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The Purple Style Labs IPO is attracting attention from investors ahead of its scheduled opening on August 31, 2026. The IPO, associated with Pernia’s Pop-up Studio, is a ₹680 crore book-built issue consisting entirely of a fresh issue. With the price band fixed at ₹546–₹575 per share, investors will be watching the Purple Style Labs IPO GMP, subscription numbers and company fundamentals closely.
This article covers the Purple Style Labs IPO price, important dates, lot size, allotment timeline, GMP status and key points for investors to consider.
Purple Style Labs IPO: Key Details
| Particulars | Details |
| IPO Name | Purple Style Labs IPO |
| Issue Size | ₹680 crore |
| Issue Type | Book-built Issue |
| Fresh Issue | 1,18,26,086 shares |
| Price Band | ₹546 – ₹575 per share |
| Face Value | ₹10 per share |
| Lot Size | 26 shares |
| Minimum Investment | ₹14,950 |
| IPO Open Date | August 31, 2026 |
| IPO Close Date | September 2, 2026 |
| Allotment Date | September 3, 2026 |
| Refund Date | September 4, 2026 |
| Share Credit | September 4, 2026 |
| Tentative Listing Date | September 7, 2026 |
| Listing | BSE & NSE |
| Lead Manager | Axis Capital Ltd. |
| Registrar | Kfin Technologies Ltd. |
Purple Style Labs IPO GMP Today
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Gain |
| 27-Aug-2026 | ₹575 | ₹0 | ₹575 | 0.00% |
| 26-Aug-2026 | ₹575 | ₹0 | ₹575 | 0.00% |
| 25-Aug-2026 | ₹575 | ₹0 | ₹575 | 0.00% |
GMP Note: The Purple Style Labs IPO GMP is currently ₹0, indicating no premium over the upper IPO price of ₹575. GMP is an unofficial indicator and can change before the listing date. Investors should not consider GMP alone when making an investment decision.
Purple Style Labs IPO Price and Lot Size
The Purple Style Labs IPO price has been fixed in the range of ₹546 to ₹575 per share. Investors can bid for a minimum of 26 shares, meaning the minimum retail application at the upper price band requires ₹14,950.
Retail investors can apply for up to 13 lots, equivalent to 338 shares, requiring an investment of ₹1,94,350 at the upper price band.
For S-HNI investors, the minimum application is 14 lots or 364 shares, requiring ₹2,09,300. The minimum B-HNI application is 67 lots, or 1,742 shares, amounting to ₹10,01,650 at the upper price band.
Purple Style Labs IPO Date and Timeline
The Purple Style Labs IPO date is August 31, 2026, when the issue opens for subscription. The IPO will remain open for three days and is scheduled to close on September 2, 2026.
The Purple Style Labs IPO allotment is expected to be finalized on September 3, followed by refunds and credit of shares to eligible investors on September 4. The shares are tentatively scheduled to list on both NSE and BSE on September 7, 2026.
Investors should note that these dates are tentative and may be subject to changes announced by the company or stock exchanges.
Purple Style Labs IPO Subscription
The Purple Style Labs IPO subscription will be an important factor to monitor once bidding begins. The issue has been reserved primarily for Qualified Institutional Buyers (QIBs), with not less than 75% of the issue allocated to this category. Retail investors have a reservation of not more than 10%, while Non-Institutional Investors (NII) have not more than 15%.
Subscription data can provide an indication of demand across different investor categories. However, strong subscription alone does not necessarily mean the IPO will perform well after listing.
About Purple Style Labs
Purple Style Labs operates in the luxury fashion and lifestyle segment and is associated with Pernia’s Pop-Up Studio, a platform focused on luxury and designer fashion. The business operates in a segment where brand visibility, customer experience, designer relationships and premium consumption trends can influence growth.
The IPO is entirely a fresh issue, meaning the proceeds are being raised by the company rather than being an offer for sale by existing shareholders. The company promoter is Abhishek Agarwal.
Purple Style Labs IPO Review
Our Purple Style Labs IPO review highlights both potential opportunities and factors that investors should evaluate carefully.
Key points to watch:
- ₹680 crore fresh issue provides capital to the company.
- The company operates in the growing luxury fashion and lifestyle segment.
- The IPO has a price band of ₹546–₹575.
- Current GMP data shows no premium as of August 27, 2026.
- Subscription levels after the IPO opens will provide a better indication of investor demand.
- Valuation, financial performance, profitability and future growth should be reviewed before investing.
Purple Style Labs IPO: Should You Apply?
The Purple Style Labs IPO offers investors an opportunity to participate in a luxury fashion-focused business through the primary market. However, investors should not rely only on GMP or subscription figures when evaluating the issue.
Before applying, review the company’s financials, valuation, business risks, use of IPO proceeds and industry outlook. GMP is unofficial and can change quickly, while the actual listing price depends on market conditions and investor demand.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to apply for the IPO. Investors should carefully read the IPO documents and assess their own financial goals and risk tolerance before making any investment decision.
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