Ahead of its upcoming IPO, Purple Style Labs has successfully garnered ₹306 crore from 10 anchor investors. The company allocated 53.22 lakh equity shares at a price of ₹575 apiece. These shares carry a face value of ₹10, which incorporates a premium of ₹565. The public issue is scheduled to open for bidding on August 31 and will conclude on September 2, featuring a price range of ₹546 to ₹575 per share.

by shortkt.com✓

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