The short week starting October 19 (including holidays) may not see a flood of IPOs, but the primary market will see a lot of activity. During this period, only two IPOs are going to open, and both belong to the mainboard segment. However, all eyes will be on the much-awaited IPO of billionaire Mukesh Ambani’s Reliance Industries’ technology platform ‘Jio Platforms’ (JPL). These two mainboard IPOs raised a total of Rs. 31,637.6 crore is expected to be collected. At the same time, no new IPOs will open in the Small and Medium Enterprise (SME) segment next week.

Jio IPO

1. Of these two, Jio Platforms (JPL), the parent company of telecom operator Reliance Jio Infocomm, will be the most talked about. The company through its first public offering (IPO) raised Rs. 30,187.6 crore is planned to be raised. In which per share given to employees Rs. A discount of 54 has also been considered. A total of 27 crore new equity shares will be issued in this issue, making it the largest IPO in India’s equity market in terms of issue size.
2. Ahead of the IPO of the Jio platform, Hyundai Motor India in 2024 will invest Rs. 27,859 crore IPO was the largest public issue in the country. After this, in 2026 the National Stock Exchange’s Rs. 22,563 crore offer and in 2022 Life Insurance Corporation of India (LIC) Rs. 20,557 crore IPO. The ‘anchor book’ of the Jio platform IPO will open for one day on October 19, with around Rs. 0 crore 8,00 crore is expected to be collected.
3. The company has offered ‘Qualified Institutional Buyers’ (QIBs) Rs. 27,187.6 crore net public issue size of 50 per cent reserved (this does not include the portion reserved for employees and shareholders of Reliance Industries). Apart from this, 15 per cent share is reserved for ‘Non-Institutional Investors’ (NII) and the remaining 35 per cent share is reserved for retail investors. Of the QIB portion, 60 per cent can be allocated to anchor investors, 33.33 per cent to domestic mutual funds and the remaining 6.67 per cent to life insurance companies and pension funds.
4. Jio Platforms offers its employees Rs. 500 crore and to the shareholders of its parent company Reliance Industries Rs. 2,500 crore shares have been reserved. per share to eligible employees at the final offer price of Rs. 54 will get a discount. The IPO of Jio Platforms, which is about Rs. Targeting a valuation of Rs 10.3 lakh crore, it will open for public subscription on October 21 and close on October 23. For this, the price band per share is Rs. 1,0651,119 has been fixed.
5. Investors can bid for a minimum of 12 equity shares and then apply for shares in multiples of 12. At the upper end of the price band, the minimum investment for retail investors in a lot of 12 shares is Rs. 13,428 will be. Maximum investment for 14 lots (total 168 shares) is Rs. 1,87,992 will be.
6. Jio Platforms – whose other listed companies in the telecom sector include Bharti Airtel and Vodafone Idea – raised Rs 10,000 from the IPO to pay off the debt of its main subsidiary, Reliance Jio Infocomm. 27,500 crore (excluding issue costs). A total of Rs. 29,917.1 crore loans were outstanding. The remaining amount will be used for general corporate purposes.
7. At the press conference of the company’s IPO last Thursday, Chairman Akash Ambani said that the Jio platform is moving towards a ‘net-debt-free’ (totally debt-free) status, and the proceeds from the IPO will be used to reduce debt. This debt repayment is expected to strengthen the telecom and digital services company’s balance sheet, as the company now enters the next phase of its growth.

Paras Healthcare IPO

Meanwhile, Gurugram-based hospital chain ‘Paras Healthcare’ will be the second mainboard IPO this week, with a subscription schedule similar to the Jio platforms. Dr. The company, founded by Dharminder Kumar Nagar, is trading at Rs. 660693 at the upper end of the price band at Rs. 1,450 crore planned to be raised. In this IPO Rs. 500 crore new shares (fresh issue) will be issued. Apart from this, promoter Dharminder Kumar Nagar and investor ‘Comelina’ raised Rs. 650 crore shares will be sold (Offer for Sale – OFS). As of June 2026, Paras Healthcare operates a chain of eight hospitals in North India, Bihar and Jharkhand with a total capacity of 2,211 beds. The company raised Rs. 375 crore will be used to repay debt, while the remaining amount will be used for general corporate purposes. The stock market will be closed on October 20 due to Dussehra.

The IPO will close next week

Meanwhile, four mainboard IPOs—Jetwork Manufacturing Business, Sahajanand Medical Technologies, Bonfiglioli Transmission and Tombo Imaging India—are slated to close on October 19. In the SME segment, Shell India’s IPO will also close on the same day. According to the latest subscription data, Jetwork’s manufacturing business at Rs. 5,012 crore IPO received 31 per cent subscription, while Bonfiglioli Transmission’s Rs. 2,534 crore issue received 99 per cent subscription. Tombo Imaging India Rs. 852 crore IPO received bids of 7.78 times the shares offered, while Sahajanand Medical Technology’s Rs. 475 crore issue received 82 per cent subscription. Shell India Rs. 60 crore IPO received 91 percent subscription.

9 listings next week

HD Fire Protect, a fire protection equipment and systems manufacturer, and Fusion CX, a customer experience and business process solutions company, are set to list on the stock market on October 21 and October 22, respectively. This will be followed by the listing of Jetwork manufacturing business, Sahajanand Medical Technologies, Bonfiglioli Transmission and Tombo Imaging India, all of which will hit the market on October 23. In the SME segment, Vaibhav Vyapar and Ravita Engineering Services will be listed on the NSE Emerge platform on October 21 and October 21, respectively. Shares of Shells India are scheduled to start trading on the BSE SME platform from October 23.