Purple Style Labs Limited IPO
Purple Style Labs Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Purple Style is one of India’s largest and fastest-growing multi-brand luxury omni-channel fashion platforms in terms of revenue in Fiscal 2024 (Source: 1Lattice Report), catering to customers in India and overseas markets. The platform curates products from renowned designer brands such as Seema Gujral, Anushree Reddy, Amit Aggarwal, and Rohit Gandhi & Rahul Khanna. Its diversified portfolio spans womenswear, menswear, and allied categories including jewellery, accessories and kids’ wear, with a strong emphasis on wedding and occasion-led fashion. By integrating a digital-first platform with an omni-channel presence, Purple Style enables designers to reach a wider audience while offering customers a seamless luxury shopping experience across curated collections.

Purple Style IPO Size

Fresh Issue
₹660 Cr (TBA Shares)

Objects of Issue

  1. Investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, & back-end offices in India
  2. Funding towards sales & marketing expenses to be incurred by the Company
  3. General corporate purposes

Purple Style IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Purple Style IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 489.91 504.37 369.19
PAT -188.55 -47.71 -41.39
Net Worth 118.70 40.88 59.28
Borrowings 112.79 116.33 46.73
Assets 498.25 459.75 329.75
NAV (₹) 18.27 6.39 9.58
EPS (₹) -29.03 -7.46 -6.69

Key Performance Indicators (KPIs)

EBITDA

8.57%

PAT

-38.49%

ROE

-158.85%

ROCE

-4.79%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

27.36%

Public

72.64%

Abhishek Agarwal 27.10%
Others 0.26%

Management

Hrishikesh Parandekar
Chairman
Abhishek Agarwal
CEO
Umesh Choudhary
CFO

Registrar & Lead Managers

Company Details

Name: Purple Style Labs Limited

Address: CTS No. 1081, Plot no. 110, TPS Village, Service Road, Western Express Highway, Vile Parle East, Mumbai 400 057, Maharashtra, India

Number: +91 22 5033 3600

Email: investor.relations@purplestylelabs.com

Website: https://www.purplestylelabs.Com

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