Purple Style Labs
· Mainboard · NSE, BSE
Price Band
₹546–575
Lot Size
26 shares
Issue Size
₹680 Cr
Min. Investment
₹14,950
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹565 — arithmetic, not a forecast
Subscription Status
Purple Style LabsIPO: Overview & Key Facts
Purple Style Labs IPO is a Mainboard issue that listed on NSE, BSE on 7 September 2026. The price band is ₹546–₹575 per equity share, with a market lot of 26 shares. The total issue size is ₹680 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (26 shares), amounting to ₹14,950.
Purple Style Labs IPO GMP & Listing
The last grey market discount (GMP) reported for Purple Style Labs IPO before listing was ₹10, about 1.74% under the upper price band of ₹575, and informal quotes had eased over the sessions we recorded. The shares opened at ₹535 on listing day, 7% below the issue price of ₹575. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Purple Style LabsIPO Subscription Status & Demand Analysis
On the latest figures we have, Purple Style Labs IPO was subscribed 1.36x overall — with QIB at 1.5x, NII at 0.88x, bNII at 1.06x, sNII at 0.53x, Retail at 1.64x, from about 63,562 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Purple Style Labs IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 3 September 2026 and the shares listed on 7 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹575
Listed At
₹535
Current Price
₹568.55
Issue Objectives
- 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
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 88,69,566 | 75% |
| − Anchor Investor | 53,21,739 | 45% |
| − QIB (Ex. Anchor) | 35,47,827 | 30% |
| NII (HNI) | 17,73,912 | 15% |
| − bNII > ₹10L | 11,82,608 | 10% |
| − sNII < ₹10L | 5,91,304 | 5% |
| Retail | 11,82,608 | 10% |
- QIB39.5%
- − Anchor Investor23.7%
- − QIB (Ex. Anchor)15.8%
- NII (HNI)7.9%
- − bNII > ₹10L5.3%
- − sNII < ₹10L2.6%
- Retail5.3%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,950 |
| Retail (Max) | 13 | 338 | ₹1,94,350 |
| S-HNI (Min) | 14 | 364 | ₹2,09,300 |
| S-HNI (Max) | 66 | 1716 | ₹9,86,700 |
| B-HNI (Min) | 67 | 1742 | ₹10,01,650 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
-41.83
EPS (Post IPO)
-ve
P/E (Pre IPO)
-13.75
P/E (Post IPO)
-ve
Market Cap
₹3,923.51 Cr.
Contact Details
Purple Style Labs Ltd. Address
- +91 22 5033 3600
- investor.relations@purplestylelabs.com
- https://www.purplestylelabs.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 31 Aug 2026
- Close Date
- 02 Sept 2026
- Basis of Allotment
- 03 Sept 2026
- Listing Date
- 07 Sept 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE, BSE