Purple Style Labs IPO Details, Financials, Valuation & Peers
Explore Purple Style Labs IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Purple Style Labs Ltd. operates Pernia’s Pop-Up Shop (PPUS), a multi-brand luxury fashion platform that utilizes an omnichannel retail model. Customers can access the platform’s offerings through a website, mobile applications, and physical Experience Centers. The company focuses on the luxury fashion industry, providing a wide array of categories including womenswear, menswear, jewellery, accessories, and kidswear.
Key Highlights:
- Extensive Portfolio: As of March 31, 2025, the platform featured 211,727 SKUs from 1,312 active designer brands, including prominent Indian labels such as Amit Aggarwal, Seema Gujral, Anushree Reddy, and Rohit Gandhi & Rahul Khanna.
- Global Reach: The platform maintains a presence in over 140 countries, with key international markets including the United States, United Kingdom, the Middle East, and Canada.
- International Infrastructure: The company has expanded its physical footprint with a flagship Experience Center in London and plans for a new location in New York.
- Fiscal 2025 Performance: During the 2025 fiscal year, the platform recorded 18.57 million unique visitors, served 70,651 customers, and processed 104,856 orders.
- Customer Base: Between Fiscal 2023 and Fiscal 2025, the platform successfully catered to more than 200,000 unique customers.
Objects of the Issue
- Investment in wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India
- Funding towards sales and marketing expenses to be incurred by the Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 31 Aug - 02 Sep 2026 |
| IPO Price Band | ₹546 - ₹575 per share |
| Fresh Issue | ₹680.00 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹680.00 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 31 Aug 2026 |
| IPO Closing Date | 02 Sep 2026 |
| Basis Of Allotment | 03 Sep 2026 |
| Refunds | 04 Sep 2026 |
| Demat Transfer | 04 Sep 2026 |
| IPO Listing Date | 07 Sep 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 458.39 | 497.05 | 829.60 |
| Total Income | 510.03 | 494.00 | 567.07 |
| Profit After Tax | -47.71 | -188.38 | -285.40 |
| EBITDA | 31.63 | 41.99 | 30.37 |
| NET Worth | 39.51 | 117.50 | -52.28 |
| Reserves and Surplus | 39.34 | 118.01 | -116.40 |
| Total Borrowing | 116.33 | 112.79 | 371.40 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not more than 10% of the Issue |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1IIFL Capital Services Ltd.
- 2Axis Capital Ltd.
Company Address
Purple Style Labs Ltd.CTS No. 1081, Plot no. 110 TPS Village
Service Road, Western Express Highway
Vile Parle East
Mumbai, Maharashtra – 400057
Website: https://www.purplestylelabs.com/
Phone: +91 22 5033 3600
FAQs
- What is the issue size of the Purple Style Labs IPO?The Purple Style Labs IPO has an issue size of ₹680.00 crore. This includes a fresh issue of ₹680.00 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Purple Style Labs IPO?The price band for the Purple Style Labs IPO is ₹546 - ₹575 per share.
- What are the bidding dates for the Purple Style Labs IPO?The Purple Style Labs IPO will open for bidding on 31 Aug 2026 and close on 02 Sep 2026.
- What is the allotment date for the Purple Style Labs IPO?The allotment date for the Purple Style Labs IPO is 03 Sep 2026.
- What is the minimum lot size and investment required for the Purple Style Labs IPO?The minimum lot size for the Purple Style Labs IPO is 5460057500 shares and the minimum investment required is ₹31,39,53,30,62,500.
- What is the listing date for the Purple Style Labs IPO?The listing date for the Purple Style Labs IPO is 07 Sep 2026.
- What is the Purple Style Labs IPO grey market premium?The grey market premium (GMP) for the Purple Style Labs IPO is currently at ₹30, with an expected listing gain of approximately 5.22%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.