Shahrukh, Sachin and Madhuri’s Firm Preparing for IPO to Raise Rs 660 Crore: Know Details

SRK, Sachin Tendulkar, Madhuri Dixit-owned Purple Style may launch ₹660 crore IPO this month

Upcoming IPO: According to the DRHP, the proposed Purple Style IPO will comprise a fresh issue of up to ₹660 crore, with no offer-for-sale component.

Shahrukh, Sachin and Madhuri’s firm preparing for IPO to raise Rs 660 crore: Know details

Purple Style Labs is a company that is associated with mega stars such as like Shah Rukh Khan, Sachin Tendulkar and Madhuri Dixit. It is preparing to float an IPO to rise Rs 660 crore. The company can enter the stock market by the end of August. The company will reportedly utilise the money mobilised from the public issue for business expansion and other expenses.