Luxury fashion house Pernia’s Pop Up Shop’s parent Purple Style Labs (PSL) filed its DRHP with SEBI for an INR 660 Cr IPO earlier this week. As per the draft IPO papers, the public issue will consist solely of a fresh issue of shares.
Beyond these headline numbers, PSL’s 441-page DRHP gave a sneak peek into some interesting deals that were struck in the run up to filing the draft papers.
In August, founder Abhishek Agarwal sold shares worth INR 45 Cr to three investors. While Munjal…








