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Purple Style Labs IPO Subscription

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Updated 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.

Issue Price
Rs 575.00
GMP Today
Rs -10.00 (-1.74%)
Overall Sub
1.36x
Issue Size
₹680.00 Cr
Allotment
3 Sept 2026
Listing
7 Sept 2026

Purple Style Labs IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 31 Aug 20260.01x0.06x0.56x0.12x
Day 2 - 1 Sept 20260.06x0.13x0.98x0.25x
Day 3 - 2 Sept 20261.50x0.89x1.66x1.36x

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.

CategorySubscription (Apps)Allotment Chances
Retail1.38x1 in 1
SHNI (Rs 2L to Rs 10L)0.47xVery high
BHNI (above Rs 10L)0.04xVery 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

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 204.00 CrRs 306.32 Cr1.50x
FII-Rs 136.20 Cr-
DFI-Rs 70.02 Cr-
Mutual Funds-Rs 89.70 Cr-
Other-Rs 10.39 Cr-
NIIRs 102.00 CrRs 90.54 Cr0.89x
bNII (above Rs 10L)Rs 68.00 CrRs 72.01 Cr1.06x
Corporate-Rs 28.85 Cr-
Individual-Rs 42.06 Cr-
Other-Rs 1.10 Cr-
sNII (Rs 2L to Rs 10L)Rs 34.00 CrRs 18.53 Cr0.55x
Corporate-Rs 37.52 L-
Individual-Rs 17.34 Cr-
Other-Rs 81.33 L-
RetailRs 68.00 CrRs 112.97 Cr1.66x
Cut-off price-Rs 100.45 Cr-
Fixed price-Rs 12.52 Cr-
TotalRs 374.00 CrRs 509.83 Cr1.36x

Purple Style Labs IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB35,47,826140.00x
FII-6-
DFI-2-
Mutual Funds-1-
Other-5-
NII4,8738870.18x
bNII (above Rs 10L)3,2491240.04x
Corporate-11-
Individual-106-
Other-7-
sNII (Rs 2L to Rs 10L)1,6247630.47x
Corporate-15-
Individual-710-
Other-38-
Retail45,48562,6291.38x
Cut-off price-55,537-
Fixed price-7,092-
Total35,98,18463,5300.02x

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

EventDate
IPO Open Date31 August 2026
IPO Close Date2 September 2026
Allotment Date3 September 2026
Refund Initiation4 September 2026
Share Credit to Demat4 September 2026
Listing Date7 September 2026
Minimum InvestmentRs 14,950.00
Lot Size26 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.

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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.