IPO Update: 16 October: Seven Issues Open, Sollfege Lists at +89.8% | 16 Oct 2026, 10:00 AM IST
By ThePip Desk•

Key Highlights
Seven IPOs are currently open for subscription on the NSE and BSE. Sollfege Smart Electronics leads recent listings with a gain of 89.82% for investors.
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As of 16 October 2026, investors have seven active issues to evaluate. The subscription windows for these companies vary, with some closing today.
| Company | Issue Price | Closes | |
|---|---|---|---|
| Tonbo Imaging India Ltd. | ₹700 | ₹14,700 | 19 Oct |
| Zetwerk Manufacturing Businesses Ltd. | ₹151 | ₹14,949 | 19 Oct |
| Sahajanand Medical Technologies Ltd. | ₹344 | ₹14,792 | 19 Oct |
| Shellz India Ltd. | ₹179 | ₹2,86,400 | 19 Oct |
| Bonfiglioli Transmissions Ltd. | ₹586 | ₹14,650 | 19 Oct |
| Ravita Engineering Services Ltd. | ₹112 | ₹2,68,800 | 16 Oct |
| Fusion CX Ltd. | ₹289 | ₹14,739 | 16 Oct |
Recent Listings
The primary market has seen significant volatility over the past week. Sollfege Smart Electronics provided a notable return, while others like TNA Solutions faced downward pressure upon debut.
| Company | Issue Price | Listing Price | Gain/Loss |
|---|---|---|---|
| Sollfege Smart Electronics | ₹55 | ₹104.4 | +89.82% |
| SJP Ultrasonics | ₹67 | ₹74.2 | +10.75% |
| Nityas Gems And Jewellery | ₹75 | ₹82 | +9.33% |
| Omara Ventures India | ₹311 | ₹319 | +2.57% |
| Dove Soft | ₹110 | ₹110.3 | +0.27% |
| Vishal Nirmiti | ₹220 | ₹215 | −2.27% |
| Paramount Syntex | ₹127 | ₹115 | −9.45% |
| TNA Solutions | ₹70 | ₹56 | −20.00% |
| RK Fashion Accessories | ₹82 | Listing price awaited | N/A |
| Eventions | ₹118 | Listing price awaited | N/A |
Upcoming IPOs
The pipeline remains active with two major listings expected to open for subscription starting 21 October 2026.
| Company | Issue Price | Min. Investment |
|---|---|---|
| Jio Platforms Ltd. | ₹1119 | ₹13,428 |
| Paras Healthcare Ltd. | ₹693 | ₹14,553 |