IPO GMP Today 11 Oct: HD Fire Protect at 28%, Ravita Jumps to 10.7%
It is a quiet Sunday on the primary market — no bidding today — but the grey market is busy repricing the big week ahead. HD Fire Protect holds the top spot with a premium of around ₹75 (~27.7%) two days before its 13 October opening, Ravita Engineering Services has jumped to ₹12 (+10.7%) ahead of its SME debut the same day, and Fusion CX is firm at ₹53 (+18.3%) before opening on 14 October. Meanwhile, R.K. Fashion Accessories is set to list tomorrow, 12 October, and two more big mainboard names — Sahajanand Medical Technologies and Bonfiglioli Transmissions — have reportedly locked 15 October openings. Here is the full GMP picture for 11 October 2026.
Live GMP Movers: Mainboard IPOs (11 October 2026)
| IPO | Issue Price | GMP (unofficial) | Est. Listing Gain | Status |
|---|---|---|---|---|
| HD Fire Protect | ₹271 | ₹75 (+27.7%) | ~₹346 | Opens 13 Oct |
| Fusion CX | ₹289 | ₹53 (+18.3%) | ~₹342 | Opens 14 Oct |
| Jio Platforms | ₹1,065–1,119 (reported band) | ~₹171 (+15.3%) | ~₹1,290 | Opens 21 Oct (reported) |
| Canara Robeco AMC | ₹266 | ~₹20 (+7.5%) | ~₹286 | Closes 13 Oct |
HD Fire Protect remains the grey market's favourite ahead of its 13–15 October offer — a ₹712 crore pure OFS by promoters at ₹258–271 per share, with anchor bidding on 12 October. Fusion CX follows with its ₹702 crore issue (₹500 crore fresh + ₹202 crore OFS) opening 14 October. Canara Robeco's GMP has cooled to ~₹20 from ~₹35 earlier in the week as the AMC offer enters its final bidding day on 13 October.
Live GMP Movers: SME IPOs (11 October 2026)
| IPO | Price Band | GMP (unofficial) | Est. Listing Gain | Status |
|---|---|---|---|---|
| Ravita Engineering Services | ₹105–112 | ₹12 (+10.7%) | ~₹124 | Opens 13 Oct |
| R.K. Fashion Accessories | ₹82 | ~₹1.50 (+1.8%) | ~₹83.50 | Lists 12 Oct |
| Vaibhav Vyapaar | ₹50–54 (reported) | ₹0 | Flat | Opens 13 Oct |
Ravita Engineering is the SME mover of the day — its premium has risen from nil to ₹12 in the grey market, suggesting an estimated listing near ₹124 on its NSE SME issue of about ₹116 crore opening 13 October. R.K. Fashion Accessories, which closed at ~2.7x subscription, lists on NSE Emerge tomorrow (12 October) with the grey market pricing it nearly flat at ~₹83.50 against the ₹82 issue price. Vaibhav Vyapaar's ₹40.5 crore SME issue also opens on 13 October with no premium quoted yet.
New This Week: Sahajanand Medical & Bonfiglioli Dates Reported
The October IPO pipeline got busier over the weekend. Sahajanand Medical Technologies has reportedly locked 15–19 October for its offer, with a tentative listing on 23 October, while Bonfiglioli Transmissions (a ~₹2,500 crore issue per market reports) is also expected in the same 15–19 October window with grey market quotes around ₹120–137. Zetwerk's ~₹5,000 crore issue is likewise targeted at the same week, though price bands are still awaited.
This fits the broader rush: roughly ₹50,000 crore of IPOs are expected to hit the Street before Diwali, led by Jio Platforms (~₹31,000 crore, 21–23 October), Avaada Electro (~₹7,600 crore) and Carlsberg India (~₹6,500 crore, SEBI cleared), with Torrent Gas, Paras Healthcare and SFC Environmental Technologies also in the queue.
Key IPO Dates This Week (12–16 October 2026)
| Date | Day | What's Happening |
|---|---|---|
| 12 Oct | Monday | R.K. Fashion Accessories lists (NSE SME); HD Fire Protect anchor bidding |
| 13 Oct | Tuesday | Canara Robeco closes; HD Fire Protect opens; Ravita Engineering opens; Vaibhav Vyapaar opens |
| 14 Oct | Wednesday | Fusion CX opens; Canara Robeco allotment |
| 15 Oct | Thursday | HD Fire Protect, Ravita Engineering, Vaibhav Vyapaar close; Sahajanand Medical opens (reported); Zetwerk opens (reported) |
| 16 Oct | Friday | Fusion CX closes; Canara Robeco lists; HD Fire Protect allotment |
FAQs
Which IPO has the highest GMP today (11 October 2026)?
HD Fire Protect leads with an unofficial GMP of ~₹75 (~27.7% over the ₹271 upper band), followed by Fusion CX at ~₹53 (+18.3%) and SME player Ravita Engineering Services at ~₹12 (+10.7%).
Which IPOs open this week?
HD Fire Protect opens 13 October, Fusion CX opens 14 October, and SME issues Ravita Engineering Services and Vaibhav Vyapaar open 13 October. Canara Robeco AMC closes 13 October. Sahajanand Medical Technologies and Zetwerk are reportedly scheduled for 15 October openings.
When does R.K. Fashion Accessories list?
R.K. Fashion Accessories lists on NSE Emerge on Monday, 12 October 2026. The grey market is pricing it nearly flat — a GMP of ~₹1.50 against the ₹82 issue price, implying a listing near ₹83.50.
Is GMP a reliable indicator of listing price?
No. GMP is unofficial and unregulated — it reflects the sentiment of grey market dealers, not fundamentals, and can move sharply before listing. Recent history shows it is directionally useful but rarely exact: Acme India closed at +18.4% against a 34% GMP, while EverestIMS closed +48.2% against a 58.8% GMP. Always weigh the company's financials and valuations before applying.
When is the Jio Platforms IPO?
Media reports place the Jio Platforms IPO opening on 21–23 October with a price band of ₹1,065–1,119 (reported). It would be India's largest IPO at around ₹30,200–31,000 crore. The current unofficial GMP is ~₹171 (+15.3%).
Conclusion
Sunday's grey market is setting the stage for the busiest IPO week of the month: HD Fire Protect's ~28% premium and Fusion CX's ~18% premium signal strong listing appetite for the two big mainboard issues opening this week, while Ravita Engineering's jump to ~₹12 shows SME demand picking up too. With R.K. Fashion listing tomorrow and Canara Robeco closing on Tuesday, the calendar stays packed right through to the Diwali pipeline. Watch the anchor book for HD Fire Protect on 12 October — it will set the tone for the week. As always, treat GMP as sentiment, not a guarantee.