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Purple Style Labs IPO Subscription Status

Q: 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.

Q: 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.

Q: 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%.

Q: 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.

Q: 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.

Q: 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.

Q: 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.

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.

Full Details Check GMP

Live Subscription Data
Day-wise Subscription History
Allotment Probability
What Does This Subscription Data Mean?
Frequently Asked Questions

Total Subscription

1.29 x

61,323 applications

QIB 1.43x

BHNI 1.01x

SHNI 0.52x

Retail 1.58x

Live Bidding

Category	Offered	Applied	Amount (Cr)	Bid Details	TIMES
QIB	37,36,264	53,27,218	306.32 Cr	53,27,218 of 37,36,264 8 applications 306.32 Cr	1.43x
1(a) Foreign Institutional Investors (FIIs)		23,68,730	136.20 Cr	23,68,730 136.20 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		12,17,736	70.02 Cr	12,17,736 70.02 Cr
1(c) Mutual Funds		15,60,000	89.70 Cr	15,60,000 89.70 Cr
1(d) Others		1,80,752	10.39 Cr	1,80,752 10.39 Cr
NII	18,68,131	15,74,612	90.54 Cr	15,74,612 of 18,68,131 856 applications 90.54 Cr	0.84x
2.1 Big NII — bid amount above ₹10 Lakh	12,45,421	12,52,342	72.01 Cr	12,52,342 123 applications 72.01 Cr	1.01
2.1(a) Corporates		5,01,748	28.85 Cr	5,01,748 28.85 Cr
2.1(b) Individuals (other than RIIs)		7,31,484	42.06 Cr	7,31,484 42.06 Cr
2.1(c) Others		19,110	1.10 Cr	19,110 1.10 Cr
2.2 Small NII — bid amount ₹2–10 Lakh	6,22,710	3,22,270	18.53 Cr	3,22,270 733 applications 18.53 Cr	0.52
2.2(a) Corporates		6,526	0.38 Cr	6,526 0.38 Cr
2.2(b) Individuals (other than RIIs)		3,01,600	17.34 Cr	3,01,600 17.34 Cr
2.2(c) Others		14,144	0.81 Cr	14,144 0.81 Cr
Retail	12,45,421	19,64,742	112.97 Cr	19,64,742 of 12,45,421 60,459 applications 112.97 Cr	1.58x
TOTAL	68,49,816	88,66,572	509.83 Cr	88,66,572 61,323 applications 509.83 Cr	1.29x

Last Updated: 08 Sep 2026, 01:37 PM

Purple Style Labs IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹575.

FINAL

Applications

61,333

Allottees

47,413

Overall Odds

1 in 1.3

Amount Collected

₹808 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 1.20x subscribed	18	1,06,41,774 ₹611 Cr	90,75,174 1.20x subscribed	18	AllAll allotted
Ex. Anchor Ex. Anchor	8	53,20,016	37,53,435 · 1.50x	8	AllAll allotted
Anchor Anchor Investors	10	53,21,758	53,21,739 · 1.00x	10	AllAll allotted
NII (HNI) 0.87x subscribed	856	15,40,890 ₹88 Cr	15,40,890 0.87x subscribed	856	AllAll allotted
bNII >₹10L bNII — above ₹10 Lakh	123	12,29,202	12,29,202 · 1.04x	123	AllAll allotted
sNII <₹10L sNII — below ₹10 Lakh	733	3,11,688	3,11,688 · 0.53x	733	AllAll allotted
Retail 1.59x subscribed	60,459	18,77,694 ₹107 Cr	12,10,022 1.59x subscribed	46,539	1 in 1.31 in 1.3
TOTAL 1.19x subscribed	61,333	1,40,60,358	1,18,26,086 1.19x subscribed	47,413	1 in 1.31 in 1.3

Subscription Insights

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

Subscription trends over the last 3 days

Date	Total	QIB	BHNI	SHNI	Retail
02 Sep 2026 DAY 3	1.29x	1.43x	1.01x	0.52x	1.58x
QIB 1.43x BHNI 1.01x SHNI 0.52x Retail 1.58x
01 Sep 2026 DAY 2	0.24x	0.06x	0.09x	0.21x	0.93x
QIB 0.06x BHNI 0.09x SHNI 0.21x Retail 0.93x
31 Aug 2026 DAY 1	0.12x	0.01x	0.02x	0.13x	0.53x
QIB 0.01x BHNI 0.02x SHNI 0.13x Retail 0.53x

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Anchor Investor Allocation

Breakdown of shares allotted to anchor investors before the IPO opening

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	ICICI PRUDENTIAL SMALLCAP FUND	ICICI PRUDENTIAL MUTUAL FUND	1530412	₹88.00 Cr	28.76%	12.94%
2	ADITYA BIRLA SUN LIFE INSURANCE CO.LTD.	ADITYA BIRLA SUN LIFE INSURANCE	1182584	₹68.00 Cr	22.22%	10.00%
3	JUPITER INDIA FUND	JUPITER	863746	₹49.67 Cr	16.23%	7.30%
4	BOFA SECURITIES EUROPE SA-ODI	BOFA SECURITIES	486954	₹28.00 Cr	9.15%	4.12%
5	JUPITER GLOBAL FUND,THE-JUPITER INDIA SELECT	JUPITER	440596	₹25.33 Cr	8.28%	3.73%
6	INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.	INTEGRATED CORE	260858	₹15.00 Cr	4.90%	2.21%
7	MORGAN STANLEY ASIA (SINGAPORE) PTE.	MORGAN STANLEY	173914	₹10.00 Cr	3.27%	1.47%
8	SINGULARITY EQUITY FUND I	SINGULARITY	173895	₹10.00 Cr	3.27%	1.47%
9	ITI MULTI CAP FUND	ITI MUTUAL FUND	104390	₹6.00 Cr	1.96%	0.88%
10	ITI FLEXI CAP FUND	ITI MUTUAL FUND	104390	₹6.00 Cr	1.96%	0.88%
	Total		5,321,739	₹306.00 Cr	100.00%

Purple Style Labs IPO Allotment Probability

Retail (up to ₹2 L)

1 in 2

~79.2% chance per PAN — 60,459 applicants for 47,900 allotment slots. Winners get exactly 1 lot (₹14,950) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

Full allotment

0.52x — undersubscribed. Valid S-HNI bids should be allotted in full.

Big HNI (above ₹10 L)

1 in 2

~99% chance — based on 1.01x subscription. Lottery allots the minimum B-HNI application of 67 lots (₹10 L) per winner; the rest is proportionate.

QIB (institutions)

1.43x

Proportionate allotment — at 1.43x, institutions receive ~69.9% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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:

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.
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.
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.
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 Questions

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.