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Firm Matters

Purple Style Labs Limited (Pernia’s Pop Up Shop) - Filing of the DRHP for the proposed IPO

  • 23-Sep-2025

Khaitan & Co acted as legal counsel the book running lead managers (Axis Capital Ltd and IIFL Capital Services Ltd) as to Indian law in connection with the draft red herring prospectus filed by Purple Style Labs Ltd (Pernia’s Pop Up Shop) in relation to its proposed initial public offering of equity shares, comprising of a fresh issue of up to INR 6,600.00 million.

Deal Team

Purple Style Labs Limited

The core team consisted of Subhayu Sen (Partner), Aparna Bagree (Partner), Ira Pandya (Senior Associate), Aayush Virani (Associate), Ria Chaudhary (Associate), Aayushi Poddar (Associate) and Unnati Goel (Associate).