Stories
Jio Platforms and Zetwerk Lead Dozen IPOs Slated for October
- •A dozen companies including Jio Platforms, Zetwerk Manufacturing Business, and Avaada Electro are set to launch their IPOs in October to raise funds.
- •The upcoming public offerings span diverse sectors such as technology, healthcare, renewable energy, defence, and precision manufacturing.
- •Jio Platforms is scheduled to open its massive IPO on October 21 and close it on October 23, while Zetwerk plans to raise around Rs 5,000 crore.
- •Indian companies have already raised over Rs 1.1 lakh crore through 96 IPOs in 2026, driven by strong domestic liquidity and institutional demand.
Key Questions Answered
Jio Platforms is scheduled to open its initial public offering for subscription on October 21 and close it on October 23. The anchor book is expected to open on October 19, and the shares are likely to be listed on October 28, subject to market conditions.
Zetwerk is planning to raise around Rs 5,000 crore (or up to $525 million) through its initial public offering. The proposed issue comprises a fresh issue of Rs 2,600 crore and an offer for sale (OFS) of up to 9.68 crore equity shares by existing shareholders.
The upcoming public offerings in October span sectors such as technology, healthcare, renewable energy, defence, and precision manufacturing. This reflects continued investor interest in businesses with strong long-term growth prospects and capital efficiency.
