Purple Style Raises Rs 306 Crore From Anchor Investors Ahead of IPO; Morgan Stanley, BofA Among Buyers
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Purple Style raises Rs 306 crore from anchor investors ahead of IPO; Morgan Stanley, BofA among buyers
Purple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on Monday, August 31. This luxury fashion platform operates under Pernia's Pop-Up Shop, offering curated designer products. It sources items from 1,109 active designer brands, focusing on wedding and occasion wear. Purple Style Labs utilizes an omni-channel model with 14 global experience center…
Purple Style Labs IPO to open on Aug 31; 8 investors pick up Rs 306 crore worth shares via anchor book
Purple Style Labs IPO | The Abhishek Agarwal-promoted company is looking to raise up to Rs 680 crore through an initial public offering, comprising entirely a fresh issue.
Purple Style Labs IPO: Price band, lot size, GMP, listing date and other key details
Purple Style Labs will launch its IPO on August 31, aiming to raise ₹680 crore with shares priced between ₹546– ₹575. The offering includes 1.18 crore new shares, with allotment expected by September 3 and listing on NSE and BSE on September 7.
Purple Style Labs Raises US $32.07 Mn Ahead of IPO
Purple Style Labs, the Mumbai-based luxury fashion company under the Pernia’s Pop-Up Shop brand, has raised Rs 306 crore (US $32.07 million) from anchor investors ahead of its IPO. The company allotted 53.21 lakh equity shares to 10 anchor investors at Rs 575 each, the upper end of its IPO price band including mutual funds, […] The post Purple Style Labs Raises US $32.07 Mn Ahead of IPO appeared first on Apparel Resources.
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