PSL (PSL)
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Purple Style Labs raises ₹306 crore from anchor investors for IPO
Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised ₹306 crore from anchor investors ahead of its ₹680-crore initial public offering (IPO), which will open for subscription on August 31. The company has allotted 53.22 lakh equity shares to 10 anchor investors at ₹575 per share, according to a circular uploaded on BSE's website.
Purple Style Labs sets ₹4,604 crore IPO price band, opens at ₹575
Purple Style Labs has set its IPO price band at ₹575 per share, targeting a ₹4,604 crore valuation with a ₹680 crore fresh issue. The offering opened on August 26, 2026, and is now accepting bids from investors. The company aims to raise capital for expansion and debt repayment.
Purple Style Labs lists after ₹678 crore IPO
The company fixed the IPO price band at Rs 546–575 per equity share. The public issue comprises entirely a fresh issue of 1.18 crore equity shares, with no offer-for-sale component. Ahead of the IPO, Purple Style Labs raised Rs 306 crore from anchor investors.
Purple Style Labs files IPO to tap luxury wedding market
Purple Style Labs bets IPO on India's booming luxury wedding market Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base Listen to This Article Purple Style Labs (PSL), the omnichannel luxury fashion company that operates designer retail platform Pernia’s Pop-Up Shop, is betting its stock market debut on India's booming luxury wedding and occasion-wear segment.
Purple Style Labs IPO subscribed 12% on first day
Purple Style labs received bids for 8,06,234 shares as against 68,49,816 shares on offer, according to stock exchange data at 17:00 IST on 31 August 2026. The price band of the IPO is fixed between Rs 546 and 575 per share. An investor can bid for a minimum of 26 equity shares and multiples thereof.
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