News › Markets · 28 Aug 2026, 9:13 PM IST · 3 days ago

Purple Style Labs raises ₹306 crore from anchor investors ahead of IPO launch on Monday

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In one line — Purple Style Labs Limited raised ₹306 crore by allotting 5,321,739 equity shares at ₹575 each to 10 anchor investors. The IPO opens on August 31, 2026, aiming to raise ₹680 crore, with a minimum investment of ₹14,950 for

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Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 9:40 PM IST

What Happened

Purple Style Labs Limited raised ₹306 crore by allotting 5,321,739 equity shares at ₹575 each to 10 anchor investors. The IPO opens on August 31, 2026, aiming to raise ₹680 crore, with a minimum investment of ₹14,950 for retail investors.