India's primary market is gearing up for a busy week, with two major listings and five new Initial Public Offerings (IPOs) opening for subscription. Jio Platforms and Paras Healthcare are set to make their highly anticipated stock market debuts on October 28, 2026, while the new issues collectively aim to raise ₹2,581 crore from investors.
Jio Platforms and Paras Healthcare Listing
Reliance Industries-led Jio Platforms will list its shares on October 28, 2026. The telecom giant's mega IPO, which concluded between October 21 and 23, 2026, successfully raised a staggering ₹30,213 crore. The issue saw an overwhelming response, attracting nearly 1.39 crore applications and bids worth ₹4.90 lakh crore, marking it as India's largest-ever IPO in terms of application count and bidding value. The basis of allotment for Jio Platforms was finalized on October 26, 2026.
Also joining the market on October 28, 2026, is healthcare services provider Paras Healthcare. Its ₹1,450 crore IPO, which offered shares at ₹693 apiece, was open for subscription from October 21 to 23, 2026. The issue garnered significant investor interest, being subscribed 2.23 times overall and receiving 1.54 lakh applications. The allotment basis for Paras Healthcare was also finalized on October 26, 2026.
Sarvam Goel, founder of Pocketful, noted that the strong investor appetite for well-run businesses, evident in the Jio Platforms IPO, is now carrying into the upcoming busy week. He highlighted that refunds from the Jio issue would return to investors' accounts just as these new offerings open, injecting fresh liquidity back into the primary market.
Five New IPOs Open This Week
Five diverse companies are launching their IPOs this week, offering new investment avenues across various sectors:
EAAA India Alternatives (₹1,200 crore)
- This is the largest IPO opening this week, aiming to raise ₹1,200 crore.
- The issue is entirely an Offer For Sale (OFS) of 72.07 lakh shares by its promoter.
- The price band is set between ₹1,585 and ₹1,665 per share, with a lot size of nine shares.
- It is scheduled to list on Monday, November 2, 2026.
SFC Environmental Technologies (₹668 crore)
- The water treatment company seeks to raise ₹668 crore.
- Its IPO will be open from October 27 to October 29, 2026.
- The issue comprises a fresh share sale of ₹150 crore and an OFS of 1.56 crore shares worth ₹518 crore.
- Shares are priced in the band of ₹313–₹330, with a lot size of 45 shares.
BLS Polymers (₹255 crore)
- Specialized polymer compounds manufacturer BLS Polymers will open its ₹255 crore IPO from October 27 to October 29, 2026.
- The company is offering shares at ₹142–₹150 apiece, with a lot size of 100 shares.
- The issue is an entirely fresh sale of 1.70 crore equity shares.
MK Sons Fine Jewels (₹275 crore)
- MK Sons Fine Jewels is launching its ₹275 crore IPO from October 28 to October 30, 2026.
- The issue includes a fresh share sale of ₹220 crore and an OFS of 34 lakh shares worth ₹55 crore.
- The price band is ₹153–₹162 per share, with a lot size of 91 shares.
- Listing is scheduled for November 4, 2026.
Bombay Coated & Special Steels (₹183 crore)
- The smallest IPO of the week, Bombay Coated & Special Steels, comprises an entirely fresh issue of 2.23 crore shares worth ₹183 crore.
- The issue will open on October 29, 2026, and close on November 2, 2026.
- Shares are offered at ₹78–₹82 per share, with a lot size of 182 shares.
- The company is scheduled to list on Thursday, November 5, 2026.
Investor demand, however, remains selective, with recent subscription figures indicating that investors are assessing each issue based on its valuation and fundamentals rather than broader market sentiment. Businesses with clear earnings visibility and sensible valuations are expected to perform well, Goel added.