
Purple Style Labs IPO Subscription
ListedUpdated 7 September 2026, 9:15 AM IST· Mainboard
Purple Style Labs IPO subscription closed on 2 September 2026 at 1.36x overall by shares. QIB demand came in at 1.50x, NII at 0.89x, and retail at 1.66x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 3 September 2026. Listing date on NSE and BSE is 7 September 2026.
Purple Style Labs IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 31 Aug 2026 | 0.01x | 0.06x | 0.56x | 0.12x |
| Day 2 - 1 Sept 2026 | 0.06x | 0.13x | 0.98x | 0.25x |
| Day 3 - 2 Sept 2026 | 1.50x | 0.89x | 1.66x | 1.36x |
Purple Style Labs IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Purple Style Labs IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 1.38x | 1 in 1 |
| SHNI (Rs 2L to Rs 10L) | 0.47x | Very high |
| BHNI (above Rs 10L) | 0.04x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Purple Style Labs IPO Allotment Status page from 3 September 2026 for your result.
Purple Style Labs IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 575.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 204.00 Cr | Rs 306.32 Cr | 1.50x |
| FII | - | Rs 136.20 Cr | - |
| DFI | - | Rs 70.02 Cr | - |
| Mutual Funds | - | Rs 89.70 Cr | - |
| Other | - | Rs 10.39 Cr | - |
| NII | Rs 102.00 Cr | Rs 90.54 Cr | 0.89x |
| bNII (above Rs 10L) | Rs 68.00 Cr | Rs 72.01 Cr | 1.06x |
| Corporate | - | Rs 28.85 Cr | - |
| Individual | - | Rs 42.06 Cr | - |
| Other | - | Rs 1.10 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 34.00 Cr | Rs 18.53 Cr | 0.55x |
| Corporate | - | Rs 37.52 L | - |
| Individual | - | Rs 17.34 Cr | - |
| Other | - | Rs 81.33 L | - |
| Retail | Rs 68.00 Cr | Rs 112.97 Cr | 1.66x |
| Cut-off price | - | Rs 100.45 Cr | - |
| Fixed price | - | Rs 12.52 Cr | - |
| Total | Rs 374.00 Cr | Rs 509.83 Cr | 1.36x |
Purple Style Labs IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 35,47,826 | 14 | 0.00x |
| FII | - | 6 | - |
| DFI | - | 2 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 5 | - |
| NII | 4,873 | 887 | 0.18x |
| bNII (above Rs 10L) | 3,249 | 124 | 0.04x |
| Corporate | - | 11 | - |
| Individual | - | 106 | - |
| Other | - | 7 | - |
| sNII (Rs 2L to Rs 10L) | 1,624 | 763 | 0.47x |
| Corporate | - | 15 | - |
| Individual | - | 710 | - |
| Other | - | 38 | - |
| Retail | 45,485 | 62,629 | 1.38x |
| Cut-off price | - | 55,537 | - |
| Fixed price | - | 7,092 | - |
| Total | 35,98,184 | 63,530 | 0.02x |
What Do These Subscription Numbers Mean?
1.36x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.50x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.18x by applications). Split: SHNI 0.47x, BHNI 0.04x by applications. SHNI and BHNI allotment is by lottery.
At 1.38x subscription by applications, about 1 in 1 retail applicants may get allotment (~73% chance per application). Retail allotment is also by lottery.
Purple Style Labs IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 31 August 2026 |
| IPO Close Date | 2 September 2026 |
| Allotment Date | 3 September 2026 |
| Refund Initiation | 4 September 2026 |
| Share Credit to Demat | 4 September 2026 |
| Listing Date | 7 September 2026 |
| Minimum Investment | Rs 14,950.00 |
| Lot Size | 26 shares |
About Purple Style Labs IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Purple Style Labs IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Purple Style Labs IPO Details
Issue size, price, financials, and company info
Purple Style Labs IPO GMP
Live grey market premium and listing estimate
Purple Style Labs IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Purple Style Labs IPO Allotment
Allotment date, chances, and check by PAN
Purple Style Labs IPO Review
SWOT, strengths, risks, and IPO review
Purple Style Labs IPO FAQ
Common questions on dates, GMP, and allotment
Purple Style Labs IPO Registrar
Registrar website and how to check allotment
Purple Style Labs IPO Timeline
Open, close, allotment, and listing dates
Purple Style Labs IPO News
Updates, blogs, and latest IPO news
Purple Style Labs IPO Subscription FAQs
What is Purple Style Labs IPO subscription status today?
Purple Style Labs IPO subscription closed on 2 September 2026 with overall subscription of 1.36x (by shares) as of 9 September 2026, 5:47 PM IST. QIB 1.50x, NII 0.18x, Retail 1.38x.
What is the overall subscription of Purple Style Labs IPO?
Purple Style Labs IPO is subscribed 1.36x overall by shares at close on 2 September 2026. QIB 1.50x, NII 0.18x, and Retail 1.38x.
What is Purple Style Labs IPO QIB subscription?
Purple Style Labs IPO QIB (Qualified Institutional Buyers) subscription is 1.50x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Purple Style Labs IPO Retail subscription?
Purple Style Labs IPO Retail subscription is 1.38x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Purple Style Labs IPO NII, SHNI, and BHNI subscription?
Purple Style Labs IPO NII subscription is 0.18x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.47x and BHNI (above Rs 10L) at 0.04x.
What are Purple Style Labs IPO retail allotment chances?
At 1.38x subscription by applications, about 1 in 1 retail applicants may get allotment (~73% chance per application). Allotment is by lottery.
What are Purple Style Labs IPO SHNI allotment chances?
Purple Style Labs IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Purple Style Labs IPO BHNI allotment chances?
Purple Style Labs IPO BHNI share subscription is 1.06x. Application data is needed for exact lottery chances.
When is Purple Style Labs IPO allotment date?
Purple Style Labs IPO allotment date is 3 September 2026. Check Purple Style Labs IPO Allotment Status on IPOwiz from that day using your PAN.
When does Purple Style Labs IPO subscription close?
Purple Style Labs IPO subscription closed on 2 September 2026. No new applications are accepted after the close.
What is Purple Style Labs IPO GMP today?
Purple Style Labs IPO GMP is ₹-10 today (-1.74% over issue price ₹575). See live GMP on the Purple Style Labs IPO GMP Today page.
What is Purple Style Labs IPO issue price and lot size?
Purple Style Labs IPO issue price is ₹575 per share. Lot size is 26 shares. Minimum investment is ₹14,950 per lot. Issue size: ₹680.00 Cr.
When is Purple Style Labs IPO listing date?
Purple Style Labs IPO listing date is 7 September 2026 on NSE and BSE. Allotment is on 3 September 2026.
How does subscription affect Purple Style Labs IPO allotment?
In Purple Style Labs IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.36x overall, competition is moderate.
For allotment results from 3 September 2026, visit the Purple Style Labs IPO Allotment Status page. For listing day updates on 7 September 2026, download the IPOwiz App.
Sources
We match Purple Style Labs IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.