Skip to main content

Purple Style Labs IPO Allotment Status

Written by: Team Angel OneUpdated on: 2 Sept 2026, 10:20 pm IST
Purple Style Labs Limited’s ₹680 crore IPO closes for subscription today, September 2, 2026. The basis of allotment is expected to be finalised on September 3, and the shares are scheduled to list on the BSE and NSE on September 7, 2026.
Purple Style Labs IPO
Share

Purple Style Labs Limited is a book-built mainboard IPO consisting entirely of a fresh issue of 1,18,26,086 equity shares. At the upper price band, the company aims to raise ₹680 crore. The issue does not include an offer-for-sale component. 

The subscription window of Purple Style Labs Limited IPO was opened on August 31, 2026, and closes today, September 2, 2026. The basis of allotment is expected to be finalised on September 3, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 4, 2026, ahead of the proposed listing on the BSE and NSE on September 7, 2026. 

The IPO has a price band of ₹546–₹575 per share and a lot size of 26 shares. At the upper price band, retail investors need a minimum investment of ₹14,950 for one lot. 

Investors can check Purple Style Labs IPO allotment status after the basis of allotment is finalised through KFin Technologies, the registrar to the issue, or through the BSE and NSE websites. 

How to Check Purple Style Labs IPO Allotment Status Online on NSE? 

  • Go to the NSE IPO bid verification and application-status page.
  • Select the Equity IPO bid-verification or application-status option.
  • Choose “Purple Style Labs Limited” from the issue-name dropdown after the allotment is published.
  • Enter your PAN, application number or other requested details.
  • Complete the applicable verification.
  • Click on Submit to view your IPO application and allotment status. 

How to Check Purple Style Labs IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO application-status page.
  • Select “Equity” under Issue Type.
  • Choose “Purple Style Labs Limited” from the Issue Name dropdown.
  • Enter your application number or PAN.
  • Complete the captcha verification, if prompted.
  • Click on Search or Submit to view your allotment result. 

How to Check Purple Style Labs IPO Allotment Status on the Registrar’s Website? 

  • Visit the official KFin Technologies IPO allotment-status website.
  • Select “Purple Style Labs Limited” from the available issue-name dropdown once the allotment data is published.
  • Choose PAN, application number, DP ID/Client ID or bank-account details as the search method, where available.
  • Enter the requested details.
  • Complete the captcha verification.
  • Click on Submit to check your allotment status. 

Purple Style Labs IPO Details 

Purple Style Labs’ ₹680 crore IPO comprises a fresh issue of 1,18,26,086 equity shares. The issue is priced at ₹546–₹575 per share, and the face value of each equity share is ₹2. 

The IPO opened on August 31 and closes on September 2, 2026. The allotment is expected on September 3, refunds and demat credits are expected on September 4, and the equity shares are scheduled to list on BSE and NSE on September 7, 2026. 

The minimum retail application comprises one lot of 26 shares, requiring ₹14,950 at the upper price band. Applications can be made in multiples of 26 shares thereafter. 

Allocation Quota for Purple Style Labs IPO 

Investor Category Shares % of Total Issue 
QIB 88,69,565 75.00% 
- Anchor Investor 53,21,739 45.00% 
- QIB (Ex. Anchor) 35,47,826 30.00% 
NII (HNI) 17,73,913 15.00% 
- bNII > ₹10L 11,82,609 10.00% 
- sNII < ₹10L 5,91,304 5.00% 
Retail 11,82,609 10.00% 
Total 1,18,26,087 100.00% 

*The final category-wise allocation may change because of anchor allocation, rounding and other issue-specific adjustments. The basis of allotment published by KFin Technologies will be definitive. 

Purple Style Labs IPO – Overall Subscription Status 

As of the latest available update on September 2, 2026, at 3:59 PM, the retail portion was subscribed 1.59 times, the non-institutional investor (NII) category was subscribed 0.87 times, and the qualified institutional buyer (QIB) portion stood at 1.50 times. Overall, the Purple Style Labs IPO achieved an aggregate subscription of 1.35 times on its final day of bidding. Final subscription figures will be locked in after the formal closing and processing of all bids. 

Category Subscribed Shares Offered Shares Bid For 
QIB (Ex Anchor) 1.50x 35,47,826 53,27,218 
NII 0.87x 17,73,913 15,51,706 
- bNII (> Rs.10L) 1.06x 11,82,609 12,50,600 
- sNII (< Rs.10L) 0.51x 5,91,304 3,01,106 
Retail 1.59x 11,82,609 18,84,792 
Total 1.35x 65,04,348 87,63,716 

Note: The above data is as of September 2, 2026, 3:59:06 PM. 

Total Applications: 61,779 

Read More: Aurobindo Pharma Share Price Surges Over 3% After Subsidiary Lannett Launches Generic Advair Diskus in US! 

Purple Style Labs Business Overview 

Purple Style Labs is a fashion and lifestyle company that operates digital-first and luxury-fashion brands. Its portfolio includes Pernia’s Pop-Up Shop, a multi-designer fashion platform, and other consumer fashion businesses. The company sells designer apparel, accessories and lifestyle products through online and offline channels. 

The net proceeds from the entirely fresh issue will accrue to the company and are intended to support its expansion plans, working-capital requirements and general corporate purposes. Investors should refer to the red herring prospectus for the detailed use of proceeds, financial performance, operating risks and valuation information. 

Purple Style Labs IPO allotment status is expected to be available on September 3, 2026, after the basis of allotment is approved. Investors should use KFin Technologies, BSE or NSE with their PAN, application number or DP ID/Client ID to verify the allotment result. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 2, 2026, 4:50 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91