IPO rush continues: Jio, Zetwerk among cos set to tap primary market in Oct
A dozen companies, including Jio Platforms, Zetwerk Manufacturing Business, and Avaada Electro, are set to tap the primary market in October to raise funds through initial public offerings (IPOs), extending 2026's strong fundraising momentum.
Other companies expected to launch their maiden public offerings this month include Fusion CX, HD Fire Protect, Tonbo Imaging, Bonfiglioli Transmissions, Sahajanand Medical Technologies, Paras Healthcare, NDR InvIT Trust, Gujarat Victory Forgings and SFC Environmental Technologies, according to merchant bankers.
The proposed offerings span sectors such as technology, healthcare, renewable energy, defence and precision manufacturing, reflecting continued interest in businesses with long-term growth prospects.
The companies plan to raise funds through a combination of fresh equity issues and offers for sale (OFS), with proceeds from fresh issues intended to finance business expansion, capital expenditure, debt repayment, working capital ...
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