Four IPOs Currently Available for Subscription in October 2026: Current Status and Closing Dates
As of October 14, 2026, India’s primary market features four active Initial Public Offerings (IPOs): Fusion CX Limited, HD Fire Protect Limited, Ravita Engineering Services Limited, and Vaibhav Vyapaar Limited. These offerings encompass both the mainboard and SME segments, each presenting distinct bidding timelines and subscription levels.
Per the latest bid data snapshot from the National Stock Exchange (NSE), HD Fire Protect Limited boasts the highest subscription rate among the four issues at an impressive 11.01 times, followed by Ravita Engineering Services Limited at 1.05 times. Fusion CX Limited recorded a subscription of 0.30 times, while Vaibhav Vyapaar Limited stands at 0.43 times. It is important to note that these figures correspond to the available snapshot and are subject to modification as bidding progresses.
IPO Subscription Status as of October 14, 2026
| Company | Segment | Opening Date | Closing Date | Subscription |
|---|---|---|---|---|
| Fusion CX Limited | Mainboard | October 14 | October 16 | 0.30x |
| HD Fire Protect Limited | Mainboard | October 13 | October 15 | 11.01x |
| Ravita Engineering Services Limited | SME | October 14 | October 16 | 1.05x |
| Vaibhav Vyapaar Limited | SME | October 13 | October 15 | 0.43x |
The subscription multiple illustrates demand relative to the number of shares offered or allocated, as per the established methodology. Investors are advised to review the timestamp and investor-category breakdown prior to undertaking comparative analysis across different issues.
Fusion CX IPO: Subscription Available Until October 16
Fusion CX Limited launched its public offering on October 14, with the subscription window set to close on October 16, 2026. The announced price band ranges from ₹275 to ₹289 per share, with a total issue size approximating ₹702 crore.
This offering comprises a fresh issue of shares along with an offer for sale from existing shareholders. Proceeds from the fresh issue are earmarked for specific corporate purposes, which include debt settlement as well as investments in business operations and subsidiaries. The subscription figure currently stands at 0.30 times within the provided snapshot.
HD Fire Protect IPO: Subscription Exceeds 11 Times
HD Fire Protect Limited commenced its IPO on October 13, 2026, with the subscription period closing on October 15. The price band is established between ₹258 to ₹271 per share, with an estimated issue size of approximately ₹712.31 crore.
According to the provided bid snapshot from the NSE, the overall subscription has reached a notable 11.01 times. Subscription rates may vary across different investor categories, and the recorded total can fluctuate as the offering remains open. It is essential to understand that robust demand does not inherently assure listing gains or confirm the equity’s fair valuation.
Ravita Engineering Services IPO: SME Offering Achieves 1.05 Times Subscription
Ravita Engineering Services Limited initiated its SME IPO on October 14, with the bidding period concluding on October 16, 2026. The official price band is set between ₹105 and ₹112 per share, with an issue size estimated at around ₹116.05 crore.
The subscription figure provided reflects 1.05 times. Investors considering SME issues should assess the company's financial health, valuation, intended use of proceeds, and prospective trading liquidity in tandem with subscription data.
Vaibhav Vyapaar IPO: SME Subscription Analysis
Vaibhav Vyapaar Limited commenced its SME IPO on October 13, 2026, with the subscription period slated to close on October 15. The price band is outlined between ₹51 to ₹54 per share, with an approximate issue size of ₹42.10 crore.
The reported subscription status indicates a figure of 0.43 times, suggesting that the bids recorded had not yet met the total shares offered as calculated at that moment. The final subscription level may be subject to change prior to the offering’s closure.
Key Considerations for Investors
- Current subscription metrics: Monitor overall and category-specific demand, noting the reporting timestamp.
- Price band and issue dimensions: Confirm the details as presented in the official offer documents.
- Corporate fundamentals: Scrutinize financial performance, valuation metrics, business risks, and the intended application of proceeds.
- Risks associated with SMEs: Assess potential liquidity constraints and the likelihood of price volatility post-listing.
- Allotment and listing timeline: Stay informed on any alterations to critical dates through official updates.
Investors can track ongoing demand via the IPO subscription tracker and access allotment status updates on the IPO allotment status page.
Conclusion
As of October 14, 2026, four IPOs remain active in the Indian market. The current subscription snapshot indicates that HD Fire Protect Limited leads with an impressive 11.01 times, followed by Ravita Engineering Services Limited at 1.05 times, while Fusion CX Limited and Vaibhav Vyapaar Limited remain below full subscription levels.
These figures provide a momentary glimpse into bidding activity. Investors are encouraged to verify the latest exchange data and review official offer documents prior to making investment decisions. Subscription levels alone are insufficient to forecast listing performance or projected returns.
Disclaimer: This article serves informational and educational purposes solely and does not constitute investment advice or a recommendation to engage in any IPO. Subscription data is time-sensitive and reflects the indicated snapshot. Investors should independently verify all issue details with recognised exchanges, official offer documents, and pertinent intermediaries prior to investing.