The IPO for Bazaar Style Retail, backed by Rekha Rakesh Jhunjhunwala, is set to open on August 30 and will close on September 3. The company has filed its red herring prospectus with the Securities and Exchange Board of India (SEBI), and details regarding the price band and lot size for retail investors are expected to be announced soon. This IPO is part of a broader trend in the Indian stock market, which has seen increased activity and interest from investors in recent months.