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Firm Matters

Purple Style Labs Limited (Pernia’s Pop Up Shop) - IPO

  • 01-Sep-2026

Khaitan & Co acted as legal counsel the book running lead managers (Axis Capital Ltd and IIFL Capital Services Ltd) in Initial Public Offering by Purple Style Labs Ltd (Pernia’s Pop Up Shop).

The deal is notable as the company is India’s largest and fastest growing multi-brand luxury omni-channel fashion platform.

 

Deal Team

Purple Style

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