Purple Style Labs IPO Subscription Status
Purple Style Labs IPO was subscribed 1.29 times when bidding closed on 2 Sep 2026: QIB 1.43x, NII 0.84x, Retail 1.58x.
The Purple Style Labs IPO has been subscribed 1.29x times overall. Retail investors have shown interest with bids for 1.58x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.84x. Within NII, Big HNI (B-HNI) subscribed 1.01x and Small HNI (S-HNI) subscribed 0.52x. Qualified Institutional Buyers (QIBs) have subscribed 1.43x. Data last updated on 08 Sep, 01:37 PM.
The IPO subscription period has ended. The issue opened on 31 Aug, 2026 and closes on 02 Sep, 2026. The shares are expected to list on stock exchanges on 07 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 53,27,218 of 37,36,264 8 applications 306.32 Cr | 1.43x |
| NII | 15,74,612 of 18,68,131 856 applications 90.54 Cr | 0.84x |
| Retail | 19,64,742 of 12,45,421 60,459 applications 112.97 Cr | 1.58x |
| TOTAL | 88,66,572 61,323 applications 509.83 Cr | 1.29x |
Purple Style Labs IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹575.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 1.20x subscribed | 18 | 18 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
8 | 8 | AllAll allotted |
|
Anchor
Anchor Investors
|
10 | 10 | AllAll allotted |
| NII (HNI) 0.87x subscribed | 856 | 856 | AllAll allotted |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
123 | 123 | AllAll allotted |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
733 | 733 | AllAll allotted |
| Retail 1.59x subscribed | 60,459 | 46,539 | 1 in 1.31 in 1.3 |
| TOTAL 1.19x subscribed | 61,333 | 47,413 | 1 in 1.31 in 1.3 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 63.3% for a single lot.
Caution Advised
The stock is trading at a discount (-1.74%) in the grey market, signaling potential listing at or below the issue price.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
02 Sep 2026
Day 3 |
1.29x | ▼ | |
|
QIB1.43x
BHNI1.01x
SHNI0.52x
Retail1.58x
|
|||
|
01 Sep 2026
Day 2 |
0.24x | ▼ | |
|
QIB0.06x
BHNI0.09x
SHNI0.21x
Retail0.93x
|
|||
|
31 Aug 2026
Day 1 |
0.12x | ▼ | |
|
QIB0.01x
BHNI0.02x
SHNI0.13x
Retail0.53x
|
|||
Purple Style Labs IPO dates
From the bidding window to listing. Today is 13 October.
- Open 31 Aug 2026
- Close 02 Sep 2026
- Allotment 03 Sep 2026
- Refund/credit 04 Sep 2026
- Listing 07 Sep 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | ICICI PRUDENTIAL SMALLCAP FUND | ICICI PRUDENTIAL MUTUAL FUND | ₹88.00 Cr | 28.76% | |
| 2 | ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. | ADITYA BIRLA SUN LIFE INSURANCE | ₹68.00 Cr | 22.22% | |
| 3 | JUPITER INDIA FUND | JUPITER | ₹49.67 Cr | 16.23% | |
| 4 | BOFA SECURITIES EUROPE SA-ODI | BOFA SECURITIES | ₹28.00 Cr | 9.15% | |
| 5 | JUPITER GLOBAL FUND,THE-JUPITER INDIA SELECT | JUPITER | ₹25.33 Cr | 8.28% | |
| 6 | INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. | INTEGRATED CORE | ₹15.00 Cr | 4.90% | |
| 7 | MORGAN STANLEY ASIA (SINGAPORE) PTE. | MORGAN STANLEY | ₹10.00 Cr | 3.27% | |
| 8 | SINGULARITY EQUITY FUND I | SINGULARITY | ₹10.00 Cr | 3.27% | |
| 9 | ITI MULTI CAP FUND | ITI MUTUAL FUND | ₹6.00 Cr | 1.96% | |
| 10 | ITI FLEXI CAP FUND | ITI MUTUAL FUND | ₹6.00 Cr | 1.96% | |
| TOTAL | ₹306.00 Cr | 100.00% |
Purple Style Labs IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Purple Style Labs IPO?
As of IPO close date (02 Sep, 2026), the Purple Style Labs IPO is subscribed 1.29x times. Retail category is 1.58x, and NII is 0.84x subscribed.
When is the allotment date for Purple Style Labs IPO?
The allotment for Purple Style Labs IPO is expected to be finalized on 03 September, 2026.
What is the GMP of Purple Style Labs?
The Grey Market Premium (GMP) for Purple Style Labs is currently ₹-10, indicating a potential listing gain of -1.74%.
When will Purple Style Labs IPO list on the stock market?
Purple Style Labs is scheduled to list on BSE and NSE on 07 September, 2026.
What are the chances of getting allotment in Purple Style Labs IPO?
The retail category is oversubscribed at 1.58x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.43x mean for Purple Style Labs IPO?
Moderate — QIBs have subscribed 1.43x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Purple Style Labs IPO allotment status?
After the allotment date (03 Sep, 2026), you can check your Purple Style Labs IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Purple Style Labs IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
