New Delhi, 25 October (H.S.): India’s primary market is set for a busy trading week beginning Monday, October 26, with nine companies scheduled to launch their initial public offerings (IPOs), aiming to raise funds from investors. The proposed offerings include six mainboard issues and three small and medium enterprise (SME) issues, according to the supplied schedule.

EAAA India Alternatives, a subsidiary of Edelweiss Financial Services, will open its Rs 1,200-crore IPO for subscription on October 26. Investors can bid for the issue until October 28, with the price band fixed at Rs 1,585 to Rs 1,665 per share. The issue is entirely an offer for sale (OFS), meaning the proceeds will go to the selling shareholders rather than the company. The company has already raised approximately Rs 360 crore from anchor investors ahead of the launch.

On October 27, SFC Environmental Technologies, a provider of wastewater treatment solutions, will open its Rs 668-crore IPO. The issue will remain open until October 29, with a price band of Rs 313 to Rs 330 per share. It comprises a fresh issue of shares worth Rs 150 crore and an offer for sale of 1.57 crore shares by existing shareholders.

BLS Polymers, a company operating in the polymer sector, will also launch its Rs 255-crore IPO on October 27. The subscription window will close on October 29, and the price band has been set at Rs 142 to Rs 150 per share. The company plans to issue 1.70 crore fresh shares through the offering.

On October 28, jewellery retailer M.K. Sons Fine Jewels will open its Rs 275.4-crore IPO. Investors can subscribe until October 30, with the price band fixed at Rs 153 to Rs 162 per share. The issue comprises 1.36 crore fresh shares and an offer for sale of 34 lakh shares by promoter Ramchand Murlidhar Raymalani. The lot size is 91 shares, and the company's shares are tentatively scheduled to be listed on the BSE and NSE on November 4.

Also opening on October 28, Ajwa Projects, a company in the manufacturing sector, will launch its Rs 38.05-crore IPO. The issue will close on October 30 and has a fixed price of Rs 203 per share, with a lot size of 600 shares. Following the closure of the subscription window, the company's shares are tentatively expected to be listed on the BSE SME platform on November 4.

Carver Roboweld will also open its Rs 28.29-crore IPO on October 28, with bidding scheduled to continue until October 30. The price band has been set at Rs 76 to Rs 80 per share, and the lot size is 1,600 shares. The company's shares are tentatively scheduled to be listed on the BSE SME platform on November 4.

On October 29, Bombay Coated and Special Steels, a company operating in the steel processing sector, will launch its Rs 183.1-crore IPO. The issue will remain open for subscription until November 2, with a price band of Rs 78 to Rs 82 per share. The offering consists entirely of fresh shares. The proceeds are generally intended to support business requirements such as debt repayment, expansion and working capital, depending on the purposes specified in the company's offer documents.

Antala Industries will also open its Rs 23.33-crore IPO on October 29. Investors can bid until November 2, with the price band set at Rs 63 to Rs 67 per share. The lot size is 2,000 shares, and the company's shares are tentatively expected to be listed on the BSE SME platform on November 5.

The upcoming offerings are expected to draw attention from investors tracking India's primary market, particularly as companies across financial services, environmental technology, polymers, jewellery and manufacturing seek access to public capital. Investors should review the respective offer documents, financial disclosures, valuation and risk factors before making subscription decisions.

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Hindusthan Samachar / Jun Sarkar