P

Purple Style Labs Ltd.

BSE
closed

₹546–575

₹ 394 Cr

26 Shares

₹ 14,196

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
5,578.384,899.09
92.3140.92
5,670.694,940.01
5,367.044,520.13
-2,853.99-1,883.83
-2,853.99-1,883.83

Subscription Details

1.29xTotal
Subscription
1.57x
0.84x
1.43x
0.00x

IPO Timeline

IPO Offer Start

31 Aug 2026

IPO Offer Ends

2 Sept 2026

TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Investment in our wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities3,711.26
2Funding towards sales and marketing expenses to be incurred by our Company1,389

Promoters

Abhishek Agarwal

Book Running Lead Managers

Axis Capital Ltd.IIFL Capital Services Ltd.

Promoter Shareholding

Pre-IPO

28.26%

Promoter stake

Offered to Public

68,49,816

shares

About the Company

Pernia’s Pop-Up Shop (“PPUS”) is one of the largest and fastest growing multi-brand luxury omni-channel fashion platform in India in terms of revenue in FY 2024, serving customers in India and abroad, according to the 1Lattice Report. Our omni-channel platform includes Experience Centers, the online platforms of PPUS including website, mobile application, other telephonic and digital sales channels and events and exhibitions, among others. In Fiscal 2025, the PPUS Average Order Value (“PPUS AOV”) was ₹56,106.44. We provide carefully curated selections in luxury fashion, sourced from 1,312 Active Designer Brands, as of March 31, 2025. The Designer Brands for which products are available on our platform, include well-known Designer Brands such as Seema Gujral, Anushree Reddy, Amit Aggarwal, Rohit Gandhi & Rahul Khanna and our product categories span across womenswear, menswear, and others including jewelry, accessories and kidswear, with a focus on wedding and occasion wear.

Use of Proceeds

• Investment in our wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India;• Funding towards sales and marketing expenses to be incurred by our Company; and• General corporate purposes.