Purple Style Labs Limited IPO
Purple Style Labs Limited was a mainboard IPO to raise ₹680 crore. The issue was subscribed 1.29× overall (QIBs 1.43×, NIIs 0.84×, retail 1.58×). It listed on 7 Sep 2026 at ₹535 and closed its first day at ₹569, a listing loss of -1.1% versus the ₹575 issue price. It now trades around ₹501 (-12.9% versus the issue price).
Frequently asked questions
- How many times was the Purple Style Labs Limited IPO subscribed?
- The Purple Style Labs Limited IPO was subscribed 1.29× overall — 1.43× in the QIB category, 0.84× among non-institutional investors, 1.58× in retail.
- What were the Purple Style Labs Limited IPO listing gains?
- Purple Style Labs Limited listed on 7 Sep 2026 at ₹535, closing its first day at ₹569 — a listing loss of -1.1% versus the ₹575 issue price.
- What were the retail allotment odds for the Purple Style Labs Limited IPO?
- Retail was subscribed 1.58×, so a single-lot application had roughly a 63.3% chance of allotment (about 1 in 2), and allotment was finalised on 3 Sep 2026.
- Who were the registrar and lead manager for the Purple Style Labs Limited IPO?
- KFin Technologies Limited was the registrar to the issue.