IPOs This Week: Five New Public Issues to Open This Week, Taking October Fundraising Past ₹45,000 Crore

After a brief lull in the primary market, India’s IPO street is once again buzzing with activity. As October draws to a close, investors are gearing up for a busy week ahead with five new initial public offerings (IPOs) hitting the market — all set to collectively push the month’s total fundraising tally beyond ₹45,000 crore.

The week starting October 27 marks a fresh chapter of listing enthusiasm, with participation spanning across household consumer brands, high-growth startups, and niche SMEs. From the famed MTR Foods’ parent company to homegrown consumer-tech giant Lenskart, and even smaller players like Jayesh Logistics and Game Changers Texfab — the IPO calendar is packed and promising.

Orkla India: A Spice Giant Steps Into the Public Market

Leading the charge is Orkla India, a company that has been part of Indian kitchens for decades through its popular brands MTR Foods, Eastern Condiments, and Rasoi Magic. Backed by its Norway-based parent Orkla ASA, the Bengaluru-headquartered firm is now ready to make its stock market debut with an IPO that opens for bidding from October 29 to 31.

Priced in a band of ₹695–730 per share, the issue aims to raise ₹1,667.5 crore, but interestingly, it will be a complete offer-for-sale (OFS) — meaning that all proceeds will go to the selling shareholders, not the company itself.
The promoters — Orkla Asia Pacific, along with Navas Meeran and Feroz Meeran — will offload around 2.28 crore shares.

At the upper price band, Orkla India’s valuation is pegged around ₹10,000 crore, reflecting the market’s confidence in India’s booming packaged food and spices segment. With Indian households increasingly turning toward ready-to-cook meals and branded spices, Orkla India’s listing is expected to garner strong investor interest.

Consumer-Tech Heavyweights Join the Party: Lenskart and Studds Accessories

While Orkla brings the flavor of Indian kitchens, the IPO frenzy continues in other consumer-focused sectors. Two big names — Lenskart Solutions and Studds Accessories — are also entering the market around the same time.

Studds Accessories, the well-known helmet maker, will open its issue from October 30 to November 3. The IPO comprises 77.86 lakh shares, all under the offer-for-sale route. For a company that has long dominated India’s two-wheeler safety gear space, this listing will mark a key milestone as it aims to strengthen its brand and investor base.

Following closely behind is Lenskart, India’s eyewear unicorn that needs no introduction. Its IPO, scheduled between October 31 and November 4, could easily become one of the biggest public issues of the year.
The company plans to issue fresh shares worth ₹2,150 crore, alongside an OFS of 12.75 crore equity shares by existing promoters and investors.

Market watchers estimate that Lenskart’s IPO size could touch ₹7,278 crore, based on a valuation of around ₹72,719 crore — if the issue price aligns with the recent benchmark of ₹402 per share. Interestingly, that price point gained attention recently when ace investor Radhakishan Damani purchased a small pre-IPO stake of 0.13% in the company.

This offering is being viewed as a litmus test for India’s growing appetite for new-age consumer tech stocks — especially after a series of successful listings in 2024.

SME Buzz: Jayesh Logistics and Game Changers Texfab Step In

The IPO wave isn’t limited to big-ticket players. The SME segment too is witnessing vibrant activity, with Jayesh Logistics and Game Changers Texfab joining the lineup.

First up is Jayesh Logistics, a logistics solutions provider that will launch its IPO on October 27 and close it on October 29. The company is aiming to raise ₹28.63 crore through a fresh issue of 23.47 lakh shares priced between ₹116–122 per share.

The funds will be deployed toward purchasing side wall trailers, meeting working capital needs, implementing Phase 2 of its Smart Logistics Application, and other general corporate purposes.
For a company valued just above ₹100 crore, this IPO represents a crucial opportunity to expand its fleet and enhance operational efficiency in India’s fast-evolving logistics landscape.

Next in line is Game Changers Texfab, a New Delhi-based fabric supplier catering to garment manufacturers, designers, and export houses. Its ₹55-crore IPO — opening October 28 to 30 — will be entirely a fresh issue of 53.76 lakh shares, priced between ₹96–102 per share.

Proceeds from the issue will be utilized for capital expenditure, working capital, and general corporate needs. With India’s textile and garment sector witnessing a rebound, the company’s listing will be closely watched by investors tracking the SME fabric supply chain.

October IPO Fever: Over ₹45,000 Crore and Counting

The five new listings add to what has already been an extraordinary month for India’s primary market. So far, 10 IPOs have gone live in October, including seven major mainboard issues worth ₹35,791 crore.

The standout names include Tata Capital, which raised a massive ₹15,512 crore, and LG Electronics, which brought in ₹11,607 crore.

With these five upcoming offerings, the month’s total fundraising is set to surpass ₹45,000 crore across 15 IPOs — a clear signal that India’s IPO market is regaining momentum and investor confidence after a brief slowdown.

The October IPO spree underscores more than just capital inflows — it reflects renewed investor enthusiasm and market depth. From traditional FMCG companies and consumer-tech unicorns to emerging SME innovators, the diversity of listings shows how India’s growth story is now unfolding across segments.

As investors line up to grab a slice of these new opportunities, the final week of October could very well go down as one of the most vibrant phases in India’s IPO calendar this year.