Purple Style Labs IPO Subscription Status — Day-wise, QIB, NII & Retail
Purple Style Labs IPO subscription status shows how many times the issue was bid for, split across QIB, NII and retail categories. It was subscribed 1.08x on NSE at close, as of 2 Sep 2026, 19:00 IST (NSE) — the category breakdown is below.
Subscription window: 31 Aug 2026 to 2 Sep 2026. Page data as of 11 Sep 2026.
Purple Style Labs subscription by category
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 3,736,264 | 4,747,782 | 1.27x |
| NII | 1,868,131 | 1,481,298 | 0.79x |
| bNII (above Rs 10 lakh) | 1,245,421 | 1,225,250 | 0.98x |
| sNII (Rs 2–10 lakh) | 622,710 | 256,048 | 0.41x |
| Retail (RII) | 1,245,421 | 1,183,962 | 0.95x |
| Total | 6,849,816 | 7,413,042 | 1.08x |
NSE bids only, as of 2 Sep 2026, 19:00 IST (NSE). A dash means NSE had not reported that row. Symbol PERNIASPOP.
Purple Style Labs subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects Purple Style Labs allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. GMP is unofficial and volatile — never a forecast. See Purple Style Labs's GMP page and how allotment works in allotment tips.
FAQs
What is Purple Style Labs IPO subscription status?
Purple Style Labs was subscribed 1.08x on NSE as of 2 Sep 2026, 19:00 IST (NSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get Purple Style Labs allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.