Purple Style IPO GMP Today, Price & Details
Purple Style IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Purple Style
Purple Style is poised to make its debut on the MAINBOARD of the NSE, offering investors a chance to participate in its growth journey. The company operates within a dynamic sector, and its IPO aims to raise significant capital. The issue comprises a fresh issue of shares aggregating up to ₹660 Cr, indicating that the entire amount will be infused into the company for future expansion and operational needs. There is no Offer for Sale (OFS) component, meaning no existing shareholders are looking to exit through this IPO.
Financially, Purple Style has demonstrated a notable PAT of ₹188.55 Cr on revenues of ₹489.91 Cr. This impressive profitability is further underscored by a very high Return on Net Worth (RONW) of 158.85%. The IPO's structure, being entirely a fresh issue, suggests a strong focus on capital infusion for growth rather than liquidity for early investors. The price band for the IPO is set between ₹546 and ₹575 per share, with a lot size of 26 shares, providing a clear entry point for potential investors.
The company's competitive positioning, though not detailed in the provided data, will be crucial in leveraging the capital raised. The fresh issue proceeds are earmarked for bolstering the company's operational capacity and strategic initiatives. With a strong reported PAT and RONW, Purple Style appears to be a profitable entity, and the IPO presents an opportunity for investors to be part of its next phase of development. The lead managers for this offering are Axis Capital Ltd. and IIFL Capital Services Ltd., with Kfin Technologies Ltd. acting as the registrar.
Purple Style IPO — Investment Analysis
Purple Style's IPO presents an interesting valuation proposition, primarily driven by its reported P/E ratio of a mere 0.07x and an EPS of ₹8211. This extremely low P/E, when juxtaposed with a price band of ₹546 - ₹575, suggests that the company's earnings are significantly higher than what the current market price might imply, or there's a substantial discrepancy in how these figures are presented. Typically, a P/E of 0.07x would indicate a very deep discount, but given the price band, it's essential to scrutinize the EPS calculation and the overall financial statements for a clearer picture. The price band itself, while not excessively high, needs to be evaluated against the company's intrinsic value and future earnings potential.
From a financial health perspective, Purple Style shows a compelling picture with a PAT of ₹188.55 Cr on revenues of ₹489.91 Cr. This translates to a robust profit margin. The RONW of an exceptional 158.85% is particularly noteworthy, indicating highly efficient use of shareholder equity. However, the ROCE stands at a more modest 4.79%, and the EBITDA margin is 8.57%. While the RONW is stellar, the lower ROCE might suggest that capital employed in the business isn't generating returns at the same extraordinary pace as shareholder equity, which is something to investigate further. The NAV per share is ₹18.27.
The growth outlook for Purple Style hinges on its ability to leverage the fresh capital infusion effectively. The company's impressive profitability suggests a strong business model. However, a key risk factor to consider is the P/E ratio of 0.07x, which seems unusually low and warrants a deeper dive into its calculation and the underlying financials to ensure it's not misleading. If this figure is accurate and sustainable, it presents a significant opportunity. The absence of an OFS is a positive, indicating management's focus on internal growth. Sector-specific risks, if any, should also be assessed.
Subscription levels for the IPO will be a critical indicator of market sentiment. Strong demand from Qualified Institutional Buyers (QIBs) and High Net-worth Individuals (HNIs) would signal institutional confidence in the company's prospects. Similarly, robust retail participation would reflect broad investor interest. The grey market premium (GMP), though unofficial, can also provide an early indication of market expectations for listing gains. However, investors should always prioritize fundamental analysis over GMP. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Purple Style IPO — Pros & Cons
Strengths
- The company boasts an exceptionally high Return on Net Worth (RONW) of 158.85%, demonstrating its ability to generate substantial profits from its equity base. This strong return ratio suggests efficient management of shareholder funds and a potentially profitable business model for investors.
- Purple Style has reported a significant Profit After Tax (PAT) of ₹188.55 Cr on revenues of ₹489.91 Cr. This indicates healthy profitability and a strong capacity to convert sales into net earnings, which is a positive sign for potential investors.
- The IPO is structured entirely as a fresh issue of ₹660 Cr, meaning all proceeds will be used for the company's growth and operational expansion. This focus on capital infusion for future development is generally a positive signal for long-term investors.
- The reported P/E ratio of 0.07x, while needing careful verification against the price band, suggests a potentially very attractive valuation if the earnings are sustainable. This could offer a significant entry point for investors seeking value.
- The Net Asset Value (NAV) per share stands at ₹18.27, providing a book value perspective for investors. This figure, when compared to the IPO price band, can offer insights into the company's asset backing.
Risks
- The reported P/E ratio of 0.07x appears unusually low, especially when considered alongside the IPO price band of ₹546 - ₹575. This discrepancy warrants thorough investigation to ensure the EPS calculation is robust and not misleading, as it could indicate an accounting anomaly or an error in data presentation.
- The Return on Capital Employed (ROCE) of 4.79% is notably lower than the RONW of 158.85%. This suggests that while shareholder equity is highly productive, the overall capital invested in the business might not be generating returns at the same exceptional pace, indicating potential inefficiencies in asset utilization.
- The EBITDA margin of 8.57%, while positive, might be considered moderate depending on the industry. Investors should assess if this margin is competitive within Purple Style's operating sector and if there's potential for improvement.
- The provided financial data is limited, with specific details on revenue trajectory over multiple years, debt levels, and cash flows not being readily available. This lack of comprehensive historical financial information makes a full due diligence challenging for investors.
- The face value of the shares is ₹10, while the price band is ₹546 - ₹575. This implies a significant premium over the face value, which is standard for mainboard IPOs, but investors should be aware of the substantial valuation being sought.
Purple Style IPO Details
| Company Name | Purple Style |
|---|---|
| IPO Type | MAINBOARD |
| Exchange | NSE |
| Price Band | ₹546 - ₹575 |
| Face Value | ₹10 per share |
| Lot Size | 26 shares |
| Min Investment | ₹14,950 |
| Total Issue Size | ₹660.00 Cr |
|---|---|
| Fresh Issue | ₹660.00 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Axis Capital Ltd., IIFL Capital Services Ltd. |
| IPO Status | Listed |
Purple Style IPO Dates
Purple Style IPO Subscription Status
Purple Style IPO Listing Performance
Purple Style IPO listed on NSE on 07 Sep 2026 at ₹539, a discount of 6.3% below the issue price of ₹575. Investors who received allotment faced a loss of ₹936 per lot (26 shares) on listing day.
Purple Style IPO — Key Highlights
- Purple Style has reported a remarkable Profit After Tax (PAT) of ₹188.55 Cr, showcasing strong profitability on its revenue of ₹489.91 Cr.
- The company exhibits an outstanding Return on Net Worth (RONW) of 158.85%, indicating highly efficient utilization of shareholder equity.
- The entire IPO issue size of ₹660 Cr is a fresh issue, suggesting a commitment to funding future business growth and expansion.
- The reported P/E ratio is an exceptionally low 0.07x, which, if accurate and sustainable, could represent a significant valuation opportunity.
- The IPO price band is set between ₹546 and ₹575 per share, with a lot size of 26 shares.
- The Net Asset Value (NAV) per share is valued at ₹18.27.
Purple Style Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Revenue | 369.19 | 504.37 | 489.91 |
| Expenses | 423.41 | 557.74 | 559.78 |
| Net Income (PAT) | 41.39 | 47.71 | 188.55 |
| Margin (%) | 3.05% | 9.46% | 38.49% |
Purple Style IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹8,211.00 |
|---|---|
| P/E Ratio | 0.07x |
| NAV | ₹18.27 |
| Debt/Equity | 0.950 |
Return Metrics
| RONW (%) | 158.85% |
|---|---|
| ROCE (%) | 4.79% |
| EBITDA Margin | 8.57% |
Purple Style IPO Reservation / Allocation
Purple Style IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Purple Style IPO Lead Manager & Registrar
Book Running Lead Manager
Axis Capital Ltd., IIFL Capital Services Ltd.
IPO Registrar
Kfin Technologies Ltd.
Purple Style IPO — Frequently Asked Questions
What is Purple Style IPO GMP today?
As of today, the Grey Market Premium (GMP) for Purple Style IPO is ₹2 per share, indicating a potential listing premium of 0.3% above the issue price of ₹575.
What is the price band and lot size of Purple Style IPO?
Purple Style IPO has a price band of ₹546 to ₹575 per equity share with a face value of ₹10. The minimum lot size is 26 shares, requiring a minimum investment of ₹14,950 at the upper band.
What are the important dates for Purple Style IPO?
Purple Style IPO opens for subscription on 31 Aug 2026 and closes on 02 Sep 2026. Allotment is expected on 03 Sep 2026. The shares are expected to list on NSE on 07 Sep 2026.
What is the investor category allocation in Purple Style IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 10.00%.
How can I apply for Purple Style IPO?
You can apply for Purple Style IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What is the subscription status of Purple Style IPO?
Purple Style IPO has been subscribed 1.66 times overall. Retail category: 1.66x, NII/HNI: 0.89x, QIB: 1.50x.
What is Purple Style IPO price band and lot size?
The Purple Style IPO is open for subscription with a price band set between ₹546 and ₹575 per share. Each lot consists of 26 shares, making the minimum investment amount ₹14,950 (26 shares x ₹575). The face value of each share is ₹10.
Is Purple Style IPO worth investing in?
Purple Style presents a mixed investment profile. On one hand, it boasts an impressive RONW of 158.85% and a strong PAT of ₹188.55 Cr. However, the extremely low P/E of 0.07x requires careful scrutiny. The ROCE of 4.79% is also a point to consider.
Investors should weigh these financial metrics against the IPO price band of ₹546 - ₹575 and the overall market conditions. The entire issue being a fresh issue for growth is a positive. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Purple Style IPO GMP today?
Grey Market Premium (GMP) for the Purple Style IPO is an unofficial indicator of market sentiment. While it can provide a sense of demand, it's not a definitive factor for investment decisions. Any reported GMP, for instance, a premium of ₹X or a percentage of Y%, should be viewed with caution as it fluctuates and is not guaranteed.
Relying solely on GMP can be risky; fundamental analysis is crucial. Investors should consult a SEBI-registered financial advisor.
How to apply for Purple Style IPO?
You can apply for the Purple Style IPO through either the ASBA (Application Supported by Blocked Amount) facility via your bank or through your stockbroker using net banking or the UPI (Unified Payments Interface) system. Ensure you have a demat account and a UPI ID ready. The registrar for the IPO is Kfin Technologies Ltd.
Funds will be blocked in your account until the allotment process is complete.