The IPO of Perfect Moment Ltd represents a significant milestone for the company, allowing it to raise capital for expansion and potentially increase its market share in the luxury lifestyle sector. The specified price range and the insider lock-up period indicate a structured approach to entering the public market, which could attract investors looking for new opportunities in the fashion and activewear space. Given the growing market for luxury and performance wear, the IPO could generate strong investor interest, potentially leading to a positive short-term impact on PMNT's stock price.