A busier stretch for new listings on India's primary market is expected to take shape as October approaches. Trading in the new-issue market, which saw limited activity through the opening months, is expected to pick up pace in the latter part of the year, with Jio Platforms likely to draw considerable attention.

Two upcoming public offerings — from Zetwerk Manufacturing Business and Avaada Electro — are drawing attention in the market. Among the companies preparing to enter public markets through IPOs are Fusion CX, HD Fire Protect, Tonbo Imaging, Bonfiglioli Transmissions, Sahajanand Medical Technologies, Paras Healthcare, NDR InvIT Trust, Gujarat Victory Forgings, and SFC Environmental Technologies.

Portfolio activity across these firms reaches into technology, healthcare, renewable energy, defence, and precision manufacturing. Capital for these companies will come from a blend of newly issued shares and stakes sold by existing holders through an Offer for Sale structure. Money raised through the share offerings is expected to fund a range of corporate needs, spanning operational expansion, capital investment, the reduction of outstanding debt, day-to-day working capital, and broader organisational purposes.

Ninety-six initial public offerings completed during 2026 have together drawn in upwards of ₹1.1 lakh crore in fresh capital. September alone accounted for 35 of those IPO launches. Equity-market swings and shifts in the geopolitical landscape both carry the capacity to alter when companies choose to bring their shares to market.

Subscription windows for the Jio Platforms IPO — set to run from October 21 through October 23 — would place it among the largest share offerings ever brought to Indian markets. Reliance Industries houses this division within its portfolio as the group's dedicated vehicle for telecom and digital services. Buying interest among investors ahead of the offering has been described as broad and active. Data from investorgain placed the grey market premium for the period spanning October 4 through October 11 within a range of ₹148 at its lower end and ₹182 at its upper end.

Zetwerk, a manufacturing platform built around technology-driven operations, has outlined a fundraising target of around ₹5,000 crore through a public share offering. Under the proposed structure, ₹2,600 crore would be raised through a fresh share issuance, while existing stakeholders could offload as many as 9.68 crore equity shares through an Offer for Sale component. Subscription windows for the offering run from October 15 through to October 19.

A price band stretching from ₹258 to ₹271 per share has been set by HD Fire Protect — a maker of fire protection equipment and systems — for its public offering, which is sized at ₹712 crore. All shares on offer come from promoters selling down their existing holdings, with no fresh capital being raised by the company. Subscription windows for the offering run from October 13 through to October 15.

A price band stretching from ₹275 to ₹289 per share has been announced for the ₹702 crore public offering put forward by Fusion CX, an AI-driven customer experience solutions provider. Submissions open on October 14 and the window for entries runs through to October 16.

Plans filed by Tonbo Imaging would put up to 1.22 crore equity shares on the block through an Offer for Sale, with the company's portfolio spanning defence technology and thermal imaging systems. Subscription windows for the offering run from October 15 through to October 19. An offer for sale covering as many as 4.32 crore equity shares has been put forward by Bonfiglioli Transmissions, the Indian subsidiary of Italy's Bonfiglioli Group, with the subscription window running from October 15 through October 19.

Structured as an offer for sale of 1.38 crore shares, the public listing of Sahajanand Medical Technologies carries no fresh equity issuance component. A window running from October 15 through to October 19 has been set for this issue to accept submissions.

A public offering structured to bring in ₹7,600 crore is in the works at Avaada Electro. Plans at Paras Healthcare call for a ₹1,800 crore fundraise, while NDR InvIT Trust has set its sights on gathering ₹750 crore through a separate capital-raising effort. A filing from Gujarat Victory Forgings puts the planned share offering at a ceiling of 1.97 crore units. Each of the four matters pairs a new issue with an OFS component.

SFC Environmental Technologies, a wastewater treatment solutions provider, has put forward plans for a ₹150 crore primary share offering alongside an offer for sale covering 1.23 crore equity shares.