Upcoming IPOs: Three Public Issues Slated To Open For Subscription; Augmont Enterprises, Hy-Tech Engineers Shares Set To List

The primary market is gearing up for a busy week ahead. The subscription windows for three major mainboard public issues are set to open this week, drawing the attention of retail and institutional investors.

Apart from the new public issues, investors are also looking forward to the listing of shares of several companies. Here is a look at all the primary market action slated to take place this week:

Purple Style Labs IPO

Purple Style Labs’ public issue is set to open for subscription on August 31 and close on September 2. The finalisation of share allotment is expected to take place on September 3, with the shares credited into the demat accounts of successful bidders on September 4. The bid amount will be refunded to unsuccessful applicants the same day. The multi-brand luxury fashion company is expected to list its shares on both the BSE and the NSE on September 7.

The price band for this offering is in the range of Rs 546-575 per share. Retail investors can apply for a minimum lot size of 26 shares, which amounts to Rs 14,950. The IPO is entirely a fresh issue of 11.80 million shares aggregating to Rs 680 crore.

Purple Style Labs operates an omni-channel luxury platform under Pernia’s Pop-Up Shop, offering a curated portfolio of luxury fashion products across womenswear, menswear, jewellery, accessories, and kidswear.

Rays of Belief IPO 

The public issue of Rays of Belief is set to open for subscription on September 1 and close on September 3. The finalisation of share allotment is expected to take place on September 4, with refunds to unsuccessful bidders and allotment to successful bidders scheduled for September 7. The shares are expected to list on both the NSE and the BSE on September 8.

The price band for this offering is established between Rs 227 and Rs 239 per share. Retail investors can apply by bidding for a minimum lot size of 62 shares, which amounts to Rs 14,818.

It is entirely a fresh issue of 5.23 million shares aggregating to Rs 125 crore. Rays of Belief provides personalised intervention plans and therapies for children with Neurodevelopmental Disorders (NDDs) through its centers under the brand name Mom's Belief.

Deepa Jewellers IPO

Deepa Jewellers is set to open its public issue for subscription on September 1. The public issue will close on September 3. The finalisation of share allotment is expected to take place on September 4. Refunds and demat credits will happen on September 7.

The jewellery company is expected to list its shares on the exchanges on September 8. The price band for this offering is established between Rs 168 and Rs 177 per share. Retail investors can apply for a minimum lot size of 84 shares, which amounts to Rs 14,868. Deepa Jewellers IPO is a combination of a fresh issue worth Rs 250 crore and an offer for sale (OFS) to raise Rs 209.72 crore, totalling up to Rs 459.72 crore.

Deepa Jewellers is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a wide range of traditional and contemporary designs.

Stocks Listing This Week

Shares of Augmont Enterprises will list on August 31, 2026. On September 1, shares of Hy-Tech Engineers, Skyways Air Services and Symbiotec Pharmalab will list on the NSE and BSE. On September 2, shares of Annu Projects will make their stock debut. Shares of Lumino Industries will list on the NSE and BSE while shares of Priority Jewels and ESDS Software will list on the two stock exchanges on September 4.