IPO GMP Today (21 Oct): Jio & Paras Healthcare Open, HD Fire Protect Lists
Today is the biggest single day the Indian primary market has seen in years. Jio Platforms, India's largest-ever IPO at ₹30,213 crore, and Paras Healthcare, a ₹1,450 crore hospital-chain issue, both open for subscription today (21 October 2026) and close on 23 October. At the same time, HD Fire Protect (subscribed 131.70x) makes its stock-market debut alongside SME issue Vaibhav Vyapaar, while Tonbo Imaging finalises allotment ahead of its 23 October listing.
Here is the latest grey market premium (GMP) snapshot for this morning, the opening-day details of both new issues, and the full IPO calendar for the day.
Note: GMP is unofficial, unregulated market chatter — not a SEBI/NSE figure — and can move sharply within hours. Treat it as a sentiment gauge, not a listing guarantee.
IPO GMP Today: Morning Snapshot (21 Oct 2026)
| IPO | GMP (₹, unofficial) | Est. Gain % | Today's Event |
|---|---|---|---|
| Jio Platforms | ₹245–260 | ~22–23% | Opens for subscription |
| Paras Healthcare | ₹43–50 | ~6–7% | Opens for subscription |
| Tonbo Imaging | ₹510–515 | ~73% | Allotment finalised (lists 23 Oct) |
| HD Fire Protect | ₹60–71 | ~22–26% | Lists today (BSE + NSE) |
| Bonfiglioli Transmissions | ₹130–137 | ~22–23% | Allotment finalised (lists 23 Oct) |
| Shellz India (SME) | ₹35 | ~20% | Allotment finalised (lists 23 Oct) |
| Sahajanand Medical | ₹24–25 | ~7% | Allotment finalised (lists 23 Oct) |
| BLS Polymers | ₹20–30 | ~20% | Opens 27 Oct |
| Fusion CX | ₹15–20 | ~5–7% | Lists 22 Oct |
| Vaibhav Vyapaar (SME) | ₹3–5 | ~6–9% | Lists today (NSE SME) |
| Zetwerk | ₹2–3 | ~1–2% | Allotment finalised (lists 23 Oct) |
GMP figures are compiled from tracker sites (ChanakyaNiPothi, IPO Watch, Arthneeti, ipoagent) on 20–21 Oct 2026 and vary between trackers — ranges shown where they differ.
Jio Platforms IPO Opens Today: India's Biggest-Ever Issue
The headline event: Jio Platforms' ₹30,213 crore IPO opens for subscription today, the largest public issue in Indian history, overtaking Hyundai Motor India's ₹27,800 crore offer. It closes on 23 October.
- Price band: ₹1,065–1,119 per share; lot size: 12 shares (minimum investment ₹13,428)
- Issue type: 100% fresh issue of 27 crore shares — all proceeds go to the company (₹27,500 crore for RJIL debt repayment)
- Today's GMP: ₹245–260 across trackers (Economic Times, Financial Express), implying a listing around ₹1,364–1,379 — about 22–23% above the upper band
- Anchor book: ₹8,109.85 crore raised from 212 investors on 19 Oct at ₹1,119 — LIC got the largest allocation (~₹500 crore); total demand reportedly crossed ₹2.5 lakh crore (30x+)
- Allotment: 26 Oct | Listing: 28 Oct (BSE + NSE)
- RIL shareholder quota: ₹2,500 crore reserved for Reliance Industries shareholders (record date 14 Oct); employees ₹500 crore
Brokerages have largely issued "subscribe" calls, citing telecom market leadership and pricing power — though several also flag the demanding ₹10.3 lakh-crore valuation. Full details in our earlier previews: Jio Platforms IPO: Price Band, Lot Size, Dates & GMP and Jio IPO Anchor Book: 30x Bids.
Paras Healthcare IPO Opens Today: ₹1,450 Cr Hospital Play
The second big opening of the day is Paras Healthcare, an 8-hospital, 2,211-bed chain, with a ₹1,450 crore issue (₹500 crore fresh + ₹950 crore OFS) open today through 23 October.
- Price band: ₹660–693; lot size: 21 shares (minimum ₹14,553; max 13 lots retail)
- Anchor book: ₹652.5 crore raised on 20 Oct
- Today's GMP: ₹43–50 (trackers), implying a listing near ₹743 — about 7% above the upper band; one tracker quotes ₹75–77, implying up to ~11%
- Financials: FY26 revenue ₹1,210.50 crore, PAT ₹69.08 crore (+174.6%) — but ~58x P/E at the upper band flagged as demanding
- Allotment: 26 Oct | Listing: 28 Oct (BSE + NSE)
Read the full review: Paras Healthcare IPO: Price Band, Dates, GMP & Review.
HD Fire Protect Lists Today After 131.70x Subscription
Fire-safety equipment maker HD Fire Protect debuts on BSE and NSE today after closing its ₹712 crore pure-OFS issue at a thumping 131.70x subscription (QIB 256.65x, NII 203.21x, retail 30.49x).
- Price band: ₹258–271 | Today's GMP: ₹60–71 (trackers), implying a listing near ₹332–342 — about 22–26% above the upper band
- GMP peaked near ₹90 (+33%) during bidding on 13 Oct and has cooled since, as usually happens post-close
- Anchor book of ₹213.11 crore (25 funds, ~72% domestic MFs) was subscribed at the upper band
Our listing preview: HD Fire Protect IPO Listing 21 Oct: GMP, Expected Price.
Tonbo Imaging Allotment Today; SME Debut Also Today
- Tonbo Imaging finalises allotment today (registrar: KFin Technologies) and lists on 23 October. GMP holds at ₹510–515 (~73%), the hottest premium in the market right now, on a final subscription of ~135.9x (trackers).
- Bonfiglioli Transmissions (GMP ₹130–137, ~22–23%) and Shellz India SME (GMP ₹35, ~20%) also finalise allotment today and list 23 Oct, along with Sahajanand Medical (₹24–25) and Zetwerk (₹2–3).
- Vaibhav Vyapaar (NSE SME) lists today with a thin GMP of ₹3–5 (~6–9%); Fusion CX and Ravita Engineering debut tomorrow, 22 Oct.
IPO Calendar: Key Dates Today
| Date | Event |
|---|---|
| 21 Oct (today) | Jio Platforms opens; Paras Healthcare opens; HD Fire Protect lists; Vaibhav Vyapaar (SME) lists; Tonbo / Bonfiglioli / Sahajanand / Zetwerk / Shellz allotment |
| 22 Oct | Fusion CX & Ravita Engineering list |
| 23 Oct | Jio & Paras close; Tonbo / Bonfiglioli / Sahajanand / Zetwerk / Shellz list; Core4 Engineers SME opens |
| 26 Oct | Jio & Paras allotment; EAAA India Alternatives opens (₹1,585–1,665) |
| 27 Oct | BLS Polymers opens (₹142–150) |
| 28 Oct | Jio Platforms & Paras Healthcare list |
FAQs
What is the Jio IPO GMP today?
Jio Platforms' GMP is ₹245–260 on 21 October 2026 (unofficial, tracker-reported), implying a listing price around ₹1,364–1,379 — roughly 22–23% above the ₹1,119 upper band. The IPO opens today and closes on 23 October.
What is the Paras Healthcare IPO GMP today?
Paras Healthcare's GMP is ₹43–50 on 21 October (unofficial), implying a listing near ₹743 — about 7% above the ₹693 upper band. The ₹1,450 crore issue opens today and closes 23 October.
What is the HD Fire Protect expected listing price today?
With a GMP of ₹60–71, HD Fire Protect is expected to list near ₹332–342 on 21 October — about 22–26% above the ₹271 upper band. The IPO was subscribed 131.70x.
When is the Tonbo Imaging IPO allotment and listing date?
Tonbo Imaging finalises allotment today (21 October 2026) and lists on BSE/NSE on 23 October. Its GMP of ₹510–515 (+73%) is the highest among upcoming listings.
Which IPOs are open for subscription today?
Jio Platforms (₹1,065–1,119) and Paras Healthcare (₹660–693) are open for subscription today, 21 October 2026, both closing on 23 October. Two more IPOs — EAAA India Alternatives (26 Oct) and BLS Polymers (27 Oct) — open next week. Details: EAAA IPO: Price Band ₹1,585–1,665, Opens Oct 26 and BLS Polymers IPO: Price Band, Dates, GMP & Review.
Conclusion
21 October is the densest IPO day of 2026: Jio Platforms and Paras Healthcare open for bidding, HD Fire Protect and Vaibhav Vyapaar debut, and Tonbo Imaging's allotment lands. Grey-market sentiment is strongest for Tonbo (~73%) and Jio (~22–23%), steady for HD Fire (~22–26%) and Bonfiglioli (~22–23%), and muted for Paras (~7%) and Zetwerk (~2%). Watch the opening-hour subscription pace for Jio today — that will set the tone for the entire October IPO wave, including the 28 October listing day.
Disclaimer: GMP is unofficial grey-market chatter and is not verified by SEBI or the exchanges. Prices change fast; actual listing prices can differ materially. This article is informational, not investment advice.