs IPO?

The minimum investment in Purple Style Labs IPO is ₹14,950, based on the applicable lot size for retail investors.

What is the lot size of Purple Style Labs IPO?

The lot size of Purple Style Labs IPO is 26 shares per lot, and applications must be made in multiples of this lot size.

What are the opening and closing dates of Purple Style Labs IPO?

Purple Style Labs IPO opens on 31 Aug 2026 and closes on 2 Sept 2026, as per the announced schedule.

What is Purple Style Labs IPO subscription status?

Purple Style Labs IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.

What is Purple Style Labs IPO GMP today?

Purple Style Labs IPO GMP (Grey Market Premium) today is around ₹-10 Buyer, reflecting current grey market activity before listing.

Is Purple Style Labs IPO GMP positive or negative?

Purple Style Labs IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.

What does Purple Style Labs IPO GMP indicate for listing?

A positive Purple Style Labs IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.

When is Purple Style Labs IPO listing date?

The expected listing date of Purple Style Labs IPO is 7 Sept 2026, subject to completion of the process.

Where can I check Purple Style Labs IPO allotment status?

Purple Style Labs IPO status can be checked online once the process is completed using application or PAN details.

Can Purple Style Labs IPO subscription and GMP change before listing?

Yes, Purple Style Labs IPO subscription figures and GMP may change during the issue period and before listing based on market activity.