Pernia's Pop-Up Shop likely to launch Rs 660 crore IPO by August-end

Purple Style Labs is set to launch its initial public offering (IPO) at an impressive Rs 660 crore by the end of August. Having received the green light from Sebi for its entry into the public market, the luxury fashion label aims to channel the proceeds into expansion and…

The company, which operates a multi-brand luxury fashion omni-channel platform, has filed its updated draft red herring prospectus (UDRHP) with markets regulator Sebi. It received Sebi's approval for the IPO in January this year.