Purple Style Labs IPO Details
| IPO Open Date | August 31, 2026 |
| IPO Close Date | September 2, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹546 to ā¹575 Per Share |
| Issue Size | Approx ā¹680 Crores |
| Fresh Issue | Approx ā¹680 Crores |
| Issue Type | Book-build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Purple Style Labs IPO Review & Key Points
- Review: Neutral
Purple Style Labs IPO Market Lot
The Purple Style Labs IPO minimum market lot is 26 shares with ā¹14,950 application amount. The retail investors can apply up-to 13 lots with 338 shares of ā¹1,94,350 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 26 | ā¹14,950 |
| Retail Maximum | 13 | 338 | ā¹1,94,350 |
| S-HNI Minimum | 14 | 364 | ā¹2,09,300 |
| S-HNI Maximum | 66 | 1,716 | ā¹9,86,700 |
| B-HNI Minimum | 67 | 1,742 | ā¹10,01,650 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 53,21,739 Shares | 45% |
| QIB (Ex. Anchor) | 35,47,826 Shares | 30% |
| NII Shares Offered | 17,73,913 Shares | 15% |
| Retail Shares Offered | 11,82,609 Shares | 10% |
Purple Style Labs IPO Anchor Investors
| Anchor Bidding Date | August 28, 2026 |
| Anchor Investors List | |
| Shares Offered | 53,21,739 Shares |
| Anchor Size | 306.00 Cr. |
| lock-in period end date 50% shares (30 Days) | Oct 3, 2026 |
| lock-in period end date 50% shares (90 Days) | Dec 2, 2026 |
Purple Style Labs IPO Dates
The Purple Style Labs IPO date is August 31 and the close date is September 2. The Purple Style Labs IPO allotment will be finalized on September 3 and the IPO listing on September 7.
| IPO Open Date: | August 31, 2026 |
| IPO Close Date: | September 2, 2026 |
| Basis of Allotment: | September 3, 2026 |
| Refunds: | September 4, 2026 |
| Credit to Demat Account: | September 4, 2026 |
| IPO Listing Date: | September 7, 2026 |
Promoters and Holding Pattern
The promoters of the company are Abhishek Agarwal.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 19,280,000 | 28.26% | – | -% |
| Others* | 48,955,000 | 71.74% | – | -% |
| Total | 68,235,000 | 100% | – | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India | ā¹363.29 |
| Funding towards sales and marketing expenses to be incurred by the Company | ā¹128.00 |
| General corporate purposes | ā¹- |
About Purple Style Labs
Purple Style Labs, founded in 2015, runs a Perniaās Pop-Up Shop (āPPUSā), a multi-brand luxury fashion platform. They offer their products both offline and online through their own website and mobile application. Under the PPUS brand, the company sells over 2.11 lakh products across womenās wear, menās wear, jewellery, accessories, and kidsā wear from 1,312 active designer brands.
Moreover, the website also features some of the well-known designers like Seema Gujral, Anushree Reddy, Amit Aggarwal, and Rohit Gandhi & Rahul Khanna. Moreover, the firm has served over 200,000 unique customers across 140 countries between FY23 and FY25. In fact, in FY25, the business reported 18.57 million unique visitors, 70,651 customers, and 104,856 orders across 100 countries.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹510.03 | ā¹557.74 | ā¹47.71 | ā¹458.39 |
| 2025 | ā¹494.00 | ā¹559.78 | ā¹188.55 | ā¹497.05 |
| 2026 | ā¹567.07 | ā¹734.54 | ā¹285.40 | ā¹829.60 |
Company Valuation – FY2026
Check Purple Style Labs IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | (23.56)% |
| EBITDA Margin: | 5.44% |
| PAT Margin: | (51.16)% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹(41.98) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ā¹(7.69) |
Peer Group Comparison
- The company does not have any comparable listed peer companies.
IPO Lead Managers aka Merchant Bankers
- Axial Capital Pvt. Ltd.
- IIFL Capital Services Ltd.
Company Address
Purple Style Labs Ltd.
CTS No. 1081, Plot no. 110 TPS Village
Service Road, Western Express Highway,
Vile Parle East
Mumbai, Maharashtra, 400057
Phone: +91 22 5033 360
Email: investor.relations@purplestylelabs.com
Website: https://www.purplestylelabs.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 040-79615565
Email: purplestyle.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Purple Style Labs IPO FAQs
What is Purple Style Labs IPO?
When Purple Style Labs IPO will open for subscription?
What is Purple Style Labs IPO Investors Portion?
How to Apply the Purple Style Labs IPO?
What is Purple Style Labs IPO Issue Size?
What is Purple Style Labs IPO Price Band?
What is Purple Style Labs IPO Lot Size?
What is the Purple Style Labs IPO Allotment Date?
What is the Purple Style Labs IPO Listing Date?
Note: The Purple Style Labs IPO price band and date are officially announced. The (Purple Style Labs IPO grey market premium) will be added to the IPO GMP page as it will start).
