Business · Markets · 17 hrs ago
12 companies, including Jio and Zetwerk, plan October IPOs in India
Twelve companies are expected to launch initial public offerings, or IPOs, in India during October.
They include Jio Platforms, the telecom and digital services arm of Reliance Industries, and manufacturing platform Zetwerk.
The companies span sectors such as technology, healthcare, renewable energy, defence and manufacturing.
An IPO is a company's first sale of shares to the public; some of these offerings will also let existing shareholders sell their shares.
Companies can use money from new shares for needs such as expansion, equipment, debt repayment and working capital.
Businesses have raised more than ₹1.1 trillion through 96 IPOs in India so far in 2026, including 35 launched in September.
Jio's IPO is scheduled for October 21 to 23, while several other offerings are set to open from October 13 onward.
Twelve companies, including Jio Platforms and Zetwerk, are set to launch initial public offerings in India in October.
Jio Platforms’ IPO is scheduled to open on October 21 and is expected to be India’s largest IPO to date.
Zetwerk plans to raise around ₹5,000 crore through a mix of new shares and an offer for sale.
The planned offerings span technology, healthcare, renewable energy, defence and precision manufacturing.
Companies raised more than ₹1.1 trillion through 96 IPOs in India so far in 2026, including 35 in September.
- Who
- Twelve companies, including Jio Platforms, Zetwerk Manufacturing Business and Avaada Electro.
- What
- They plan to raise funds through IPOs, using fresh share issues, offers for sale or a combination of both.
- When
- October 2026. Jio Platforms’ IPO is scheduled to open on October 21.
- Where
- India.
- Why
- The companies plan to raise funds for purposes including expansion, capital expenditure, debt repayment, working capital and general corporate needs.
This story does not have two clearly opposing sides.
India's primary market momentum continues into the second half with a robust pipeline. While secondary-market volatility and geopolitical developments may induce selective launch windows, the underlying appetite for quality paper remains structural,
HD Fire Protect’s IPO is scheduled to open on October 13 and close on October 15.
Fusion CX’s IPO is scheduled to open on October 14 and close on October 16.
Zetwerk, Tonbo Imaging, Bonfiglioli Transmissions and Sahajanand Medical Technologies are scheduled to open their IPOs.
Jio Platforms’ IPO is scheduled to open on October 21 and close on October 23.
- Companies in planned IPO pipeline
- 12
- IPO funds raised in India so far in 2026
- More than ₹1.1 trillion through 96 IPOs
- Jio Platforms IPO subscription dates
- October 21–23
- Zetwerk planned IPO fundraising
- Around ₹5,000 crore
- Avaada Electro planned IPO fundraising
- ₹7,600 crore
- HD Fire Protect IPO price band
- ₹258–271 per share
Sources
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