[Fresh Issue ₹210 Cr + OFS NIL]

Veegaland developers ipo price: ₹130–₹140 per share

Veegaland Developers: History

The Company was originally incorporated as Vintes Solutions Private Limited, a private limited company under the Companies Act, 1956, on August 10, 2007.

It was then converted into a public limited company on September 30, 2025, under a special resolution passed by the shareholders.

The Company subsequently changed its name to Veegaland_Developers_Limited, and the RoC issued a fresh certificate of incorporation on November 6, 2025.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Veegaland Developers: Business

Veegaland Developers Ltd is a real estate development company engaged in planning, developing, and selling multi-storied residential apartment projects in the state of Kerala, India.

The Company develops –

• mid-premium,
• premium,
• ultra-premium,
• luxe-series, and
• ultra-luxury residential projects

The Company operates under the brand name Veegaland Homes and, as of this date, it has undertaken projects in Kochi, Thiruvananthapuram, Kozhikode, and Thrissur in the state of Kerala, India.

According to the ICRA Report, Veegaland ranked as Kerala’s fastest-selling real estate developer and is also one of the recognised residential real estate developers in the state of Kerala.

Veegaland is part of the V-Guard Group, which traces its origins to 1977, when Kochouseph Thomas Chittilappilly, established V-Guard Industries for the manufacture of voltage stabilisers.

Project Portfolio

As of June 30, 2026, the company had 25 projects (comprising approximately 34.24 lakh sq. ft. of saleable area).

10 completed projects,

12 ongoing projects, and

3 upcoming projects

Company Promoters

1. Kochouseph Thomas Chittilappilly,
2. Chittilappilly Trust

Refer to Veegaland Developers Limited DRHP for further information.

IPO Detail

ipo date: 10 Sept – 15 Sept 2026

Minimum Amount: ₹14,980

Minimum Bid: 107 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Cumulative Capital

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE‘ rating (keeping a long-term view in mind) for the Veegaland Developers IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Veegaland Developers IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹150 Cr + OFS ₹1,106 Cr]

Rentomojo ipo price: ₹384–₹404 per share

Rentomojo: History

The Company was originally incorporated as Edunetwork Private Limited, a private limited company under the Companies Act, 1956, on April 16, 2012.

The Company was then converted into a public limited company on January 13, 2026, under a special resolution passed by the shareholders.

It subsequently changed its name to Rentomojo Limited, and the RoC issued a fresh certificate of incorporation on February 3, 2026.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Rentomojo: Business

Rentomojo Ltd operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.

The company enables consumers to access essential home products, including

Beds,

Mattresses,

Refrigerators,

Sofas,

Televisions,

Wardrobes,

Washing machines, and

Water purifiers.

The Company’s platform operates through an omni-channel model, combining an online ordering platform with 67 experience stores, enabling consumers to access high-quality appliances on a flexible subscription plan.

The furniture and appliances that Rentomojo offers have a diverse mix of brands including Haier, Livpure, Wakefit, and Duroflex (as well as its own private-label brands).

As of September 30, 2025, the company had 227,511 live subscribers spread across 22 cities in India, enabling subscribers to access home essentials through affordable, long-term, and flexible subscription plans.

The Company has a comprehensive portfolio of 728,773 live items (Products) across furniture and appliances, as of September 30, 2025.

Company Promoter

1. Geetansh Bamania

Refer to Rentomojo DRHP for more information.

IPO Detail

ipo date: 9 Sept – 11 Sept 2026

Minimum Amount: ₹14,948

Minimum Bid: 37 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Motilal Oswal Investment Advisors,

Axis Capital,

IIFL Capital Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings for the Rentomojo IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Rentomojo IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹353 Cr + OFS ₹61 Cr]

Steamhouse India IPO Price: ₹77–₹81 per share

Steamhouse India: History

The Company was originally incorporated as Ankleshwar Eco Energy Limited at Surat, Gujarat, India, a public limited company under the Companies Act, 2013, on June 10, 2015.

It was subsequently renamed Steamhouse India Limited, and the RoC issued a fresh certificate of incorporation on September 28, 2021.

Steamhouse India: Business

Steamhouse India Ltd is an Indian company specializing in the generation and centralized distribution of industrial gases, including steam and nitrogen, through a pipeline network.

The company’s industrial gas business includes –

• Generation and distribution of steam,
• Purchase and distribution of steam,
• Separation, compression, and distribution of nitrogen.

Steamhouse utilize a diverse range of fuels in operational community steam boiler facilities, including coal and non-fossil fuels (like plastic waste and textile chindi) to generate steam.

It is also exploring increased use of alternative fuel sources such as agro-waste and refuse-derived fuel as a source of fuel for generating steam.

As of November 15, 2025, the company owned, operated, and maintained a 56,236-meters operational pipeline system connecting facilities to its clients’ premises.

According to the F&S Report, Steamhouse is the only company in India that supplies nitrogen using a distributed pipeline network instead of the common practice of supplying in cryogenic tanks and onsite nitrogen generation.

Boiler Capacity

Currently, the company operates seven community steam boilers (six owned and one leased) in Gujarat through which it generates and distributes steam.

Installed Plant Capacity

As of November 15, 2025, the company’s combined installed plant capacity for steam across seven boilers is 345 tonnes per hour (TPH), which translates to an annual installed capacity of 2,185,920.00 tonnes per annum (TPA).

ALSO READ: Pranav Constructions IPO Review

Customer Base

The Company has an established industrial customer base in Gujarat, India, with reputed clients across key sectors including agro-chemicals, chemicals, dyes and pigments, pharmaceuticals, polymers, textiles, tyres, paints, and other sectors.

Strategies Ahead

Expand capacity by setting up new facilities in and outside Gujarat.

Diversify business offerings.

Focus on operational efficiency and reduce operating expenses.

Improve debt profile.

Reduce carbon footprint.

Company Promoters

1. Vishal Sanwarprasad Budhia,
2. Ritu Budhia,
3. Vsb Business Trust,
4. Budhia Business Trust,
5. VB Business Trust

Refer to Steamhouse DRHP for detailed information.

IPO Detail

ipo date: 9 Sept – 11 Sept 2026

Minimum Amount: ₹14,985

Minimum Bid: 185 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Equirus Capital

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings for the Steamhouse India Ltd IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Steamhouse India IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹300 Cr + OFS ₹756 Cr]

Kanohar electricals ipo price: ₹601–₹632 per share

Kanohar Electricals: History

The Company was originally incorporated as Kanohar Electricals Private Limited under the Companies Act, 1956, on November 13, 1972.

The Company was then converted into a public limited company on November 30, 1994, under a special resolution passed by the shareholders.

Its name was subsequently changed to Kanohar Electricals Limited, and the RoC issued a fresh certificate of incorporation on December 22, 1994.

Kanohar Electricals: Business

Kanohar Electricals Ltd is one of the leading domestic players in transformer manufacturing (in terms of revenue in FY25).

It operates in two segments –

1. Transformer Manufacturing Business,
2. EPC Business.

The Company caters to high-growth industries such as power transmission, power distribution, railways, and renewable energy.

According to the CARE Report, Kanohar is one of 5 companies in India to hold short-circuit test certification for 500 MVA, 400 kV transformers used in the power transmission industry.

It is one of 4 manufacturers in India certified by the Research Designs and Standards Organisation (RDSO) to manufacture 100 MVA, 132 kV Scott transformers.

It is one of two Indian manufacturers certified to manufacture 100 MVA 220 kV Scott transformers (which caters to the demand for rail network electrification from the Indian Railways).

Across the Transformer Manufacturing Business and EPC Business, the company has successfully executed orders in the states of Assam, Bihar, Gujarat, Himachal Pradesh, Jharkhand, Maharashtra, Madhya Pradesh, Punjab, Rajasthan, and Karnataka.

Manufacturing Facilities

The Company operates two manufacturing facilities with an aggregate transformer manufacturing capacity of 19,200 MVA as on March 31, 2026.

1. Rithani Facility, Meerut, Uttar Pradesh,
2. Gangol Facility, Meerut, Uttar Pradesh

ALSO READ: Pranav Constructions IPO Review

Strategies Ahead

Capitalize on industry tailwinds by strengthening manufacturing capabilities.

Strengthening backward integration capabilities.

Focus on new product development and technology advancements.

Commitment to robust execution standards for operational excellence.

Ensure supply chain security through adequate working capital liquidity.

Company Promoters

Dinesh Singhal,

Adesh Singhal,

Vivek Singhal,

Abhishek Singhal, Virat Singhal, Aditya Singhal, K Sons Family Trust.

Refer to Kanohar Electricals DRHP for more information.

IPO Detail

ipo date: 8 Sept – 10 Sept 2026

Minimum Amount: ₹14,536

Minimum Bid: 23 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Nuvama Wealth Management,

IIFL Capital Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Kanohar Electricals Ltd IPO.

Do come back to learn more about “upcoming IPOs”.

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The post Kanohar Electricals IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹60 Cr + OFS ₹368 Cr]

Glass wall systems ipo price: ₹172–₹182 per share

Glass Wall Systems: History

The Company was originally formed pursuant to a deed of partnership on July 19, 2002, with Jawahar Hariram Hemrajani and Kamlesh Arjun Choudhary as partners.

The Company was then converted into a public limited company on April 3, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to Glass Wall Systems Limited, and the RoC issued a fresh certificate of incorporation on April 28, 2025.

Glass Wall Systems: Business

Glass Wall Systems Limited is a premium façade solutions and fenestration provider in India and across markets in the United States and Australia.

The Company operates across three verticals –

1. Domestic façade solutions,
2. International façade product supply, and
3. Premium fenestration.

With over two decades of experience in the façade solutions industry, the Company has completed more than 150 projects as of March 31, 2025.

The Company’s offerings include –

Curtain wall facades,

Storefront wall facades,

Unitized & semi-unitized curtain wall facades, and

Frameless facades.

These systems are highly engineered products designed to meet stringent technical specifications, providing stability and structural integrity to building frameworks.

The company’s client base includes airport authorities, contractors, real estate developers, hospitals, and corporations in commercial, residential, and institutional projects.

Acquisition of Yes Systems

The company has strengthened its presence in the luxury residential segment through the acquisition of Yes Systems.

Yes Systems operates under the ORIA brand and offers premium windows, skylights, doors, and partition systems.

ALSO READ: Pranav Constructions IPO Review

Strategies Ahead

Strategically expand global reach.

Enhance leadership in domestic markets.

Focus on expanding luxury fenestration business through integration of Yes Systems.

Drive growth and improve profitability through capacity expansion.

Focus on backward integration and technological advancement to enhance operational efficiency and market competitiveness.

Company Promoters

1. Jawahar Hariram Hemrajani,
2. Eshan Jawahar Hemrajani.

Refer to Glass Wall Systems DRHP for further details.

IPO Detail

ipo date: 8 Sept – 10 Sept 2026

Minimum Amount: ₹14,924

Minimum Bid: 82 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

IIFL Capital Services

Motilal Oswal Investment Advisors

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Glass Wall Systems IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Glass Wall Systems IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹80 Cr + OFS 420 Cr]

Prasol chemicals ipo price: ₹643–₹676 per share

Prasol Chemicals: History

The Company was originally incorporated as Prachi Poly Products Private Limited under the Companies Act, 1956, on January 24, 1992.

The Company was then converted into a public limited company on January 15, 2022, under a special resolution passed by the shareholders.

Its name was subsequently changed to Prasol Chemicals Limited, and the RoC issued a fresh certificate of incorporation on February 4, 2022.

Prasol Chemicals: Business

Prasol Chemicals Limited is a forward-integrated manufacturer of acetone and phosphorus-based specialty chemicals, as well as other specialty chemicals involving complex and differentiated chemistries.

The Company’s products find diversified applications across numerous industries, with 5 key segments being –

1. Performance chemicals (lubricant additives & mining chemicals);
2. PICA viz., (paints, inks, construction, & adhesives);
3. Pharmaceuticals;
4. Agrochemicals; and
5. Home and Personal Care (Application Industries).

As of 30 June 2026, its portfolio comprised more than 150 products, including 53 phosphorus-based, 21 acetone-based, and 76 other specialty chemicals.

3 Star Export House

Prasol is a 3 Star Export House company, as certified by the Government of India, with a robust global distribution network spread across 69 countries in –

• Asia-Pacific (APAC),
• North America,
• South America, and
• Europe.

Manufacturing Facility

The Company operates 2 manufacturing facilities located in,

1. Khopoli (Maharashtra), started in 1995, spanning a total area of 118,004.00 square meters, and
2. Mahad (Maharashtra), started in 2020, spanning a total area of 79,423.00 square meters.

Research and Development (R&D)

R&D remains a central theme for growth for Prasol, with 37 in-house R&D personnel, 40 products in the development pipeline, and 13 products commercialized since April 2023.

READ THIS: Pranav Constructions IPO Review

Client List

As of July 31, 2026, the company served 1600 customers and exports to 69 countries.

Key clients include Alembic Pharmaceuticals, Clean Science, Croda India, Gharda Chemicals, Lubrizol India, Rossari Biotech, Supriya Lifescience, Yasho Industries, etc.

Strategies Ahead

Expand production capacities for existing product portfolio.

Increased focus on R&D to support complex chemistries, product innovation, import substitution, and forward & backward integration of existing products.

Inorganic growth through strategic acquisitions, technology acquisition (licensing), or joint ventures.

Increase geographic reach and global footprint and increase wallet share with existing customers.

Focus on turnaround of greenfield investment in Mahad Manufacturing Facility to increase profitability.

Improve financial performance through focus on operational and functional efficiencies.

Company Promoters

Nishith Rajnikant Shah,

Gaurang Natwarlal Parikh,

Dhaval Nalin Parikh,

Nishith Rasiklal Dharia,

Pankil Nishith Dharia, Rakesh Gupta, Sachin Jatin Parikh, Kunal Tushar Dharia, Suketu Navinchandra Parikh and Usha Rajnikant Shah.

Refer to Prasol chemicals limited DRHP for more information.

IPO Detail

ipo date: 8 Sept – 10 Sept 2026

Minimum Amount: ₹14,880

Minimum Bid: 120 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

DAM Capital Advisors

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings for the Prasol Chemicals IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Prasol Chemicals IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹316 Cr + OFS 35 Cr]

Pranav constructions ipo price: ₹118–₹124 per share

Pranav Constructions: History

The Company was originally incorporated as Pranav Constructions Private Limited, a private limited company under the Companies Act, 1956, on July 31, 2003.

The Company was then converted into a public limited company on June 5, 2024, under a special resolution passed by the shareholders.

Its name was subsequently changed to Pranav Constructions Limited, and the RoC issued a fresh certificate of incorporation on July 29, 2024.

Pranav Constructions: Business

Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects in the MCGM (Municipal Corporation of Greater Mumbai) Region.

The Company predominantly undertakes redevelopment projects in the western suburbs of Mumbai (Malad, Bandra West, and Santacruz), focusing on economical, mid- and mass, and aspirational homes.

PCPL follows a pure-play redevelopment model, working predominantly with Cooperative Housing Societies to demolish ageing structures and develop new residential buildings that provide replacement homes to existing residents while creating additional units for sale.

According to the C&W Report, the company has a proven track record of timely completion of redevelopment projects, strong execution capabilities, and has become a trusted and reliable brand in the Western Suburbs.

Project Portfolio

As of March 31, 2026, the company had a portfolio of 65 redevelopment projects (with a combined developable area of ~5.01 million sq. ft.) comprising –

• 28 completed projects,
• 20 under construction, and
• 17 upcoming projects.

Strategies Ahead

Focus on Redevelopment and expand in other regions of MCGM.

Focus on an asset-light business model.

Upgrade technology to drive operational efficiency and deliver quality Redevelopment Projects to clients.

Enhance and leverage the PCPL brand.

Focus on environmentally friendly solutions.

Company Promoters

1. Pranav Kiran Ashar,
2. Ravi Ramalingam.

Refer to Pranav construction DRHP for more details.

IPO Detail

ipo date: 7 Sept – 9 Sept 2026

Minimum Amount: ₹14,880

Minimum Bid: 120 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Centrum Capital,

PNB Investment Services.

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Pranav Constructions Limited IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Pranav Constructions IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹125 Cr + OFS NIL]

Rays of belief ipo price: ₹227–₹239 per share

Rays of Belief: History

The Company was originally incorporated as Rays of Belief Private Limited under the provisions of the Companies Act, 2013, on August 23, 2017.

The Company was then converted into a public limited company on November 4, 2024, under a special resolution passed by the shareholders.

Its name was subsequently changed to Rays of Belief Ltd, and the RoC issued a fresh certificate of incorporation on November 25, 2024.

ALSO READ: ESDS Software Solution IPO Review

Rays of Belief: Business

Rays of Belief is a “for-profit social enterprise” providing intervention plans for children with Neurodevelopmental Disorders (NDDs).

Neurodevelopmental Disorders Plans include –

• Autism Spectrum Disorder (ASD),
• Attention-Deficit/Hyperactivity Disorder (ADHD),
• Down Syndrome (DS),
• Cerebral Palsy (CP),
• Intellectual Disability (ID),
• Learning Disabilities (LD), and
• Global Developmental Delays (GDD).

The services provided by the company primarily cater to children from 18 months to 12 years of age, with specialized programs for older children up to 15 years, focusing on vocational and life skills to facilitate a smooth transition to adulthood.

The Company’s services are designed to address gaps in awareness, accessibility, quality & affordability of developmental care, while involving parents and families as co-therapists in the child’s developmental journey.

The plans provided by the company are personalised and based on each child’s unique needs and the severity of their condition.

The company has served more than 58,000 children since inception, including 9,205 children in FY26, with 6,903 fresh enrolments during the year.

Global Ranking

According to the CARE Report, the company ranks (1st) in India in offering intervention plans for children with NDDs, and (7th) globally among the listed players operating in a similar behavioural health domain.

Network

As of 31 March 2026, the company has expanded to 136 centres across 57 cities and 20 states and union territories in India.

These centres are equipped with 150+ teaching tools, including sensory equipment, puzzles, and worksheets.

READ THIS: Purple Style Labs IPO Review

Strategies Ahead

Expansion of network with a focus on driving cost efficiencies across operations.

Attracting and retaining qualified clinical professionals through continuous training, knowledge sharing, and upskilling.

Focus on R&D for integration of modern technology in therapy services.

Improve service portfolio and build on value leadership.

Grow brand awareness and brand loyalty.

Company Promoters

1. Nitin Bindlish,
2. Carving Futures Pte.

Refer to Rays of Belief DRHP for more information.

IPO Detail

ipo date: 1 Sept – 3 Sept 2026

Minimum Amount: ₹14,818

Minimum Bid: 62 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Mefcom Capital Markets

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Rays of Belief IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Rays of Belief IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹680 Cr + OFS NIL]

Purple style labs ipo price: ₹546–₹575 per share

Purple Style Labs: History

The Company was incorporated as Purple Style Labs Private Limited at Mumbai, Maharashtra, as a private limited company under the Companies Act on August 6, 2015.

The Company was then converted into a public limited company on November 21, 2023, under a special resolution passed by the shareholders.

Its name was subsequently changed to Purple_Style_Labs_Limited, and the Registrar of Companies issued a fresh certificate of incorporation on December 13, 2023.

ALSO READ: ESDS Software Solution IPO Review

Purple Style Labs: Business

#Purple_Style_Labs_Limited is a multi-brand luxury omni-channel fashion platform in India operating under Pernia’s Pop-Up Shop (PPUS).

The Company offers a curated portfolio of luxury fashion products with a focus on wedding and occasion wear, for –

• Womenswear,
• Menswear,
• Jewellery,
• Accessories, and
• Kidswear.

PPUS operates through an omni-channel business model comprising –

1. Experience Centers,
2. Website,
3. Mobile application,
4. Telephonic & Digital sales channels,
5. Events and exhibitions.

In FY26, PPUS recorded 19.14 million unique online visitors, served 66,713 clients, and processed 95,565 orders.

Network

As of March 31, 2026, the company had 14 Experience Centers globally, including 12 in India and one each in New York and London.

Strategies Ahead

Expand footprint in key luxury markets.

Deepen existing customer base.

Increase and optimize product categories and Designer Brand mix.

Focus on profitability and cost structure.

Company Promoters

1. Abhishek Agarwal

Refer to Purple Style Labs DRHP for other details.

IPO Detail

ipo date: 31 Aug – 2 Sept 2026

Minimum Amount: ₹14,950

Minimum Bid: 26 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Axis Capital,

IIFL Capital Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘NEUTRAL‘ ratings for the Purple_Style_Labs_IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Purple Style Labs IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹720 Cr + OFS NIL]

Esds software solution ipo price: ₹408–₹429 per share

ESDS Software Solution: History

The Company was originally incorporated as a private limited company under the name of ESDS Software Solution Private Limited under the Companies Act, 1956, on August 18, 2005.

The Company was then converted into a public limited company on June 30, 2021, under a special resolution passed by the shareholders.

Its name was subsequently changed to ESDS_Software_Solution Limited, and the Registrar of Companies (RoC) issued a fresh certificate of incorporation on July 8, 2021.

ESDS Software Solution: Business

ESDS_Software_Solution_Ltd is one of the only two players in India providing the entire spectrum of cloud, managed services, Data Centre infrastructure, and software solutions.

The Company offers an end-to-end portfolio comprising Infrastructure-as-a-Service (IaaS), managed services, and Software-as-a-Service (SaaS), serving customers across BFSI, Government and enterprise segments.

According to the Nexdigm Report, ESDS was one of the first cloud service providers in India to offer community cloud services, delivered on a multi-tenant model to a group of organizations with similar business models and requirements, such as –

• Data privacy,
• Security,
• Compliance, and
• Regulatory considerations.

The company served 2,500 clients in FY26, with enterprises contributing 55.09% of revenue, government contributing 27.37%, and BFSI contributing 17.53% of revenue.

Strategies Ahead

Expand business by focusing on enhancing infrastructure and driving AI/ML innovation.

Committing to sustainability for efficient scaling and customer value.

Continue to scale AI-driven solutions.

Enhance collaboration with Government and business partners.

Strengthen brand leadership.

Transition towards 100% renewable energy for sustainable and efficient operations.

Company Promoters

1. Piyush Prakashchandra Somani,
2. Komal Piyush Somani,
3. P.O. Somani Family Trust.

Refer to ESDS Software Solution DRHP for more information.

IPO Detail

ipo date: 28 Aug – 1 Sept 2026

Minimum Amount: ₹14,586

Minimum Bid: 34 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

DAM Capital Advisors

Systematix Corporate Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the #ESDS_Software_Solution_IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post ESDS Software Solution IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.