Upcoming IPO in October 2026
Complete list of upcoming IPOs opening in October 2026 — dates, price band, lot size and GMP. 5 upcoming IPOs with confirmed dates and 16 more in the SEBI pipeline.
Tracking upcoming IPOs in October 2026? Below is the complete list of mainboard and SME IPOs expected to open this month on NSE and BSE. Each row shows the expected open date, price band, lot size, and live GMP. Looking for SME IPOs? Check our SME IPO list →. See also the IPO calendar, currently open IPOs, subscription status and allotment checker.
Mainboard IPOs
4| Company | Open Date | Close Date | Price Band | Issue Size | GMP |
|---|---|---|---|---|---|
TI Tonbo Imaging India | 15 Oct 2026 | 19 Oct 2026 | ₹665 – ₹700 | ₹852.18 Cr | ₹500 (+71.43%) |
SM Sahajanand Medical Technologies | 15 Oct 2026 | 19 Oct 2026 | ₹327 – ₹344 | ₹475.48 Cr | ₹43 (+12.50%) |
BT Bonfiglioli Transmissions | 15 Oct 2026 | 19 Oct 2026 | ₹558 – ₹586 | ₹2533.66 Cr | ₹177 (+30.20%) |
ZM Zetwerk Manufacturing Business | 15 Oct 2026 | 19 Oct 2026 | ₹143 – ₹151 | ₹3867.14 Cr | ₹24 (+15.89%) |
SME IPOs
1| Company | Open Date | Close Date | Price Band | Issue Size | GMP |
|---|---|---|---|---|---|
 | 15 Oct 2026 | 19 Oct 2026 | ₹170 – ₹179 | ₹59.97 Cr | ₹0 (+0.00%) |
DRHP Pipeline — Upcoming Filings
Companies that have filed their draft prospectus — mainboard DRHPs with SEBI, SME drafts with the NSE Emerge / BSE SME exchange — and may launch an IPO in the coming months.
Mainboard IPOs
8| Company | Sector | Issue Size | Status | Expected |
|---|---|---|---|---|
| Zepto | Quick Commerce | ₹11,000 Cr (est.) | DRHP FILED | Timing overdue (was targeted Jul 2026) |
| OYO (Oravel Stays / PRISM) | Travel & Hospitality | ₹6,650 Cr (fresh issue) | SEBI Observations Received | Timing overdue (was targeted Aug–Sep 2026) |
| Hero FinCorp | NBFC | ₹3,668 Cr (₹2,100 Cr fresh + ₹1,568 Cr OFS) | DRHP FILED | Timing overdue (was targeted Aug 2026) |
| Veritas Finance | NBFC | ₹2,800 Cr (₹600 Cr fresh + ₹2,200 Cr OFS) | SEBI Observations Received | TBA (approval validity under review) |
| boAt (Imagine Marketing) | Consumer Electronics | ₹1,500 Cr (₹500 Cr fresh + ₹1,000 Cr OFS) | SEBI Observations Received | ~Oct 2026 (est.) |
| Jio Platforms | Telecom | Not yet announced (fresh issue) | SEBI Observations Received | Not yet announced |
| Tonbo Imaging India | — | — | DRHP FILED | Dated: opens 15 Oct → |
| M P STEEL (INDIA) | — | — | DRHP FILED | TBA |
SME IPOs
8| Company | Status | Filed | DRHP |
|---|---|---|---|
| Vardhman Airport Solutions | SEBI Observations Received | Jun 2026 | View DRHP |
| Shree Siddhivinayak Greentech Industries | SEBI Observations Received | Jul 2026 | View DRHP |
| Hgs (India) | SEBI Observations Received | Mar 2026 | View DRHP |
| Alde Medi Impex | DRHP FILED | Sep 2026 | View DRHP |
| Panchratan Steels | DRHP FILED | Aug 2026 | View DRHP |
| Sunkind India | DRHP FILED | Aug 2026 | View DRHP |
| Dynamic Eyewear India | DRHP FILED | Jul 2026 | View DRHP |
| Geeta Glasses (India) | DRHP FILED | Aug 2026 | View DRHP |
Already open? Check open IPOs →
How to Prepare for an Upcoming IPO
Preparation is key to successful IPO investing. When you spot an upcoming IPO on this page, the first step is to research the company's fundamentals. Read the Draft Red Herring Prospectus (DRHP) or the final RHP if available — these documents contain everything about the company's financials, business model, industry position, risks, and how they plan to use the IPO proceeds. Pay close attention to revenue growth, profitability trends, debt levels, and the promoter holding percentage.
Next, evaluate the valuation. Compare the IPO price band with the company's earnings per share (EPS) to calculate the price-to-earnings (P/E) ratio. Compare this P/E with listed peers in the same sector. An IPO priced at a significant premium to its peers may face listing pressure, while a reasonably priced IPO relative to peers often performs well on listing day and beyond. Also check the issue size relative to the company — fresh issue proceeds go to the company for growth, while offer-for-sale (OFS) proceeds go to existing shareholders who are selling their stake.
Ensure your trading and Demat accounts are active and KYC-compliant. Link your UPI ID to your broker account well before the IPO opens. Keep sufficient balance in your bank account — for retail investors, the maximum application is typically Rs 2 lakhs (at cut-off price). For SME IPOs, the minimum application is Rs 1 lakh (1 lot), so plan your funds accordingly. Consider applying at the cut-off price to maximise your chances of allotment, as applications below the final price are rejected.
Finally, track the Grey Market Premium (GMP) in the days leading up to the IPO. While GMP is speculative, a consistently strong positive GMP across multiple days generally indicates healthy market demand. However, never rely on GMP alone — it can swing dramatically in either direction, especially for SME IPOs. The best approach is to combine GMP sentiment with your own fundamental analysis of the company's business and valuation before making your decision.
Frequently Asked Questions
How do I know when an upcoming IPO will open for subscription?
SEBI-approved IPOs announce their open and close dates in the Red Herring Prospectus (RHP). We update this page as soon as dates are confirmed. You can also set up alerts on IPO Market to get notified the moment an IPO opens for subscription.
Can I apply for an upcoming IPO before it opens?
No. IPO applications are only accepted during the subscription window (from the open date to the close date). You cannot place a bid before the IPO opens. However, you can prepare by ensuring your Demat account is active, your UPI ID is linked, and your bank account has sufficient balance.
What is the SEBI IPO pipeline?
The SEBI IPO pipeline includes companies that have filed their Draft Red Herring Prospectus (DRHP) with SEBI for approval. Once SEBI approves the DRHP, the company has 12 months to launch the IPO. Not all companies in the pipeline end up launching — some withdraw or delay their IPO based on market conditions.
How accurate is the Grey Market Premium (GMP) for upcoming IPOs?
GMP for upcoming IPOs is highly speculative and can change significantly between the announcement date and the actual listing. GMP is sourced from unofficial grey market traders and should be used only as a rough sentiment indicator, not as a reliable predictor of listing performance. Always base your investment decision on the company fundamentals in the RHP.
Disclaimer: IPO investments are subject to market risks. Grey Market Premium (GMP) is unofficial data sourced from market participants and is not endorsed by SEBI, NSE, or BSE. Expected IPO dates shown here are based on publicly available information and may change. Past performance is not indicative of future returns. Please read all scheme-related documents carefully before investing.