No. 001 · Sunday, 11 October 2026 India's Breakout Stories, Explained
KyunTrend

20 Tool · Money & Rules

IPOs this week (12–16 Oct 2026)

Two mainboard issues open this week: HD Fire Protect (13–15 Oct) and Fusion CX (14–16 Oct). Pick one to see what a lot costs and what a given listing price would mean for you.

As of 11 October 2026, 7:30 AM IST. Price bands, lot sizes and dates are the companies' announced terms. Grey market premium (GMP) is unofficial and unregulated; it is not published by SEBI, NSE, BSE or the company, and it often changes before listing. This tool does arithmetic only. It is not investment advice, and KyunTrend is not a SEBI-registered adviser.

Amount blocked at the upper price

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IPO lot cost and listing gain

Arithmetic only · GMP unofficial · not advice

01 This week

Every IPO opening 12–16 October

Announced terms. Allotment, credit and listing dates are the tentative schedule.
IPOBoardPrice bandLot (cost at top)BiddingAllotmentListing
HD Fire ProtectMainboard₹258–27155 (₹14,905)Tue, 13 Oct – Thu, 15 OctFri 16 OctWed 21 Oct
Fusion CXMainboard₹275–28951 (₹14,739)Wed, 14 Oct – Fri, 16 OctMon 19 OctThu 22 Oct
Vaibhav VyapaarSME₹51–542,000 (₹1,08,000)Tue, 13 Oct – Thu, 15 OctFri 16 Oct (expected)Wed 21 Oct (tentative)
Ravita Engineering ServicesSME₹105–1121,200 (₹1,34,400)Tue, 13 Oct – Thu, 15 OctFri 16 Oct (expected)Wed 21 Oct (tentative)
Sahajanand Medical TechnologiesMainboardNot announcedThu 15 Oct – Mon 19 OctOffer for sale of 2,76,44,231 shares. Price band and lot size not announced as of 11 Oct morning (Chittorgarh).
  • HD Fire Protect: Fire protection equipment maker (water, foam and gas suppression systems); plants in Jalgaon and Thane, Maharashtra. Issue size: ₹712.31 crore, all offer for sale (no fresh issue). Check allotment with the registrar, MUFG Intime India. Reported GMP: ₹75 per share as quoted by IPO Guru at 5:24 AM IST on 11 Oct (range since 7 Oct: ₹63–80); gmptoday.in put the median of 7 trackers at ₹75 (₹70–76) on 10 Oct night. Unofficial.
  • Fusion CX: Kolkata-based customer-experience (call centre, chat, email) and AI data services company; 40 delivery centres in 13 countries. Issue size: ₹702 crore: ₹500 crore fresh issue + ₹202 crore offer for sale. Check allotment with the registrar, KFin Technologies. Reported GMP: ₹53 per share as quoted by IPO Guru on 11 Oct. Unofficial.
  • Vaibhav Vyapaar: SME issue. Retail investors must apply for at least 2 lots (4,000 shares), per HDFC Sky. Issue size: 77,96,000 shares.
  • Ravita Engineering Services: SME issue. One lot is 1,200 shares (₹1,34,400 at the upper price), per Zerodha. Issue size: 1,03,62,000 shares.

SME issues list on the BSE SME or NSE Emerge platforms and have much bigger minimum bids than mainboard IPOs. Read the RHP before bidding.

Official sources: NSE upcoming issues and each company's red herring prospectus. Read the explainer: HD Fire Protect IPO: price band, lot size, dates and what the ₹75 GMP does (and doesn't) tell you. For the bigger one coming: Upcoming IPO 2026: Jio Platforms' reported price band, dates and how much one lot will cost you.