- Best listing: BLS Polymers at +65.3%
- Weakest: Wiscon Industries at 0.0%
- Average listing gain: +24.3% across 3 IPOs
- GMP was within 10 points for 1 of 2
In this post
Three companies made their stock market debut on Tuesday, 3 November 2026 (2 on the mainboard and 1 on the SME platforms). 2 opened above the issue price and 0 below. BLS Polymers had the strongest start, opening +65.3% at ₹248 against an issue price of ₹150; Wiscon Industries was the weakest at 0.0%.
Below: each listing price against the issue price and the last grey market premium (GMP), where the shares closed on day one, and how the issues were subscribed. Listing prices are the first trades on NSE, or BSE for issues listed only there.
Listing day at a glance
| IPO | Board | Issue price | GMP estimate | Listing price | Listing gain | Day-1 close | Close vs issue |
|---|---|---|---|---|---|---|---|
| BLS Polymers | Mainboard | ₹150 | ₹217 (+44.7%) | ₹248 | +65.3% | ₹268.8 | +79.2% |
| SFC Environmental Technologies | Mainboard | ₹330 | ₹351 (+6.4%) | ₹355.1 | +7.6% | ₹426.1 | +29.1% |
| Wiscon Industries | SME | ₹204 | — | ₹204 | 0.0% | ₹203.55 | -0.2% |
GMP vs the actual listing
The grey market came within 10 percentage points of the listing gain for 1 of 2 IPOs and within 5 points for 1. The biggest miss was BLS Polymers, which opened 20.7 points above what its GMP pointed to. Our GMP accuracy tracker keeps the running record across every listing.
Mainboard listings
BLS Polymers
It raised ₹255 Cr in its IPO. BLS Polymers opened at ₹248 on NSE, +65.3% against the issue price of ₹150. The last GMP before listing was ₹67, pointing to about ₹217, so the listing came in 20.7 points above the grey market estimate. The shares closed the day at ₹268.8 (+79.2% against the issue price), above where they opened. The issue had been subscribed 241.22x overall (QIB 200.25x, NII 559.20x, retail 128.36x). BLS Polymers IPO page
SFC Environmental Technologies
It raised ₹667.53 Cr in its IPO. SFC Environmental Technologies opened at ₹355.1 on NSE, +7.6% against the issue price of ₹330. The last GMP before listing was ₹21, pointing to about ₹351, so the listing came in 1.3 points above the grey market estimate. The shares closed the day at ₹426.1 (+29.1% against the issue price), above where they opened. The issue had been subscribed 9.47x overall (QIB 18.81x, NII 12.81x, retail 2.71x). SFC Environmental Technologies IPO page
SME listings
| IPO | Issue price | Listing price | Listing gain | Day-1 close | Subscribed |
|---|---|---|---|---|---|
| Wiscon Industries | ₹204 | ₹204 | 0.0% | ₹203.55 (-0.2%) | — |
Wiscon Industries
It raised ₹110 Cr in its IPO. Wiscon Industries opened at ₹204 on BSE, 0.0% against the issue price of ₹204. The shares closed the day at ₹203.55 (-0.2% against the issue price), below where they opened. Wiscon Industries IPO page
Next listings
These IPOs are due to list in the coming days. The GMP estimate is where the grey market expects them to open; as today showed, the actual listing can differ.
| IPO | Board | Listing date | Issue price | GMP | GMP estimate |
|---|---|---|---|---|---|
| Carver Roboweld | SME | Wed, 4 Nov | ₹80 | ₹5 (+6.3%) | ₹85 |
| M.K.Sons Fine Jewels | Mainboard | Wed, 4 Nov | ₹162 | ₹6.5 (+4.0%) | ₹168.5 |
| Ajwa Projects | SME | Wed, 4 Nov | ₹203 | ₹1 (+0.5%) | ₹204 |
| Bombay Coated & Special Steels | Mainboard | Thu, 5 Nov | ₹82 | ₹8 (+9.8%) | ₹90 |
| Antala Industries | SME | Thu, 5 Nov | ₹67 | — | — |
| Maxwell Engineering Solutions | SME | Fri, 6 Nov | ₹158 | ₹80 (+50.6%) | ₹238 |
| Vectras Enprocon | SME | Fri, 6 Nov | ₹105 | — | — |
| HGS (India) | SME | Fri, 6 Nov | ₹120 | ₹30 (+25.0%) | ₹150 |
| Johnsoncab Electricals | SME | Fri, 6 Nov | ₹200 | ₹10 (+5.0%) | ₹210 |
| Vedant Poly Fabs | SME | Mon, 9 Nov | ₹94 | ₹15 (+16.0%) | ₹109 |
What the day tells us
- The average listing gain was +24.3%, and 2 of 3 listings opened at a premium.
- Issues subscribed 50 times or more opened +65.3% on average, against +7.6% for the rest.
- By the close, 2 of 3 had risen above their listing price and 1 had fallen below it.
- Listing prices for every IPO are on the IPO listing today page, and year-wise results on the IPO report card.
Frequently asked questions
Which IPOs listed on 3 Nov 2026?
BLS Polymers, SFC Environmental Technologies and Wiscon Industries.
Which IPO gave the best listing gain on 3 Nov 2026?
BLS Polymers opened +65.3% at ₹248 against an issue price of ₹150 and closed the day at ₹268.8 (+79.2%).
How accurate was GMP on 3 Nov 2026?
GMP was within 10 percentage points of the listing gain for 1 of 2 IPOs. GMP is unofficial and can differ sharply from the listing price.
This update is compiled automatically from IPO Darbaar's IPO database at 9:45 PM IST on 3 November 2026. Dates, prices and GMP come from offer documents and market sources and can change; the linked IPO pages always show the latest figures. This is not investment advice.
IPOs in this post
For information and education only; not investment advice. Figures come from offer documents, exchange and SEBI filings and IPO Darbaar data as of the date of publishing. Grey market premium (GMP) is unofficial.
