IPO This Week October 2026: 9 New Issues Open, Check Price Bands, Dates and Minimum Investment
Upcoming IPOs October 2026: The Indian primary market is preparing for a busy week, with nine companies scheduled to launch their initial public offerings (IPOs) between October 13 and October 15, 2026. These include six mainboard IPOs and three small and medium enterprise (SME) issues.
The companies belong to different industries, including manufacturing, defence technology, medical equipment, engineering, financial services, customer support and food products.
Among the major names attracting investor attention are HD Fire Protect, Fusion CX, Zetwerk Manufacturing Businesses, Tonbo Imaging India and Bonfiglioli Transmissions.
For investors planning to participate in these public issues, understanding the price band, subscription dates, issue size and minimum application amount is essential.
Here is a detailed overview of the nine IPOs scheduled for the week beginning October 12, 2026.
Upcoming IPOs This Week: Complete List of 9 Companies
According to the announced schedules, six companies are preparing to launch mainboard IPOs, while three will enter the SME segment.
| Company | IPO Opening Date | Closing Date | Price Band |
|---|---|---|---|
| HD Fire Protect | October 13 | October 15 | ₹258–₹271 |
| Fusion CX | October 14 | October 16 | ₹275–₹289 |
| Sahajanand Medical Technologies | October 15 | October 19 | ₹327–₹344 |
| Bonfiglioli Transmissions | October 15 | October 19 | ₹558–₹586 |
| Zetwerk Manufacturing Businesses | October 15 | October 19 | ₹143–₹151 |
| Tonbo Imaging India | October 15 | October 19 | ₹665–₹700 |
| Ravita Engineering Services | October 13 | October 15 | ₹105–₹112 |
| Vaibhav Vyapaar | October 13 | October 15 | ₹51–₹54 |
| Shellz India | October 15 | October 19 | ₹170–₹179 |
These dates and price bands reflect the reported IPO schedules. Investors should confirm the final details before submitting applications.
1. HD Fire Protect IPO: Minimum Investment of ₹14,905
HD Fire Protect is scheduled to open its IPO on October 13, with bidding continuing until October 15, 2026.
The company has fixed a price band of ₹258 to ₹271 per equity share.
The total issue size is approximately ₹712.31 crore.
The offering consists entirely of an offer for sale (OFS), meaning existing shareholders will sell their shares and the company will not receive fresh capital from the public issue.
The minimum application lot is 55 shares, requiring ₹14,905 at the upper price band.
HD Fire Protect manufactures and supplies fire protection equipment, including sprinkler systems, alarm valves and fire suppression solutions.
Its shares are tentatively expected to list on October 21, 2026.
2. Fusion CX IPO: Price Band ₹275–₹289
Fusion CX is expected to open for subscription on October 14 and close on October 16.
The company plans to raise approximately ₹702 crore.
The offering includes a fresh issue worth ₹500 crore and an OFS component of approximately ₹202 crore.
The price band has been fixed at ₹275 to ₹289 per share.
With a lot size of 51 shares, the minimum application amount at the upper price band is ₹14,739.
Fusion CX provides customer experience and business process services through voice calls, emails, online chats, social media and other communication channels.
The company's shares are tentatively scheduled for listing on October 22.
3. Sahajanand Medical Technologies IPO
Sahajanand Medical Technologies is scheduled to open its IPO on October 15, with the subscription period ending on October 19.
The price band has been fixed at ₹327 to ₹344 per share.
The company is expected to raise approximately ₹475.48 crore through an offer for sale.
Because the issue consists entirely of an OFS, the proceeds will go to the selling shareholders rather than directly to the company.
Sahajanand Medical Technologies operates in the healthcare equipment industry.
Its products include coronary stents, balloons and other medical devices used in cardiovascular procedures.
The tentative listing date is October 23, 2026.
4. Bonfiglioli Transmissions IPO
Bonfiglioli Transmissions is preparing to launch an IPO worth approximately ₹2,533.66 crore.
The subscription window is scheduled from October 15 to October 19.
The company has announced a price band of ₹558 to ₹586 per share.
With a reported minimum lot size of 25 shares, an application at the upper price band would require ₹14,650.
The issue is structured entirely as an offer for sale.
Bonfiglioli Transmissions manufactures mechanical and electromechanical power transmission systems and industrial drive solutions.
Its products are used in industrial machinery and manufacturing applications.
The tentative listing date is October 23.
5. Zetwerk Manufacturing Businesses IPO
Zetwerk Manufacturing Businesses is among the largest offerings scheduled for the week.
Its IPO is expected to open on October 15 and close on October 19.
The company plans to raise approximately ₹5,012.33 crore.
The issue includes a fresh share sale worth ₹2,830 crore and an OFS component of around ₹2,182.33 crore.
The reported price band is ₹143 to ₹151 per share.
Zetwerk operates a technology-enabled manufacturing platform that connects businesses with manufacturing partners and supports production across different sectors.
These include consumer electronics, renewable energy, defence and industrial automation.
Its shares are tentatively expected to list on October 23.
6. Tonbo Imaging India IPO
Tonbo Imaging India is scheduled to open its IPO on October 15, with bidding closing on October 19.
The company has fixed a price band of ₹665 to ₹700 per share.
The total issue size is approximately ₹852.18 crore.
The offering consists entirely of an OFS.
A lot reportedly contains 21 shares, which would require ₹14,700 at the upper price band.
Tonbo Imaging develops advanced defence and security technology, including electro-optical equipment, infrared imaging systems, surveillance solutions and related electronic systems.
The tentative listing date is October 23.
Three SME IPOs Also Scheduled This Week
Apart from the six mainboard issues, three companies are preparing to launch IPOs in the SME segment.
SME IPOs can involve higher minimum application amounts and different liquidity conditions compared with mainboard issues.
7. Ravita Engineering Services IPO
Ravita Engineering Services is scheduled to open its IPO on October 13 and close on October 15.
The price band is ₹105 to ₹112 per share, with a reported issue size of approximately ₹116.05 crore.
The offering is structured as a fresh issue.
The company provides engineering, technical installation, operations and maintenance services for commercial buildings, industrial facilities, offshore installations and data centres.
Its shares are tentatively expected to list on the NSE SME platform on October 21.
8. Vaibhav Vyapaar IPO: Minimum Application of ₹2.16 Lakh
Vaibhav Vyapaar is another SME IPO scheduled to open on October 13 and close on October 15.
The company has fixed a price band of ₹51 to ₹54 per share.
It plans to raise approximately ₹42.10 crore through a fresh issue.
According to the reported application structure, investors must apply for at least 4,000 shares.
At the upper price band, this means a minimum application amount of ₹2,16,000.
Vaibhav Vyapaar operates as a non-banking financial company and provides personal loans through digital channels.
Its shares are tentatively expected to list on the NSE SME platform on October 21.
9. Shellz India IPO
Shellz India is scheduled to open its IPO on October 15, with bidding closing on October 19.
The company has announced a price band of ₹170 to ₹179 per share.
The issue size is approximately ₹59.97 crore and consists of fresh equity shares.
Shellz India operates in the confectionery and food products sector.
Its business includes chocolates, jellies, baked products and the supply of food and bakery ingredients.
The company's shares are tentatively expected to list on the BSE SME platform on October 23.
What Is the Difference Between Fresh Issue and Offer for Sale?
Before applying for an IPO, investors should understand how the company is raising money.
In a fresh issue, the company issues new shares and receives the proceeds, after applicable expenses.
The funds may be used for business expansion, debt repayment, acquisitions, working capital or other stated purposes.
In an offer for sale, existing shareholders sell some of their holdings to public investors.
The money from these shares goes to the selling shareholders, not directly to the company.
Some IPOs combine both structures.
Understanding this distinction helps investors assess whether the offering will provide fresh funds to support the company's operations.
How Much Money Is Required to Apply for an IPO?
The minimum investment depends on the issue price and the prescribed application lot.
For example, HD Fire Protect requires ₹14,905 for one lot at the upper price band, while Fusion CX requires ₹14,739.
SME IPOs can require substantially higher application amounts.
Vaibhav Vyapaar's reported minimum application amount is ₹2.16 lakh.
Investors should verify the latest lot sizes, application categories and minimum bid requirements before applying.
Important Things to Check Before Investing
An IPO can offer investors an opportunity to participate in a company's public-market journey, but it also involves risks.
Investors should review the company's financial performance, profitability, debt levels, valuation and business outlook.
It is equally important to examine the intended use of IPO proceeds and the risks disclosed in the offer document.
A strong subscription response or positive grey market premium does not guarantee listing gains.
Share prices may rise or fall after listing, and investors can lose money.
SME shares may also face additional liquidity and volatility risks.
IPO This Week October 2026: Key Takeaways
Nine IPOs are scheduled to open during the week beginning October 12, 2026, including six mainboard offerings and three SME issues.
HD Fire Protect and Fusion CX are among the earlier mainboard issues, while Zetwerk, Tonbo Imaging India, Sahajanand Medical Technologies and Bonfiglioli Transmissions are scheduled to open on October 15.
In the SME category, Ravita Engineering Services, Vaibhav Vyapaar and Shellz India are also expected to seek public investment.
Investors should compare the price bands, minimum application amounts, business fundamentals and offer documents before deciding whether to participate.
Disclaimer: This article is for general information and does not constitute investment advice. IPO dates, price bands, lot sizes and listing schedules are subject to official updates. Investors should verify the latest information through the stock exchanges, SEBI filings and final offer documents before applying.