Five IPOs to open next week; companies eye close to Rs 2,600 Cr

Next week, five companies, including EAAA India Alternatives, SFC Environmental Technologies, and M K Sons Fine Jewels, are set to launch their initial public offerings (IPOs) in India, aiming to raise nearly Rs 2,600 crore in the primary market. BLS Polymers and Bombay Coated and Special Steels are also slated to float their maiden public offerings during the week.

Other companies, such as 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. These upcoming IPOs will follow a busy month in the primary market, which saw Jio Platforms launch the country's biggest-ever public issue worth Rs 30,213 crore.

The five companies' IPOs will open for subscription between October 26 and October 29, offering investors exposure to sectors such as alternative investments, polymers, steel processing, wastewater treatment, and jewellery retail.

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