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India’s primary market is gearing up for a busy week, with five companies scheduled to launch their initial public offerings (IPOs) between October 13 and October 15. The upcoming issues include HD Fire Protect, Fusion CX, Sahajanand Medical Technologies, Zetwerk Manufacturing and Bonfiglioli Transmissions.
With issue sizes ranging from hundreds of crores to several thousand crores, investors will watch subscription demand, valuations, and the companies’ business prospects. However, as these IPOs are yet to open, their subscription levels and listing performance remain unknown.
HD Fire Protect will open its IPO on October 13, with bidding closing on October 15. The company has fixed a price band of Rs. 258 to Rs. 271 per share, with an issue size of approximately Rs. 712.31 crore. The company plans to list the shares on the BSE and NSE.
Fusion CX will launch its IPO on October 14, and the issue will close on October 16. The price band is set at Rs. 275 to Rs. 289 per share, with an issue size of about Rs. 702 crore.
The company operates in customer experience services, an area where businesses are increasingly investing in technology-driven customer support and digital solutions. Investor response will be a key indicator of demand for the offering.
Sahajanand Medical Technologies, Zetwerk Manufacturing and Bonfiglioli Transmissions are scheduled to open their IPOs on October 15. All three issues will close on October 19.
Sahajanand Medical Technologies has set a price band of Rs. 327 to Rs. 344 per share. The offering comprises 1,38,22,116 shares, aggregating up to Rs. 475 crore.
Zetwerk Manufacturing has fixed its price band at Rs. 143 to Rs. 151 per share. Its offering comprises 33,20,07,155 shares, aggregating up to Rs. 5,012 crore, making it the largest issue among the five listed offerings.
Bonfiglioli Transmissions has set a price band of Rs. 558 to Rs. 586 per share. The IPO comprises 4,32,39,042 shares, aggregating up to Rs. 2,534 crore.
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Investor attention will focus on subscription figures, institutional and retail demand, and the companies’ financial performance. Valuations and business fundamentals will also matter when assessing the offerings.
With five IPOs scheduled within a short period, investors should compare the companies’ growth prospects, financial position, and associated risks before applying. Since the issues have not yet opened, it is too early to conclude investor demand or expected listing gains. Actual performance will become clearer as subscription data emerges and the shares approach listing.
