Post Jio boost: 5 IPOs to raise Rs 2,581 crore next week alongside India's
Benchmarks Nifty22,600.00-87.66FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.52 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return17.9 % Invest NowEnter search…
In a bustling week for the IPO market, five mainboard offerings are set to debut between October 26 and 30, aiming to amass an impressive Rs 2,581 crore. EAAA India Alternatives spearheads the launches, while Jio Platforms makes its entrance on October 28. Other notable entries include SFC Environmental Technologies and BLS Polymers on October 27, with MK Sons Fine Jewels and Bombay Coated and Special Steels following closely.
The primary market is set for another busy week, with five mainboard IPOs looking to raise a combined Rs 2,581 crore between October 26 and 30. The upcoming issues will be led by EAAA India Alternatives, while investors will also closely watch the stock market debut of Jio Platforms, India's largest IPO, and Paras Healthcare. The five companies hitting Dalal Street are EAAA India Alternatives, SFC Environmental Technologies, BLS Polymers, MK Sons Fine Jewels and Bombay Coated and Special Steels.Of the combined Rs 2,581 crore fundraising, fresh equity issuance accounts for Rs 808 crore, while the remaining Rs 1,773 crore will come through offers for sale (OFS) by existing shareholders.
The new offerings follow a record-breaking week for India's IPO market, with Jio Platforms attracting bids worth more than Rs 4.5 lakh crore and receiving over 1.25 crore applications, according to data compiled by Safal Capital.
Jio listing GMP and outlook
Two mainboard companies, Jio Platforms and Paras Healthcare, are scheduled to make their stock market debut on October 28.
Live Events
Jio's Rs 30,213 crore IPO closed on October 23 with an overall subscription of 22.19 times. Qualified institutional buyers subscribed 70.55 times their allotted shares, while retail investors bid for 2.72 times their reserved portion.
As of October 25, Jio shares were commanding an unofficial grey market premium (GMP) of around Rs 247 over the upper issue price of Rs 1,119. This indicates a potential listing price of Rs 1,366, representing a premium of nearly 22%.
Paras Healthcare, which raised Rs 1,450 crore through its IPO, is also scheduled to list on October 28. Its public offering was subscribed 2.23 times. The healthcare company's grey market premium was hovering around Rs 10-12 over its issue price of Rs 693, indicating a possible listing price of Rs 703-705, or gains of 1-2%.
Grey market premiums are unofficial indicators and may change before listing. Actual debut prices will depend on market conditions and investor demand.
EAAA India Alternatives IPO
EAAA India Alternatives will launch the largest IPO of the week, seeking to raise Rs 1,200 crore. The issue opens on October 26 and closes on October 28, with a price band of Rs 1,585-1,665 per share. The offering consists entirely of an OFS by promoter Edelweiss Securities and Investments, meaning the company will receive no proceeds from the IPO.
The minimum retail application is nine shares, requiring an investment of Rs 14,985 at the upper price band.
EAAA operates an alternative investment management platform focused on real assets and private credit. It managed assets worth Rs 95,345 crore as of June 2026.
SFC Environmental Technologies IPO
Wastewater treatment solutions provider SFC Environmental Technologies will open its Rs 667.53 crore IPO on October 27. The issue will close on October 29, with shares priced between Rs 313 and Rs 330 apiece. The IPO comprises a fresh issue of Rs 150 crore and an OFS worth Rs 517.53 crore.
The company plans to use part of the fresh proceeds to repay borrowings and meet working capital requirements.
SFC provides wastewater treatment and solid waste management solutions, including technology and equipment used in environmental infrastructure projects.
Retail investors can apply for a minimum of 45 shares, requiring Rs 14,850 at the upper end of the price band.
BLS Polymers IPO
BLS Polymers will raise Rs 255 crore through an entirely fresh issue opening on October 27 and closing on October 29. The company has fixed a price band of Rs 142-150 per share, with a minimum application size of 100 shares costing Rs 15,000 at the upper end.
BLS Polymers manufactures specialised polymer compounds used in power cables, telecommunications networks, railways and underground pipelines.
The company intends to use Rs 77.56 crore to expand its Goa manufacturing facility and Rs 89.5 crore to meet working capital requirements.
MK Sons Fine Jewels IPO
Jewellery retailer MK Sons Fine Jewels will open its Rs 275 crore public issue on October 28. The IPO will close on October 30, with a price band of Rs 153-162 per share.
The Mumbai-based company operates jewellery showrooms in Mumbai and Ahmedabad, offering gold, diamond and other jewellery products.
Bombay Coated and Special Steels IPO
Bombay Coated and Special Steels will be the final mainboard IPO to open during the week, launching its Rs 183.06 crore issue on October 29. Subscription will remain open until November 2. The company has fixed a price band of Rs 78-82 per share, and the entire offering consists of fresh equity.
Bombay Coated operates a steel processing business, converting steel coils into value-added products for industrial customers.
The company plans to use Rs 125 crore of the proceeds to repay borrowings and Rs 15.7 crore to acquire capital equipment, with the balance going towards general corporate purposes.
SME IPOs next week
The SME segment will also remain active, with four new issues scheduled to open for subscription, collectively seeking nearly Rs 200 crore.
Wiscon Industries will launch its Rs 110 crore IPO on October 27, followed by Carver Roboweld's Rs 28.29 crore issue and Ajwa Projects' Rs 38.05 crore offering on October 28. Antala Industries will open its Rs 23.33 crore IPO on October 29, with subscription closing on November 2.
Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and his ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosureshere.
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onJio IPOIPO newsIPOEAAA India Alternatives IPOSFC Environmental Technologies IPOBLS Polymers IPOMK Sons Fine Jewels IPOBombay Coated and Special Steels IPO
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onJio IPOIPO newsIPOEAAA India Alternatives IPOSFC Environmental Technologies IPOBLS Polymers IPOMK Sons Fine Jewels IPOBombay Coated and Special Steels IPO
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...morelessPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth EditionKYB and KYC: Business behind the wealth creator called ‘Divi’s Lab’ – Part 2, concluding
KYB and KYC: Business behind the wealth creator called “Divi’s Lab” – Part 1
The global business of promising more
One company, 2 words. Bond yield and CDS: Will they decide the fate of global markets?
Business of Odd Things: Inside an industry that farms fish that nobody is meant to eat
War's second-order effects are becoming visible in critical sectors
- 1
- 2
- 3
& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET
Unlock Access to All Exclusives with ETPrime FREE TRIAL
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
Trial offer expiring in00 : 05 : 00
I'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Unlock ETPrime's Exclusive Stories Today!
Big Price Drop! Flat 40% Off
Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In nowOffer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail OfferOffer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail OfferSpecial Offer
Get flat 40% off on ETPrime
Avail OfferAvail OfferClaim NowAlready a Member? Sign In nowNeed Assistance?
Connect with an ETPrime expert for personalized support and guidance
+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '' + h3 + '
' + h4 + '
- ' + listing + '
What’s Included with
ETPrime Membership
1Exclusive Insights That Matter
Uncover the truth with our investigative stories
Make strategic moves using the real-world case studies
Read industry-specific stories to identify emerging trends
Spot opportunities with in-depth insights that matter
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
The problem with lab grown diamonds
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
2Invest Wisely With Smart Market Tools & Investment Ideas
Alpha Trade
Get daily trade ideas from SEBI-registered research analysts.
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
All-in-one stock research with Stock Score, peer comparison & key signals.
BigBull Portfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
3Stay informed anytime, anywhere with ET ePaper
ePaper - Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper - Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
5Enjoy Complimentary Subscriptions From Top Brands
Stream new documentaries from all across the world every day.
Stories you might be interested in
Figures reflect the source report and its stated period. This article is for information and is not investment advice.
