The week of 31 August 2026 to 6 September 2026 brings a flurry of activity on India’s IPO landscape, with seven offerings set to open, spanning both SME and mainboard segments. From 31 August to 2 September, three SMEs—Shanti Inorganics Ltd (NSE SME) priced at ₹79–₹83, Ashutosh Fibre Ltd (NSE SME) at ₹87–₹92, and Phychem Technologies Ltd (BSE SME) at ₹51–₹54—offer investors a chance to tap into diverse industrial plays, while on the mainboard Purple Style Labs Ltd (BSE, NSE) is opening at ₹546–₹575, representing a luxury fashion omnichannel platform ([shantiinorganics.com](https://shantiinorganics.com/?utm_source=openai)).
As the week progresses, from 1 to 3 September, three more issues debut: two mainboard IPOs—Rays of Belief Ltd at ₹227–₹239 and Deepa Jewellers Ltd at ₹168–₹177—and another SME, Farm Peace Ltd (BSE SME) at a fixed price of ₹59 ([applyipo.relitrade.in](https://applyipo.relitrade.in/eipo_online_details?i=89150786-1D2F-489D-8FDD-41C4760F289A&utm_source=openai)). These offerings arrive amid a robust pipeline of activity, with 16 companies having filed their Draft Red Herring Prospectuses in the past 30 days, signalling sustained momentum in India’s primary markets.
| Company | Type | Price Band | Opens | Closes |
|---|---|---|---|---|
| Shanti Inorganics Ltd | SME | ₹79–₹83 | 31 Aug 2026 | 02 Sep 2026 |
| Ashutosh Fibre Ltd | SME | ₹87–₹92 | 31 Aug 2026 | 02 Sep 2026 |
| Phychem Technologies Ltd | SME | ₹51–₹54 | 31 Aug 2026 | 02 Sep 2026 |
| Purple Style Labs Ltd | Mainboard | ₹546–₹575 | 31 Aug 2026 | 02 Sep 2026 |
| Rays of Belief Ltd | Mainboard | ₹227–₹239 | 01 Sep 2026 | 03 Sep 2026 |
| Deepa Jewellers Ltd | Mainboard | ₹168–₹177 | 01 Sep 2026 | 03 Sep 2026 |
| Farm Peace Ltd | SME | ₹59 | 01 Sep 2026 | 03 Sep 2026 |
16 companies have filed a DRHP in the last 30 days and are working through SEBI approval. See the full DRHP-filed list →