India's IPO Landscape as of October 14, 2026
As of October 14, India's primary market is witnessing excitement with four active IPOs: Fusion CX Limited, HD Fire Protect Limited, Ravita Engineering Services Limited, and Vaibhav Vyapaar Limited. These offerings encompass both mainboard and SME segments, each with distinct bidding schedules.
According to the latest data from the National Stock Exchange (NSE), HD Fire Protect leads the pack with a subscription rate of 11.01 times, followed by Ravita Engineering Services at 1.05 times. Fusion CX has a subscription rate of 0.30 times, and Vaibhav Vyapaar stands at 0.43 times. These figures are subject to change as more bids come in.
IPO Subscription Status on 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 |
Key IPO Highlights
- Fusion CX Limited: Launched its IPO on October 14, set to close on October 16, with a price range of ₹275 to ₹289 per share and a total issue size of ₹702 crore. Subscription is currently at 0.30 times.
- HD Fire Protect Limited: Opened on October 13 and will close on October 15, priced between ₹258 to ₹271 per share, with subscription reaching 11.01 times.
- Ravita Engineering Services Limited: This SME issue opened on October 14 and closes on October 16, priced at ₹105 to ₹112 per share, with subscription at 1.05 times.
- Vaibhav Vyapaar Limited: Launched on October 13 and closes on October 15, priced between ₹51 to ₹54 per share, with subscription at 0.43 times.
Investor Guidance
Investors are urged to closely monitor:
- Latest subscription figures and timing.
- Official price band and issue details.
- Company fundamentals, including financial health and business risks.
- Trading risks associated with SME IPOs.
- Allotment and listing schedules.
For up-to-date insights, investors can track demand through the IPO subscription tracker and allotment updates via the IPO allotment status page.
Conclusion
With HD Fire Protect leading in subscriptions at 11.01 times as of October 14, 2026, investors should verify real-time data and official offer documents to make informed decisions. Subscription levels do not guarantee listing performance.
Disclaimer: This article serves informational purposes only and does not constitute investment advice. Always verify details from recognized exchanges and official documents before investing.
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