Markets / IPO / Purple Style Labs

Purple Style Labs IPO

Updated 18:58

Mainboard IPO on NSE and BSE · Speciality Retail

Status

Listed

Price band

₹546–575

Lot size

26 shares · ₹14,950

Subscribed

1.29×

How it listed

Issue price

₹575

Listing price (open)

₹535.00 -6.96%

First-day close

₹568.55 -1.12%

Price now

₹491.05 -14.60%

Listing day	7 Sept 2026
Open / high / low / close	₹535.00 / ₹588.90 / ₹515.85 / ₹568.55
Shares traded on NSE	87,22,845
Market value at the listing-day close	₹4,552 cr

Closing prices since listing: 26 Oct ₹501.30, 27 Oct ₹503.65, 28 Oct ₹501.70, 29 Oct ₹516.45, 30 Oct ₹501.05, 2 Nov ₹496.60, 3 Nov ₹498.75, 4 Nov ₹500.05, 5 Nov ₹519.00, 6 Nov ₹491.90.

Purple Style Labs share price, live chart and technicals →

Key dates

Bidding opens	31 Aug 2026
Bidding closes	2 Sept 2026
Allotment	3 Sept 2026
Refunds and shares in demat	4 Sept 2026
Listing	7 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	53,21,739	43.72%	–
Institutions (QIB)	37,36,264	30.70%	–
HNI / NII	18,68,131	15.35%	–
HNI, above ₹10 lakh	12,45,421	10.23%	714
HNI, ₹2–10 lakh	6,22,710	5.12%	1,710
Retail	12,45,421	10.23%	47,900

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	26	₹14,950
Retail (maximum)	13	338	₹1,94,350
Small HNI (minimum)	14	364	₹2,09,300
Small HNI (maximum)	66	1,716	₹9,86,700
Big HNI (minimum)	67	1,742	₹10,01,650

At ₹575 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 2

Retail allotments available

47,900 × one lot

Retail portion subscribed

1.58×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	37,36,264	53,27,218	1.43×
HNI / NII	18,68,131	15,74,612	0.84×
HNI, above ₹10 lakh	12,45,421	12,52,342	1.01×
HNI, ₹2–10 lakh	6,22,710	3,22,270	0.52×
Retail	12,45,421	19,64,742	1.58×
Total	68,49,816	88,66,572	1.29×

NSE and BSE bids together, as of 2 Sept 2026 19:00.

Demand at each price

Top price ₹575	70.83 lakh shares	79.8%
Cut-off final price, whatever it is; mostly retail	17.47 lakh shares	19.7%
Lower prices ₹546–574	0.41 lakh shares	0.5%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	28 Aug 2026
Anchor shares	53,21,739
Raised from anchors	₹306.00 cr
Lock-in ends for the first 50% (30 days)	2 Oct 2026
Lock-in ends for the remaining 50% (90 days)	1 Dec 2026 (in 25 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹4,604 cr	₹3,931 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	0.93

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Speciality Retail

Company	Listed	Subscribed	On listing	Since IPO
SS Retail	23 Sept	103.30×	+47.17%	+49.71%
Vinit Mobile SME	7 Jul	–	-1.90%	-70.51%
Lenskart Solutions	10 Nov	28.26×	-1.74%	+80.29%

IPO details

Price band	₹546–575
Final issue price	₹575
Lot size	26 shares
Minimum investment	₹14,950 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	Re. 10 per Equity Share
Industry	Speciality Retail
Issue size	₹680.00 crore (about 1.18 crore shares) · Fresh issue only
ISIN	INE0I1B01016
Registrar	KFin Technologies Limited Helpline: +91 40 67162222, purplestyle.ipo@kfintech.com
Lead managers	Axis Capital Limited and IIFL Capital Services Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 3 Sept 2026. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Purple Style Labs IPO price band and lot size?

The price band is ₹546–575 per share, and one lot is 26 shares (₹14,950 at the upper price).

When is the Purple Style Labs IPO allotment date?

Allotment was finalised on 3 Sept 2026, the next working day after bidding closed on 2 Sept 2026.

How many times was the Purple Style Labs IPO subscribed?

In total 1.29 times, on NSE and BSE together; retail 1.58 times.

What is the Purple Style Labs IPO listing date?

It listed on 7 Sept 2026 on NSE and BSE.

What is the chance of getting Purple Style Labs IPO shares?

At least 1 in 2 retail applicants got the minimum lot: 47,900 retail allotments with the retail portion subscribed 1.58 times. Winners are picked by lottery.

When does the Purple Style Labs anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 2 Oct 2026 and the 90-day lock-in on the rest ends on 1 Dec 2026; they can sell from the next trading day.

What was the Purple Style Labs listing gain?

It opened at ₹535.00 against an issue price of ₹575, a loss of 6.96%. It is now down 14.60% from the issue price.