Eswari Global Metal Industries has received regulatory approval for a proposed IPO featuring a fresh issue of shares worth up to Rs.500 crore, according to IPO-market updates on October 15.
Eswari Global Metal Industries has received regulatory approval for a proposed IPO featuring a fresh issue of shares worth up to Rs.500 crore, according to IPO-market updates on October 15.
The Securities and Exchange Board of India is reportedly considering changes to the framework governing small and medium enterprise (SME) IPOs. The proposals include a possible minimum-profit requirement and changes to market-making arrangements, aimed at strengthening eligibility standards and investor protection.
Shellz India is listed among the SME IPOs expected to open during the week beginning October 12. Market trackers have reported an indicative price band of Rs.170–179 per share and an expected opening date of October 15, 2026.
Ravita Engineering Services Ltd. opened its SME initial public offering on October 14, 2026. The issue is scheduled to remain open until October 16, with a price band of Rs.105–112 per share. The company is seeking to raise approximately Rs.116.05 crore through a fresh issue of 1.04 crore shares.
Soleos Energy Ltd. filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India on October 13, beginning the formal process for a proposed IPO. The draft outlines a fresh issue of up to 1.10 crore shares and an offer for sale of up to 90 lakh shares.
HD Fire Protect Ltd. opened its initial public offering for subscription on Tuesday, October 13. The company has set a price band of Rs.258–271 per share for the issue, which is scheduled to close on October 15, 2026. The total issue size is approximately Rs.712.31 crore.
Tonbo Imaging India, a Bengaluru-based defence electronics company, has fixed its IPO price band at Rs.665–700 per share. The issue is scheduled to open on October 15 and close on October 19, 2026, with the company targeting a valuation of approximately Rs.4,010 crore at the upper end of the price band.
Fusion CX Ltd. has fixed a price band of Rs.275–289 per share for its proposed initial public offering. The issue is expected to raise ~ Rs.702 crore, with the company’s post-issue market capitalisation estimated at more than Rs.4,170 crore at the upper end of the price band.
Bonfiglioli Transmissions is also listed among the mainboard companies expected to launch an IPO this week. Its business is associated with industrial transmission and drive solutions, which serve equipment and machinery applications.
Sahajanand Medical Technologies is another company reported to be part of this week’s IPO pipeline. The company operates in medical technology, including devices used in healthcare and interventional procedures.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
