Upcoming IPOs This Week (12-18 October 2026): Dates, GMP & Sizes
After a packed listing calendar in early October, the primary market gets back to business in the week of 12-18 October 2026. The headline number: eight IPOs are scheduled to open for subscription — five on the mainboard and three SMEs — while Canara Robeco's ₹1,326 crore AMC issue closes and lists, and R.K. Fashion Accessories makes its SME debut today. Here is the complete week-ahead calendar with dates, price bands, lot sizes and GMP signals.
This Week at a Glance: IPO Calendar (12-18 October 2026)
| IPO | Segment | Open - Close | Price Band | Lot Size | Issue Size | Listing (tentative) |
|---|---|---|---|---|---|---|
| HD Fire Protect | Mainboard | 13-15 Oct | ₹258-271 | 55 | ₹712 cr | 21 Oct |
| Ravita Engineering Services | NSE SME | 13-15 Oct | ₹105-112 | 1,200 | ₹116 cr | 21 Oct |
| Vaibhav Vyapaar | NSE SME | 13-15 Oct | ₹51-54 | 2,000 | ₹42 cr | 21 Oct |
| Fusion CX | Mainboard | 14-16 Oct | ₹275-289 | 51 | ₹702 cr | 22 Oct |
| Tonbo Imaging | Mainboard | 15-19 Oct | ₹665-700 | 21 | ~₹852 cr | 23 Oct |
| Zetwerk Manufacturing | Mainboard | 15-19 Oct* | TBA | TBA | ~₹5,000 cr | 23 Oct* |
| Bonfiglioli Transmissions | Mainboard | 15-19 Oct* | TBA | 150 (trackers) | ~₹2,000 cr | 23 Oct* |
| Sahajanand Medical Tech | Mainboard | 15-19 Oct | ₹327-344 (trackers) | 43 | ~₹475 cr | 23 Oct |
* Dates for Zetwerk and Bonfiglioli are reported by media sources and not yet confirmed in official offer documents.
Mainboard IPOs Opening This Week
1. HD Fire Protect IPO (13-15 October)
The ₹712.31 crore issue is entirely an offer for sale (OFS) of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi — the company gets no proceeds. The fire protection equipment maker fixed the band at ₹258-271 with a 55-share lot (₹14,905 minimum at the upper band). Anchor book: 12 Oct; allotment expected 16 Oct; listing 21 Oct on BSE and NSE. Grey market premium is around ₹75 — the strongest of the week — though GMP is unofficial and can move quickly. Read the full HD Fire Protect IPO deep-dive.
2. Fusion CX IPO (14-16 October)
The customer-experience BPO's ₹702 crore issue combines a ₹500 crore fresh issue (₹275 crore earmarked for debt repayment) with a ₹202 crore OFS. Band: ₹275-289, lot of 51 shares (₹14,739 minimum). Allotment expected 19 Oct; listing 22 Oct. GMP is around ₹53 (unofficial). Read the full Fusion CX IPO review.
3. Tonbo Imaging IPO (15-19 October)
The defence-tech company's price band of ₹665-700 was announced this morning. It is a pure OFS of 1.22 crore shares (~₹852 crore), with a 21-share lot (₹14,700 minimum). FY26 saw revenue decline 22.7% YoY, so the implied ~76x P/E versus peers deserves scrutiny. GMP is around ₹270 (unofficial). Read the full Tonbo Imaging IPO review.
4. Zetwerk Manufacturing Business IPO (reportedly 15-19 October)
The contract-manufacturing unicorn is reported to be targeting a ~₹5,000 crore issue — ₹2,600 crore fresh plus an OFS of up to 9.68 crore shares — at a ~₹27,000 crore valuation. If dates hold, listing is targeted for 23 Oct. Price band and lot size are not yet announced. Read the Zetwerk IPO details.
5. Bonfiglioli Transmissions IPO (reportedly 15-19 October)
The gearbox maker's IPO is a pure OFS of 4.7 crore shares (~₹2,000 crore+) by Italian parent Bonfiglioli S.p.A. — no fresh capital for the company. Price band is still awaited; trackers cite a 150-share lot and a GMP of around ₹70 (unofficial). Read the Bonfiglioli Transmissions IPO review.
6. Sahajanand Medical Technologies IPO (15-19 October)
The cardiovascular medical-device maker (coronary stents, TAVI systems), backed by Samara Capital, Morgan Stanley and Kotak, launches a pure OFS of 1.38 crore shares (~₹452-475 crore). Trackers cite a band of ₹327-344 with a 43-share lot (₹14,792 minimum); the company is expected to formally announce the band today. FY26 revenue: ₹1,210.5 crore with PAT of ₹69.08 crore. Allotment 21 Oct; listing 23 Oct on BSE and NSE. GMP is around ₹40 (unofficial).
SME IPOs Opening This Week
Ravita Engineering Services IPO (13-15 October)
The ₹116.05 crore NSE SME issue is a pure fresh issue of 1.04 crore shares. Band: ₹105-112, lot 1,200 shares; retail investors must apply for a minimum of 2 lots (2,400 shares = ₹2,68,800 at the upper band). Allotment expected 16 Oct; listing on NSE SME on 21 Oct. GMP is around ₹12 (unofficial).
Vaibhav Vyapaar IPO (13-15 October)
The digital-NBFC (LoanFront) SME IPO of ₹42.10 crore opens alongside Ravita. Band: ₹51-54, lot 2,000 shares (retail minimum 2 lots = ₹2,16,000). Anchor book today (12 Oct); allotment 16 Oct; listing on NSE SME on 21 Oct. GMP is currently nil. Read the full Vaibhav Vyapaar IPO review.
Closing and Listing This Week
- R.K. Fashion Accessories lists today (12 Oct) on NSE SME. The ₹34.99 crore issue closed at 2.70x (QIB 14.11x) at ₹82; GMP is around ₹2 (unofficial), pointing to a flat debut. See the listing-day preview.
- Canara Robeco IPO closes 13 Oct and lists on 16 Oct. The ₹1,326 crore pure OFS (₹253-266, lot 56) opened on 9 Oct with muted Day 1 interest; GMP has cooled to ~₹20 (unofficial). Read the Canara Robeco IPO review.
GMP Snapshot (Unofficial, 12 October)
| IPO | GMP (₹) | Approx. Premium % |
|---|---|---|
| Tonbo Imaging | ~270 | ~39% |
| HD Fire Protect | ~75 | ~28% |
| Bonfiglioli Transmissions | ~70 | — (band TBA) |
| Fusion CX | ~53 | ~18% |
| Sahajanand Medical Tech | ~40 | ~12% |
| Ravita Engineering | ~12 | ~11% |
| Vaibhav Vyapaar | 0 | 0% |
GMP is unofficial, market-reported data and can change sharply before listing — treat it as sentiment, not a guarantee.
Next Week's Pipeline: Jio and More
The queue behind this week is even heavier. Jio Platforms — India's biggest IPO at ~₹30,200-37,700 crore — is reported for 21-23 October with a listing targeted for 28 Oct. Also in the October pipeline: Avaada Electro (~₹7,600 cr), Paras Healthcare (~₹1,800 cr), NDR InvIT Trust (~₹750 cr), Gujarat Victory Forgings and SFC Environmental Technologies. Read the Jio IPO update.
FAQs
Which IPOs are opening this week (12-18 October 2026)?
Eight IPOs open this week: HD Fire Protect, Ravita Engineering Services and Vaibhav Vyapaar (13-15 Oct); Fusion CX (14-16 Oct); and Tonbo Imaging, Zetwerk, Bonfiglioli Transmissions and Sahajanand Medical Technologies (15-19 Oct).
Which IPO has the highest GMP this week?
Tonbo Imaging leads with a GMP of around ₹270 (~39%), followed by HD Fire Protect at ~₹75 (~28%). These are unofficial grey-market figures and can change.
Which IPOs are listing this week?
R.K. Fashion Accessories lists on 12 October (NSE SME) and Canara Robeco lists on 16 October (BSE + NSE). The IPOs opening this week list on 21-23 October.
Are the 15 October IPO dates confirmed?
Tonbo Imaging and Sahajanand Medical Technologies have confirmed 15-19 October windows; Zetwerk and Bonfiglioli dates are media-reported and not yet confirmed in official documents.
Conclusion
The week of 12-18 October 2026 offers a genuine buffet: two reasonably-priced mid-cap issues (HD Fire Protect, Fusion CX), a high-GMP defence-tech play (Tonbo), two mega OFS debuts (Zetwerk, Bonfiglioli), a medical-device OFS (Sahajanand) and two SMEs. Watch subscription momentum on days 2-3 for the real signal — and keep an eye on the 21 October monster: Jio Platforms.
