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BLS Polymers IPO sees strong demand, SFC Environmental Tech sails through on closing day


Two mainboard IPOs, BLS Polymers and SFC Environmental Technologies, are closing for subscription today, with investor response ranging from strong demand for BLS Polymers to modest interest in SFC Environmental Technologies, according to subscription data available.

BLS Polymers IPO was subscribed 241.22 times, while SFC Environmental Technologies IPO fetched 9.47 bids, with the NII category recording the strongest demand among each investor segments.

BLS Polymers IPO

BLS Polymers IPO was subscribed 241.22 times overall. The qualified institutional buyers (QIBs) category was subscribed 200.25 times, while the NII portion was booked 559.20 times. The retail investor category was subscribed 128.36 times.

The ₹255-crore IPO comprises a fresh issue of 1.7 crore equity shares. The price band has been fixed at ₹142-150 per share. BLS Polymers has raised ₹76.50 crore from anchor investors.

According to the red herring prospectus, the company plans to utilise ₹77.56 crore from the issue proceeds to expand its manufacturing facility and increase production capacity for certain existing products. Another ₹89.5 crore will be used to meet working capital requirements, while the remaining amount will be allocated towards general corporate purposes.

SFC Environmental Technologies IPO

SFC Environmental Technologies IPO received an overall subscription of 9.47 times. The QIB category was subscribed 18.81 times, the NII portion 12.81 times and the retail investor category 2.71 times.

The company’s ₹668-crore IPO has a price band of ₹313-330 per share, valuing it at around ₹3,233 crore at the upper end of the price band. The issue comprises a fresh issue of equity shares worth ₹150 crore and an offer for sale (OFS) of up to 1.57 crore equity shares by promoters and existing shareholders.

SFC Environmental Technologies has raised ₹200 crore from anchor investors. Proceeds from the fresh issue will be used for debt repayment and working capital requirements.

Both the stocks will tentatively list on bourses on November 3, 2026.

Published on October 29, 2026

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