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Purple Style Labs Ltd
Registered Office:
CTS No.1081 Plot No.110 TPS(V),Service Rd Western Exp H.Ways,
Mumbai - 400057,
Maharashtra, India.
Phone : +91 22 5033 3600
Fax : NA
Email :
investor.relations@purplestyles.com
Website :
www.purplestylelabs.com
Initial public offering of 11,826,086 equity shares of face value of (
R
s
) 10 each ("Equity Shares") of Purple Style Labs Limited (the "Company" or the "Issuer") for cash at a price of (
R
s
) 575 per equity share (Including a Share Premium of (
R
s
) 565 Per Equity Share) ("Issue Price") aggregating to (
R
s
) 680 Crores (the "Issue") comprising a fresh issue of 11,826,086 equity shares of face value of (
R
s
) 10 each aggregating to (
R
s
) 680 Crores (the "Fresh Issue"). The issue shall constitute 14.77% of the post-issue paid-up equity share capital of the company. Price Band: (
R
s
) 575 per equity share of face value of (
R
s
) 10 each. The floor price 57.5 times the face value of the equity shares, respectively. Bids can be made for a minimum of 26 equity shares of face value of (
R
s
) 10 each and in multiples of 26 equity shares of face value of (
R
s
) 10 each thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
31-Aug-26
02-Sep-26
575.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 26 Further Multiples of : 26
(
R
s
.Cr
)
Lead Managers to the Issue
Project Cost
613.16
Axis Capital Limited
Project Financed through Current Offer
680.00
Post Issue Equity Share Capital
80.06
Issue Price
575.00
Projects
Investment in the wholly owned Subsidiary, PSL Retail for expenditure towards lease liabilities of Experience Centers, and back-end offices in India
Funding towards sales and marketing expenses to be incurred by the Company
General corporate purposes
Promoted By
Abhishek Agarwal
Payal Kumari Agarwal
Priyanka Agarwal
Listing At
BSE
NSE
Registrar to the Issue
KFin Technologies Ltd