Calculations from issue details put nine Indian IPOs scheduled to open between Oct. 26 and Oct. 29 at ₹2,780.66 crore in full offer value at upper price limits, exceeding the total The Economic Times reported.
The Economic Times reported ₹2,768 crore for the week. The higher figure counts the full SME offer sizes; removing about ₹12.48 crore of shares reserved for market makers in four SME issues yields a calculated ₹2,768.18 crore. The outlet did not specify its calculation basis, so the connection between the totals is an inference from the disclosed offer details.
The five mainboard offers account for ₹2,580.99 crore, with four small and medium enterprise (SME) issues adding about ₹199.67 crore. NSE issue information lists EAAA India Alternatives' ₹1,200 crore offer for sale of existing shares, with bidding set for Oct. 26-28.
SFC Environmental Technologies has the second-largest offer at ₹667.53 crore, according to NSE issue information. Its Oct. 27-29 issue includes a ₹150 crore fresh issue and an offer for sale of up to 15,682,750 shares at a top price of ₹330.
Other mainboard offers are M. K. Sons Fine Jewels at ₹275.40 crore, BLS Polymers at up to ₹255 crore and Bombay Coated and Special Steels at ₹183.06 crore. M. K. Sons' prospectus sets a bid window of Oct. 28-30, with 17 million shares priced up to ₹162 each. A Securities and Exchange Board of India (SEBI) filing shows BLS Polymers' offer of up to 17 million shares; at an upper price of ₹150, it is worth ₹255 crore.
The issue calendar shows openings starting Monday, Oct. 26, with bidding windows extending as late as Nov. 2.
