Market Update

Indian IPO Weekly Review: 19 Oct–25 Oct 2026

By Automated data summary · Niva Market Watch · Published

This roundup is generated automatically from Niva Market Watch's IPO database. Figures reflect our records at the time of publication; each IPO page has the latest data.

Between Monday 19 Oct and Sunday 25 Oct 2026, 3 IPOs opened for bidding, 7 issues closed and 8 issues listed, according to Niva Market Watch's records.

Issues that closed

6 of the 7 issues that closed have a final subscription figure in our records. The median final overall subscription was 33.71×; 5 issues were subscribed more than 10 times and 0 issues were undersubscribed (below 1×). The highest was Tonbo Imaging India Limited at 132.81× and the lowest Paras Healthcare Limited at 2.34×.

Disclosed issue sizes of these issues add up to ₹35,584 crore (6 of 7 issues have a size in our records). The largest was Jio Platforms Limited at ₹30,213 crore.

IPOExchangeIssue sizeQIBNIIRetailOverall
Tonbo Imaging India LimitedBSE₹852 crore293.56×156.36×31.11×132.81×
Bonfiglioli Transmissions LimitedBSE₹2,534 crore120.78×40.39×5.90×46.05×
Sahajanand Medical Technologies LimitedNSE₹475 crore34.70×14.64×3.04×14.21×
Zetwerk Manufacturing Businesses LimitedNSE—————
Shellz India LimitedBSE₹59.97 crore41.92×86.41×56.09×58.54×
Jio Platforms LimitedNSE₹30,213 crore67.15×13.99×2.76×21.36×
Paras Healthcare LimitedBSE₹1,450 crore3.25×0.69×2.10×2.34×

“—” in a category column means the figure was not reported, or the category figures did not reconcile with the overall figure in our source.

Listings

8 issues were scheduled to list this week. We do not yet record listing-day prices, so this review does not report listing gains or losses.

IPOListing dateExchangePrice band
HD Fire Protect LimitedWed 21 OctBSE₹258–₹271
Ravita Engineering Services LimitedWed 21 OctNSE₹105–₹112
Vaibhav Vyapaar LimitedWed 21 OctNSE₹51–₹54
Fusion CX LimitedThu 22 OctBSE₹275–₹289
Tonbo Imaging India LimitedFri 23 OctBSE₹665–₹700
Bonfiglioli Transmissions LimitedFri 23 OctBSE₹558–₹586
Sahajanand Medical Technologies LimitedFri 23 OctNSE₹327–₹344
Shellz India LimitedFri 23 OctBSE₹170–₹179

How this week compares

7 issues closed this week, against an average of 11.3 per week over the previous four weeks (20, 15, 6, 4, oldest first).

Next week

About this review

This review is generated automatically from Niva Market Watch's database. Issue details come from exchange public-issue data; subscription figures come from InvestorGain's public report. Grey market premium is not included. See our data methodology. This is not investment advice.

IPOs mentioned

IPO Exchange Price Closes Listing
HD Fire Protect Limited IPO BSE ₹258–₹271 15 Oct 2026 21 Oct 2026
Ravita Engineering Services Limited IPO NSE ₹105–₹112 16 Oct 2026 21 Oct 2026
Vaibhav Vyapaar Limited IPO NSE ₹51–₹54 15 Oct 2026 21 Oct 2026
Fusion CX Limited IPO BSE ₹275–₹289 16 Oct 2026 22 Oct 2026
Tonbo Imaging India Limited IPO BSE ₹665–₹700 19 Oct 2026 23 Oct 2026
Bonfiglioli Transmissions Limited IPO BSE ₹558–₹586 19 Oct 2026 23 Oct 2026
Sahajanand Medical Technologies Limited IPO NSE ₹327–₹344 19 Oct 2026 23 Oct 2026
Zetwerk Manufacturing Businesses Limited IPO NSE ₹143–₹151 19 Oct 2026 —
Shellz India Limited IPO BSE ₹170–₹179 19 Oct 2026 23 Oct 2026
Jio Platforms Limited IPO NSE ₹1,065–₹1,119 23 Oct 2026 28 Oct 2026
Paras Healthcare Limited IPO BSE ₹660–₹693 23 Oct 2026 28 Oct 2026
Core4 Engineers Limited IPO BSE ₹88–₹93 27 Oct 2026 30 Oct 2026

Background reading

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