Purple Style Labs IPO: Here's what GMP signals ahead of listing on Sept 7; check total subscription and other details
New Delhi, Sept. 4 -- The Purple Style Labs IPO received a modest response from investors, ending its three-day bidding period with an overall subscription of 1.36 times. With the subscription process now complete, the focus has moved to the company's stock market debut, which is scheduled for Monday, September 7, on the BSE and NSE.
The public issue was open for bidding from August 31 to September 2, with the price band fixed at Rs.546- Rs.575 per equity share.
Among the various investor categories, the qualified institutional buyers (QIB) segment was subscribed 1.5 times. Retail investors showed relatively stronger interest, with the retail individual investor (RII) quota subscribed 1.66 times, while the non-institutional investor (NI...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.