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Purple Style Labs raises ₹306 Cr from anchors ahead of ₹680 Cr IPO

Luxury omnichannel fashion platform Purple Style Labs, parent of Pernia’s Pop-Up Shop, raised ₹306 crore from anchor investors ahead of its ₹680 crore fresh-issue IPO. Proceeds will support experience-centre lease liabilities and marketing through FY30.

Channel facts

From the report. Source details below

FY26 net loss ₹285.4 Cr, up 51.5%
FY26 operating revenue ₹557.8 Cr, up nearly 14%

Also in the report

  • 53.2 lakh equity shares allotted
  • ₹575 per share anchor price
  • ₹100 Cr allocated to domestic mutual funds
  • 32.68% of anchor allocation
  • IPO price band ₹546-₹575 per share
  • ₹4,604 Cr valuation at upper price band
  • 1,109 active designer brands

Other figures

  • 10 anchor investors
  • 12 experience centres

The source

Source Read the source at Inc42

Published

Also reported by Mint, Business Standard, The Hindu BusinessLine, NDTV Profit, Entrackr, IndianWeb2

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