- Opening today: Fusion CX
- Highest GMP: Tonbo Imaging India at ₹475 (+67.9%)
- Best debut on 12 Oct: R.K. Fashion Accessories at -2.4%
In this post
Wednesday, 14 October 2026. Here is what is happening in the IPO market today: one new issue opens for bidding.
For each issue you will find the price band, lot size, grey market premium (GMP), financials and key dates, with links to the live IPO pages. Figures are as of 8:45 AM IST; GMP and subscription change through the day, so check the IPO page before you apply.
Today at a glance
| Event | IPOs |
|---|---|
| Opening today | Fusion CX |
| Still open | HD Fire Protect, Ravita Engineering Services, Vaibhav Vyapaar |
IPOs opening today
One issue opens for bidding today. Here is what each company does, how much it is raising and what its numbers look like.
Fusion CX IPO
Fusion CX is a customer experience (CX) and business process solutions provider offering multichannel customer support through voice, email, chat, social media, and messaging. The ₹702 Cr issue combines a fresh issue of ₹500 Cr, which goes to the company, and an offer for sale (OFS) of ₹202 Cr by existing shareholders, so about 71% of the money raised reaches the business. Promoter holding falls from 99.03% to 81.82% after the issue.
The price band is ₹275 – 289 a share; one lot of 51 shares costs ₹14,739 at the upper price. Bidding runs from Wed, 14 Oct to Fri, 16 Oct, the basis of allotment is expected on Mon, 19 Oct and the shares are due to list on Thu, 22 Oct on BSE, NSE.
In the grey market, the shares last traded at a premium (GMP) of ₹31, 10.7% above the upper price, which points to a listing around ₹320. GMP is unofficial and can change quickly; see the live IPO GMP table.
The company plans to use the fresh issue money for:
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by (i) the Company; (ii) certain Subsidiaries (direct and certain step-down subsidiaries): about ₹275.70 crore
- Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools, i.e., Arya and MindVoice: about ₹61.15 crore
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
The offer document reports return on equity (RoE) of 30.3%, RoCE of 71.59% and a debt-to-equity ratio of 0.53. Lead manager: Nuvama Wealth Management Ltd. Registrar: KFin Technologies. Fusion CX IPO: live GMP, subscription and allotment
How the last listings did
The one IPO that listed on Monday, 12 Oct, with the opening (listing) price and the close that day against the issue price, from the NSE and BSE price files.
| IPO | Issue price | Listing price | Listing gain | Day-1 close | Close vs issue |
|---|---|---|---|---|---|
| R.K. Fashion Accessories | ₹82 | ₹80 | -2.4% | ₹76 | -7.3% |
Full story, with GMP against the actual listing for each IPO: IPO Listing Recap (12 Oct 2026): R.K. Fashion Accessories Lists 2% Lower.
R.K. Fashion Accessories had the strongest debut, opening -2.4% above its issue price against a last GMP of +1.8%.
Other IPOs open for bidding
| IPO | Board | Price band | Closes | GMP | Subscribed |
|---|---|---|---|---|---|
| HD Fire Protect | Mainboard | ₹258 – 271 | Thu, 15 Oct | ₹91 (+33.6%) | 4.62x |
| Ravita Engineering Services | SME | ₹105 – 112 | Thu, 15 Oct | ₹2 (+1.8%) | — |
| Vaibhav Vyapaar | SME | ₹50 – 52 | Thu, 15 Oct | — | 0.17x |
GMP today: open and upcoming IPOs
Tonbo Imaging India has the highest grey market premium today at ₹475 (+67.9%). A high GMP shows strong demand in the unofficial market, but it is not a guarantee: it can fall sharply before listing, especially when many issues compete for money in the same week. Read what is IPO GMP to see how it works.
The full, live table is on the IPO GMP today page.
Opening in the next few days
| IPO | Board | Opens | Closes | Price band | Issue size |
|---|---|---|---|---|---|
| Bonfiglioli Transmissions | Mainboard | Thu, 15 Oct | Mon, 19 Oct | ₹558 – 586 | ₹2,533.66 Cr |
| Sahajanand Medical Technologies | Mainboard | Thu, 15 Oct | Mon, 19 Oct | ₹327 – 344 | ₹475.48 Cr |
| Shellz India | SME | Thu, 15 Oct | Mon, 19 Oct | ₹170 – 179 | ₹59.97 Cr |
| Tonbo Imaging India | Mainboard | Thu, 15 Oct | Mon, 19 Oct | ₹665 – 700 | ₹852.18 Cr |
| Zetwerk | Mainboard | Thu, 15 Oct | Mon, 19 Oct | ₹143 – 151 | ₹5,012.33 Cr |
| Jio Platforms | Mainboard | Wed, 21 Oct | Fri, 23 Oct | Awaited | — |
Add any of these to your phone calendar from its IPO page, or see every date on the IPO calendar.
Frequently asked questions
Which IPO has the highest GMP today?
Tonbo Imaging India has the highest GMP among open and upcoming IPOs at ₹475 (+67.9%), which points to a listing around ₹1,175 against an upper price of ₹700. GMP is unofficial and can change.
How do I check my IPO allotment status?
After the basis of allotment, check on the registrar's website with your PAN or application number, or on the BSE and NSE websites. Our IPO allotment status page links to each registrar.
This update is compiled automatically from IPO Darbaar's IPO database at 8:45 AM IST on 14 October 2026. Dates, prices and GMP come from offer documents and market sources and can change; the linked IPO pages always show the latest figures. This is not investment advice.
IPOs in this post
For information and education only; not investment advice. Figures come from offer documents, exchange and SEBI filings and IPO Darbaar data as of the date of publishing. Grey market premium (GMP) is unofficial.
