In the week beginning Monday, 12 December, five companies are preparing to raise around ₹1,600 crore from the market through IPOs. In addition, one company will be listed. 1. HD Fire Protect: ₹712 crore IPO, entirely an offer for sale Date: The IPO will open on 13 October and close on 15 October. Price band: The price band is ₹258 to ₹271 per share. The lot size is 55 shares. Issue size: The entire ₹712 crore issue is an offer for sale. Listing: The stock is expected to be listed on 21 October. Exports to more than 90 countries; profit reaches ₹116.79 crore Founded in 1997, HD Fire Protect manufactures and supplies firefighting and safety-related equipment and systems. Its products include sprinklers, alarm valves, deluge valves, foam systems, monitors, nozzles, custom-engineered systems and gas separation systems. The company provides its services to the oil and gas, refining, petrochemicals, power, heavy engineering, aerospace, pharmaceuticals, data centres, hospitality and healthcare sectors. It exports to more than 90 countries and has two manufacturing plants in Maharashtra. The company’s revenue rose from ₹372.95 crore in financial year 2024 to ₹489.28 crore in financial year 2026. Its profit stood at ₹116.79 crore in 2026, compared with ₹109.72 crore a year earlier. 2. Fusion CX: ₹702 crore IPO, a mix of fresh shares and OFS Date: The IPO will open on 14 October and close on 16 October. Price band: It has been fixed at ₹275 to ₹289 per share. The lot size is 51 shares. Issue size: The total issue size is ₹702 crore. This includes the issue of fresh shares worth ₹500 crore, while the offer for sale (OFS) will be worth ₹202 crore. Listing: The shares are expected to be listed on 22 October. 40 delivery centres in 13 countries, profit doubles to ₹170 crore Fusion CX is a company that provides customer experience and business process solutions. It offers customer support through voice, email, chat, social media and messaging. The company also provides services such as data collection, image and video labelling, and robotic teleoperations. As of June 2026, the company had 40 delivery centres in 13 countries. Its clients include 22 Fortune 1000 companies. The company operates in sectors such as telecoms, healthcare, travel, BFSI and retail. 3. Sahajanand Medical Technologies: Offer for sale of 2.76 crore shares Date: This IPO will open on 15 October and close on 19 October. Price band: The price band has not yet been announced. Issue size: The entire issue is an offer for sale (OFS) of 2.76 crore shares. Listing: The allotment of shares is expected on 21 October, with listing scheduled for 23 October. Company’s products are used in more than 76 countries Sahajanand Medical Technologies (SMT), established in 2001, manufactures medical devices for vascular and cardiac interventions. Its portfolio includes coronary stents, balloons, renal stents and peripheral drug-coated balloons. Its products are used in more than 76 countries. Besides the mainboard, two companies are also launching IPOs on the SME platform this week… 4. Ravita Engineering Services: ₹116 crore IPO, new shares to be issued Dates: The IPO will open on 13 October and close on 15 October. Price band: It has been fixed at ₹105 to ₹112 per share. Minimum investment: The minimum lot size for retail investors is 2,400 shares (two lots). At the upper price band, this will require a minimum investment of ₹2,68,800. Issue size: This is entirely a fresh issue worth ₹116.05 crore, comprising 1.04 crore shares. No shares are being sold through an offer for sale (OFS), which means the entire proceeds will go directly to the company. Listing: The shares are expected to be listed on the NSE SME platform on 21 October. The company also provides OM services Established in December 2007, Ravita Engineering Services Limited is an engineering solutions company. Along with projects developed by the company, it also provides operations and maintenance (OM) services for systems installed by third-party companies. The company primarily operates across three sectors: Onshore: Commercial buildings, hospitality, corporate and industrial units. Offshore: Oil rigs, marine platforms and other offshore marine installations. Data centres: Specialised cooling and airflow systems for data centres. 5. Vaibhav Vyapar: ₹42.10 Crore SME IPO Dates: The IPO will open on 13 October and close on 15 October. Price band: The company has set the price band at ₹51 to ₹54 per share. Minimum investment: The minimum lot size for retail investors is 4,000 shares (2 lots). At the upper price band, retail investors will have to invest a minimum of ₹2,16,000. Issue size: This is entirely a ₹42.10 crore fresh issue. There is no offer-for-sale (OFS) component, meaning the entire amount raised through the IPO will go directly to the company. Allotment and listing: The allotment of shares will be finalised on 16 October. The shares are then expected to be listed on the NSE SME platform on 21 October. The company provides digital lending through the Loan Front app Vaibhav Vyapar Limited, established in February 2009, is an NBFC, or non-banking financial company. The company provides personal loans through its mobile app, Loan Front. Its main focus is on first-time borrowers in urban and semi-urban areas of India.