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Upcoming IPOs This Week: HD Fire Protect, Fusion CX, Zetwerk, Tonbo Imaging, Sahajanand Medical and Bonfiglioli Transmissions

Six mainboard IPOs open between 13 and 19 October 2026: price bands, dates, sizes and offer structures for HD Fire Protect, Fusion CX, Zetwerk, Tonbo Imaging, Sahajanand Medical and Bonfiglioli Transmissions.

Six mainboard initial public offerings are scheduled to open for subscription in the week of 12 to 19 October 2026. The dates, price bands, sizes, lot sizes and offer structures below are taken from each company's red herring prospectus and price-band announcements available as of the reporting cutoff of 09:15 IST on 13 October 2026. A price band is the range within which investors bid; a lot is the minimum number of shares per application; a fresh issue raises money for the company, while an offer for sale pays the selling shareholders. These are issue terms and not recommendations.

HD Fire Protect: 13 to 15 October

Subscription runs from Tuesday, 13 October to Thursday, 15 October 2026, with anchor bidding on 12 October. The price band is Rs 258 to Rs 271 per share of Rs 5 face value, and the lot size is 55 shares, or Rs 14,905 for one lot at the upper end. The issue is entirely an offer for sale of up to 26,284,500 shares, aggregating to about Rs 712.31 crore at the upper end, by two promoter selling shareholders. Allotment is expected on 16 October, with refunds and demat credit on 19 October and listing on the BSE and NSE on 21 October. The company, based in Maharashtra, makes fire-protection equipment such as sprinklers, deluge valves, foam systems and gas suppression systems for refineries, power plants, data centres and large buildings. As the issue is an offer for sale only, the company receives no proceeds; the stated objects in the offer document are to carry out the sale and to list the shares.

Fusion CX: 14 to 16 October

Subscription runs from Wednesday, 14 October to Friday, 16 October 2026, with anchor bidding on 13 October. The price band is Rs 275 to Rs 289 per share of Re 1 face value, and the lot size is 51 shares, or Rs 14,739 for one lot at the upper end. The total issue size is about Rs 702 crore, comprising a fresh issue of about Rs 500 crore and an offer for sale of about Rs 202 crore by two promoter entities. Allotment is expected on 19 October, with listing on the BSE and NSE on 22 October. The Kolkata-based company provides customer-experience outsourcing services. The offer document states that the fresh-issue proceeds will be used to repay or prepay borrowings of the company and certain subsidiaries, to invest in step-down subsidiaries Omind Technologies Inc. and Omind Technologies Private Limited to upgrade the Arya and MindVoice information-technology tools, and for inorganic growth and general corporate purposes, with the offer-for-sale proceeds going to the selling shareholders.

Zetwerk Manufacturing Businesses: 15 to 19 October

Subscription runs from Thursday, 15 October to Monday, 19 October 2026, with anchor bidding on 14 October. The price band is Rs 143 to Rs 151 per share of Re 1 face value, and the lot size is 99 shares, or Rs 14,949 for one lot at the upper end. The total issue size is about Rs 5,012.33 crore at the upper end, comprising a fresh issue of Rs 2,830 crore and an offer for sale of up to 144,525,036 shares worth about Rs 2,182 crore. Allotment is expected on 21 October, with demat credit on 22 October and listing on the BSE and NSE on 23 October. The Bengaluru-based company operates a managed marketplace that connects buyers with factories for precision and industrial components. The offer document allocates the fresh proceeds broadly to repayment of the company's own borrowings, repayment of borrowings of nine named subsidiaries through investments in those subsidiaries, and the balance to unidentified inorganic acquisitions and general corporate purposes, with the offer-for-sale proceeds going to the promoter, promoter-group and investor selling shareholders.

Tonbo Imaging India: 15 to 19 October

Subscription runs from Thursday, 15 October to Monday, 19 October 2026, with anchor bidding on 14 October. The price band is Rs 665 to Rs 700 per share of Rs 2 face value, and the lot size is 21 shares, or Rs 14,700 for one lot at the upper end. The issue is entirely an offer for sale of up to 12,174,046 shares, aggregating to about Rs 852.18 crore at the upper end. Allotment is expected on 21 October, with refunds and demat credit on 22 October and listing on 23 October. The Bengaluru-based company is a defence-electronics manufacturer making night-vision, thermal-imaging and surveillance systems. As the issue is an offer for sale only, the company receives no proceeds; the sellers include promoter-group individuals and several investor shareholders named in the offer document.

Sahajanand Medical Technologies: 15 to 19 October

Subscription runs from Thursday, 15 October to Monday, 19 October 2026, with anchor bidding on 14 October. The price band is Rs 327 to Rs 344 per share of Re 1 face value, and the lot size is 43 shares, or Rs 14,792 for one lot at the upper end. The issue is entirely an offer for sale of up to 13,822,116 shares, aggregating to about Rs 475.48 crore at the upper end. Allotment is expected on 21 October, with refunds and demat credit on 22 October and listing expected on 23 October. The Gujarat-based company makes cardiovascular medical devices, including coronary stents and delivery catheters. As the issue is an offer for sale only, the company receives no proceeds; the sellers are the Shree Hari Trust, individual shareholders and institutional shareholders named in the offer document.

Bonfiglioli Transmissions: 15 to 19 October

Subscription runs from Thursday, 15 October to Monday, 19 October 2026, with anchor bidding on 14 October. The price band is Rs 558 to Rs 586 per share of Rs 10 face value, and the lot size is 25 shares, or Rs 14,650 for one lot at the upper end. The issue is entirely an offer for sale of up to 43,239,042 shares, aggregating to about Rs 2,534 crore at the upper end, by the promoter Bonfiglioli S.p.A. Allotment is expected on 21 October, with demat credit on 22 October and listing on the BSE and NSE on 23 October. The Chennai-based company makes gearboxes, gear motors and drive solutions and is the Indian subsidiary of Italy-based Bonfiglioli S.p.A. As the issue is an offer for sale only, the company receives no proceeds.

Allotment and listing dates remain indicative until the basis of allotment is finalised and the exchanges confirm listing. Readers tracking these issues should check the final prospectus, the exchange offer notices and the registrar announcements for any revision to the timetable.

This article is for general information only and does not constitute investment advice or a recommendation to subscribe to any issue. IPO terms can be revised before the issue opens. Before bidding, read each company's prospectus, including the risk factors, and consider speaking with a SEBI-registered investment adviser for advice specific to individual circumstances.

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