Purple Style Labs IPO Subscription Status
Final figures at close of bidding: 31 Oct 2026, 9:00 am IST
| Category | Subscription |
|---|---|
| QIB | 1.5x |
| NII | 0.89x |
| Retail (RII) | 1.66x |
| Total | 1.36x |
Bidding day 3
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 3 | 1.5x | 0.89x | 1.66x | 1.36x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Our day-wise record for the Purple Style Labs IPO covers bidding day 3, with overall subscription closing at 1.36×; the strongest category was retail investors at 1.66×.
Category detail
The QIB portion ended at 1.5×. Non-institutional investors came in at 0.89×. Retail investors put in bids for 1.66× the shares reserved for them. That puts retail investors at the top of the book at 1.66× and non-institutional investors (NII) at the bottom at 0.89×.
What the multiple means for allotment
Retail bids ran to about 1.66 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 26 shares — ₹14,950 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Purple Style Labs IPO open and close?
- The Purple Style Labs IPO opens on 31 Aug 2026 and closes on 2 Sept 2026.
- How many times was the Purple Style Labs IPO subscribed?
- The Purple Style Labs IPO was subscribed 1.36 times in total across all investor categories.