Purple Style Labs IPO Allotment Status: Check Online via KFin Technologies, BSE & NSE

Purple Style Labs IPO allotment is scheduled for Thursday, 3 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: expected to be finalised on Thursday, 3 September 2026.
• Registrar: KFin Technologies Ltd. — check status there first, or via BSE/NSE.
• Listing date: tentatively set for Monday, 7 September 2026 on both BSE and NSE.
• Price band and lot size: ₹546–₹575 per share, in lots of 26 shares.
• Issue structure: entirely a ₹680 crore fresh issue — there is no offer-for-sale component.
• Use of proceeds: primarily funds lease liabilities for Experience Centres and back-end offices, plus sales & marketing and general corporate purposes.

Purple Style Labs IPO: Key Details at a Glance

What Is the Purple Style Labs IPO Timeline?

When Will Purple Style Labs IPO Allotment Be Out?

Purple Style Labs IPO bidding closes on Wednesday, 2 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Thursday, 3 September 2026. Refunds for non-allottees (ASBA amounts are unblocked automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected on Friday, 4 September 2026. Listing on BSE and NSE is tentatively set for Monday, 7 September 2026 rather than the following Sunday, since 5–6 September 2026 fall on a weekend and the listing date shifts to the next working day.

How to Check Purple Style Labs IPO Allotment Status

Method 1: Via KFin Technologies Ltd. (Registrar)

KFin Technologies Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the KFin Technologies Ltd. IPO allotment status page.
• Select “Purple Style Labs Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Purple Style Labs Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Purple Style Labs Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Purple Style Labs. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Purple Style Labs IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Friday, 4 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same T+2 timeline.

What Will Purple Style Labs Do With the IPO Proceeds?

Purple Style Labs’ IPO is entirely a fresh issue, so the full ₹680 crore raised goes to the company itself rather than to any selling shareholder; there is no OFS component splitting off part of the proceeds. Per the RHP, around ₹371.13 crore is earmarked for its subsidiary PSL Retail’s lease liabilities on Experience Centres and back-end offices, roughly ₹138.90 crore for sales and marketing expenses through FY27–FY30, and the remainder for general corporate purposes.

Who Is Purple Style Labs Limited?

Purple Style Labs (PSL) was founded in 2015 by Abhishek Agarwal, an IIT Bombay aerospace-engineering graduate, with Anjana Sharma as creative head, to bridge the gap between Indian fashion designers and luxury retail customers. It started as a multi-designer online platform before acquiring Pernia’s Pop-Up Shop in 2018, which became its primary growth vehicle, and later adding the Wendell Rodricks label in 2021. Today, PSL operates as an omnichannel luxury fashion house focused on wedding and occasion wear, running Pernia’s Pop-Up Shop, an online marketplace for 500+ designer brands, alongside 12 physical Experience Centres across Indian metros and international locations. Abhishek Agarwal is the company’s sole promoter, holding roughly 26% of the company on a pre-issue basis.

Related Reading on Share.Market

Purple Style Labs is one of several IPOs currently open or upcoming. Track live and upcoming mainboard and SME IPOs on the Share.Market IPO page, and read our related guides on how to check IPO allotment status, how to invest in an IPO and how many lots to apply for to improve your chances of allotment.

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