IPO Subscription Today (29 Oct): BLS Polymers at 51x as 3 IPOs Close
Three IPOs — BLS Polymers, SFC Environmental and Wiscon Industries — close for subscription today, 29 October 2026, and the contrast between them could hardly be sharper. BLS Polymers is the runaway hit of the day, subscribed more than 51 times by late morning, while SFC Environmental and Wiscon Industries are both still short of full subscription heading into the final hours of bidding. Meanwhile, EAAA India Alternatives finalises allotment today ahead of its 2 November listing, and two new issues — Bombay Coated and Special Steels and Antala Industries — opened this morning.
All subscription figures below are from exchange-data trackers as of late morning on 29 October 2026 and will move before the 5 PM close. Final subscription numbers will be confirmed after bidding ends.
IPOs closing today: BLS, SFC and Wiscon
BLS Polymers: 51.28x and still climbing
BLS Polymers is the standout story of the day. The ₹255-crore mainboard issue (price band ₹142–₹150, lot of 100 shares, minimum investment ₹15,000) was subscribed 51.28 times by 10:56 AM, according to IPO Watch's live tracker — up from 46.74 times at 10:15 AM per NSE data reported by Moneycontrol. Non-institutional investors led the frenzy at 128.07 times, retail investors bid 40.68 times, and qualified institutional buyers subscribed 12.24 times. The grey market premium of around ₹51 (about 34% over the upper band) is unofficial and subject to change, but it points to a strong listing expectation. Allotment is expected on 30 October, with listing tentatively on 3 November on NSE and BSE.
SFC Environmental: under-subscribed at 0.38x
SFC Environmental Technologies, the ₹668-crore mainboard issue priced at ₹313–₹330, was subscribed just 0.38 times by late morning — QIB 0.08 times, NII 0.73 times and retail 0.41 times. Unless bidding picks up sharply in the final hours, the issue is heading for an under-subscribed close. Its allotment is scheduled for 30 October.
Wiscon Industries: 0.86x on the final day
Wiscon Industries, a BSE SME issue priced at ₹194–₹204, was subscribed 0.86 times by late morning, with QIB demand at 2.00 times offsetting weak NII (0.02 times) and retail (0.44 times) interest. Allotment is expected on 30 October and the shares are tentatively scheduled to list on BSE SME on 3 November.
Subscription status of all open IPOs (late morning, 29 Oct)
| IPO | Type | Price band | Closes | QIB | NII | Retail | Total |
|---|---|---|---|---|---|---|---|
| BLS Polymers | Mainboard | ₹142–₹150 | 29 Oct | 12.24x | 128.07x | 40.68x | 51.28x |
| SFC Environmental | Mainboard | ₹313–₹330 | 29 Oct | 0.08x | 0.73x | 0.41x | 0.38x |
| Wiscon Industries | SME | ₹194–₹204 | 29 Oct | 2.00x | 0.02x | 0.44x | 0.86x |
| M.K. Sons Fine Jewels | Mainboard | ₹153–₹162 | 30 Oct | 0.96x | 1.34x | 0.33x | 0.73x |
| Ajwa Projects | SME | ₹203 | 30 Oct | 0.00x | 0.08x | 0.90x | 0.49x |
| Carver Roboweld | SME | ₹76–₹80 | 30 Oct | 0.00x | 0.60x | 0.27x | 0.26x |
| Bombay Coated & Special Steels | Mainboard | ₹78–₹82 | 2 Nov | — | — | — | ~0.86x* |
| Antala Industries | SME | ₹63–₹67 | 2 Nov | 0.00x | 0.00x | 0.00x | 0.00x |
*Bombay Coated figure as reported by Business Standard at 11:39 AM (QIB 1.41 times, retail 0.38 times); tracker snapshots for this newly opened issue varied through the morning. All other figures are the IPO Watch late-morning snapshot.
New issues opening today
Bombay Coated and Special Steels opened today to raise ₹183.06 crore through an entirely fresh issue of 2.23 crore shares at ₹78–₹82, with a lot size of 182 shares (minimum investment ₹14,924). The issue closes on 2 November, allotment is expected on 3 November and listing is tentatively scheduled for 5 November on NSE and BSE. Its grey market premium of around ₹9 (about 11%) is unofficial. Smart Horizon Capital Advisors is the book-running lead manager and KFin Technologies is the registrar.
Antala Industries, a BSE SME issue priced at ₹63–₹67, also opened today and closes on 2 November, with allotment expected on 3 November. Bidding had barely begun by late morning.
IPOs closing tomorrow (30 Oct)
Three issues enter their final day tomorrow: M.K. Sons Fine Jewels (0.73 times at midday today), Ajwa Projects (0.49 times) and Carver Roboweld (0.26 times). All three need a stronger final session to reach full subscription, with allotment expected on 2 November.
EAAA India Alternatives allotment today
EAAA India Alternatives, the ₹1,200-crore mainboard issue that closed on 28 October subscribed about 5.5 times (QIB 13.80 times, NII 4.81 times, retail 1.08 times), finalises its basis of allotment today, 29 October. Investors can check their allotment on the websites of BSE, NSE or registrar MUFG Intime India. The shares are scheduled to list on 2 November, with the grey market premium at around ₹26 (about 1.6%, unofficial) suggesting a modest listing.
Key dates ahead
| Date | Event |
|---|---|
| 29 Oct | BLS Polymers, SFC Environmental, Wiscon Industries close; EAAA India Alternatives allotment |
| 30 Oct | M.K. Sons Fine Jewels, Ajwa Projects, Carver Roboweld close; BLS, SFC, Wiscon allotment; Core4 Engineers lists |
| 30 Oct | HGS (India), Maxwell Engineering, Johnsoncab Electricals, Vectras Enprocon open |
| 2 Nov | Bombay Coated, Antala close; EAAA India Alternatives lists; M.K. Sons, Ajwa, Carver allotment |
| 3 Nov | BLS Polymers, Wiscon Industries list; Bombay Coated, Antala allotment |
| 5 Nov | Bombay Coated and Special Steels lists (tentative) |
What to watch
- Final BLS numbers: with NII bids already above 128 times at midday, the final subscription could climb much higher by the 5 PM close.
- SFC and Wiscon final hours: both need late bidding to reach full subscription; under-subscription does not block listing but affects allotment and sentiment.
- EAAA allotment: check registrar MUFG Intime's website or the exchange IPO allotment pages with your PAN and application number.
- Tomorrow's closes: M.K. Sons, Ajwa and Carver all enter their last day below 1 time.
FAQs
Which IPOs close today, 29 October 2026?
BLS Polymers, SFC Environmental Technologies and Wiscon Industries all close today. BLS is heavily oversubscribed at over 51 times, while SFC (0.38 times) and Wiscon (0.86 times) were under-subscribed at midday.
When is the EAAA India Alternatives IPO allotment?
The allotment is finalised today, 29 October 2026. The ₹1,200-crore issue closed at about 5.5 times subscription, and the shares list on 2 November on BSE and NSE.
When do BLS Polymers shares list?
BLS Polymers allotment is expected on 30 October and listing is tentatively scheduled for 3 November 2026 on NSE and BSE.
Which IPOs are open for subscription now?
Besides the three closing today, M.K. Sons Fine Jewels, Ajwa Projects and Carver Roboweld are open until 30 October, and Bombay Coated and Special Steels and Antala Industries are open until 2 November.
Is the grey market premium a reliable listing indicator?
No. GMP is unofficial, market-reported data that can change quickly and does not guarantee the listing price. BLS Polymers' GMP of around 34% signals strong sentiment, but it is not a promise of listing gains.
Conclusion
Today's primary market is a tale of two extremes: BLS Polymers' blockbuster 51-times demand against SFC Environmental and Wiscon Industries struggling to fill their books. Investors watching the close should track the final subscription figures this evening, check EAAA allotment status, and note that three more issues close tomorrow. For the full morning picture, see our IPO GMP roundup for 29 October, and for a major upcoming listing candidate, read our Carlsberg India IPO deep-dive.