The Indian primary market opens Thursday, 22 October 2026 with a busy line-up: Fusion CX and Ravita Engineering list today, Jio Platforms and Paras Healthcare enter Day 2 of bidding, and five IPOs gear up for a mega listing day on 23 October. Here are the latest grey market premiums (GMP), today's listings and key IPO dates — all figures marked unofficial are market-reported and may change.
IPO GMP Today — 22 October 2026
Grey market premiums are unofficial, unregulated market-reported figures — not SEBI-endorsed prices. They do not guarantee listing gains.
| IPO | Status | GMP (₹) | Est. listing gain |
|---|---|---|---|
| Tonbo Imaging India | Lists 23 Oct | 512 | ~73% (est. ₹1,212) |
| Jio Platforms | Open (Day 2) | 246 | ~22% (est. ₹1,365) |
| Bonfiglioli Transmissions | Lists 23 Oct | 132 | ~22.5% (est. ₹718) |
| Shellz India (SME) | Lists 23 Oct | 25 | ~14% (est. ₹204) |
| Paras Healthcare | Open (Day 2) | 25 | ~3.6% (est. ₹718) |
| Sahajanand Medical | Lists 23 Oct | 19–24 | ~5.5–7% |
| Fusion CX | Lists today | 14 | ~4.7% (est. ₹303) |
| BLS Polymers (upcoming) | Opens 27 Oct | 30 | ~20% (est. ₹180) |
| SFC Environmental (upcoming) | Dates TBA | 31 | ~9.4% (est. ₹361) |
| Ravita Engineering (SME) | Lists today | 1 | ~0.9% |
| Zetwerk Manufacturing | Lists 23 Oct | 0 | Flat |
GMP quotes cross-checked across public trackers this morning; ranges differ slightly between trackers (e.g. Tonbo ₹500–515, Jio ₹246–250).
Today's listings: Fusion CX & Ravita debut
- Fusion CX (₹702 cr, NSE+BSE): lists today after 4.68x subscription (retail 5.99x, NII 4.73x, QIB 4.21x). GMP ₹14 implies ~4.7% listing gain over the ₹289 upper band (est. ₹303). Allotment was finalised 19 Oct; registrar is KFin Technologies.
- Ravita Engineering Services (SME, ₹116 cr): also debuts today after 7.11x subscription. Grey market is lukewarm — GMP ~₹1 implies a near-flat opening around ₹113 vs the ₹112 upper band.
Read the Fusion CX IPO deep-dive for price band, financials and review.
Jio IPO Day 2: GMP slips to ₹246
- India's biggest-ever IPO (₹30,213 cr) closed Day 1 at ~3.16–3.22x — QIB 9.42x, NII 1.68x, retail 0.73x, employees 1.36x, RIL shareholders 1.46x.
- GMP has cooled from ₹273 on 20 Oct to ₹246 today, still implying ~22% premium (est. listing ₹1,365 vs ₹1,119 upper band) — about ₹2,952 per 12-share lot.
- Brokerages remain positive: Apply from Canara Bank Securities, Kantilal Chhaganlal and Swastika Investmart; May Apply from Capital Market.
- Anchor book drew ~₹2.5 lakh cr demand (30x) from BlackRock, GIC, ADIA, LIC and top mutual funds.
- Closes 23 Oct; allotment 26 Oct; listing 28 Oct.
Jio anchor book details · How to apply for the Jio IPO
Paras Healthcare cools to ₹25 on Day 2
- The ₹1,450 cr hospital IPO (₹660–693 band) opened weakly yesterday (~0.09–0.15x on Day 1) and its GMP has nearly halved — from ~₹50 to ₹25 (~3.6%, est. listing ₹718).
- Closes 23 Oct; allotment 26 Oct; listing 28 Oct.
Five IPOs list on 23 October — Tonbo leads at ₹512
- Tonbo Imaging India (135.68x subscribed): GMP ₹512 implies ~₹1,212 listing — ~73% over the ₹700 upper band. If it holds, it will be among the strongest mainboard debuts of 2026.
- Bonfiglioli Transmissions (46.05x): GMP ₹132, ~22.5% implied gain.
- Shellz India (SME) (58.54x): GMP ₹25, ~14% implied gain.
- Sahajanand Medical (14.21x): GMP ₹19–24, ~6% implied gain.
- Zetwerk (3.1x): GMP ₹0 — grey market expects a flat listing.
Tonbo allotment recap & check steps
New on the radar: SFC Environmental, Core4 Engineers, BLS Polymers
- BLS Polymers (₹255 cr pure fresh issue, ₹142–150, 100-share lot): opens 27 Oct, GMP ₹30 (~20%). Full deep-dive here.
- SFC Environmental Technologies (mainboard, ₹313–330 band): newly appearing on trackers with GMP ₹31 (~9.4%, rising).
- Core4 Engineers (SME, ₹88–93 band): newly appearing with GMP ₹0 so far.
- EAAA India Alternatives (₹1,200 cr OFS, ₹1,585–1,665): opens 26 Oct.
Key IPO dates — week ahead
| Date | Event |
|---|---|
| 22 Oct (today) | Fusion CX & Ravita Engineering list; Jio & Paras Healthcare Day 2 |
| 23 Oct | Jio & Paras close; Tonbo, Bonfiglioli, Zetwerk, Sahajanand & Shellz list |
| 26 Oct | Jio & Paras allotment; BLS Polymers anchor; EAAA opens |
| 27 Oct | BLS Polymers opens |
| 28 Oct | Jio Platforms & Paras Healthcare list |
FAQs
What is the IPO GMP today (22 October 2026)?
Top GMP quotes this morning: Tonbo Imaging ₹512 (+73%), Jio Platforms ₹246 (+22%), Bonfiglioli ₹132 (+22.5%) and Paras Healthcare ₹25 (+3.6%). All figures are unofficial market-reported premiums, not guaranteed listing prices.
Which IPOs are listing today?
Fusion CX (mainboard, ~4.7% implied gain at ₹14 GMP) and Ravita Engineering (SME, near-flat at ₹1 GMP) debut on NSE/BSE today, 22 October 2026.
What is Jio IPO's GMP and subscription status?
Jio Platforms closed Day 1 at ~3.16–3.22x (QIB 9.42x, retail 0.73x). Day 2 GMP stands at ₹246, implying a ~22% listing premium — down from ₹273 on 20 Oct.
When do Tonbo Imaging and Bonfiglioli list?
Both list on 23 October 2026, alongside Zetwerk, Sahajanand Medical and Shellz India.
Conclusion
Today is a listing day first and a bidding day second: Fusion CX and Ravita debut while Jio's Day 2 tests whether cooling GMP (₹246) can stay above 20% into the close. The real fireworks come tomorrow, 23 October, when five IPOs — led by Tonbo Imaging at ~73% implied gain — hit the bourses. Watch for the 13:00 subscription update later today for Jio's Day 2 demand split.