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Purple Style Labs Shares List At 7% Discount In A Weak Debut On NSE After IPO

The stock listed with a 7% discount to its Rs 575 issue price on the NSE at Rs 535

Purple Style Labs Shares List At 7% Discount In A Weak Debut On NSE After IPO
Purple style labs makes weak debut on exchanges.
Photo Source: NDTV Profit/AI Generated

In a weak debut, shares of Pernia's Pop-Up Shop-parent Purple Style Labs Ltd. have listed with a discount on the exchanges despite getting fully subscribed during the three-day bidding window. 

The stock listed with a 7% discount to its Rs 575 issue price on the NSE at Rs 535, while it listed with a 6.3% discount at Rs 539 on the BSE. 

(This story will be updated shortly)

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