Purple Style Labs Limited IPO

Purple Style Labs Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹660.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

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.

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

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

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.

Shareholding

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

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is Purple Style IPO?
Purple Style IPO is a Mainboard IPO having an issue size of ₹660.00 Crs. Purple Style IPO is priced at ₹ - ₹ per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will Purple Style IPO open?
Purple Style IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of Purple Style IPO?
The estimated Grey Market Premium of Purple Style IPO is ₹0 per share (-).
What is the lot size of Purple Style IPO?
The minimum lot size of Purple Style IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Purple Style IPO?
The allotment date of Purple Style IPO is 17 Apr 26.
What is the listing date of Purple Style IPO?
The listing date of Purple Style IPO is 17 Apr 26.
What is the subscription of Purple Style IPO?
Purple Style IPO is subscribed -.
What is the price band of Purple Style IPO?
Purple Style IPO is priced at ₹ - ₹ per share.
How to check allotment status of Purple Style IPO?
Click the allotment link on Purple Style IPO page of IPO360.
How to apply Purple Style IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Purple Style IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Purple Style IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Purple Style IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date