Upcoming IPOs This Week (August 31–September 4, 2026): Purple Style Labs, Deepa Jewellers and Others

The Indian primary market is set for an active week from August 31 to September 4, 2026, with 3 mainboard IPOs and 4 SME IPOs scheduled to open for subscription. The new public offerings span multiple competitive sectors including retail jewellery, apparel luxury platforms, organic chemicals, and agri-business. 

Upcoming Mainboard IPOs This Week 

The mainboard IPO calendar starts with Purple Style Labs Ltd. opening on August 31, 2026. This will be followed by Deepa Jewellers Ltd. and Rays of Belief Ltd., both opening their subscription windows on September 1, 2026. 

Upcoming SME IPOs This Week 

The SME IPO calendar begins with three issues opening on August 31, 2026: Phychem Technologies Ltd., Shanti Inorganics Ltd., and Ashutosh Fibre Ltd. Farm Peace Ltd. will open subsequently on September 1, 2026. 

Key IPOs Opening First 

Purple Style Labs Ltd. IPO 

Purple Style Labs Ltd. will open its IPO for bidding on August 31, 2026, and close on September 2, 2026. The company has fixed a price band of ₹546.00 to ₹575.00 per share. The entire ₹680.00 crore issue consists completely of fresh capital injection. The shares are proposed to be listed on both the BSE and NSE, with Axis Capital acting as the lead manager.  

Things To Keep in Mind When Applying for an IPO 

Investors should consider several factors before applying for an Initial Public Offering (IPO) rather than focusing only on the price band. 

• Check the company's financials: Review revenue, profit, debt, cash flows and historical growth.
• Assess the valuation: Compare the IPO valuation with listed companies operating in the same sector.
• Understand the issue structure: Check how much of the IPO is a fresh issue and how much is an OFS.
• Check the use of funds: Understand how the company plans to use the money raised through the fresh issue.
• Review the minimum investment: Check the lot size and the amount required to apply for at least one lot.
• Read the risk factors: Investors should review the company's offer documents to understand business and industry-specific risks. 

Read More: Godavari Biorefineries Share Price in Focus; Faces Demand Notice for Tax Discrepancies! 

Conclusion 

The week starting August 31, 2026, offers a robust landscape for public listings, delivering 3 distinct opportunities on the mainboard exchange alongside 4 focused listings on the SME platforms. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.