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Five IPOs to open next week; companies eye close to Rs 2,600 Cr

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Five IPOs to open next week; companies eye close to Rs 2,600 Cr

Five companies, including EAAA India Alternatives, SFC Environmental Technologies, and M K Sons Fine Jewels, are set to launch their initial public offerings (IPOs) next week, aiming to raise nearly Rs 2,600 crore in the primary market.

BLS Polymers and Bombay Coated and Special Steels would also float their maiden public offerings during the week.

Separately, several other companies, including Gujarat Victory Forging, Milestone Gears, Avaada Electro, Swara Baby Products, Integris Medtech and AGS Health, are in the pipeline for IPO, according to merchant bankers.

These companies are expected to announce price band declarations and launch plans by November 5, ahead of the extended Diwali holiday period in Gujarat, where markets and business activity are likely to be affected by the post-Diwali observance of Labh Pancham from November 6 to 15, they added.

The upcoming issues follow a busy month for the primary market, which saw Jio Platforms launch the country's biggest-ever public issue worth Rs 30,213 crore.

As many as 104 companies have raised over Rs 1.4 lakh crore through IPOs so far in 2026, suggesting continued primary market activity.

The five upcoming IPOs will open for subscription between October 26 and October 29, offering investors exposure to sectors such as alternative investments, polymers, steel processing, wastewater treatment and jewellery retail.

These offerings are expected to keep the primary market active as companies tap investor demand to raise funds for business expansion, working capital requirements and debt repayment, while some existing shareholders seek to monetise their holdings.

EAAA India Alternatives, an arm of Edelweiss Financial Services, will open its Rs 1,200-crore IPO on October 26 and close it on October 28.


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