Subscription Status · Aug 31 – Sep 02, 2026 · ₹546–575
The Purple Style Labs IPO subscription has recorded limited investor demand with an overall subscription of 0.22× as of Sep 02, 2026, indicating that investors applied for 0.22 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Sep 02, 2026, 5:11 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
3,547,826 | 579,436 |
0.16×
|
|
NII
Non-Institutional Investors
|
1,773,913 | 92,950 |
0.05×
|
|
bNII
Bids above ₹10L
|
1,182,609 | 27,092 |
0.02×
|
|
sNII
Bids below ₹10L
|
591,304 | 65,858 |
0.11×
|
|
Retail
Retail Individual Investors
|
1,182,609 | 778,856 |
0.66×
|
|
Total
|
6,504,348 | 1,451,242 |
0.22×
|
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,547,826 | 35,152 | 0.01× |
| NII | 1,773,913 | 106,704 | 0.06× |
| bNII | 1,182,609 | 26,286 | 0.02× |
| sNII | 591,304 | 80,418 | 0.14× |
| Retail | 1,182,609 | 664,924 | 0.56× |
| Total | 6,504,348 | 806,780 | 0.12× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,547,826 | 215,904 | 0.06× |
| NII | 1,773,913 | 238,680 | 0.13× |
| bNII | 1,182,609 | 108,914 | 0.09× |
| sNII | 591,304 | 129,766 | 0.22× |
| Retail | 1,182,609 | 1,163,188 | 0.98× |
| Total | 6,504,348 | 1,617,772 | 0.25× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,547,826 | 579,436 | 0.16× |
| NII | 1,773,913 | 92,950 | 0.05× |
| bNII | 1,182,609 | 27,092 | 0.02× |
| sNII | 591,304 | 65,858 | 0.11× |
| Retail | 1,182,609 | 778,856 | 0.66× |
| Total | 6,504,348 | 1,451,242 | 0.22× |
As of September 02, 2026, the Purple Style Labs IPO has been subscribed 0.22 times overall. The IPO subscription is below 1×.
The Purple Style Labs IPO subscription window was open from August 31, 2026 to September 02, 2026. Investors could apply through their demat account or ASBA facility.
The Purple Style Labs IPO has a price band of ₹546 to ₹575 per share, with a lot size of 26 shares. Minimum retail investment: ₹14,196 (lower band) or ₹14,950 (upper band).
The QIB category has been subscribed 0.16 times. QIBs were offered 3,547,826 shares.
Retail investors subscribed 0.66 times. Retail was offered 1,182,609 shares. Below 1× indicates moderate retail interest.
Overall NII: 0.05×. bNII (>₹10L): 0.02×, sNII (<₹10L): 0.11×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 03, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Purple Style Labs IPO is expected to list on September 07, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 0.22× means investors have bid for 0.22 times the total shares available. The IPO is not yet fully subscribed, applicants have a higher probability of receiving full allotment.
Based on the current retail subscription of 0.66×, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Purple Style Labs IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 31 to Sep 02, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Purple Style Labs IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Aug 31, 2026Subscription Closes Done
Sep 02, 2026Basis of Allotment Done
Sep 03, 2026Listing on NSE,BSE Done
Sep 07, 2026Applicants likely to get full allotment. Based on retail subscription of 0.66×.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.