Archive · 11 Oct 2026
Jio Platforms, Zetwerk Lead Dozen October IPOs in India
About twelve companies in India plan to sell shares to the public in October.
This kind of share sale is called an IPO.
The companies work in areas such as technology, healthcare, clean energy, defence and manufacturing.
Some will issue new shares to raise money for their businesses, while some current owners will sell shares.
Jio Platforms is expected to have the biggest IPO India has seen so far.
Zetwerk plans to raise about ₹5,000 crore.
Companies have already raised more than ₹1.1 lakh crore through IPOs in 2026.
An expert says investors are looking closely at prices, business performance and good company oversight.
Twelve companies, including Jio Platforms, Zetwerk and Avaada Electro, are preparing IPOs in India in October.
The offerings span technology, healthcare, renewable energy, defence and precision manufacturing, and combine fresh issues with offers for sale.
Companies raised more than ₹1.1 lakh crore through 96 IPOs in 2026 so far, including 35 in September.
Jio Platforms is scheduled to open its IPO October 21–23 and is expected to be India’s largest to date; Zetwerk plans to raise about ₹5,000 crore.
JM Financial’s Neha Agarwal says investors are increasingly focused on valuation, earnings visibility, governance and capital efficiency.
- Who
- Twelve companies, including Jio Platforms, Zetwerk Manufacturing Business and Avaada Electro.
- What
- The companies are preparing IPOs, using fresh share issues, offers for sale, or both.
- When
- October 2026; Jio Platforms’ subscription window is October 21–23.
- Where
- India’s primary market.
- Why
- Fresh issue proceeds may fund expansion, capital expenditure, debt repayment, working capital and general corporate purposes; offers for sale allow existing shareholders to sell shares.
Market opportunity
Investor and market risks
Capacity to absorb offerings
Market opportunity
Neha Agarwal says domestic liquidity, selective foreign capital and underlying demand for quality offerings can support multiple large IPOs, given disciplined pricing.
Investor and market risks
Secondary-market volatility and geopolitical developments could lead companies to adjust launch timing and may affect investor subscriptions.
Offer-for-sale transactions
Market opportunity
Agarwal says promoter or early-investor dilution is not necessarily a concern; OFS transactions can let investors realise gains after businesses have scaled.
Investor and market risks
Investor response depends on operating track records, industry prospects and whether valuations leave enough potential upside for public-market investors.
- Companies expected to launch IPOs
- 12
- IPO fundraising in 2026 so far
- More than ₹1.1 lakh crore across 96 IPOs
- IPO issues in September
- 35
- Jio Platforms subscription dates
- October 21–23, 2026
- Jio Platforms offering
- Expected to be India’s largest IPO to date
- Zetwerk proposed IPO
- About ₹5,000 crore: ₹2,600 crore fresh issue and an OFS of up to 9.68 crore shares
- HD Fire Protect IPO
- ₹712 crore; price band ₹258–271 per share; entirely an OFS
- Fusion CX IPO
- ₹702 crore; price band ₹275–289 per share