# Mahesh Babu

Type: Person

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/mahesh-babu
Canonical HTML page: https://getfinancebrief.com/entity/mahesh-babu

## Timeline

- **2026-09-02**: IPO subscription closes — The three-day IPO subscription window ends.
- **2026-08-31**: IPO opens for subscription — The ₹680 crore fresh issue opens to the public.
- **2026-08-28**: Anchor investor bidding opens — One-day anchor book opens ahead of the public issue.
- **2026-01**: SEBI approves Purple Style Labs IPO — Markets regulator SEBI gives approval; the company had filed its Updated Draft Red Herring Prospectus.

## Recent coverage (1 stories)

### Purple Style Labs ₹680 Cr IPO: 100% Fresh Issue, No OFS
2026-08-25 11:24:44 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

A ₹680 crore entirely fresh issue with no offer-for-sale component, opening Aug 31 and closing Sep 2 after anchor bidding Aug 28. For capital markets, the deal tests investor appetite for a celebrity-backed luxury omnichannel platform funded by SEBI-approved public equity.
Full story: https://getfinancebrief.com/story/purple-style-labs-680-cr-ipo-finance

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