Athira Sethu
Kochi, 12 Oct 2026
Nine companies have scheduled IPOs this week. In an IPO, the shares of a company are issued to the general public for the very first time. There are six mainboard IPOs and three SME IPOs.
These include HD Fire Protect IPO, Fusion CX IPO, Tonbo Imaging India IPO, Zetwerk Manufacturing Businesses IPO, Bonfiglioli Transmissions IPO and Sahajanand Medical Technologies IPO. While the other three are SME IPOs and are Ravita Engineering Services IPO, Shellz India IPO and Vaibhav Vyapaar IPO. The shares of RK Fashion Accessories, which sells imitation jewelry and branded cosmetics, will be listed on October 12.
1. HD Fire Protect IPO
The HD Fire Protect IPO will go live on October 13 and end on October 15. The issue price of the share has been fixed at ₹258 and ₹271. The company plans to raise ₹712.31 crore through this IPO.
This IPO is completely a case of OFS (Offer For Sale). This implies that the promoter of this company will be selling their existing shares. The company will not get anything out of this IPO. HD Fire Protect is into the business of manufacturing fire safety equipment and systems using water, foam and gas.
2. Fusion CX IPO
The IPO of Fusion CX is going to commence on October 14 and end on October 16. The company plans to raise ₹702 crore through its IPO, which includes ₹500 crore from the issuance of fresh shares and ₹202 crore from the sale of the existing shares held by promoters.
The money raised will be used to settle debt, upgrade technology infrastructure, fund future business expansion and cover general business expenses. The stock price will be between ₹275 and ₹289, and each lot contains 51 stocks.
Fusion CX offers customer assistance services via phone calls, emails, social media, chat, and messaging applications.
3. Tonbo Imaging India IPO
The IPO of Tonbo Imaging India will commence on October 15 and end on October 19. The company plans to raise ₹852.18 crore through the issuance of existing shares. The price range will be ₹665 to ₹700 for each share, and one lot will have 21 stocks.
The company manufactures and designs advanced defence and security equipment such as cameras, infrared technologies, communication, and surveillance equipment.
4. Zetwerk Manufacturing Businesses IPO
IPO of Zetwerk will commence from October 15 to October 19. Total proceeds from IPO will be ₹5,012.33 crore, which consists of ₹2,830 crore from fresh issues and ₹2,182.33 crore from the sale of shares from existing shareholders.
Funds raised from IPO will be used for repaying of loan, business expansion through acquisition, and general corporate purposes. Zetwerk is a manufacturing platform based on technology providing services globally to the clients.
5. Sahajanand Medical Technologies IPO
Sahajanand Medical Technologies will start its IPO worth ₹475.48 crore from October 15. The closing date of IPO is October 19. Price range per share is ₹327 to ₹344.
The issue is purely an offer for sale from promoters and existing investors, hence no funds will be raised by the company from this IPO. Sahajanand Medical Technologies is into manufacturing of medical devices used in minimally invasive heart surgeries.
6. Bonfiglioli Transmissions IPO
The Bonfiglioli Transmissions IPO would commence from October 15 till October 19. The company will be raising ₹2,533.66 crore through Offer for Sale. The price band is between ₹558 and ₹586 per share. Minimum subscription of 25 shares will be applicable for retail investors.
The company designs and manufactures mechanical and electrical power transmission products as well as industrial drives for various industries.
It is advised that investors go through all IPO information prior to investing. IPO investments always have their own risks, and investors have to take decisions as per their objectives and risk profile.
