Market News & Updates
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23 Oct 2026
Core4 Engineers SME IPO opens today: Check price band and other key details
Core4 Engineers’ Rs 54.82 crore SME IPO opens on October 23, 2026, and closes on October 27. Priced at Rs 88–93 per share, proceeds will fund working capital, facility acquisition, and corporate purposes. The company reported FY26 revenue of Rs 92 crore and profit of Rs 2 crore, reflecting strong annual growth.
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Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth prospects that cover cloud services and enterprise solutions beyond telecommunications.
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Jio Platforms IPO subscribed 5.57 times on day 2 on strong interest
The Jio Platforms initial public offering has ignited substantial investor interest, achieving a remarkable 5.57 times subscription on the second day alone. Fully subscribed by retail investors, this reflects a strong demand, while institutional bidders have led the pack with a striking 13.29 times subscription rate. Proceeds from the IPO will support the repayment of debts and various corporate initiatives, remaining open for subscriptions until Friday.
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IPO-bound companies defer launches to avoid Jio mega issue
The anticipated IPO of Jio Platforms is set to reshape the primary market, prompting several firms to defer their upcoming launches to sidestep investor competition. While only Paras Healthcare's offering is currently active, nine other IPOs managed to secure funding in October. Post-Jio's close in late October, November is expected to witness a flurry of activity, with around 15 IPOs lined up for that month.
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