Purple Style Labs has raised Rs 306 crore from anchor investors ahead of its IPO, which opens for subscription on Monday, August 31, and closes on Wednesday, September 2. The company allotted 53.21 lakh shares to 10 anchor investors at Rs 575 per share.
The anchor book saw participation from domestic and global institutional investors, including ICICI Prudential Mutual Fund, Jupiter India Fund, The Jupiter Global Fund – Jupiter India Select, Aditya Birla Sun Life Insurance Company, ITI Multi Cap Fund, ITI Flexi Cap Fund, Singularity Equity Fund I, Integrated Core Strategies Asia, Morgan Stanley Asia Singapore and BoFA Securities Europe SA – ODI.
