IPO Update: IPO Roundup 30 Oct: Four Issues Open Today, Tonbo Imaging Lists at +66% | 30 Oct 2026, 10:00 AM IST

The primary market remains exceptionally active as we close out October, with four new initial public offerings opening their doors to investors today. Amidst this busy period, the standout performance remains Tonbo Imaging India Ltd., which recently debuted with a substantial +66.00% gain, setting a high bar for recent listings.

The 60-Second Version

• Four new companies, Maxwell Engineering, Vectras Enprocon, Johnsoncab Electricals, and HGS (India), begin their subscription cycles today.
• Tonbo Imaging India Ltd. recorded the highest recent listing gain at +66.00%.
• Retail investors should note that minimum investment amounts vary significantly, ranging from under ₹10,000 to over ₹2.8 lakh per lot.
• The current subscription window for several issues extends through early November, providing time for due diligence.

Open Now

Today marks the start of subscription for four major issues. Maxwell Engineering Solutions Ltd. is priced at ₹158 with a lot size of 1600, requiring a minimum investment of ₹2,52,800. Vectras Enprocon Ltd. enters the market at ₹105 per share, with a 2400-share lot size totaling ₹2,52,000. Johnsoncab Electricals Ltd. lists at ₹200 per share, requiring ₹2,40,000 for a 1200-share lot, while HGS (India) Ltd. is priced at ₹120 with a 2400-share lot, totaling ₹2,88,000. Additionally, Bombay Coated And Special Steels Ltd. and Antala Industries Ltd. remain open for subscription until November 2.

Just Listed

Recent market debuts have shown mixed results. While Tonbo Imaging India Ltd. provided a gain of +66.00%, others like Shellz India Ltd. and Bonfiglioli Transmissions Ltd. listed at their issue prices, resulting in a 0.00% change. Jio Platforms Ltd. also performed strongly, listing with a +21.36% gain, translating to a per-lot profit of ₹2,868.

Coming Up

The pipeline remains robust as we move into November. Vedant Poly Fabs Ltd. is expected to open on November 2, with an issue price of ₹94 and a minimum investment of ₹2,25,600. Investors should monitor the upcoming dates for these issues carefully to align with their financial planning.

How to Read These Numbers

Understanding the IPO process is vital for new investors. The issue price is the cost per share, while the lot size represents the minimum number of shares you must purchase. The listing gain is the difference between the issue price and the price at which the stock begins trading on the exchange, reflecting the immediate market sentiment toward the company.

The Pipeline

With four issues opening today, two continuing their subscription, and several others in the immediate pipeline, the market is currently experiencing a high volume of activity. Investors are tracking the dates between October 28 and November 4 closely as these windows define the opportunity to participate in the primary market. The current pipeline features a diverse range of companies across multiple sectors, reflecting a busy period for the Indian primary market.