Purple Style Labs Limited IPO
ListedMainboardTrading
1.29×
Subscribed
Price band
₹575 – ₹575
Lot size
26
1 lot = ₹14,950
Issue size
₹680 Cr
Open – close
31 Aug 2026
to 02 Sept 2026
Listing
07 Sept 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens31 Aug 2026
- Closes02 Sept 2026
- Allotment03 Sept 2026
- Listing07 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB1.43x
Non-institutionalNII / HNI0.84x
Retail individualRII1.55x
Chance of allotment
Retail1.55× subscribed
~1 in 1.6
Minimum 1 lot · 26 shares · ₹14,950 blocked
Retail is 1.55× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 1.6 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII0.84× subscribed
Full allotment
Minimum 14 lots · 364 shares · ₹2,09,300 blocked
The HNI portion is under-subscribed at 0.84×, so applications should be allotted in full.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹575 – ₹575
Face value₹10
Lot size26shares
Minimum application₹14,950at cut-off
Total issue size₹680 Cr
Listing atMainboard
Company & valuation
ISININE0I1B01016
RegistrarKARVY
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.1%
Listed up
6 of 8
Best
+90.0%
Shanti Inorganics
Worst
-0.7%
Mopshop Distribution
Gaja Alternative Asset Management Limitedsame segment
31.2× sub+15.6%
Juniper Green Energy Limitedsame segment
7.9× sub+8.9%
131.8× sub+90.0%
1.6× sub+0.0%
-0.7%
138.6× sub+22.1%
1.5× sub+6.9%
46.2× sub+13.4%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Purple Style Labs Limited
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.
Founded 2015MD Abhishek AgarwalSector Trading
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Purple Style Labs Limited IPO subscribed?
Purple Style Labs Limited is subscribed 1.29× overall (QIB 1.43×, NII 0.84×, retail 1.55×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, KARVY.
What is the minimum investment in the Purple Style Labs Limited IPO?
One lot is 26 shares, so a retail application at the ₹575 cut-off price blocks ₹14,950. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Purple Style Labs Limited IPO?
The retail portion is subscribed 1.55×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 2. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Purple Style Labs Limited IPO allotment date?
Allotment is scheduled for 2026-09-03, with listing on 2026-09-07. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, KARVY.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.