IPO Guru
IPO Guru
IPO Reviews & Analysis · 26 Jun 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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Open now
0
Closing today
0
Allotment today
0
Listing today
Hottest IPOs this week
1 / 3
Advit Jewels logo
Advit Jewels
MAINBOARD Closed · lists 1 Jul
GMP
₹46 +33.3%
Subscription
QIB 174.98x
NII 536.38x
Retail 95.30x
GMP trend ▼−₹2
Strong subscription demand across categories Read full review →
IC Electricals Company logo
IC Electricals Company
SME Open · closes 30 Jun
GMP
₹31 +32.0%
Subscription
QIB 0.00x
NII 0.00x
Retail 0.00x
GMP trend ▲+₹32
Trading at a grey-market premium Read full review →
Kratikal Tech logo
Kratikal Tech
SME Opens 30 Jun
GMP
₹17 +12.6%
Subscription
QIB —
NII —
Retail —
GMP trend ▲+₹17
Trading at a grey-market premium 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 MODERATE
CSM Technologies
₹107-113 · Lot 132
GMP
₹4+3.5%
Subscribed
0.66x
QIB
0.38x
NII
1.09x
Retail
0.75x
3 days left View details →
SME WEAK
Sri Priyanka Geo Commex
₹207-212 · Lot 600
GMP
No GMP
Subscribed
0.33x
QIB
13.14x
NII
0.34x
Retail
0.14x
3 days left View details →
SME WEAK
IC Electricals Company
₹94-99 · Lot 1200
GMP
₹31+32.0%
Subscribed
0.00x
QIB
0.00x
NII
0.00x
Retail
0.00x
4 days left View details →
SME WEAK
Crazy Snacks
₹39-42 · Lot 3000
GMP
No GMP
Subscribed
0.16x
QIB
0.00x
NII
0.28x
Retail
0.04x
4 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 — Advit Jewels, 29 Jun
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
Avience Biomedicals SME +69.7% → ▲ 90.0%
Liotech Industries SME No signal → ▼ 19.9%
Leapfrog Engineering Services SME No signal → ▼ 4.3%
Horizon Reclaim (India) SME +72.8% → ▲ 46.6%
Susan Electricals India SME +33.9% → ▲ 33.9%
Utkal Speciality Industries India SME No signal → ▲ 0.0%
Hexagon Nutrition MAIN +6.1% → ▲ 7.2%
CMR Green Technologies MAIN +35.0% → ▲ 39.6%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
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.