# IPO-bound companies defer launches to avoid Jio mega issue — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-10-23 00:17 ingested 2026-10-23 02:56

[original source ↗](https://economictimes.indiatimes.com/markets/ipos/fpos/ipo-bound-companies-defer-launches-to-avoid-jio-mega-issue/articleshow/135130261.cms)

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Jio Platforms' IPO is open for subscription from October 21 to 23. Paras Healthcare's ₹1,450-crore offering is the only other issue currently open. Excluding Jio Platforms, nine IPOs have hit the market so far in October, raising about ₹12,000 crore. In comparison, 23 IPOs raised ₹22,453 crore in August, while 34 issues mobilised ₹39,381 crore in September.
Several companies have instead lined up their offerings for the period after Jio's issue closes.
Read more: Record galore! Jio IPO claims crown for highest QIB demand among India’s 5 largest issues, edges past NSE
November is expected to witness a pickup in primary market activity, with around 15 IPOs lined up to raise a combined ₹28,000 crore. Milestone Gears, Avaada Electro, M K Sons Fine Jewels, Swara Baby Products, Integris Medtech, AGS Health, Learnfluence Education, Eastman Auto & Power, Veritas Finance and Virupaksha are among the companies expected to launch offerings next month.
"A large IPO such as Jio Platforms does always have some impact on other companies approaching the primary market," said Prashant Gupta, partner and national practice head-capital markets at Shardul Amarchand Mangaldas & Co. Gupta said, however, the pipeline for qualified institutional placements (QIPs) remains fairly robust.
Read more: Jio leverage play pops up at SBI as India brokers lure IPO bets
Several companies also chose to complete their IPOs before Jio's offering opened. Zetwerk Manufacturing Businesses was the largest among the nine October launches, with an issue size of ₹5,012 crore. The IPO was subscribed 3.06 times during its October 15-19 subscription period.
Other offerings launched earlier this month included Fusion CX's ₹702-crore issue, Tonbo Imaging India's ₹852-crore IPO and more.
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