IPO Guru
IPO Reviews & Analysis · 9 Aug 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.

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Closing today
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Allotment today
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Listing today
Best IPO Now
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LEAP India logo
LEAP India
MAINBOARD Open · closes 11 Aug
GMP
₹16 +10.1%
Subscription
QIB 0.61x
NII 0.11x
Retail 0.13x
GMP trend +₹8
Trading at a grey-market premium Read full review →
Technocraft Ventures logo
Technocraft Ventures
MAINBOARD Open · closes 11 Aug
GMP
₹20 +9.7%
Subscription
QIB 4.47x
NII 3.80x
Retail 1.00x
GMP trend +₹21
Strong subscription demand across categories Read full review →
LAPL Automotive logo
LAPL Automotive
SME Open · closes 10 Aug
GMP
₹35 +37.2%
Subscription
QIB 3.56x
NII 23.10x
Retail 47.53x
GMP trend +₹28
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
SME STRONG
LAPL Automotive
₹88-94 · Lot 1200
GMP
₹35+37.2%
Subscribed
29.28x
QIB
3.56x
NII
23.10x
Retail
47.53x
1 day left View details →
MAINBOARD STRONG
Technocraft Ventures
₹200-212 · Lot 70
GMP
₹20+9.7%
Subscribed
2.59x
QIB
4.47x
NII
3.80x
Retail
1.00x
2 days left View details →
MAINBOARD WEAK
LEAP India
₹151-159 · Lot 94
GMP
₹16+10.1%
Subscribed
0.26x
QIB
0.61x
NII
0.11x
Retail
0.13x
2 days left View details →
SME WEAK
Optimystix Entertainment India
₹166-175
GMP
₹5+2.9%
Subscribed
0.00x
QIB
0.00x
NII
0.00x
Retail
0.00x
2 days left 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 — Ardee Industries, 10 Aug
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
Fusion Klassroom Edutech SME No signal ▲ 6.9%
MV Electrosystems MAIN +25.6% ▲ 22.4%
Manipal Health Enterprises MAIN +0.5% ▲ 10.5%
H. R. HYGIENE PRODUCTS SME +1.1% ▲ 2.3%
Poojaa Precision Engg SME +78.1% ▲ 56.1%
Silverstorm Parks & Resorts SME +3.8% ▼ 0.1%
Indo-MIM MAIN +37.9% ▲ 44.3%
Lohia Corp MAIN +4.0% ▲ 8.5%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Aditya Birla Money Aditya Birla Money 13 Reliable Analyst 73 2 Arihant Capital Arihant Capital 19 Reliable Analyst 73 3 Canara Bank Securities Canara Bank Securities 28 Reliable Analyst 72 4 Anand Rathi Anand Rathi 28 Reliable Analyst 69 5 Choice equity broking Choice equity broking 13 Reliable Analyst 69
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.