Kolkata: The primary stock market is throbbing with excitement. After the blockbuster Jio IPO last week, there will be five issues this week.
These include EAAA India Alternatives IPO, SFC Environmental Technologies IPO, MK Sons Fine Jewels IPO, BLS Polymers IPO and Bombay Coated and Special Steels IPO. Together, these companies are looking to raise approximately ₹2,600 crore. Investors will be able to bid for these IPOs between today, October 26 and 29.
These companies’ IPOs will provide investors with an opportunity to invest in sectors such as alternative investments, polymers, steel processing, wastewater treatment, and jewelry retail. Companies are raising funds from the market to expand their businesses, meet working capital needs, and repay debt. Some existing shareholders will also raise funds by selling their stakes.
Over ₹1.4 lakh crore raised in 2026 so far
The primary market has been witnessing a steady stream of activity for some time. This month, Jio Platforms launched an IPO worth ₹30,213 crore, the country’s largest public offering to date. So far, 104 companies have raised over ₹1.4 trillion through IPOs in 2026. Apart from this, many other companies including Gujarat Victory Forging, Milestone Gears, Avaada Electro, Swara Baby Products, Integris Medtech and AGS Health are also preparing to launch IPOs.
EAAA India Alternatives IPO
The initial public offering (IPO) of EAAA India Alternatives, a unit of Edelweiss Financial Services, will open on October 26 and close on October 28. The company has set a price band of ₹1,585 to ₹1,665 per share. At the upper price band, the company’s valuation is ₹10,765 crore.
The company is aiming to raise ₹1,200 crore through this IPO. This is a pure offer for sale (OFS), meaning existing shareholders of the Edelweiss Group will sell their stake, and the company will not receive any proceeds from the issue. Prior to the IPO, the company had already raised approximately ₹360 crore from anchor investors.
EAAA India Alternatives IPO GMP: Rs 33
Listing gain signaled: 1.98%
BLS Polymers IPO
The BLS Polymers initial public offering (IPO) will open on October 27th and close on October 29th. The company has set a price band of ₹142 to ₹150 per share. The company plans to raise ₹255 crore through this issue. It will issue 17 million new equity shares.
The company will use ₹77.56 crore of the IPO proceeds to expand its manufacturing facility and increase production capacity. Additionally, ₹89.5 crore will be used to meet working capital needs. The remaining proceeds will be used for general corporate purposes.
BLS Polymers IPO GMP: Rs 38
Listing gain signaled: 25.33%
MK Sons Fine Jewels IPO
The MK Sons Fine Jewels initial public offering (IPO) will open on October 28 and close on October 30. The company has set a price band of ₹153 to ₹162 per share. The company plans to raise ₹275.4 crore (approximately $2.75 billion) through this initial public offering.
The issue will issue 13.6 million new equity shares. Additionally, promoter shareholder Ramchand Murlidhar Raimalani will sell 3.4 million shares.
The company will use the proceeds from the IPO to meet inventory needs for opening a new showroom in Maharashtra and expanding an existing showroom in Gujarat. The proceeds will also be used to repay or prepay certain debt and for general corporate expenses.
MK Sons Fine Jewels IPO GMP: Rs 7
Listing gain signaled: 4.32%
SFC Environmental Technologies IPO
SFC Environmental Technologies, a wastewater treatment solutions company, is offering an initial public offering (IPO) worth ₹668 crore (approximately $1.6 billion). The price band is set at ₹313 to ₹330 per share. At the upper price band, the company is valued at approximately ₹3,233 crore (approximately $1.6 billion). The IPO bidding process will close on October 29th.
The issue will consist of a fresh issue of equity shares worth ₹150 crore (approximately $1.5 billion). Additionally, promoters and existing shareholders will sell up to 15.7 million shares under an offer for sale. The proceeds from the new share issue will be used to repay debt and meet working capital needs.
SFC Environmental Technologies IPO GMP: Rs 32
Listing gain signaled: 9.70%
Bombay Coated and Special Steels IPO
Bombay Coated and Special Steels’ initial public offering (IPO) will open on October 29 and close on November 2. The company has set a price band of ₹78 to ₹82 per share. The company aims to raise ₹183.1 crore through this issue.
This will be a completely fresh issue, meaning new equity shares will be issued. The company will use ₹125 crore to repay or prepay certain debt. Additionally, ₹157 million will be used to cover the cost of acquiring capital equipment under an existing lease arrangement with Siemens Financial Services. The remaining proceeds will be used for general corporate purposes.
Bombay Coated and Special Steels IPO GMP: Rs 8
Listing gain signaled: 9.76%
However, it must be remembered that GMP is an unoffiicial indicator that can be volatile and cannot guarantee any listing gain.
Factors to be considered before investing?
The companies in these five IPOs have different business and fundraising objectives. Some companies are raising money for their businesses by issuing new shares, while others will involve existing shareholders selling their stake. Before investing, it’s important to understand the company’s business, financial position, the use of the IPO proceeds, and the risks involved.