Economic Times1 September 2026
Purple Style Labs IPO Day 2: GMP, subscription status, key details — Should you subscribe?
“Purple Style Labs IPO enters its second bidding day with subdued demand and a GMP of around 1%, down from 5%. The Rs 680-crore issue has seen limited subscription, while ongoing losses and high valuation concerns weigh on sentiment despite strong revenue growth, celebrity backing”
Purple Style Labs IPO enters its second bidding day with subdued demand and a GMP of around 1%, down from 5%. The Rs 680-crore issue has seen limited subscription, while ongoing losses and high valuation concerns weigh on sentiment despite strong revenue growth, celebrity backing and expansion of Pernia’s Pop-Up Shop.
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