Purple Style Labs IPO GMP Today
Expected Gain: 4.87%
Purple Style Labs IPO GMP Today, 30 August 2026
Purple Style Labs IPO GMP today is ₹28. The latest grey market premium is reported at ₹28 per share on 30 August 2026.
Purple Style Labs IPO has a price band of ₹546 to ₹575 per share. Based on the upper price band of ₹575 and the current GMP of ₹28, the estimated listing price is ₹603 per share.
At the current GMP, the estimated listing gain is approximately 4.87% over the IPO upper price of ₹575.
The IPO is scheduled to open for subscription on 31 August 2026 and close on 2 September 2026. The tentative listing date is 7 September 2026.
The GMP is an unofficial indicator of grey-market sentiment. It can change before the IPO listing and should not be considered a guarantee of the actual listing price.
Purple Style Labs IPO Expected Listing Price
IPO Upper Price Band: ₹575
Latest GMP: ₹28
Therefore, the current GMP indicates an estimated listing price of ₹603 per share.
Estimated gain over the upper IPO price: 4.87%
Purple Style Labs IPO GMP Trend
Purple Style Labs IPO GMP is currently reported at ₹28 as of 30 August 2026.
The latest available GMP indicates a premium of ₹28 per share over the IPO upper price band of ₹575.
Since only the latest GMP of ₹28 has been provided, previous-day GMP figures have not been included in the table below.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
|
30-Aug-2026
Latest |
₹575 | ₹28 | ₹603 | 4.87% | ₹728 | Latest GMP |
* Estimated listing price is calculated using the IPO upper price band plus the reported GMP. Estimated profit per lot is calculated using GMP × lot size. The Purple Style Labs IPO lot size is 26 shares. GMP-based estimates are indicative and may differ from the actual listing price.
Purple Style Labs IPO Details
| IPO Name | Purple Style Labs IPO |
| IPO Type | Book Building Issue |
| Issue Type | Fresh Issue |
| Exchange | BSE, NSE |
| Open Date | 31 August 2026 |
| Close Date | 2 September 2026 |
| Allotment Date | 3 September 2026 |
| Listing Date | 7 September 2026 |
| Price Band | ₹546 to ₹575 per share |
| Face Value | ₹10 per share |
| Lot Size | 26 Shares |
| Minimum Investment | ₹14,950 |
| Total Issue Size | ₹680 crore |
| Fresh Issue | 1,18,26,086 shares aggregating up to ₹680 crore |
| Offer for Sale | Nil |
| Market Cap at Upper Price | ₹4,639.63 crore |
| Latest GMP | ₹28 |
| Previous GMP | Not available |
| GMP Change | Not available |
| Estimated Listing Price | ₹603 |
| Estimated Gain | 4.87% |
| Estimated Profit Per Lot | ₹728 |
| Lead Managers | Axis Capital Ltd. and IIFL Capital Services Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Last GMP Update | 30 August 2026 |
Purple Style Labs IPO GMP Profit Estimate
Based on the latest GMP of ₹28 and the IPO upper price band of ₹575, the estimated listing price is ₹603 per share.
| Particular | Calculation | Amount |
|---|---|---|
| IPO Investment | ₹575 × 26 Shares | ₹14,950 |
| Estimated Listing Value | ₹603 × 26 Shares | ₹15,678 |
| Estimated Gain | ₹15,678 − ₹14,950 | ₹728 |
If the GMP remains at ₹28 until listing, one lot of 26 shares would indicate an estimated GMP-based gain of approximately ₹728.
Purple Style Labs IPO GMP Update
GMP Date: 30 August 2026
Latest GMP on 30 August 2026: ₹28
The latest reported grey-market premium is ₹28 per share.
At the latest GMP of ₹28, the estimated listing price is ₹603, representing an indicative gain of 4.87% over the upper IPO price of ₹575.
What Is Purple Style Labs IPO GMP?
IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock-market listing.
A positive GMP may indicate positive market sentiment and expectations of a premium listing. However, GMP is unofficial, unregulated and can change rapidly before the listing date.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹575 + ₹28 = ₹603
Estimated Gain = (₹28 ÷ ₹575) × 100 = 4.87%
Estimated Profit Per Lot = ₹28 × 26 = ₹728
GMP should only be considered an indicative market-sentiment indicator. The actual listing price can be significantly different from the GMP-based estimate.
About Purple Style Labs Ltd.
Incorporated in August 2015, Purple Style Labs Limited is a multi-brand luxury omni-channel fashion platform operating under Pernia’s Pop-Up Shop (PPUS). The company offers a curated portfolio of luxury fashion products across womenswear, menswear, jewellery, accessories and kidswear, with a focus on wedding and occasion wear.
As of 31 March 2026, the company sourced products from 1,109 active designer brands, including Seema Gujral, Anushree Reddy, Amit Aggarwal and Rohit Gandhi & Rahul Khanna.
The company operates through an omni-channel business model comprising Experience Centers, its website, mobile application, telephonic and digital sales channels, events and exhibitions. As of 31 March 2026, it had 14 Experience Centers globally, including 12 in India and one each in London and New York.
During Fiscal 2024–2026, the company served more than 200,000 unique customers. In Fiscal 2026, it recorded ₹7,215.62 million in Total PPUS GMV and an average order value of ₹75,504.88.
The company has established an international presence serving customers across India, the US, UK, Middle East, Australia and other markets.
Purple Style Labs IPO Key Strengths
✓ Multi-brand omni-channel luxury platform with a wide portfolio of products and strong designer relationships.
✓ Omni-channel business model focused on operational efficiency.
✓ Robust international presence.
✓ Strong customer retention and network effects supporting monetization.
✓ Experienced management team and Board.
Purple Style Labs IPO Objects of the Issue
The company proposes to utilise the Net Proceeds from the issue towards the following objects:
| # | Issue Object | Amount |
|---|---|---|
| 1 | Investment in wholly owned subsidiary, PSL Retail, for expenditure towards lease liabilities of Experience Centers and back-end offices in India | ₹371.13 Cr. |
| 2 | Funding towards sales and marketing expenses to be incurred by the company | ₹138.90 Cr. |
| 3 | General Corporate Purposes | – |
| Total | ₹510.03 Cr. | |
IPO GMP is based on unofficial grey-market indications and is provided for informational purposes only. GMP can change rapidly and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and reported GMP. Investors should conduct their own research and due diligence before making any investment decision.