IPOs Next Week, October 12-16: 2 Mainboard, 2SME Issues To Open; Check Price Band, Lot Size & Listing Dates

Primary market is set for another busy week, with four new IPOs scheduled to open for subscription between October 13 and October 16th. The upcoming IPOs include mainboard issues Fusion CX IPO and HD Fire Protect IPO, along with SME offerings Ravita Engineering Services IPO and Vaibhav Vyapaar IPO.

Together, these four IPOs will bring fresh opportunities for investors looking to participate in the IPO market next week. Fusion CX is a Rs. 702 crore issue, while HD Fire Protect is slightly larger at Rs. 712.31 crore. Ravita Engineering Services and Vaibhav Vyapaar are smaller NSE SME IPOs.

Fusion CX IPO

The Fusion CX IPO is a book-built issue worth Rs. 702 crore. The issue comprises a fresh issue of 1.73 crore shares aggregating to Rs. 500 crore and an offer for sale (OFS) of 69.90 lakh shares worth Rs. 202 crore.

The Fusion CX IPO opens on October 14th and closes on October 16th. The IPO allotment is expected to be finalised on October 19, while the shares are tentatively scheduled to list on the NSE and BSE on October 22.

The Fusion CX IPO price band has been fixed at Rs. 275-Rs. 289 per share. The lot size is 51 shares, meaning a retail investor applying at the upper end would need around Rs. 14,739.

HD Fire Protect IPO

The HD Fire Protect IPO is another major issue opening next week. The IPO has a total size of Rs. 712.31 crore and is entirely an offer for sale.

The issue comprises 2.63 crore shares being offered by existing shareholders.

The HD Fire Protect IPO opens on October 13 and closes on October 15th. Allotment is expected on October 16, with a tentative listing date of October 21 on the NSE and BSE.

The HD Fire Protect IPO price band has been fixed at Rs. 258-Rs. 271 per share. The lot size is 55 shares, requiring a minimum investment of Rs. 14,905 at the upper price band.

Ambit is the book-running lead manager, while MUFG Intime India is the registrar to the issue.

Ravita Engineering Services IPO

The Ravita Engineering Services IPO is an SME issue worth Rs. 116.05 crore. Unlike HD Fire Protect, the IPO is entirely a fresh issue. The company plans to issue 1.04 crore shares through the IPO.

The Ravita Engineering Services IPO opens on October 13 and closes on October 15, 2026. The allotment is expected to be finalised on October 16, while the shares are tentatively scheduled to list on the NSE SME platform on October 21. The IPO price band is Rs. 105-Rs. 112 per share, while the lot size is 1,200 shares.

Based on the upper price band, the minimum retail application cited is 2,400 shares, requiring an investment of Rs. 2,68,800. The minimum HNI application is three lots, or 3,600 shares, amounting to Rs. 4,03,200.

Vaibhav Vyapaar IPO

The Vaibhav Vyapaar IPO is the smallest of the four upcoming IPOs, with an issue size of Rs. 42.10 crore. The issue is entirely a fresh issue of 77.96 lakh shares.

The Vaibhav Vyapaar IPO opens on October 13 and closes on October 15th. The allotment is expected to be completed on October 16, with a tentative listing on the NSE SME platform on October 21. The Vaibhav Vyapaar IPO price band is Rs. 51-Rs. 54 per share. The lot size is 2,000 shares.