IPO News — Listings & Updates
Stay on top of the Indian IPO market with news on upcoming public offerings, subscription status, allotment dates, listing day performance, and post-listing analysis. This section covers both mainboard and SME IPOs, along with grey market premium trends and anchor investor allocations. Whether you are deciding which IPOs to apply for or tracking how recent listings are performing, you will find timely updates and context to make informed participation decisions.
Strong buzz! Reliance Jio said to see over $20 billion bids as investors line up for India's biggest IPO
Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with global investors including Fidelity, Allianz and Capital Group expressing interest. The issue could raise around Rs 30,200 crore at a valuation of Rs 10.3 lakh crore, making it India’s largest-ever IPO.
Strong buzz! Reliance Jio sees over $20 billion bids as investors line up for India's biggest IPO
Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with global investors including Fidelity, Allianz and Capital Group expressing interest. The issue could raise around Rs 30,200 crore at a valuation of Rs 10.3 lakh crore, making it India’s largest-ever IPO.
Jio Platforms may draw more than $20 billion in bids for IPO
Jio Platforms Ltd. is generating tremendous interest for its forthcoming initial public offering, with over $20 billion already attracted. The company targets a valuation around 10.3 trillion rupees, or $108 billion. Notable global investors such as Fidelity and Allianz are on board for this primary issue IPO. Expect the launch next week, as final anchor investor discussions are underway.
Sebi notifies PMS rules; broadens investment avenue for portfolio managers, introduces PRIM route
Sebi has announced a new Portfolio Management Services framework effective from April 1, 2027. This framework permits portfolio managers to invest in IPOs, primary market debt, and various overseas securities. Portfolio managers can also offer advisory services related to unlisted securities for large investors. Furthermore, a Portfolio Managers Route for Investing in Mutual Fund units will facilitate investment in direct plans.
A falling stock is not always cheap: Kotak explains the role of earnings and valuations
Kotak Institutional Equities argues that stock prices are driven by earnings expectations and PE multiples rather than market flows or liquidity. Rebutting myths about FPI outflows and IPOs draining secondary market cash, the brokerage highlights business fundamentals and mental DCF valuations as the true price drivers.
Moneyview share price: Newly listed stock gives 83% returns in 13 days | Should you hold for more gains or book profits?
Moneyview share price: The digital lending platform’s shares were fixed at ₹34 apiece and listed on 1 October 2026 at ₹55 on the NSE, a premium of 61.76% over the IPO price.
Carlsberg India Ordered To Shut Alwar Brewery Over Pollution Breach Ahead Of $700 Million IPO
The Rajasthan State Pollution Control Board directed the company to shut down the plant and warned that failure to comply could invite further action under air and water pollution laws.
RIL target price ahead of Jio IPO: 47% upside - Why Religare recommends buying Mukesh Ambani stock before issue launch
Religare Broking recommends buying Reliance Industries, setting a target price of ₹1,696 against a reference price of ₹1,156, implying 46.7% upside. It sees a potential Jio Platforms IPO, improving cash flows, debt reduction and growth in Retail, O2C and New Energy as catalysts for a re-rating.
Triveni Power Transmission lists on BSE, NSE following demerger
Triveni Power Transmission Ltd (TPTL) listed 10.48 crore equity shares on BSE and NSE following its demerger from Triveni Engineering & Industries. Shareholders received 1 TPTL share for every 3 shares held. The independent listing aims to enhance business focus on high-speed gearboxes and power transmission equipment.
Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upside
Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price.
Vijay Kedia portfolio: Up 270% against IPO price in 17-month! Ace investor raises stake in SME stock; should you buy?
Vijay Kedia portfolio: Ace investor's name has appeared in the latest shareholding pattern of the NSE SME stock
HD Fire Protect IPO Day 1: 1.23x Subscribed; Check GMP, Price Band, Expected Listing Gains And Other Details
The HD Fire Protect IPO price band has been fixed at Rs 258 to Rs 271 per share, with a lot size of 55 shares. At the upper end of the price band, retail investors need a minimum investment of Rs 14,905 to apply for one lot. The IPO is scheduled to list on the BSE and NSE on October 21, 2026.
IPO GMP: Zetwerk vs HD Fire Protect vs Fusion CX vs Bonfiglioli vs Tonbo? Check grey market premium winner
Six IPOs are opening in India between 13 and 15 October. Tonbo Imaging leads grey-market estimates with a 60.71% implied listing premium, followed by HD Fire Protect at 31.37% and Bonfiglioli Transmissions at 26.45%. Fusion CX has the weakest indicated premium, at 6.57%.
Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch
Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to redefine its image as a technology powerhouse, with further details on pricing and plans expected soon.
1:5 bonus shares, 1:5 stock split effect: Multibagger NSE SME stock turns ₹1.04 lakh into ₹11.64 lakh in 8 years
1:5 bonus share stock: After listing on the NSE SME exchange on 20 June 2018, the stcok traded ex-bonus on 2 February 2024 in 1:5 ratio
Vaibhav Vyapaar IPO opens for subscription today: Check price band and other key details
Vaibhav Vyapaar’s Rs 42.10 crore IPO opens on October 13, 2026, on the NSE SME platform, with a price band of Rs 51–54 per share. The NBFC will use proceeds primarily to strengthen its capital base. FY26 income rose 48%, while profit increased 33%, reflecting improved financial performance and growth.
HD Fire Protect IPO opens today; GMP signals 30% listing gains, key details inside
The Rs 712.31-crore HD Fire Protect IPO is entirely an offer for sale (OFS) of 2.63 crore equity shares. As the issue comprises only an OFS, the company will not receive any proceeds from the offering. Instead, the entire amount raised will go to the selling shareholders.
Airtel Money makes weak London market debut
Airtel Money's debut on the London Stock Exchange was less than stellar, with shares ending the session below their IPO price at 184.2 pence, reducing the company's valuation to approximately £5 billion. This disappointing performance reflects continuing obstacles in the UK financial arena, where a scarcity of new listings, fluctuating global markets, and increasing interest rates have prompted many firms to hold off on their IPO plans.
HD Fire Protect IPO Day 1 Subscription: GMP, Price Band, Expected Listing Gains And Other Details
The HD Fire Protect IPO price band has been fixed at Rs 258 to Rs 271 per share, with a lot size of 55 shares. At the upper end of the price band, retail investors need a minimum investment of Rs 14,905 to apply for one lot. The IPO is scheduled to list on the BSE and NSE on October 21, 2026.
Can HD Fire Protect IPO deliver long-term growth for high-risk investors?
HD Fire Protect is set to generate ₹712 crore through an offer for sale, marking a pivotal moment in their funding strategy. Following the IPO, the promoter group's share will drop to 85%, down from the current 100%. Renowned for their fire protection solutions, they export over a third of their revenue internationally.
Bigger bids, fewer bets: mutual funds get selective in IPO market
Record SIP inflows are swelling mutual funds’ investible pools, but fund managers are concentrating their bets on larger, high-conviction deals in sectors like financial services, manufacturing and new-age IT
Tonbo Imaging sets ₹852 crore IPO price band, targets ₹4,010 crore valuation
The issue is entirely an offer for sale (OFS) of 12.2 million equity shares by promoters and existing investors, with no fresh issue component.
HD Fire Protect raises ₹213 crore from anchor investors ahead of ₹712-crore IPO
Domestic mutual funds account for 71.88% of anchor allocation; public issue opens on October 13
Indian Gas Exchange secures Sebi's nod to float IPO
Indian Gas Exchange Ltd has received approval from Sebi to launch an initial public offering. The proposed IPO is exclusively an offer for sale of equity shares by promoter Indian Energy Exchange Ltd. IGX aims to enhance its visibility and strengthen its brand image through this public listing. The company has been operational since June 2020 and reported increasing revenue in recent years.
Starbucks Says It's Not Buying Chipotle, Dousing Deal Rumors
Chipotle shares fell 3.1% as of 9:42 a.m. in New York trading on Monday while Starbucks shares were little changed.
Sahajanand Medical Technologies sets IPO price band at Rs 327-344 per share; issue opens on Oct 15
Sahajanand Medical Technologies has set a price band of Rs 327-344 per share for its Rs 475.48 crore IPO, which opens on October 15 and closes on October 19. The issue is entirely an offer for sale, with shares scheduled to list on the BSE and NSE on October 22.
Zetwerk targets ₹25,583 crore valuation in ₹5,012 crore IPO
Zetwerk has set the price band for its IPO at ₹143-151 per share.
IPO lock-in expiry: $24 bn worth of shares set to unlock on D-Street from Oct 2026 to Jan 2027 —What investors must know
Nuvama Institutional Equities estimates that lock-in expiries for 99 companies could make approximately $24 billion worth of shares eligible for trading from October 2026 to January 2027. Promoter holdings account for a significant portion, and actual selling is uncertain.
IPO GMP: Bonfiglioli vs Tonbo vs Sahajanand Medical vs Zetwerk — Dates, price band, key details
Four IPOs—Bonfiglioli Transmissions, Tonbo Imaging, Sahajanand Medical Technologies and Zetwerk—open on 15 October and close on 19 October, with anchor bidding on 14 October. Issue sizes range from ₹475 crore to ₹5,012 crore. 
Govt Proposes 30% Margin Cap On Anti-Cancer Drugs, SC Says "Not Enough"
Listing of drugs for margin capping will be based on factors including viability, availability and ability to distribute. Taking the example of Paracetamol, the Centre submitted that margins cannot be capped as this would make the drug unavailable in rural areas.
Reliance Jio IPO valuation likely at ₹11 lakh cr - Will Mukesh Ambani's RIL gain; Bharti Airtel, Vodafone feel heat?
Reliance Industries’ planned Jio Platforms IPO could raise about ₹30,200 crore at a valuation near ₹11 lakh crore. Motilal Oswal says the listing may influence telecom-sector valuations
Firmus IPO Debacle Raises the Bar for Asia AI Deals in Pipeline
The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about artificial intelligence infrastructure deals that hinge on future earnings.
1:10 stock split follows strong Q2 results; newly listed stock up 6% | Rises 32% over IPO price in 3 months; what next?
Stock split: The newly listed share traded ex-split on 25 August 2026 for the sub-division of stock in a 1:10 ratio
HD Fire IPO: a niche business with a demanding price tag?
With no direct listed Indian peer, investors must weigh HD Fire's competitive advantages against cash generation and project dependence.
Moneyview shares rally 93% from IPO price in 7 sessions. What lies ahead?
Moneyview shares have surged since listing, but sustaining the rally will depend on the company’s financial performance and asset quality. Analysts say investors should track revenue growth, loan disbursals, managed assets under management (AUM), profitability, margins and operating cash flow. The digital lending platform’s ability to sustain growth while maintaining asset quality will be key to its long-term prospects.
Jio IPO may be valued at Rs 11 lakh crore: What it means for RIL, Bharti Airtel and telecom stocks
Jio Platforms’ proposed Rs 30,000 crore IPO could become India’s biggest-ever share sale, valuing Mukesh Ambani’s digital business at up to Rs 11 lakh crore. With global and domestic investors showing interest, the listing will test Jio’s valuation against Bharti Airtel, potentially reshape telecom sector dynamics and offer investors a direct route to participate in Reliance’s digital growth story.
IPO: Who really owns Jio Platforms? Reliance doesn't own 100%; Meta, Google, 7 others are major shareholders | DRHP data
Reliance Jio IPO: However, it is from the house of conglomerate of Billionaire business tycoon Mukesh Dhirubhai Ambani-led Reliance Industries Limited (RIL) but Reliance is not the 100% owner of Jio Platforms. Jio has shareholders like social media giant Meta, IT giant Google and others.
Bonfiglioli Transmissions announces Rs 2,534-cr IPO; price band set at Rs 558-586/sh
Bonfiglioli Transmissions Ltd has set the IPO price band between Rs 558 and Rs 586. The subscription window will open from October 15 to October 19, with anchor investors allowed to bid a day prior on October 14. This IPO is exclusively an offer for sale initiated by the promoter, Bonfiglioli SpA, and share listings are expected on both BSE and NSE by October 23.
RIL shares: Reliance Industries stock slides 6% in a month, can Jio Platforms IPO aid the bounce back? Experts' views
Experts believe buying Reliance Industries shares would be the cheapest way to get the jio Platforms shres through the shareholders' quota after the business demerger
Defence tech firm Tonbo Imaging sets IPO price band at Rs 665-700; issue to open on Oct 15
Tonbo Imaging India has set a pricing band of Rs 665-700 per share ahead of its anticipated IPO. This public offering will be available for subscription from October 15 to October 19, featuring an Offer for Sale exclusively from existing investors and promoters. Founders and various shareholders are collaborating in this share offloading initiative, with JM Financial and IIFL Capital Services serving as the book-running lead managers for the offering.
Zetwerk's Rs 5,012 cr IPO to open on Oct 15; price band set at Rs 143-151
Zetwerk Manufacturing Business Ltd is gearing up for an Initial Public Offering with a pricing range of Rs 143 to 151. This IPO, which will conclude on October 19, aims to gather funds for debt repayment and strategic acquisitions. Existing investors will contribute shares worth over Rs 2,182 crore in an Offer for Sale.
Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other details
Zetwerk Manufacturing Business has set its IPO price band at Rs 143–151 per share for its Rs 5,012.33-crore issue opening on October 15. The offering includes a fresh issue of Rs 2,830 crore. Proceeds will primarily fund debt repayment and strategic acquisitions to support its expansion.
Zetwerk Manufacturing Business IPO price band set at Rs 143–151; Rs 5,012 crore issue opens on October 15
Zetwerk Manufacturing Business has set its IPO price band at Rs 143–151 per share for its Rs 5,012.33-crore issue opening on October 15. The offering includes a fresh issue of Rs 2,830 crore. Proceeds will primarily fund debt repayment and strategic acquisitions to support its expansion.
R.K. Fashion Accessories IPO listing today: Check GMP and expected listing price
The Rs 35 crore public issue was priced at Rs 82 per share at the upper end of the price band. It comprised a fresh issue of 42.67 lakh shares, with no offer-for-sale (OFS) component.
IPO Rush: Eight issues to raise over Rs 11,000 crore this week
Investors can look forward to an active primary market with six mainboard and two SME IPOs on the horizon. Zetwork Manufacturing is expected to head the list, seeking an impressive Rs 5,000 crore, followed by Bonfiglioli Transmission aiming for Rs 2,500 crore and Tonbo Imaging India with a target of Rs 1,500 crore. Supporting this momentum are HD Fire Protect, Fusion CX, and Medical Technologies.
EV stock to buy: Ather Energy shares - 130% returns in a year, Bank of Baroda Caps sees 19% more upside | Target price
Ather Energy shares have risen sharply since listing in May 2025. BOBCAPS sees further upside and expects the company’s planned move into the ₹1–1.25 lakh segment to support its expansion into the mass market.
The Week Ahead: Inflation Data, Q2 Earnings, IPOs, US CPI In Focus
The September CPI inflation data, US inflation data, quarterly results are among the key events to watch through the week ending Oct. 18.
Kotak Mahindra Life, Ashish Kacholia, Others Invest Rs 120 Crore In Fusion Cx Ahead Of IPO
The IPO comprises a fresh issue of shares worth up to Rs 500 crore and an offer for sale of shares aggregating up to Rs 202 crore by promoter selling shareholders.
Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX
Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX ahead of its Rs 702 crore IPO opening on October 14.
Elon Musk vs Mukesh Ambani: Why is Tesla, SpaceX CEO attacking Reliance Industries ahead of Jio Platforms IPO launch?
Elon Musk vs Mukesh Ambani: Experts believe Tesla, SpaceX CEO is attacking Reliance Industries because his Indian venture Starlink will have to compete with Jio Platforms, which is ready to hit the Indian primary market any time
Frequently Asked Questions
How do I apply for an IPO in India?
You can apply through your demat account via ASBA (Application Supported by Blocked Amount) on your bank's net banking portal, or through UPI-based applications on broker apps like Zerodha, Groww, or Angel One. For UPI applications, you place a bid through the broker, approve the mandate on your UPI app, and the money gets blocked in your bank account until allotment. If you do not get shares, the blocked amount is released automatically.
What is grey market premium (GMP) and should I rely on it?
GMP is the unofficial premium at which IPO shares trade in the grey market before listing. A high GMP suggests strong demand and a likely listing gain. However, GMP is unregulated, can be manipulated, and changes rapidly. It is directionally useful — a consistently high GMP usually means the IPO will list well — but the final listing price can differ significantly. Do not base your investment decision solely on GMP without checking the company fundamentals.
What factors should I consider before applying for an IPO?
Look at the company's revenue growth, profitability, and whether the business is genuinely scalable. Check the price-to-earnings ratio versus listed peers in the same sector. Read the objects of the issue — is the money being used for growth or mostly for existing shareholders to cash out (offer for sale)? Review promoter background, debt levels, and any legal or regulatory risks mentioned in the DRHP. Subscription numbers and anchor investor interest also signal institutional confidence.