Purple Style Labs Limited IPO DRHP
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 Objects
- Investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, & back-end offices in India
- Funding towards sales & marketing expenses to be incurred by the Company
- General corporate purposes
Purple Style IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹660.00 Cr (0.00 Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹660.00 Cr (0.00 Shares) |
Face Value₹10 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Purple Style IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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 Details
| Name | Shareholding |
|---|---|
| Abhishek Agarwal | 27.10% |
| Others | 0.26% |
| Total | 27.36% |
Management Details
| Name | Designation |
|---|---|
| Hrishikesh Parandekar | Chairman |
| Abhishek Agarwal | CEO |
| Umesh Choudhary | CFO |
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
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
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Find answers to common questions that come in your mind related to IPO.
Purple Style IPO is a Mainboard IPO having an issue size of Rs. ₹660.00 Crs. Purple Style IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Purple Style IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Purple Style IPO is ₹0 per share (-).
The minimum lot size of Purple Style IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Purple Style IPO is 11 Feb 26.
The listing date of Purple Style IPO is 11 Feb 26.
Purple Style IPO is subscribed -.
Purple Style IPO is priced at ₹ - ₹ per share.
Click the allotment link on Purple Style IPO page of IPO360.
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