Purple Style Labs shares begin trading with a weak debut after its IPO. On the NSE, the stock lists at ₹535, about 7% below the ₹575 issue price. NDTV and Business Line both report that the first trading marks a discount of roughly 6–7% versus the IPO price.
Business Line also notes the stock’s opening performance on the BSE, where it lists at ₹539, around 6.2% below the issue price. After initially trading below the IPO level, the same source states the shares rise and move back above the ₹575 IPO price during early trading. The two outlets focus mainly on listing prices and the immediate post-listing movement, without detailing broader trading volumes or investor sentiment.