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Five IPOs to Open Next Week Targeting Nearly ₹2,600 Crore

A mix of offer‑for‑sale deals and fresh equity will let promoters monetise holdings and raise capital that may keep India’s busy 2026 primary market active.

Overview

  • Five companies — EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels — have set subscription windows between October 26 and October 29 for offers that total about ₹2,600 crore.
  • EAAA India Alternatives leads the slate with a ₹1,200‑crore offer that is entirely an offer‑for‑sale; the Edelweiss group has secured roughly ₹360 crore from anchor investors so far.
  • SFC Environmental is proposing a ₹668‑crore IPO with a ₹150‑crore fresh issue and an OFS component, and it plans to use the fresh proceeds for debt repayment and working capital.
  • M K Sons will use net proceeds to expand showrooms and cut borrowings while BLS Polymers and Bombay Coated plan to fund capacity expansion, working capital and equipment or debt repayment through their fresh issues.
  • These filings build on heavy 2026 primary‑market activity — 104 firms have raised over ₹1.4 lakh crore this year — and merchant bankers say more mid‑size IPOs are likely to be announced after the Diwali period which could sustain investor demand.