India’s primary market is set for a busy week, with five initial public offerings (IPOs) scheduled to open for subscription next week as companies look to raise nearly Rs 2,600 crore from investors. The upcoming issues are expected to keep market participants focused on the IPO segment, with investor interest likely to hinge on factors such as company valuations, business prospects and broader market sentiment.
\n\nThe upcoming issues include EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels, with subscription windows opening between October 26 and October 29.
\n\nEAAA India Alternatives: The company is an arm of Edelweiss Financial Services, and the IPO will open its Rs 1,200-crore IPO on October 26 and close it on October 28 with the price band is Rs 1,585-1,665 per share, valuing the company at Rs 10,765 crore at the upper end.
\n\nSFC Environmental Technologies: The wastewater treatment solutions provider will launch its Rs 668-crore IPO, closing on October 29. The price band is Rs 313-330 per share, valuing the company at around Rs 3,233 crore at the upper end. The issue comprises a fresh issue of equity shares worth Rs 150 crore and…
Original source: https://www.timesnownews.com/business-economy
