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Purple Style Labs IPO subscription status

The Purple Style Labs IPO was subscribed 1.36 times in total when bidding closed on 2 September 2026. By category: qualified institutional buyers 1.43 times, non-institutional investors 0.84 times, retail investors 1.58 times. The issue closed oversubscribed, so allotment in the oversubscribed categories was by lottery for retail and proportionate for institutions and non-institutional investors.

Subscription at a glance

Total
1.36 times
QIB
1.43 times
NII
0.84 times
Retail
1.58 times
Bidding
31 August 2026 to 2 September 2026
Figures as of
2 September 2026
Price band
₹546 to ₹575
Lot size
26 shares

Shares offered and bid, by category

CategoryShares offeredShares bidTimes
Retail12,45,421—1.58×
NII18,68,131—0.84×
QIB37,36,264—1.43×

Cumulative bids from the BSE and NSE public-issue platforms. The anchor portion is allotted the day before the issue opens and is not part of the book.

Day by day

DayRetailQIBTotalsHNIbHNINII
Day 1 (31 August 2026)0.55×0.01×0.12×0.13×0.02×0.06×
Day 2 (1 September 2026)0.98×0.06×0.25×0.22×0.09×0.13×
Day 3 (2 September 2026)1.66×1.50×1.36×0.55×1.06×0.89×
Day 4 (3 September 2026)1.66×1.50×1.36×0.55×1.06×0.89×
Day 5 (4 September 2026)1.66×1.50×1.36×0.55×1.06×0.89×
Day 6 (7 September 2026)1.66×1.50×1.36×0.55×1.06×0.89×
Day 7 (9 September 2026)1.66×1.50×1.36×0.55×1.06×0.89×

What the figures mean for allotment

Retail was subscribed about 1.58 times, so roughly one in 2 retail applicants received a lot.

Check the Purple Style Labs IPO allotment status

Questions about the Purple Style Labs IPO subscription

What was the subscription status of the Purple Style Labs IPO?

1.36 times overall: QIB 1.43 times, NII 0.84 times, retail 1.58 times. The figure is the shares bid for divided by the shares offered in that category, from the exchanges' cumulative bid data.

Was the Purple Style Labs IPO oversubscribed?

Yes, 1.36 times overall, and 1.58 times in retail. Above one time, applicants in that category are not guaranteed shares.

What were the chances of a retail allotment in the Purple Style Labs IPO?

Retail was subscribed about 1.58 times, so roughly one in 2 retail applicants received a lot.

What do QIB, NII and retail mean in the Purple Style Labs IPO subscription?

Qualified institutional buyers are mutual funds, insurers, banks and foreign institutions. Non-institutional investors, also called HNI, are individuals and bodies bidding above two lakh rupees, split into small (two to ten lakh) and big (above ten lakh). Retail is an individual bidding up to two lakh rupees. A book-built mainboard issue sets aside at least 35 percent for retail, 15 percent for NII and up to 50 percent for QIBs.

Does a high subscription mean the Purple Style Labs IPO will list at a premium?

No. Subscription measures demand during the three bidding days; the listing price is discovered in the pre-open session on listing morning and depends on the market that day. Heavily subscribed issues have listed at a discount and thin ones at a premium. Read the figure with the expected premium and the company's numbers, not instead of them.

When was the Purple Style Labs IPO allotment?

3 September 2026. The allotment status is searchable by PAN on Rupix and on the registrar's page from that evening.