Varda Khade
Shanti Inorganics IPO Booked 142.16 Times on Final Day
by Varda Khade
Purple Style Labs IPO Subscription Hits 1.36x on Final Day
5paisa Capital Ltd
- 0 min read
Last Updated: 2nd September 2026 - 04:52 pm
Purple Style Labs IPO was subscribed 1.36 times by 5:06 PM on Day 3, September 2, 2026. The public issue received bids for 88,19,772 shares against 65,04,348 shares available for subscription, based on the provided subscription data.
Retail Investors led the bidding on the final day, with their reserved portion subscribed 1.63 times. The Qualified Institutional Buyers (QIB) category was subscribed 1.50 times, while the Non-Institutional Investors (NII) portion was booked 0.88 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Purple Style Labs IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (August 31) | 0.01 | 0.06 | 0.56 | 0.12 |
| Day 2 (August 1) | 0.06 | 0.13 | 0.98 | 0.25 |
| Day 3 (September 2) | 1.50 | 0.88 | 1.63 | 1.36 |
Here are the subscription details for Purple Style Labs IPO Day 3, as of 5:06 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 53,21,739 | 53,21,739 | 306.000 |
| QIB | 1.50 | 35,47,826 | 53,27,218 | 306.315 |
| NII | 0.88 | 17,73,913 | 15,64,186 | 89.941 |
| Retail | 1.63 | 11,82,609 | 19,28,368 | 110.881 |
| Total | 1.36 | 65,04,348 |
88,19,772 |
507.137 |
Key Highlights – Day 3
- Purple Style Labs IPO was subscribed 1.36 times overall by 5:06 PM on Day 3.
- Retail Investors recorded 1.63 times subscription.
- The QIB category was subscribed 1.50 times.
- The NII portion received 0.88 times subscription.
Key Highlights – Day 2
- Purple Style Labs IPO was subscribed 0.25 times overall on Day 2.
- Retail Investors recorded 0.98 times subscription.
- The NII portion received 0.13 times subscription.
- The QIB category was subscribed 0.06 times.
Key Highlights – Day 1
- Purple Style Labs IPO was subscribed 0.12 times overall on Day 1.
- Retail Investors recorded 0.56 times subscription.
- The NII portion received 0.06 times subscription.
- The QIB category was subscribed 0.01 times.
About Purple Style Labs
Incorporated in 2010, Purple Style Labs Limited operates a multi-brand luxury fashion platform serving customers across India and international markets through online and physical channels. The company operates Pernia’s Pop-Up Shop, offering products across womenswear, menswear, jewellery, accessories and kidswear, with a focus on wedding and occasion wear. As of March 31, 2026, its platform featured products from 1,109 active designer brands.
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