Open IPO Today (15 October 2026): Latest GMP, Price Band & Dates

Open IPO Today (15 October 2026): Latest Mainboard & SME IPOs, GMP and Price Bands

India’s primary market is busy today, with multiple Mainboard and SME IPOs available for investors to track. On Thursday, October 15, 2026, five IPOs are beginning their subscription period, while other issues are already open and two are scheduled to close today.

Investors should review the IPO price band, lot size, subscription figures, company fundamentals and risk factors before applying. The grey market premium (GMP) can offer an indication of market sentiment, but it is unofficial and does not guarantee listing gains.

IPOs Open Today: Quick Overview

*GMP figures are indicative estimates reported by IPO-tracking sources and may change. They are not official exchange prices or assured returns.

Mainboard IPOs to Watch

1. Bonfiglioli Transmissions IPO

Bonfiglioli Transmissions is opening its IPO on October 15, with subscriptions scheduled through October 19. The reported price band is ₹558–₹586 per share. The issue is being closely watched because of its reported positive grey market premium.

• Price band: ₹558–₹586

• Issue size: Approximately ₹2,534 crore

• Subscription period: October 15–19, 2026

• Latest reported GMP: Around ₹180

Investors should examine the offer document, business performance and valuation rather than relying only on GMP.

2. Tonbo Imaging India IPO

Tonbo Imaging India is another mainboard IPO opening today. The company’s offer has attracted attention from IPO watchers due to a high reported GMP, although grey market estimates can fluctuate significantly.

• Price band: ₹665–₹700

• Issue size: Approximately ₹852 crore

• Subscription period: October 15–19, 2026

• Latest reported GMP: Around ₹500

A high GMP should not be treated as a prediction of the actual listing price. Review the company’s financials, offer structure and risks before making an investment decision.

3. Zetwerk Manufacturing Businesses IPO

Zetwerk Manufacturing Businesses is launching a large mainboard issue, with a reported issue size of approximately ₹5,012 crore.

• Price band: ₹143–₹151

• Issue size: Approximately ₹5,012 crore

• Subscription period: October 15–19, 2026

• Latest reported GMP: Around ₹23

Investors may wish to assess the company’s manufacturing-services business, financial performance, valuation and the use of IPO proceeds before applying.

4. Sahajanand Medical Technologies IPO

Sahajanand Medical Technologies, a medical technology company, is opening its public issue today. The reported offer is worth approximately ₹475 crore and is structured as an offer for sale.

• Price band: ₹327–₹344

• Issue size: Approximately ₹475 crore

• Subscription period: October 15–19, 2026

• Latest reported GMP: Around ₹42

Because the issue is an offer for sale, investors should understand that the sale proceeds go to selling shareholders rather than directly to the company.

5. Fusion CX IPO

Fusion CX opened on October 14 and remains available for subscription today. The issue is scheduled to close on October 16.

• Price band: ₹275–₹289

• Issue size: Approximately ₹702 crore

• Subscription period: October 14–16, 2026

• Latest reported GMP: Around ₹34

Investors should review the company’s business model, financial statements and IPO valuation before deciding whether to apply.

6. HD Fire Protect IPO — Closing Today

HD Fire Protect is scheduled to close its IPO subscription on October 15. Investors considering the issue should check the latest exchange subscription data and confirm the application deadline with their broker.

• Price band: ₹258–₹271

• Issue size: Approximately ₹712 crore

• Subscription period: October 13–15, 2026

• Latest reported GMP: Around ₹91

The reported GMP is not a guarantee of listing performance.

SME IPOs Open Today

Shellz India IPO

Shellz India is opening its SME IPO today.

• Price band: ₹170–₹179

• Subscription period: October 15–19, 2026

• Latest reported GMP: ₹0

Check the official offer document for the issue size, lot size, financial information and risk factors before applying.

Ravita Engineering Services IPO

Ravita Engineering Services opened on October 14 and is scheduled to close on October 16.

• Price band: ₹105–₹112

• Subscription period: October 14–16, 2026

• Latest reported GMP: Around ₹4

SME IPOs can involve lower liquidity and higher volatility than mainboard issues. Carefully review the minimum application amount and other conditions before investing.

Vaibhav Vyapaar IPO — Closing Today

Vaibhav Vyapaar is scheduled to close today, October 15.

• Price band: ₹51–₹54

• Subscription period: October 13–15, 2026

• Latest reported GMP: ₹0

Check the latest subscription status and broker cut-off time before submitting an application.

Which IPOs Are Closing Today?

Two issues in the current list are scheduled to close on October 15:

1. HD Fire Protect IPO — Mainboard

2. Vaibhav Vyapaar IPO — SME

Fusion CX and Ravita Engineering Services are scheduled to close on October 16. The five issues beginning today—Bonfiglioli Transmissions, Tonbo Imaging India, Zetwerk Manufacturing Businesses, Sahajanand Medical Technologies and Shellz India—are scheduled to remain open until October 19. Always confirm the latest schedule with the exchange or your broker.

How to Evaluate an IPO Before Applying

Before investing in any open IPO, consider these factors:

• Company fundamentals: Review revenue, profitability, debt and cash flow.

• Valuation: Compare the issue valuation with listed peers where appropriate.

• IPO structure: Understand the difference between a fresh issue and an offer for sale.

• Subscription data: Track qualified institutional, non-institutional and retail demand as it becomes available.

• GMP trends: Use GMP only as an unofficial sentiment indicator, not as a reliable forecast.

• Risk factors: Read the RHP, including litigation, customer concentration, industry risks and the proposed use of funds.

Final Words

October 15 brings several IPO opportunities across the mainboard and SME markets. Bonfiglioli Transmissions, Tonbo Imaging India, Zetwerk Manufacturing Businesses, Sahajanand Medical Technologies and Shellz India are opening today, while HD Fire Protect and Vaibhav Vyapaar are scheduled to close.

There is no single IPO that is suitable for every investor. Make your decision after reviewing the official offer documents, valuation, financial performance and your own risk tolerance.

Stay updated with GMP IPO Watch for IPO opening and closing dates, price bands, subscription updates, allotment information and grey market premium tracking.

Disclaimer: This article is for informational and educational purposes only and is not investment advice. IPO details and GMP estimates can change. GMP is unofficial and does not guarantee listing gains. Verify all details using official exchange disclosures and offer documents before investing.