About the Purple Style Labs IPO
Purple Style Labs is a Mainboard issue listing on Equity with an issue size of 680. The price band is ₹546-575 per share and one lot is 26 shares. Bidding runs from 31 Aug 2026 to 2 Sep 2026. The minimum application is one lot, which costs ₹14,950 at the upper band.
What the GMP implies
At the last recorded GMP of ₹-10, the grey market is pricing Purple Style Labs at about ₹565 on listing, against the upper price band of ₹575, or roughly ₹-,260 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Purple Style Labs IPO key dates
| Bidding opens | 31 Aug 2026 |
| Bidding closes | 2 Sep 2026 |
| Allotment | 3 Sep 2026 |
| Refunds start | 4 Sep 2026 (expected) |
| Shares credited to demat | 4 Sep 2026 (expected) |
| Listing | 7 Sep 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 26 | ₹14,950 |
| Retail (max) | 13 | 338 | ₹1,94,350 |
| Small HNI (min) | 14 | 364 | ₹2,09,300 |
| Small HNI (max) | 66 | 1,716 | ₹9,86,700 |
| Big HNI (min) | 67 | 1,742 | ₹10,01,650 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Purple Style Labs, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 3 Sep 2026 using the button above.