Purple Style Labs see 6-7% weak debut, then rises above ₹575 IPO price

India

What to know

  • On the NSE, the stock debutes at ₹535, a discount of 6.9% to the IPO price; on the BSE, it listed at ₹539, down 6.2%S1
  • Purple Style Labs shares debuted poorly on September 7, opening at ₹535, 6.96% lower than the IPO price. The IPO was subscribed 1.29 times with notable celebrity investors, aiming to raise ₹680 crore for various investments.S2
Timeline · newest first
1mo Thehindubusinessline

Purple Style Labs see 6-7% weak debut, then rises above ₹575 IPO price

On the NSE, the stock debutes at ₹535, a discount of 6.9% to the IPO price; on the BSE, it listed at ₹539, down 6.2%

1mo Livemint

Purple Style Labs share price makes a weak debut, stock opens with a 7% discount at ₹535 apiece on NSE

Purple Style Labs shares debuted poorly on September 7, opening at ₹535, 6.96% lower than the IPO price. The IPO was subscribed 1.29 times with notable celebrity investors, aiming…

Purple Style Labs see 6-7% weak debut, then rises above ₹575 IPO price

2 outlets 2 reports

What to know

  • On the NSE, the stock debutes at ₹535, a discount of 6.9% to the IPO price; on the BSE, it listed at ₹539, down 6.2%S1
  • Purple Style Labs shares debuted poorly on September 7, opening at ₹535, 6.96% lower than the IPO price. The IPO was subscribed 1.29 times with notable celebrity investors, aiming to raise ₹680 crore for various investments.S2
Timeline · newest first

Sources · 2 citations

S1 Thehindubusinessline 1 report · EN
S2 LivemintLead 1 report · EN