IPO Guru
IPO Guru
IPO Reviews & Analysis · 1 Sep 2026

IPO reviews & analysis,
before you Apply.

We review every Mainboard and SME IPO in India — the financials, strengths and risks — alongside live GMP and Subscription. Independent analysis that helps first-time investors understand an IPO before they apply.

12
Open now
4
Closing today
2
Allotment today
5
Listing today
Best IPO Now
1 / 3
ESDS Software Solution logo
ESDS Software Solution
MAINBOARD Open · closes 1 Sep
GMP
₹316 +73.7%
Subscription
QIB 0.72x
NII 69.73x
Retail 18.68x
GMP trend ▲+₹26
Strong subscription demand across categories Read full review →
Deepa Jewellers logo
Deepa Jewellers
MAINBOARD Open · closes 3 Sep
GMP
₹55 +31.1%
Subscription
QIB —
NII —
Retail —
GMP trend ▲+₹43
Trading at a grey-market premium Read full review →
Priority Jewels logo
Priority Jewels
MAINBOARD Open · closes 1 Sep
GMP
₹45 +22.5%
Subscription
QIB 1.68x
NII 42.32x
Retail 38.96x
GMP trend ▲+₹27
Strong subscription demand across categories Read full review →

Open now — who's bidding?

Live GMP and who's actually bidding. Watch QIB (institutions) — strong QIB demand is the clearest sign an IPO is in real demand.

All live subscription →
Strong demand Awaiting data Weak demand
MAINBOARD STRONG
Priority Jewels
₹190-200 · Lot 75
GMP
₹45+22.5%
Subscribed
29.03x
QIB
1.68x
NII
42.32x
Retail
38.96x
Last day today View details →
MAINBOARD MODERATE
ESDS Software Solution
₹408-429 · Lot 34
GMP
₹316+73.7%
Subscribed
24.49x
QIB
0.72x
NII
69.73x
Retail
18.68x
Last day today View details →
SME WEAK
Complete Sports & Management India
₹128-135 · Lot 1000
GMP
No GMP
Subscribed
0.33x
QIB
0.35x
NII
0.55x
Retail
0.19x
Last day today View details →
SME STRONG
Paluck Technologies
₹46-48 · Lot 3000
GMP
₹35+72.9%
Subscribed
31.90x
QIB
10.62x
NII
26.07x
Retail
47.45x
Last day today View details →
Allotment status

Did you get the shares?

Enter your PAN to check across BSE, NSE & registrars (KFintech, MUFG Intime).

Next basis of allotment — Lumino Industries, 1 Sep
Did GMP get it right?

GMP vs actual listing — the last 8 debuts.

We track our grey-market signal against actual listing-day results so you can judge how much to trust it.

All listings →
CompanyGMP signalListed at
Augmont Enterprises MAIN +36.8% → ▲ 22.0%
Tempsens Instruments (India) MAIN +110.0% → ▲ 111.3%
Gaja Alternative Asset Management MAIN +11.6% → ▲ 15.6%
Mopshop Distribution SME +0.7% → ▼ 0.7%
Dhanwel Hybrid Seeds SME +1.0% → ▲ 0.0%
Sunshine Pictures MAIN +13.9% → ▲ 10.0%
Shankesh Jewellers MAIN +3.0% → ▲ 11.1%
Horizon Industrial Parks MAIN +2.5% → ▲ 0.4%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Nirmal Bang Nirmal Bang 23 Reliable Analyst 76 2 Canara Bank Securities Canara Bank Securities 38 Reliable Analyst 72 3 Arihant Capital Arihant Capital 20 Reliable Analyst 72 4 Aditya Birla Money Aditya Birla Money 13 Reliable Analyst 71 5 Adroit Financial Services Adroit Financial Services 72 Reliable Analyst 70
New to IPOs?

The 4 things to understand first.

01

What is GMP?

Grey Market Premium — the extra price investors will pay before listing. High GMP signals likely listing gains, but it's sentiment, not a promise.

02

QIB, NII & Retail?

The three bidder groups. Strong QIB (big institutions) demand is the best quality signal; Retail is you. Watch all three converge.

03

How do I apply?

Apply via your broker or bank using UPI before the close date. You bid in fixed lots — one lot is the minimum investment.

04

Checking allotment?

After the allotment date, enter your PAN on the registrar's site (KFintech / MUFG Intime) or BSE/NSE to see if you got shares.

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IPO Guru is an information platform. GMP and subscription figures are sourced from public/grey-market data and are indicative only — not investment advice or a recommendation to buy or sell. Please do your own research before investing.