India’s wedding and occasion wear market is worth around ₹1,800 billion in FY 2025. It’s been growing steadily at about 12% each year since FY 2020. Purple Style Labs Limited has been in this industry and is now going public.
IIFL Capital Services and Axis Capital will be managing the issue. Also, Kfin Technologies is responsible for registering it. Find out the Purple Style Labs Tech IPO allotment status.
To know more about the IPO, see the Purple Style Labs Limited DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Here's everything about the Purple Style Labs Limited IPO.
Purple Style Labs filed the DRHP with SEBI on September 22, 2025. There is no information related to its opening and closing dates in the DRHP. Therefore, stay tuned for more information.
Let's check out the major risks and strengths to get better reviews:
Huge Range of Designer Styles: The company offers a wide mix of outfits and accessories from over 1,300 designer brands.
Growing Global Reach: With customers in more than 100 countries and a London Experience Centre already running, the brand is becoming a global name in designer fashion.
Loyal Customers: Over 200,000 customers have shopped with the company, showing how much people trust the quality.
Strong Leadership and Expansion Plans: The company keeps growing, with exciting plans like opening a new Experience Centre in New York soon.
Risks
Heavy Dependence on Stores: Most of the company’s sales come from its Experience Centres. If any store faces problems or can’t grow further, it could affect the business.
Online Sales Risk: The company relies a lot on its website and app. If they face technical issues, sales might go down.
Changing Fashion Trends: Since the brand mainly sells wedding and festive wear, any shift in fashion trends or customer choices could affect its demand and profits.
Growth Challenges: If the company can’t reach more customers or open new stores, it may struggle to grow and achieve its future goals.
As of November 12, 2025, the Purple Style Labs IPO GMP hasn’t been updated. You can see the IPO's live GMP and the subscription status. Also, check the Purple Style Labs DRHP before you click on the Apply Now button.
1. How is the Purple Style Labs IPO review?
Purple Style Labs Limited is a fashion brand. The total IPO size of this IPO is ₹6,600.00 million, and the dates are still unavailable. For the latest details, you can also look for the GMP updates.
2. What is the Purple Style Labs IPO date?
The IPO open and the close date are unavailable as of November 12, 2025. Live subscription details can be monitored through FinnPick.
3. What is the Purple Style Labs share price?
The Purple Style Labs Limited IPO share price is unavailable as of November 12, 2025. Also, don't forget to check the Purple Style Labs IPO news.
4. Do I need a demat account to bid for the Purple Style Labs Limited IPO?
Yes, a demat account is required to bid for the Purple Style Labs Limited IPO. Click here to get the ultimate list of the top demat account providers.
