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The Economic Times
The Economic Times
Ritesh Presswala

Pernia’s Pop-Up Studio parent Purple Style Labs sets IPO price band at Rs 546–575; subscription opens August 31

Purple Style Labs IPO Sachin Tendulkar Luxury Madhuri Dixit Mahesh Babu Pernia PopUp Shop Salman Khan Shah Rukh Khan India

Purple Style Labs, the parent company of luxury fashion platform Pernia’s Pop-Up Studio, has fixed the price band for its Rs 680 crore initial public offering (IPO) at Rs 546–Rs 575 per equity share. The IPO will open for subscription on August 31 and close on September 2, offering investors an opportunity to participate in the company’s next phase of expansion.

The issue consists entirely of a fresh issue of 1.18 crore equity shares, aggregating to Rs 680 crore at the upper end of the price band.

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