Purple Style Labs Limited’s Initial Public Offer to open on Monday, August 31, 2026
FinTech BizNews Service
Mumbai, 26 August, 2026: Purple Style Labs Limited (The “Company”), shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Monday, August 31, 2026.
The Price Band of the Offer has been fixed at Rs 546 to Rs 575 per Equity Share. (“Price Band”).
Bids can be made for a minimum of 26 Equity Shares and in multiples of 26 Equity Shares thereafter. (“Minimum Bid Lot”).
Abhishek Agarwal CEO Purple Style Labs
The Anchor Investor Bidding Date shall be Friday, August 28, 2026. The Bid/Offer shall open on Monday, August 31, 2026.
The offer comprises of entirely a Fresh Issue of equity shares aggregating up to Rs680 crore with face value of Rs10 each.
The Equity Shares that will be issued through the red herring prospectus dated August 24, 2026 read with corrigendum dated August 25, 2026 (“Red Herring Prospectus” or “RHP”) are proposed to be listed on the Stock Exchanges.
For the purposes of the Issue, the Designated Stock Exchange shall be NSE. Axis Capital Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the book running lead managers to the issue.
The detailed price band advertisement dated August 25, 2026 has been published in all editions of Financial Express, an English national daily newspaper, all editions of Jansatta, a Hindi national daily newspaper and the Mumbai edition of Navshakti, a Marathi daily newspaper on August 26, 2026.
