Purple Style Labs IPO
Market Sentiment
The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.
IPO Details
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 510.03 | 494.00 | 567.07 |
| Expense | 557.74 | 559.78 | 734.54 |
| Profit (PAT) | 47.71 | 188.55 | 285.40 |
| Total Assets | 458.39 | 497.05 | 829.60 |
Strengths & Risks
- Solid profit margin — 50.3%.
Our data checks haven't flagged a specific concern for Purple Style Labs — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Purple Style Labs
Purple Style Labs, founded in 2015, runs a Pernia’s Pop-Up Shop (“PPUS”), a multi-brand luxury fashion platform. They offer their products both offline and online through their own website and mobile application. Under the PPUS brand, the company sells over 2.11 lakh products across women’s wear, men’s wear, jewellery, accessories, and kids’ wear from 1,312 active designer brands. Moreover, the website also features some of the well-known designers like Seema Gujral, Anushree Reddy, Amit Aggarwal, and Rohit Gandhi & Rahul Khanna. Moreover, the firm has served over 200,000 unique customers across 140 countries between FY23 and FY25. In fact, in FY25, the business reported 18.57 million unique visitors, 70,651 customers, and 104,856 orders across 100 countries.
Company Contact Information
Purple Style Labs Ltd., CTS No. 1081, Plot no. 110 TPS Village, Service Road, Western Express Highway,, Vile Parle East, Mumbai, Maharashtra, 400057
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India | 363.29 |
| Funding towards sales and marketing expenses to be incurred by the Company | 128.00 |
| General corporate purposes | - |
Resources & Documents
Anchor Investors
Purple Style Labs IPO - Quick Take
Purple Style Labs has set a price band of Rs 546–Rs 575 per share for an issue size of Rs 680 crore. The stock listed with a 6.96% discount versus its issue price on September 07, 2026.
The issue is promoted by Abhishek Agarwal with Axial Capital Pvt. Ltd., IIFL Capital Services Ltd. acting as lead manager. Net proceeds will primarily be used towards investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, a… (Rs 363 crore) and funding towards sales and marketing expenses to be incurred by the Company (Rs 128 crore).
On fundamentals, the company is posting revenue growth of 14.8%, a profit margin of 50.3% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Purple Style Labs IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was -1.7%. Of the 15 Mainboard IPOs we have tracked with a final GMP below zero, 2 listed above, 0 flat and 13 below the issue price; Purple Style Labs listed 7% below its issue price.
See the full Purple Style Labs GMP history and trend, or learn how grey market premium works and how reliable it is.
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