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IPO GMP: Bonfiglioli vs Tonbo vs Sahajanand Medical vs Zetwerk — Dates, Price Bands and Key Details

The four IPO calendars show a 15–19 October 2026 offer window and 23 October expected listing. Compare reported terms and timestamped GMP caveats.
From TheFinanceBase Team2 min to read
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Four Indian mainboard IPO calendars show Bonfiglioli Transmissions, Tonbo Imaging, Sahajanand Medical Technologies and Zetwerk Manufacturing Business opening from 15 to 19 October 2026, with an expected listing date of 23 October. The calendar’s GMP snapshots range from ₹22 for Zetwerk to ₹390 for Tonbo, but a separate tracker result put Tonbo at ₹285. These are unofficial, time-sensitive figures—not exchange prices or promised listing gains.

IPO dates and key details at a glance

India IPO’s calendar, accessed on 13 October 2026, lists each offer as a mainboard IPO for BSE and NSE, with an offer window of 15–19 October and an expected listing on 23 October. The values below are secondary-source calendar figures, not a substitute for each issuer’s final offer documents.

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Issuer Offer window Expected listing Reported price band Reported issue size Minimum lot Exchange GMP snapshot
Bonfiglioli Transmissions Ltd. 15–19 October 2026 23 October 2026 ₹558–584 ₹2,534 crore 25 shares BSE and NSE ₹175
Tonbo Imaging India Ltd. 15–19 October 2026 23 October 2026 ₹665–700 ₹852 crore 21 shares BSE and NSE ₹390
Sahajanand Medical Technologies Ltd. 15–19 October 2026 23 October 2026 ₹327–344 ₹475 crore 43 shares BSE and NSE ₹40
Zetwerk Manufacturing Business Ltd. 15–19 October 2026 23 October 2026 ₹143–151 ₹5,012 crore 99 shares BSE and NSE ₹22

Source for all table values and the 13 October 2026 capture date: India IPO calendar. Dates and terms can change; verify them against the issuer’s final prospectus or price-band notice before applying.

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Bonfiglioli’s price band needs confirmation

The calendar reports a ₹558–584 band and ₹2,534 crore issue size. Prudent’s forthcoming-issues page instead reports a ₹558–586 band and an issue-size range of ₹2,412.74–2,533.81 crore. These secondary listings differ, so do not treat either as definitive: confirm Bonfiglioli’s final RHP or price-band notice. Prudent forthcoming issues.

What the GMP figures do—and do not—mean

GMP means grey-market premium: a reported premium or discount in unofficial trading outside the exchange. It is not an official IPO price, an exchange quote, or a guaranteed return. A tracker distinguishes its GMP-derived estimated price from actual listing and listing-day closing prices; the estimate should not be presented as the price at which shares will list. India IPO GMP tracker.

Tonbo’s snapshots conflict

The 13 October calendar snapshot lists Tonbo’s GMP at ₹390, while a separate India IPO tracker result reported ₹285. That gap illustrates why a GMP figure must be tied to its source and capture time; it is not safe to label either value simply as the latest without checking again. The calendar’s other snapshots on 13 October were ₹175 for Bonfiglioli, ₹40 for Sahajanand Medical and ₹22 for Zetwerk.

Do not rank IPOs by GMP alone

Tonbo has the highest GMP in the calendar snapshot, but that does not establish that it is the strongest investment. The figures here do not provide company valuations, fundamentals or a risk-adjusted comparison. Assess the offer documents and your own risk tolerance separately from any unofficial premium.

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Filing status shown by SEBI

SEBI’s public-issues listing includes a Tonbo Imaging India Limited RHP entry dated 12 October 2026 and a Sahajanand Medical Technologies Limited RHP entry dated 10 October 2026. The cited listing does not independently establish filing dates for Bonfiglioli or Zetwerk. SEBI public-issues listing.

What to verify before applying

  • Check the final RHP or price-band notice for the confirmed band, issue size and offer dates, particularly for Bonfiglioli.
  • Use the exchange and issuer’s official offer documents for settled terms rather than relying on a secondary calendar.
  • If you consult GMP, note the source and the time it was captured; unofficial readings can differ and change.
  • Keep an estimated GMP-based price separate from an actual listing price, and do not treat either as a promised investment outcome.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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