Purple Style Labs Limited shares are currently trading at ₹568.05 on NSE as of September 7, 2026, representing a 1.21% decline from its issue price of ₹575. According to latest market data, the stock opened at ₹535 and has moved between a 52-week high of ₹588.90 and a 52-week low of ₹515.85. The luxury fashion platform's market capitalisation stands at ₹4,587.59 crore with the stock showing minimal movement over the past year with a 0% return.
Purple Style Labs Limited made a muted debut on the bourses, closing its maiden trading session at ₹568.05, down 1.21% from its issue price of ₹575. According to reports from Business Standard, the stock opened weak at ₹539.00 on the BSE, representing a 6.26% discount to its issue price. The luxury fashion platform's free-float market capitalisation stood at ₹651.44 crore at market close. The stock recovered intraday to touch a high of ₹588.10, settling 5.39% higher than its opening level.
The company's Price to Earnings ratio stands at -13.54, significantly below the sectoral P/E of 60.04, indicating the stock may be undervalued. Purple Style Labs reported Total Operating Revenue of ₹98.17 crore and Equity Capital of ₹68.24 crore for the year ended March 31, 2026. The company's Earnings Per Share (EPS) is undefined as per the latest financial data. With a current traded volume of 87,22,845 shares, the stock shows moderate trading activity in the current session.
The IPO was subscribed 1.36 times overall, as reported by Business Standard. The subscription pattern showed mixed investor interest across categories, with the non-institutional investor portion getting subscribed 10.60 times and the retail investor portion garnering 5.76 times subscription. The subscription data indicates varied investor sentiment toward the luxury fashion platform's public offering.
Purple Style Labs Limited is a public limited company incorporated on August 6, 2015, with its registered office in Maharashtra, India. The company operates in the Retail - Apparel/Accessories industry and trades under the symbol PERNIASPOP on NSE. The company was originally incorporated as Purple Style Labs Private Limited as a private limited company on August 6, 2015, at Mumbai. Subsequently, the company was converted to a public limited company on December 13, 2023 and its name was changed from Purple Style Labs Private Limited to Purple Style Labs Limited via fresh Certificate of Incorporation. The company's Corporate Identification Number (CIN) is U18204MH2015PLC267215.
