Purple Style Labs Limited IPO
listed · NSE · Bookbuilding IPO
Purple Style Labs Limited IPO was a ₹680 crore book-built issue on NSE with a price band of ₹546–₹575 per share, open for bidding from 31 Aug 2026 to 2 Sep 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.purplestylelabs.com/
IPO overview
Purple Style Labs Limited raised ₹680 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.
Bids were accepted within a price band of ₹546–₹575 per share (face value ₹10); the final issue price is set within this band after bidding closes.
The shares listed on NSE on 7 Sep 2026.
Axis Capital Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital only
- Issue size
- ₹680 crore
- Price
- ₹546–₹575 per share
- Face value
- ₹10 per share
- Exchange
- NSE
- Lead manager
- Axis Capital Ltd.
- Registrar
- Kfin Technologies Ltd.
IPO timeline
- Bidding opens 31 Aug 2026
- Bidding closes 2 Sep 2026
- Basis of allotment 3 Sep 2026
- Refunds / unblocking 4 Sep 2026
- Shares credited to demat 4 Sep 2026
- Listing 7 Sep 2026
Bidding ran from 31 Aug 2026 to 2 Sep 2026.
After bidding, the basis of allotment was due on 3 Sep 2026, refunds / unblocking of funds were due on 4 Sep 2026 and shares were due to be credited to demat accounts on 4 Sep 2026.
The shares listed on 7 Sep 2026.
Subscription summary
By the close of bidding, the issue was subscribed 1.29× overall (last figure recorded 2 Sep 2026).
By category: qualified institutional buyers (QIB) 1.43×, non-institutional investors (NII) 0.84× and retail investors 1.57×.
Recorded day by day: 31 Aug 0.12×, 1 Sep 0.25× and 2 Sep 1.29×.
Bids were received for 1.29× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 2 Sep 2026) |
|---|---|
| QIB | 1.43× |
| NII | 0.84× |
| Retail | 1.57× |
| Overall | 1.29× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹-10 on 6 Sep 2026, equal to -1.7% of the upper price band.
Across 10 readings between 28 Aug 2026 and 6 Sep 2026, the quoted GMP ranged from ₹-10 to ₹34.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 3 Sep 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
Tools
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In the news
- IPO Market Roundup - Week of September 7, 2026 · 7 Sep 2026
- IPO Market Roundup - Week of August 31, 2026 · 31 Aug 2026