Business · Companies · 2 hrs ago
Five Indian companies plan IPOs seeking nearly ₹2,600 crore
Five companies plan IPOs in India next week, seeking to raise nearly ₹2,600 crore in total.
The offerings are EAAA India Alternatives, SFC Environmental Technologies, M. K. Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels.
Subscriptions are scheduled to open from October 26 to 29, with the companies operating in areas such as investment services, wastewater treatment, polymers, steel and jewellery.
An IPO is a company's first sale of shares to the public, though some of these offerings also include shares sold by existing owners.
Some proceeds will fund expansion, working capital or debt repayment, while EAAA India Alternatives' offer is entirely a sale by its parent group, so the company will receive no proceeds from it.
The IPOs come after a busy period for India's primary market: 104 companies have raised more than ₹1.4 lakh crore through IPOs in 2026 so far.
Investors can subscribe during each offer's stated window, with closing dates running from October 28 to November 2.
Five Indian companies plan to launch initial public offerings between October 26 and October 29, seeking to raise nearly ₹2,600 crore.
The companies are EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels.
The offerings cover alternative investments, wastewater treatment, jewellery retail, polymers and steel processing.
The IPOs are expected to fund business needs including expansion, working capital and debt repayment, while some existing shareholders will sell shares.
- Who
- EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels.
- What
- The five companies plan IPOs to raise nearly ₹2,600 crore.
- When
- The offerings are set to open between October 26 and October 29, 2026.
- Where
- India’s primary market.
- Why
- The companies are seeking funds for business expansion, working capital and debt repayment; some existing shareholders also plan to sell shares.
This story does not have two clearly opposing sides.
EAAA India Alternatives is scheduled to open its ₹1,200-crore IPO.
BLS Polymers is scheduled to open its ₹255-crore IPO.
M K Sons Fine Jewels is scheduled to open its ₹275.4-crore IPO.
Bombay Coated and Special Steels is scheduled to open its ₹183.1-crore IPO.
- Total planned fundraising
- Nearly ₹2,600 crore
- Number of IPOs
- 5
- EAAA India Alternatives IPO
- ₹1,200 crore
- SFC Environmental Technologies IPO
- ₹668 crore
- M K Sons Fine Jewels IPO
- ₹275.4 crore
- BLS Polymers IPO
- ₹255 crore