Upcoming IPO, Sept. 23 -- Mumbai-based luxury fashion firm, Purple Style Labs Ltd, filed its preliminary draft papers with the capital markets regulator, the Securities and Exchange Board of India (Sebi), on Monday, 22 September 2025.

Purple Style Labs aims to raise Rs.660 crore from the Indian stock market through an entirely fresh issuance of equity shares.

Purple Style Labs is offering a book-built issue initial public offering (IPO) comprising entirely fresh issuance of equity shares with a face value of Rs.10 apiece, amounting to Rs.660 crore. The filing data showed that there was no offer for sale (OFS) component part of the public offer, according to the DRHP data.

The company seeks to raise Rs.660 crore from the Indian stock ma...