Five companies are set to launch their initial public offerings next week, seeking to raise close to ₹2,600 crore from the primary market. According to reports from Business Standard, The Times of India, and The Hindu, EAAA India Alternatives, SFC Environmental Technologies, and M K Sons Fine Jewels will open their IPOs between October 26 and October 29. Additionally, BLS Polymers and Bombay Coated and Special Steels will also float their maiden public offerings during the same period. 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.
EAAA India Alternatives, an arm of Edelweiss Financial Services, will open its ₹1,200-crore IPO on October 26 and close it on October 28. The company has fixed a price band of ₹1,585-1,665 per share, valuing it at ₹10,765 crore at the upper end. The issue is entirely an offer for sale (OFS) by the Edelweiss Group, meaning the company will not receive any proceeds from the offering. SFC Environmental Technologies, a wastewater treatment solutions provider, will launch its ₹668-crore IPO with the subscription closing on October 29. The company has fixed a price band of ₹313-330 per share, valuing it at around ₹3,233 crore at the upper end. The issue comprises a fresh issue of equity shares worth ₹150 crore and an OFS of up to 1.57 crore shares by promoters and existing shareholders.
The upcoming issues will offer investors exposure to sectors such as alternative investments, polymers, steel processing, wastewater treatment and jewellery retail. As reported by Business Standard, The Times of India, and The Hindu, 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. The ₹275.4-crore IPO of M K Sons Fine Jewels will open on October 28 and close on October 30, with the company planning to use proceeds for inventory requirements and expanding showrooms in Maharashtra and Gujarat. The company has already raised around ₹360 crore from anchor investors ahead of the public issue.
BLS Polymers will launch its ₹255-crore IPO on October 27 with the issue closing on October 29, fixing a price band of ₹142-150 per share. The company plans to utilise ₹77.56 crore from proceeds to expand manufacturing facility and increase production capacity, while ₹89.5 crore will be used for working capital requirements. The issue comprises a fresh offering of 1.7 crore equity shares. Bombay Coated and Special Steels will open its ₹183.1-crore IPO on October 29 with the issue closing on November 2, with the company planning to utilise ₹125 crore towards borrowing repayment and ₹15.7 crore for capital equipment acquisition under existing lease arrangements with Siemens Financial Services. The IPO will be an entirely fresh issue of equity shares with a price band of ₹78-82 per share.
These upcoming issues follow a busy month for the primary market, which saw Jio Platforms launch the country's biggest-ever public issue worth ₹30,213 crore. According to merchant bankers cited by Business Standard and The Hindu, as many as 104 companies have raised over ₹1.4 lakh crore through IPOs in 2026 so far, suggesting continued activity in the primary market. 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, with price band declarations and launch plans expected by November 5. Markets and business activity in Gujarat are likely to be affected by the post-Diwali observance of Labh Pancham from November 6 to 15.
