Purple Style Labs’ IPO to Open on August 31; Price Band Fixed at INR 546-575
Purple Style Labs’ IPO opens Aug 31 with price band INR 546-575; fresh issue to raise up to INR 680 crore, lists on NSE and BSE.
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Purple Style Labs Limited, which operates Pernia’s Pop-Up Shop, will open its Initial Public Offer on Monday, August 31, 2026, and close on Wednesday, September 2, 2026. The price band has been fixed at INR 546 to INR 575 per equity share.
The anchor investor bidding date is Friday, August 28, 2026. Bids can be made for a minimum of 26 equity shares and in multiples of 26 thereafter.
The offer comprises entirely a fresh issue of equity shares aggregating up to INR 680 crore, with a face value of INR 10 each.
The equity shares will be listed on the NSE and BSE, with NSE as the designated stock exchange. Axis Capital Limited and IIFL Capital Services Limited are the book running lead managers.
Under the issue structure, not less than 75% of the offer is reserved for qualified institutional buyers, of which up to 60% can be allocated to anchor investors. Not more than 15% is reserved for non-institutional bidders, and not more than 10% for retail individual bidders.
Purple Style Labs Limited, which operates Pernia’s Pop-Up Shop, will open its Initial Public Offer on Monday, August 31, 2026, and close on Wednesday, September 2, 2026. The price band has been fixed at INR 546 to INR 575 per equity share.
The anchor investor bidding date is Friday, August 28, 2026. Bids can be made for a minimum of 26 equity shares and in multiples of 26 thereafter.
The offer comprises entirely a fresh issue of equity shares aggregating up to INR 680 crore, with a face value of INR 10 each.
The equity shares will be listed on the NSE and BSE, with NSE as the designated stock exchange. Axis Capital Limited and IIFL Capital Services Limited are the book running lead managers.
Under the issue structure, not less than 75% of the offer is reserved for qualified institutional buyers, of which up to 60% can be allocated to anchor investors. Not more than 15% is reserved for non-institutional bidders, and not more than 10% for retail individual bidders.
