All IPOs Today, October 15, 2026: Open IPOs, GMP and Upcoming Issues
India's IPO market has a busy day ahead. Several new issues are opening on October 15, while existing IPOs are approaching their closing dates. For investors tracking listing opportunities, this means more companies to compare, more subscription numbers to follow and a fresh set of GMP figures to watch.
The biggest development is the launch of four mainboard IPOs — Zetwerk, Bonfiglioli Transmissions, Tonbo Imaging and Sahajanand Medical Technologies. Meanwhile, HD Fire Protect and Vaibhav Vyapaar are scheduled to close today, and Fusion CX and Ravita Engineering Services remain open.
And then there is Jio Platforms. Its IPO price band and dates have now been announced, putting one of India's most anticipated public offerings firmly on the calendar.
Here is the latest IPO roundup for October 15, 2026.
IPOs Open Today: Quick Overview
The following table brings together the main active and newly opening issues. GMP figures are indicative snapshots from IPO trackers and can change during the day.
| IPO name | Segment | Price band | Issue dates | Reported GMP |
|---|---|---|---|---|
| HD Fire Protect | Mainboard | ₹258–₹271 | Oct 13–15 | ₹86 |
| Vaibhav Vyapaar | SME | ₹51–₹54 | Oct 13–15 | ₹0 |
| Fusion CX | Mainboard | ₹275–₹289 | Oct 14–16 | ₹19 |
| Ravita Engineering Services | SME | ₹105–₹112 | Oct 14–16 | ₹4 |
| Zetwerk Manufacturing Business | Mainboard | ₹143–₹151 | Oct 15–19 | Not consistently reported |
| Bonfiglioli Transmissions | Mainboard | ₹558–₹586 | Oct 15–19 | ₹155 |
| Tonbo Imaging India | Mainboard | ₹665–₹700 | Oct 15–19 | ₹425 |
| Sahajanand Medical Technologies | Mainboard | ₹327–₹344 | Oct 15–19 | ₹35 |
| Shellz India | SME | ₹170–₹179 | Oct 15–19 | ₹0 |
GMP data is unofficial and may vary by source and time. These figures are not guaranteed listing gains.
1. HD Fire Protect IPO: Last Day to Apply
HD Fire Protect is scheduled to close its IPO today, October 15. The company operates in the fire protection equipment business, a segment connected to industrial safety and infrastructure requirements.
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Price band: ₹258–₹271 per share
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Closing date: October 15, 2026
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Segment: Mainboard
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Reported subscription: 4.62x in the latest tracker snapshot
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Reported GMP: Around ₹86
With the closing deadline approaching, investors should check the latest subscription figures and application requirements before making a decision. A positive GMP can attract attention, but the company's valuation and financial performance remain important.
Source: IPO Track – Live IPO details
2. Vaibhav Vyapaar IPO: SME Issue Closes Today
Vaibhav Vyapaar is another issue scheduled to close on October 15. Its price band is ₹51–₹54 per share, and the IPO is listed in the SME category.
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Price band: ₹51–₹54
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Closing date: October 15, 2026
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Segment: SME
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Reported GMP: ₹0
A zero GMP does not automatically mean an IPO will perform poorly, just as a high premium does not guarantee a profitable listing. SME investors should pay particular attention to the minimum application amount, liquidity and company fundamentals.
Source: IPO Calendar – IPO Guru
3. Fusion CX IPO: Subscription Open Until October 16
Fusion CX opened for subscription on October 14 and will close on October 16. The reported issue size is approximately ₹702 crore, with a price band of ₹275–₹289 per share.
The offering includes both a fresh issue and an offer for sale. That distinction matters: proceeds from newly issued shares go to the company, while money from shares sold by existing shareholders goes to those sellers.
Investors should review the company's financial performance, valuation, debt position and intended use of proceeds rather than relying on GMP alone.
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Price band: ₹275–₹289
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Issue size: Around ₹702 crore
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Closing date: October 16, 2026
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Reported GMP: Around ₹19
Source: IPO Track
4. Ravita Engineering Services IPO
Ravita Engineering Services is an SME issue open from October 14 to October 16. Its price band is ₹105–₹112 per share, with a reported issue size of approximately ₹116 crore.
The IPO may interest investors following smaller companies, but SME issues can involve higher volatility and lower liquidity than mainboard shares.
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Price band: ₹105–₹112
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Issue size: Around ₹116 crore
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Closing date: October 16, 2026
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Reported GMP: Around ₹4
Before applying, check the latest subscription data, minimum lot size and financial information in the offer documents.
Source: India IPO – 2026 IPO calendar
Four Mainboard IPOs Opening Today
October 15 is especially notable because four mainboard IPOs are scheduled to open together. The issues span manufacturing, industrial equipment, imaging technology and medical technology.
5. Zetwerk Manufacturing Business IPO
Zetwerk has the largest reported issue among the four new mainboard offerings, targeting approximately ₹5,012 crore.
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Price band: ₹143–₹151
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Issue size: Around ₹5,012 crore
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Opening date: October 15
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Closing date: October 19
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Expected listing: October 23
The offer combines a fresh issue with an offer for sale. Investors should examine how the company plans to use the fresh proceeds, its financial performance and its valuation before deciding whether to participate.
Source: Financial Express – Upcoming mainboard IPOs
6. Bonfiglioli Transmissions IPO
Bonfiglioli Transmissions is entering the market with a reported issue size of approximately ₹2,534 crore.
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Price band: ₹558–₹586
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Issue size: Around ₹2,534 crore
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Opening date: October 15
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Closing date: October 19
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Reported GMP: Around ₹155
The offering is structured as an offer for sale, meaning the proceeds go to the selling shareholders rather than directly to the company as fresh capital.
Investors should consider the company's business outlook, earnings, valuation and the implications of an offer-for-sale structure.
Source: Financial Express
7. Tonbo Imaging India IPO
Tonbo Imaging is another issue attracting attention, particularly because some grey-market trackers have reported a sizeable premium.
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Price band: ₹665–₹700
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Issue size: Around ₹852 crore
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Opening date: October 15
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Closing date: October 19
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Reported GMP: Around ₹425
Tonbo Imaging operates in imaging and defence-related technology. However, a large GMP should not be treated as a reliable prediction of listing gains. Investors should examine the company's financial position, customer concentration, order visibility and valuation.
Source: IPO Track
8. Sahajanand Medical Technologies IPO
Sahajanand Medical Technologies, also known as SMT, is launching a mainboard IPO with a reported issue size of approximately ₹475 crore.
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Price band: ₹327–₹344
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Issue size: Around ₹475 crore
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Opening date: October 15
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Closing date: October 19
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Reported GMP: Around ₹35
The issue is entirely an offer for sale, so the proceeds will go to the selling shareholders rather than being raised as fresh capital by the company.
Investors interested in the medical technology sector should review the company's business performance, product portfolio, financials and valuation before applying.
Source: Express Healthcare – SMT IPO details
9. Shellz India IPO: New SME Issue
Shellz India is also scheduled to open on October 15, adding another SME offering to the week's calendar.
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Price band: ₹170–₹179
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Opening date: October 15
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Closing date: October 19
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Segment: SME
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Reported GMP: ₹0
As with other SME issues, investors should check the lot size, minimum investment, company financials and expected liquidity after listing. A zero GMP is only one piece of market information and should not determine the investment decision by itself.
Source: IPO Track
Jio Platforms IPO: Price Band and Dates Announced
Jio Platforms has now announced the key details of its much-awaited IPO. According to Reuters, the price band is set at ₹1,065–₹1,119 per share, and the issue is expected to raise approximately ₹30,213 crore.
The IPO is scheduled to open on October 21 and close on October 23, 2026. If completed at the announced scale, it would become India's largest IPO, surpassing Hyundai Motor India's record offering.
The company is part of Reliance Industries' digital and telecom business. Its size and presence in India's digital economy have made the offering one of the most closely watched events in the primary market.
Investors should wait for the complete offer documents and examine the valuation, financial results and risks before applying. A well-known brand and a large IPO do not automatically mean a stock is attractively priced.
Source: Reuters – Jio Platforms IPO price band
IPO GMP Today: Should You Trust the Numbers?
GMP, or grey-market premium, is one of the most searched IPO indicators because it gives investors an informal sense of market sentiment before listing.
But there are a few things to remember:
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GMP is unofficial and is not published by stock exchanges as a guaranteed listing forecast.
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Different websites may report different premiums at the same time.
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The premium can change before an IPO closes.
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A high GMP does not guarantee listing gains.
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A low or zero GMP does not necessarily mean a company is a poor investment.
For the latest figures, use a live tracker such as GMP IPO Watch and cross-check the price band, issue dates and subscription data with reliable IPO information sources.
Which IPOs Should Investors Watch Today?
If you are following the market on October 15, the immediate priorities are straightforward:
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Closing today: HD Fire Protect and Vaibhav Vyapaar.
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Still open: Fusion CX and Ravita Engineering Services.
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Opening today: Zetwerk, Bonfiglioli Transmissions, Tonbo Imaging, Sahajanand Medical Technologies and Shellz India.
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Upcoming major issue: Jio Platforms, scheduled to open October 21.
Rather than applying for every IPO, compare the companies on their financials, valuation, business model and risk. Subscription figures and GMP can provide additional context, but neither should replace fundamental analysis.
Final Takeaway
India's IPO market is particularly active today, with several mainboard and SME issues competing for investor attention. The four new mainboard offerings are the biggest development of the day, while Jio Platforms is shaping up to be the next major event on the calendar.
Keep an eye on closing deadlines, verify the latest subscription figures and remember that GMP is an unofficial indicator — not a promise of profit.
Follow GMP IPO Watch for IPO opening dates, live GMP updates, subscription status, allotment information and listing news.
Disclaimer: This article is for informational and educational purposes only and is not investment advice. IPO dates, issue details and unofficial GMP figures may change. Always check official offer documents before investing.
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