IPO - Initial Public Offerings

 PERNIASPOP

  

PURPLE STYLE LABS LTD. IPO

31 Aug, 10:00 AM

Issue Open

02 Sep, 05:00 PM

Issue Close

26

Lot Size

₹ 546.00 – ₹ 575.00

Price Range

IPO Issue Details

Issue size 680.00 Cr
Market Price 575.00
Registrar Kfin Technologies Ltd
Face Value RS.10 /- Per share
Listing at NSE BSE

About

PURPLE STYLE LABS LTD. IPO
Incorporated in August 2015, Purple Style Labs Limited is a multi-brand luxury omni-channel fashion platform operating under Pernia’s Pop-Up Shop (PPUS), offering a curated portfolio of luxury fashion products across womenswear, menswear, jewellery, accessories and kidswear, with a focus on wedding and occasion wear. The Company sources products from 1,109 active designer brands as of March 31, 2026, including Seema Gujral, Anushree Reddy, Amit Aggarwal and Rohit Gandhi & Rahul Khanna. The Company operates through an omni-channel business model comprising Experience Centers, its website, mobile application, telephonic and digital sales channels, events and exhibitions. As of March 31, 2026, it had 14 Experience Centers globally, including 12 in India and one each in London and New York. During Fiscal 2024–2026, the Company served more than 200,000 unique customers, while in Fiscal 2026 it recorded ?7,215.62 million in Total PPUS GMV and an average order value of ?75,504.88. The Company has established a strong international presence, serving customers across India, the US, UK, Middle East, Australia and other markets. Its platform provides customers access to curated Indian luxury fashion while enabling designer brands to reach a wider domestic and global customer base without establishing their own retail and distribution networks. The Company is led by Abhishek Agarwal, Promoter, Whole-Time Director and CEO, supported by an experienced management team and Board with expertise across retail, sales, marketing, product management, consultancy and finance. As of March 31, 2026, the Company had 1,266 permanent employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 26 ₹ 14,950.00
Retail (Max) 13 338 ₹ 1,94,350.00
S-HNI (Min) 14 364 ₹ 2,09,300.00
S-HNI (Max) 66 1716 ₹ 9,86,700.00
B-HNI (Min) 67 1742 ₹ 10,01,650.00

IPO TimeLine

Open Date 31-Aug-2026
Close Date 02-Sep-2026
Basis of Allotment Date 03-Sep-2026
Initiation of Refunds 04-Sep-2026
Credit Shares to Demat A/c 04-Sep-2026
IPO Listing Date 07-Sep-2026