IPO GMP Today (2 November 2026): EAAA Lists, BLS Polymers Holds ~45% Premium
Monday, 2 November 2026 opens a busy listing week for the Indian primary market. EAAA India Alternatives makes its stock market debut today, BLS Polymers and SFC Environmental Technologies list tomorrow, and Vedant Poly Fabs is the only new IPO opening for subscription today. Meanwhile, Bombay Coated & Special Steels and Antala Industries close for bidding today. Here is the morning grey market picture, the IPOs opening and closing today, and the key dates for the week.
All GMP figures below are unofficial, market-reported grey market premiums collected on the morning of 2 November 2026. They reflect sentiment, not a guaranteed listing price, and can change quickly during the day.
Today's GMP Snapshot: Top Movers
BLS Polymers continues to lead the mainboard pack, while Maxwell Engineering Solutions leads the SME board. EAAA, which lists today, trades at only a modest premium — a reminder that a strong anchor book does not always translate into a big grey market pop.
| IPO | Issue price | GMP today (unofficial) | Estimated listing price | Status |
|---|---|---|---|---|
| BLS Polymers | ₹150 | ₹65–73 (43–49%) | ~₹215–223 | Lists 3 Nov |
| Maxwell Engineering Solutions (SME) | ₹158 | ₹70 (44.3%) | ~₹228 | Closes 3 Nov |
| HGS (India) (SME) | ₹120 | ₹30 (25.0%) | ~₹150 | Closes 3 Nov |
| Vedant Poly Fabs (SME) | ₹94 | ₹5–15 (5–16%) | ~₹99–109 | Opens today |
| Bombay Coated & Special Steels | ₹82 | ₹7–10 (9–12%) | ~₹89–92 | Closes today |
| SFC Environmental Technologies | ₹330 | ₹21–26 (6–8%) | ~₹351–356 | Lists 3 Nov |
| EAAA India Alternatives | ₹1,665 | ₹52–65 (3–4%) | ~₹1,717–1,730 | Lists today |
| M.K. Sons Fine Jewels | ₹162 | ₹5.50–6.30 (3–4%) | ~₹167–168 | Allotment today |
| Vectras Enprocon (SME) | ₹105 | ₹0 | ~₹105 | Closes 3 Nov |
| Antala Industries (SME) | ₹67 | ₹0 | ~₹67 | Closes today |
EAAA India Alternatives Lists Today
EAAA India Alternatives, the ₹1,200 crore pure offer-for-sale issue from the Edelweiss alternatives platform, debuts on the BSE and NSE today. The issue closed on 28 October at 5.25 times subscription, with a ₹360 crore anchor book raised at the upper band of ₹1,665. Grey market trackers this morning indicate a premium of roughly ₹52–65, pointing to a listing around ₹1,717–1,730 — a modest 3–4% gain. That is a far cry from the blockbuster debuts seen earlier in October, and investors should watch whether institutional support holds the price above the issue price through the session.
Read our earlier coverage: EAAA IPO Listing 2 Nov: GMP, Expected Price & Dates.
BLS Polymers: The Week's Standout Premium
BLS Polymers remains the grey market star of this batch. The ₹255 crore pure fresh issue closed on 29 October with a massive 241.22 times subscription, and trackers this morning quote a premium of ₹65–73 over the ₹150 issue price — an estimated listing price of roughly ₹215–223, or 43–49% above the issue price. Allotment was finalised on 30 October, and the stock lists on 3 November. If the premium holds, it would be one of the strongest mainboard debuts of the current cycle.
Read our deep-dive: BLS Polymers IPO: ₹255 Cr Issue, Price Band & Dates.
Vedant Poly Fabs Opens Today — The Only New IPO This Week
Vedant Poly Fabs, a flexible packaging materials manufacturer (shrink films, printed laminates, pouches), opens its ₹56.68 crore NSE Emerge IPO today, 2 November. The price band is ₹88–94 per share, the lot size is 1,200 shares, and the minimum retail application is 2,400 shares (₹2,25,600 at the upper band). The issue closes on 4 November, allotment is expected on 5 November, and the tentative listing date is 9 November. Early grey market indications are modest, around ₹5–15, suggesting a mildly positive debut if sentiment holds.
Read our deep-dive: Vedant Poly Fabs IPO: ₹88–94 Price Band, Dates & Review.
Closing Today: Bombay Coated & Antala Industries
- Bombay Coated & Special Steels — the ₹183.06 crore mainboard issue (₹78–82, lot 182) closes today after reaching about 3.98 times subscription. GMP of ₹7–10 points to a listing around ₹89–92. Allotment is expected on 3 November, listing on 5 November.
- Antala Industries (SME) — the ₹23.33 crore BSE SME issue closes today at around 0.87 times subscription, with no grey market premium reported. It is expected to list on 5 November.
SME Watch: Maxwell and HGS Lead
Among SME issues closing tomorrow (3 November), Maxwell Engineering Solutions holds the strongest premium at ₹70 (44.3%) on 4.56 times subscription, followed by HGS (India) at ₹30 (25%) on 1.16 times subscription. Vectras Enprocon, also closing tomorrow, trades flat with no premium on 1.20 times subscription. The SME premium gap is a useful reminder: grey market strength and subscription demand do not always move together.
Read our HGS deep-dive: HGS India IPO 2026: Price Band, Dates, GMP & Review.
Key IPO Dates This Week
| Date | Event |
|---|---|
| 2 Nov (today) | EAAA India Alternatives lists; Vedant Poly Fabs opens; Bombay Coated & Antala Industries close; M.K. Sons Fine Jewels allotment |
| 3 Nov | BLS Polymers, SFC Environmental Technologies and Wiscon Industries list; Bombay Coated allotment; Maxwell, HGS, Vectras Enprocon close |
| 4 Nov | M.K. Sons Fine Jewels lists; Vedant Poly Fabs closes |
| 5 Nov | Bombay Coated & Antala Industries list; Vedant Poly Fabs allotment |
| 6 Nov | Maxwell, HGS, Vectras Enprocon and Johnsoncab Electricals list |
| 9 Nov | Vedant Poly Fabs lists (tentative) |
What GMP Does — and Does Not — Tell You
Grey market premium is an unofficial, unregulated indication of demand in the informal market for IPO shares before listing. It is not published by SEBI or the exchanges, it is not a price guarantee, and it can swing sharply on listing day itself. A high GMP with a huge subscription (BLS Polymers) is a stronger signal than a high GMP on thin bidding, and a modest GMP (EAAA) does not rule out a steady listing backed by institutional investors. Use GMP as one input alongside the company's fundamentals, valuation and subscription quality — never as the sole reason to apply.
FAQs
What is the GMP of BLS Polymers IPO today?
On the morning of 2 November 2026, trackers quote BLS Polymers at a grey market premium of roughly ₹65–73 over the ₹150 issue price, implying a listing around ₹215–223. The stock lists on 3 November. GMP is unofficial and subject to change.
Which IPO lists today, 2 November 2026?
EAAA India Alternatives lists on the BSE and NSE today. Its issue price is ₹1,665 and the morning grey market premium is roughly ₹52–65, implying a listing around ₹1,717–1,730.
Which IPO opens today, 2 November 2026?
Vedant Poly Fabs (NSE Emerge SME, ₹56.68 crore, ₹88–94) is the only new IPO opening today. It closes on 4 November and is tentatively scheduled to list on 9 November.
Which IPOs close today?
Bombay Coated & Special Steels (mainboard, ~3.98x subscribed) and Antala Industries (SME, ~0.87x) both close for subscription today, 2 November.
Is GMP a reliable predictor of listing gains?
Only partially. GMP reflects unofficial market sentiment and has often pointed in the right direction, but actual listing prices depend on market conditions, institutional activity and the stock's fundamentals on debut day. Treat it as an indicator, not a promise.
Conclusion
Today's session sets the tone for a listing-heavy week: EAAA's debut will test whether a modest grey market premium can still deliver a steady listing, while BLS Polymers heads into tomorrow's debut as the clear premium leader. With Vedant Poly Fabs the only fresh issue opening and two issues closing today, attention now shifts to how the week's 13 scheduled listings perform. We will track the debuts and subscription closes through the day — check back for the midday update.
Also read: 2 Nov IPOs: EAAA Lists, Bombay & Antala Close.