Initial public offering of 11,826,086 equity shares of face value of Rs. 10 each ("Equity Shares") of Purple Style Labs Limited (the "Company" or the "Issuer") for cash at a price of Rs. 575 per equity share (Including a Share Premium of Rs. 565 Per Equity Share) ("Issue Price") aggregating to Rs. 680 Crores (the "Issue") comprising a fresh issue of 11,826,086 equity shares of face value of Rs. 10 each aggregating to Rs. 680 Crores (the "Fresh Issue").
The issue shall constitute 14.77% of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 575 per equity share of face value of Rs. 10 each.
The floor price 57.5 times the face value of the equity shares, respectively.
Bids can be made for a minimum of 26 equity shares of face value of Rs. 10 each and in multiples of 26 equity shares of face value of Rs. 10 each thereafter.
IPO Details
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
31-Aug-2026
02-Sep-2026
₹ 575.00
₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 26.0 Further Multiples of : 26.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
613.16
Axis Capital Limited
Project Financed through Current Offer
680.00
Post Issue Equity Share Capital
80.06
Issue Price
₹575.00
Projects
Projects
Investment in the 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