IPO Synopsis
| Purple Style Labs Ltd |
|---|
| Registered Office: CTS No.1081 Plot No.110 TPS(V),Service Rd Western Exp H.Ways,Mumbai-400057, Maharashtra |
| Tel. No: +91 22 5033 3600 |
| Fax No: NA |
| Email: investor.relations@purplestyles.com |
| Website: www.purplestylelabs.com |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 31-Aug-2026 | 02-Sep-2026 | ₹575.00 - 0.00 | |
| 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 | IIFL Capital Services Limited |
| Post Issue Equity Share Capital | 80.06 | |
| Issue Price | 575.00 |
| 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 |
| General corporate purposes |
| Promoted By |
|---|
| Abhishek Agarwal |
| Payal Kumari Agarwal |
| Priyanka Agarwal |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
| KFin Technologies Ltd |
