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Check Purple Style Labs Ltd.’s IPO subscription status, investor participation, issue details, important IPO dates, and the application process through ASBA or UPI.
The Purple Style Labs Ltd. IPO has opened for subscription. The issue is available for subscription across applicable investor categories, including Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), and Non-Institutional Investors (NII).
The subscription figures provide an indication of investor participation during the IPO period. On the first day, retail investors recorded the highest subscription among the reported categories, while institutional and non-institutional participation remained relatively limited.
The Purple Style Labs Ltd. IPO received subscription applications across the applicable investor categories on the opening day.
At the end of Day 1, the Purple Style Labs Ltd. IPO was subscribed 0.07× overall. The Retail Individual Investors category recorded a subscription of 0.35×, followed by Non-Institutional Investors at 0.03×. The QIB portion stood at 0.00×.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
0.35× |
Non-Institutional Investors (NII) |
0.03× |
Total |
0.07× |
Retail investors accounted for the largest share of subscription activity on the first day, reaching 0.35× of their reserved portion. The NII category recorded 0.03×, while the QIB category stood at 0.00×. Overall, the issue had received 0.07× subscription by Day 1.
Subscription figures can change throughout the IPO period as additional applications are submitted. Investors should refer to the latest available data before making an application.
The Purple Style Labs Ltd. IPO witnessed an increase in investor participation on Day 2 of the bidding period. As of September 1, 2026, the issue was subscribed 0.21× overall. Retail Individual Investors continued to record the highest subscription among the reported categories, while participation from QIBs and NIIs remained relatively limited.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.06× |
Retail Individual Investors (RII) |
0.85× |
Non-Institutional Investors (NII) |
0.09× |
Total |
0.21× |
Retail investors led the subscription activity on Day 2, with their reserved portion subscribed 0.85×. The QIB category stood at 0.06×, while Non-Institutional Investors recorded 0.09× subscription. Overall, the IPO subscription increased from 0.07× on Day 1 to 0.21× on Day 2, indicating a gradual rise in investor participation ahead of the final bidding day.
The Purple Style Labs Ltd. IPO recorded an overall subscription of 1.25× on Day 3, the final day of the bidding period. As of September 2, 2026, the issue had crossed the fully subscribed level. The subscription figures were reported separately for Qualified Institutional Buyers and Retail Individual Investors.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.39× |
Retail Individual Investors (RII) |
1.47× |
Non-Institutional Investors (NII) |
0.82× |
Total |
1.25× |
Retail Individual Investors subscribed 1.47× their reserved portion, while the QIB category reached 1.39×. Non-Institutional Investors recorded a subscription of 0.82×. Overall, the IPO subscription.
The Purple Style Labs Ltd. IPO is a book-building issue with a price band of ₹546 to ₹575 per equity share, with a face value of ₹10 per share. The market lot consists of 26 shares. At the upper end of the price band, one lot requires an investment of ₹14,950.
Based on the applicable category-wise lot requirements, retail investors can apply for a minimum of 1 lot, equivalent to 26 shares. The maximum retail application is 13 lots, or 338 shares, while the minimum application for S-HNI is 14 lots.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
1 |
26 |
₹14,950 |
Retail (Max) |
13 |
338 |
₹1,94,350 |
S-HNI (Min) |
14 |
364 |
₹2,09,300 |
B-HNI (Min) |
67 |
1,742 |
₹10,01,650 |
At the upper end of the price band, the minimum application amount can be calculated as follows:
Minimum application amount = 26 shares × ₹575 = ₹14,950
Since this is a book-building IPO, investors can place bids within the ₹546–₹575 price band, subject to the applicable bidding and investor-category rules.
For detailed insights about the company, issue particulars, and the latest updates, visit the Purple Style Labs Ltd on Bajaj Markets.
The IPO timeline covers the stages of the public offering, beginning with the opening of subscription and ending with the proposed listing of shares.
| Event | Date | Details |
|---|---|---|
IPO Open Date |
August 31, 2026 |
Issue opens for subscription |
IPO Close Date |
September 2, 2026 |
Final day to submit IPO applications |
Basis of Allotment |
September 3, 2026 |
Share allotment is finalised |
Refunds Initiation |
September 4, 2026 |
Refund or fund-unblocking process begins |
Credit of Shares to Demat |
September 4, 2026 |
Shares credited to successful applicants |
Listing Date |
September 7, 2026 |
Shares are scheduled to list on BSE and NSE |
Note: The listing date is tentative and IPO-related dates may be revised by the issuer, registrar, or stock exchanges. Investors should check the latest official information before relying on the timeline.
Investors can generally submit an IPO application through ASBA (Application Supported by Blocked Amount) using their bank or through UPI via an eligible broker or financial platform.
ASBA allows investors to apply for an IPO while keeping the application amount blocked in their bank account until the allotment process is completed.
Log in to your internet banking account.
Open the IPO or investment section provided by your bank.
Select Purple Style Labs Ltd. IPO from the available issues.
Enter the required investor details and application quantity.
Review the application information and submit the form.
The application amount will be blocked in the linked bank account.
If shares are allotted, the applicable amount will be debited and the shares will be credited to the investor’s Demat account.
Eligible investors can also use the UPI-based IPO application facility available through participating brokers and financial platforms.
Log in to your trading or Demat account on the broker’s platform.
Open the IPO section and select Purple Style Labs Ltd. IPO.
Enter the required application details, including the number of lots or shares.
Provide the UPI ID linked to your bank account.
Submit the application and approve the UPI mandate request through your UPI application.
The required funds will remain blocked until the allotment process.
If shares are allotted, the applicable amount will be debited and the shares will be credited to your Demat account.
Disclaimer
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
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