Question 1

What is the Purple Style Labs Limited IPO?

Accepted Answer

The Purple Style Labs Limited IPO is a mainboard Initial Public Offering where Purple Style Labs Limited is offering its shares to the public for the first time. The total issue size is ₹680.00 Cr with a price band of ₹546-575. This allows retail and institutional investors to become shareholders in the company.

Question 2

When will Purple Style Labs Limited IPO open?

Accepted Answer

The Purple Style Labs Limited IPO was open from 31 August 2026 to 02 September 2026. The subscription period has now ended.

Question 3

What is the lot size of Purple Style Labs Limited IPO?

Accepted Answer

The lot size for Purple Style Labs Limited IPO is 26 shares, which means the minimum investment required is approximately ₹14,950 (26 shares × ₹546-575). Retail investors can apply for one or more lots, but applying for a single lot typically gives better allotment chances during oversubscription.

Question 4

How to apply for Purple Style Labs Limited IPO?

Accepted Answer

You can apply for the Purple Style Labs Limited IPO through multiple channels: 1) Online broker platforms like Zerodha, Groww, Angel One, Upstox (most convenient); 2) Internet banking using ASBA facility; 3) Through your bank branch. You'll need a Demat account, linked bank account, PAN card, and sufficient funds. The application process involves selecting the IPO, choosing number of lots, selecting bid price (or cutoff), and authorizing the payment via UPI mandate.

Question 5

When is Purple Style Labs Limited IPO allotment?

Accepted Answer

The Purple Style Labs Limited IPO allotment was completed on Expected 5-7 days after closing. You can check your allotment status on the registrar's website (Link Intime, KFintech, or Bigshare) using your PAN number, application number, or Demat details. Allotted shares will be credited to your Demat account before the listing date. If you don't get allotment, your blocked amount will be unblocked automatically.

Question 6

When is Purple Style Labs Limited IPO listing date?

Accepted Answer

The Purple Style Labs Limited IPO was listed on 07 September 2026. On listing day, shares will start trading on the stock exchanges, and you can sell your allotted shares or hold them for long-term investment based on your strategy. Listing price depends on market demand and may be above, below, or at the issue price.

Question 7

Was GMP of Purple Style Labs Limited IPO reliable?

Accepted Answer

The Grey Market Premium (GMP) for Purple Style Labs Limited IPO was ₹2 before listing. The actual listing price was ₹535, giving a listing gain of -7.0% (₹-40 per share). The GMP was fairly accurate and close to the actual listing performance. This demonstrates that while GMP can be an indicator, it's not always accurate and should be used alongside fundamental analysis.

Question 8

How much profit have I made if I held Purple Style Labs Limited IPO after allotment?

Accepted Answer

If you were allotted shares at the issue price of ₹575 and held them until now, your current gain is -12.8% (₹-74 per share). For one lot of 26 shares, your loss would be ₹1,924. On listing day, the stock opened at ₹535 (-7.0% gain). The stock performance has been relatively stable. Remember, past performance doesn't guarantee future results, and investment decisions should be based on the company's fundamentals and your investment goals.

Application	Lots	Shares	Amount
Retail(min) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	1	26	₹14,950
Retail(max) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	13	338	₹1.94L
SHNI(min) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	14	364	₹2.09L
SHNI(max) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	66	1,716	₹9.87L
BHNI(min) Big HNI - Investment above ₹10 lakhs	67	1,742	₹10.02L

Category	Subscribed	Applications	Shares applied
QIB	1.50x	14 / 35,47,826	53,27,218
NII	0.89x	887 / 4,873	15,74,612
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