IPO Rush: 3 Mainboard Issues Hit the Market,OVERVIEW IS HERE
The primary market is set for another busy week.
Purple Style Labs, Deepa Jewellers and Rays of Belief are opening their IPOs between August 31 and September 3, with the three issues together looking to raise around ₹1,265 crore.
1. Purple Style Labs — ₹680 Crore
The company behind Pernia’s Pop-Up Shop is the biggest IPO of the week.
IPO: Aug 31 – Sep 2
Price Band: ₹546–₹575
Lot Size: 26 shares
Minimum Investment: ₹14,950
Purple Style Labs operates in the luxury fashion and premium occasion-wear segment, with products from more than 1,300 designers.
2. Deepa Jewellers — ₹460 Crore
IPO: Sep 1 – Sep 3
Price Band: ₹168–₹177
The issue consists of a ₹250 crore fresh issue along with an OFS component of roughly ₹210 crore.
The company operates in the jewellery retail business, making this another consumer-focused IPO to watch.
3. Rays of Belief — ₹125 Crore
Rays of Belief, the company behind the Mom’s Belief brand, will also open its IPO on September 1.
IPO: Sep 1 – Sep 3
Price Band: ₹227–₹239
Lot Size: 62 shares
The company operates in the mother and baby care / consumer products space.
##What Makes This Week Interesting?
Three completely different consumer themes are coming to the market:
Luxury Fashion → Purple Style Labs
Jewellery → Deepa Jewellers
Mother & Baby Care → Rays of Belief
So investors aren't just getting another set of IPOs — they are getting exposure to three different segments of India's rising consumption story.
----->Bottom Line
3 IPOs. ₹1,265+ Crore. 3 Different Consumer Stories.
This week's primary market will be closely watched, especially Purple Style Labs, which is the largest issue among the three and has already attracted significant anchor participation.
Purple Style Labs | Deepa Jewellers | Rays of Belief
FOCUS STOCKS::