IPO GMP Today (3 Nov): BLS Lists at 45%, 4 SME IPOs Close
Important note: Grey Market Premium (GMP) is unofficial, unregulated market-reported data. It is not endorsed by SEBI, NSE or BSE, it varies between trackers, and it does not guarantee the actual listing price. Figures below are morning trackers for 3 November 2026.
Tuesday brings a busy primary-market day: three listings, four SME IPOs closing for subscription, and two allotments due tonight. BLS Polymers is the headline debut — its ₹255 crore issue was subscribed 241.22 times and carries a grey market premium of roughly ₹67–68, implying a listing near ₹217–218 against the ₹150 issue price. SFC Environmental Technologies and SME issue Wiscon Industries also list today.
Today's GMP snapshot (3 November, morning)
| IPO | Issue price | GMP (unofficial) | Est. listing price | Status today |
|---|---|---|---|---|
| Maxwell Engineering Solutions (SME) | ₹158 | ₹80 (+50.6%) | ~₹238 | Closes today; ~73–80x subscribed |
| BLS Polymers | ₹150 | ₹67–68 (+44.7–45.3%) | ~₹217–218 | Lists today; 241.22x subscribed |
| HGS (India) (SME) | ₹120 | ₹30 (+25.0%) | ~₹150 | Closes today; ~19–21x subscribed |
| Vedant Poly Fabs (SME) | ₹94 | ₹15 (+16.0%) | ~₹109 | Open; closes 4 Nov; ~0.4x subscribed |
| SFC Environmental Technologies | ₹330 | ₹21–32 (+6.4–9.7%) | ~₹351–362 | Lists today; 9.47x subscribed |
| Johnsoncab Electricals (SME) | ₹200 | ₹10–13 (+5.0–6.5%) | ~₹210–213 | Closes today; ~2.0x subscribed |
| Vectras Enprocon (SME) | ₹105 | Not quoted | — | Closes today; ~1.3x subscribed |
| Bombay Coated & Special Steels | ₹82 | ₹8–9.25 (+9.8–11.3%) | ~₹90–91 | Allotment tonight; lists 5 Nov |
Listing watch: BLS, SFC and Wiscon debut today
BLS Polymers is the day's biggest listing. The Goa-based polymer compounds maker raised ₹255 crore through a fully fresh issue at ₹142–150, and demand was overwhelming at 241.22x. Its GMP has held near ₹68 since 29 October after climbing from ₹18 when tracking began — a steady build rather than a one-day spike. Moneycontrol reported a ₹66 premium (about 44%) on 2 November.
SFC Environmental Technologies lists alongside BLS. Its ₹667.53 crore issue (₹150 crore fresh plus a ₹517.53 crore offer for sale) was priced at ₹330 and subscribed 9.47x. Trackers are split on its premium — roughly ₹21 to ₹32 — implying a listing somewhere between ₹351 and ₹362, a modest single-digit gain if the grey market is right.
Wiscon Industries, an SME issue, also debuts today after a muted 1.17x subscription. With no meaningful GMP quoted, its listing is the one to watch for a reality check on weaker SME demand.
Four SME IPOs close today — last chance to apply
- Maxwell Engineering Solutions — the standout of the open issues. At ₹80 GMP (+50.6%) and roughly 73–80x subscription, it is the strongest grey-market performer among issues still open. Its ₹58 crore issue (₹150–158, lot 800) closes at 5 PM today; allotment is due 4 November and listing on 6 November.
- HGS (India) — ₹30 GMP (+25%) on its ₹114–120 band, with subscription around 19–21x. The ₹35 crore issue also closes today, with the same 4 November allotment / 6 November listing schedule.
- Johnsoncab Electricals — a smaller premium of ₹10–13 (+5–6.5%) over its ₹200 upper band, subscribed about 2x. Closes today; allotment 4 November, listing 6 November.
- Vectras Enprocon — no GMP quoted and subscription of only about 1.3x on its ₹99–105 band. Closes today.
Vedant Poly Fabs is the only issue still open after today: its ₹88–94 SME IPO (₹15 GMP, about 0.4x so far) closes tomorrow, 4 November, and lists 9 November.
Allotment tonight, listings tomorrow
Allotment is expected tonight for Bombay Coated & Special Steels (₹183.06 crore, ₹78–82, GMP ₹8–9.25) and SME issue Antala Industries (1.12x). Both list on 5 November. Investors can check allotment on the registrar websites — KFin Technologies for Bombay Coated and Bigshare Services for Antala — or on the BSE/NSE allotment pages.
Tomorrow, 4 November, brings three more listings: M.K. Sons Fine Jewels (GMP ~₹6.50, about 4% over ₹162), Carver Roboweld (SME, GMP ~₹5, about 6.25% over ₹80, after 24.06x subscription) and Ajwa Projects (SME, GMP ~₹1, largely flat).
Key IPO dates this week
| Date | Event |
|---|---|
| Tue, 3 Nov | BLS Polymers, SFC Environmental & Wiscon list; Maxwell, HGS, Johnsoncab, Vectras close; Bombay Coated & Antala allotment |
| Wed, 4 Nov | M.K. Sons, Carver Roboweld & Ajwa list; Vedant Poly Fabs closes; Maxwell, HGS, Johnsoncab allotment |
| Thu, 5 Nov | Bombay Coated & Antala list; Vedant Poly Fabs allotment |
| Fri, 6 Nov | Maxwell, HGS, Johnsoncab list |
| Mon, 9 Nov | Vedant Poly Fabs lists |
FAQs
What is BLS Polymers IPO GMP today?
BLS Polymers GMP is about ₹67–68 on 3 November 2026 (unofficial), implying a listing near ₹217–218 against the ₹150 issue price.
Which IPOs are listing today (3 November 2026)?
BLS Polymers and SFC Environmental Technologies on the mainboard, plus SME issue Wiscon Industries.
Which IPOs close for subscription today?
Four SME IPOs: Maxwell Engineering Solutions, HGS (India), Johnsoncab Electricals and Vectras Enprocon. Bidding closes at 5 PM.
What is Maxwell Engineering Solutions IPO GMP today?
Maxwell's GMP is ₹80 (about +50.6%) on 3 November 2026 (unofficial), implying a listing near ₹238 against the ₹158 upper band.
When is Bombay Coated IPO allotment?
Allotment is expected tonight, 3 November 2026, with listing on 5 November 2026.
Conclusion
Today is a listing-heavy day led by BLS Polymers, where the grey market points to a strong debut, while SFC looks set for a modest gain. For investors still looking to apply, the window narrows fast: Maxwell and HGS carry the strongest premiums among the four SME issues closing at 5 PM, and Vedant Poly Fabs is the only issue left open after today. As always, treat GMP as sentiment — not a promise — and check allotment status tonight if you applied to Bombay Coated or Antala.
Related reading: IPO GMP Today (2 Nov): EAAA Lists, BLS at 45% Premium · IPO GMP Today (31 Oct): Maxwell Leads at 44% · Upcoming IPOs This Week (2–8 Nov) · EAAA IPO Listing Close 2 Nov