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Subscription Updates and Grey Market Premiums for Four IPOs Closing October 19, 2026

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Subscription Updates and Grey Market Premiums for Four IPOs Closing October 19, 2026

Analysed 19 Oct 2026·7 sources analysed·India·Business
Subscription Updates and Grey Market Premiums for Four IPOs Closing October 19, 2026PreviousNext

Four IPOs—Tonbo Imaging India, Bonfiglioli Transmissions, Sahajanand Medical Technologies, and Zetwerk Manufacturing Business—are concluding their subscription period on October 19, 2026. Tonbo Imaging leads with over 10 times subscription and a grey market premium (GMP) around 74-75%, indicating strong investor interest. Bonfiglioli Transmissions shows nearly 2 times subscription with a GMP near 22%. Sahajanand Medical Technologies and Zetwerk have moderate subscriptions of 82% and 47%, with GMPs of 7% and 3%, respectively. All IPOs are primarily offers for sale, with listing expected on October 23.

Sentiment
53%
TBN's observations

First-hand measurement across 4 sources

We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (53/100). Lens Score 41/100.

Outlets measured: economictimes, economictimes, economictimes, mint. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 4 sources · Published under editorial oversight by The Balanced News
Analysed 19 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (53/100)

Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

mint broke this story on 18 Oct, 11:20 am. Other outlets followed.

18 Oct, 11:20 am4 sources · 17 h19 Oct, 04:24 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    mint18 Oct, 11:20 am
    IPO GMP race: Zetwerk vs Sahajanand vs Bonfiglioli Transmissions vs Tonbo Imaging - check share listing price prediction Stock Market News
  2. 2
    economictimes19 Oct, 03:31 am
    Tonbo Imaging India IPO Day 3: GMP at 74 , issue subscribed over 7x. Check key details
  3. 3
    economictimes19 Oct, 04:24 am
    Bonfiglioli Transmissions IPO Day 3: GMP at 22 , issue subscribed 99 ; Should you apply?
  4. 4
    economictimes19 Oct, 04:24 am
    Sahajanand Medical Technologies IPO Day 3: GMP at 7 ; check subscription status and key details

Who's involved

Institutions and figures named across source coverage.

Corporate
KFin TechnologiesBonfiglioli S.p.A.JM FinancialIIFL Capital ServicesTonbo Imaging India Limited

Story context

Category
Business
Location
India
Sources analysed
7
Last analysed
19 Oct 2026
Key entities
Grey marketInitial public offeringCroreIndian rupeeIndiaGross metropolitan productNational Stock Exchange of IndiaShareholderInvestorCommon stockBombay Stock ExchangeLakh