business 💰 Upcoming IPOs set to raise over ₹1,265 crore
Seven new Initial Public Offerings are scheduled to open next week, with three mainboard IPOs raising over ₹1,265 crore. These listings will include Purple Style Labs, Deepa Jewellers, and Rays of Belief, opening between August 31 and September 3. For instance, Purple Style Labs' book-built offering is worth ₹680 crore with a price band of ₹546– ₹575 per share. The market will also feature four SME IPOs and eight other mainboard debuts. Remaining three ongoing IPOs will conclude their offerings before their listings. 📈