IPO Rush Returns to Dalal Street: Three New Issues to Raise Over ₹1,264 Crore, Eight Listings Due Next Week

India’s primary market is heading into another action-packed week, with a fresh set of public issues and stock-market debuts scheduled between August 31 and September 4. As investors keep a close watch on new opportunities, three mainboard companies are preparing to launch their IPOs and together aim to raise ₹1,264.72 crore.

At the same time, eight companies are scheduled to make their debut on Dalal Street during the week. Five of them have already completed their public offerings, while three others are currently in the subscription process and will move toward listing after their issues close.

Purple Style Labs to Open IPO on August 31

The week’s new-issue activity will begin with Purple Style Labs, whose IPO is scheduled to open on August 31. The company plans to raise ₹680 crore through the offering.

The price band has been set at ₹546 to ₹575 per share. Investors will have until September 2 to submit their bids.

The issue comes as the primary market continues to attract companies looking to access public capital, while investors are getting a steady stream of new businesses to evaluate.

Two More IPOs to Launch on September 1

Two additional mainboard IPOs are scheduled to open on September 1.

Deepa Jewellers is targeting ₹459.72 crore from its public issue. Its price band has been fixed at ₹168-177 per share. The offering consists of ₹250 crore in fresh shares, along with an offer for sale worth ₹209.72 crore.

Rays of Belief will also open its issue on the same day. The company intends to raise ₹125 crore entirely through a fresh issue. Its shares have been priced in the ₹227-239 range.

Both Deepa Jewellers and Rays of Belief will remain open for subscription through September 3.

Together, these three new IPOs represent ₹1,264.72 crore of proposed fundraising, making the coming week an important period for the primary market.

Three Existing IPOs to Close

The week will also see three IPOs that are already open move toward their closing dates.

Lumino Industries, which began its issue on August 27, is scheduled to close on August 31. The company is seeking ₹700 crore, comprising ₹500 crore through fresh shares and ₹200 crore via an offer for sale. The issue price is ₹82 per share.

Priority Jewels and ESDS Software Solution will close their respective offerings on September 1.

Priority Jewels is looking to raise ₹91.5 crore through a fresh issue, with its price band set at ₹190-200 per share. ESDS Software Solution is targeting ₹720 crore through a completely fresh issue, with the price fixed at ₹429 per share.

Eight Companies Set for Stock-Market Debuts

The primary-market calendar becomes even busier with eight companies scheduled to list their shares during the week.

Augmont Enterprises will be the first to make its debut, with listing scheduled for August 31. The company had raised ₹825 crore through its IPO. The issue included ₹620 crore of fresh capital and ₹205 crore through an offer for sale.

On September 1, investors will see the listings of Symbiotec Pharmalab, Skyways Air Services and Hy-Tech Engineers.

Symbiotec Pharmalab raised ₹1,757 crore from its IPO, with ₹150 crore coming through fresh shares and ₹1,607 crore through an offer for sale. Skyways Air Services raised ₹582.8 crore, consisting of ₹398.8 crore in fresh capital and ₹184 crore through an offer for sale.

Hy-Tech Engineers raised ₹135.73 crore. Its offering included ₹60 crore of fresh shares and ₹75.73 crore through an offer for sale.

Annu Projects is scheduled to list on September 2. The company raised ₹175.06 crore through its IPO and had set its issue price at ₹99 per share.

The remaining three listings are linked to IPOs that are currently in the subscription phase. Lumino Industries is scheduled to list on September 3, followed by Priority Jewels and ESDS Software Solution on September 4.

A Packed Week for India’s Primary Market

The upcoming schedule highlights the continued momentum in India’s IPO market. Within just five trading days, investors will have to track three new public offerings, three IPO closures and eight expected stock-market listings.

The combination of fresh fundraising and new listings is likely to keep attention firmly focused on the primary market as investors assess issue valuations, subscription demand and the performance of recently listed stocks.

For companies, the active IPO environment provides an avenue to raise capital and bring their shares to public markets. For investors, however, the growing number of offerings also means that evaluating each issue on its individual fundamentals and valuation remains important.

With September beginning on the back of a particularly busy IPO calendar, Dalal Street is set for another closely watched week in the primary market.