Purple Style Labs Sets ₹546-₹575 Price Band for ₹680 Crore IPO

26 Aug 2026, 10:10 am · 17d ago · 1 min read · Inc42

Amount

₹680 Cr

Stage

IPO

Luxury fashion platform Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has set a price band of ₹546 to ₹575 per share for its ₹680 crore initial public offering. At the upper band, the company is valued at ₹4,604 crore ($483 million). The IPO opens for subscription on August 31, 2026, and closes on September 2, consisting entirely of a fresh issue of shares. Founded in 2015 by Abhishek Agarwal, the company plans to deploy ₹371.1 crore toward experience centre lease liabilities and ₹138.9 crore toward sales and marketing initiatives.