Upcoming IPOs in November 2026: Mainboard and SME Issues to Watch

Mainboard IPOs

Bombay Coated and Special Steels IPO is open from 29th October to 2nd November 2026. The mainboard issue has a price band of ₹78–₹82 and an issue size of around ₹183.06 cr. The business is in the area of steel processing (slitting and cutting of coated steel coils).

Other mainboard IPOs from late October (EAAA India Alternatives, BLS Polymers, SFC Environmental Technologies) are scheduled to go live in early November. These are not fresh November subscription openings. The allotment and listing updates for these will be of interest to investors in the aftermath of the market.

SME IPOs

Several SME issues are also open into the first week of November:

• Antala Industries: Open 29th Oct to 2nd Nov @ ₹63-67 per share.
• HGS (India): Open 30th October to 3rd November, price band ₹114–120.
• Johnsoncab Electricals: Open Oct 30 to Nov 3. Price band: Rs 190-200.
• Maxwell Engineering Solutions: Open Oct 30 to Nov 3, price band of ₹150-₹158.
• Vectras Enprocon: Open 30th October to 3rd November, price band of ₹99-₹105.
• Vedant Poly Fabs: Open Nov 2-4. Price band of ₹88-₹94.

Issue dates and the like may well have changed. Investors should always check the most up to date exchange announcements and offer documents prior to applying.

What should investors be looking at before they apply?

Before you invest in an IPO you should look at the business model, the financials, the valuation, the issue size and the intended use of the proceeds. You should also look at the lot size, the subscription dates, the investor category allocation and the risks as set out in the offer documents.

An IPO application in no way guarantees you will get allotted or make a listing gain. You have to make your own investment decision based on your own financial situation and your own level of risk tolerance rather than on the number of subscriptions or market talk.