Four companies across diverse sectors are actively drawing market participation, with subscription windows for BLS Polymers and SFC Environmental Technologies closing on October 29. BLS Polymers currently leads the cohort with an anticipated listing gain of 34% based on unofficial trading. Meanwhile, SFC Environmental Technologies sits at the lower end with an implied debut gain of just over 3%. Bombay Coated & Special Steels and M.K. Sons Fine Jewels hold the middle ground with projected single-to-double-digit listing premiums.
Key points
BLS Polymers leads current subscription market sentiment with an implied debut gain of 34…: BLS Polymers leads current subscription market sentiment with an implied debut gain of 34% over its issue price.
SFC Environmental Technologies records the lowest anticipated debut upside among the four…: SFC Environmental Technologies records the lowest anticipated debut upside among the four public offerings at 3.03%.
Grey market premiums represent unofficial, fluctuating indicators that provide no guarant…: Grey market premiums represent unofficial, fluctuating indicators that provide no guarantee of actual debut prices on stock exchanges.
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IPO GMP comparison: Four public issues - BLS Polymers IPO, SFC Environmental Technologies IPO, M.K. Sons Fine Jewels IPO and Bombay Coated & Special Steels IPO are open for subscription on Thursday, 29 October.
BLS Polymers IPO and SFC Environmental Technologies IPO opened for bidding on 27 October and will close today, 29 October.
The grey market premium (GMP) of four ongoing IPOs — BLS Polymers, SFC Environmental Technologies, M.K. Sons Fine Jewels, and Bombay Coated and Special Steels — indicates differing expectations for their stock market debuts. Among the four, BLS Polymers has the strongest grey market premium, while SFC Environmental Technologies has a relatively modest premium.
According to the latest figures available on InvestorGain on October 29, BLS Polymers has a GMP of ₹51 per share, followed by M.K. Sons Fine Jewels at ₹15, SFC Environmental Technologies at ₹10, and Bombay Coated and Special Steels at ₹9.
The latest available GMP figures show that BLS Polymers leads the comparison, with a premium equivalent to 34% of its issue price.
M.K. Sons Fine Jewels follows with an implied premium…
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