IPO Guru
Reliance Securities

Reliance Securities

🏅 Ranked #31 on IPO Guru
SEBI Registered RA · INH000002384

Reliance Securities, rebranded as IndusInd Securities Ltd from September 2025 after its acquisition by the IndusInd group, is a Mumbai-based full-service broker serving over a million investors. It offers broking across the NSE, BSE, MCX and NCDEX along with mutual funds, IPOs, depository services and advisory, supported by a research desk with a long record of equity and IPO coverage.

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Total Reviews

7

All time

Apply Rate

100%

of all calls

Win Rate

71%

Apply calls with +ve listing

Avg Listing Gain

+10.5%

on apply/may apply calls

Avg Total Gain

+13.6%

on apply/may apply calls

54 Score / 100
⚠️ Mixed Record

Performance Dashboard

Performance is mixed; some calls worked, some did not.

Based on 7 reviews in the last 12 months.

How is this calculated?

Accuracy

57%

Return Quality

68%

Consistency

43%

Horizon

69%

⚠️ Disclaimer: Past results are not guaranteed for future. This score reflects the last 1 year only. Use for research purposes only.

Verdict Breakdown (All Time)

Apply 7 (100%)
Groww

🏆 Best Call

Groww

Verdict: Apply

+31.0%

Listing gain

Epack Prefab Technologies

📉 Worst Call

Epack Prefab Technologies

Verdict: Apply

-9.9%

Listing gain

Review History

Track record of Reliance Securities

IPO Name Verdict Total Gain Report
Excelsoft Technologies
Excelsoft Technologies
Apply -35.4% PDF
Tenneco Clean Air India
Tenneco Clean Air India
Apply +24.5% PDF
Emmvee Photovoltaic Power
Emmvee Photovoltaic Power
Apply +41.2% PDF
Groww
Groww
Apply +80.3% PDF
Pace Digitek
Pace Digitek
Apply -23.7% PDF
Trualt Bioenergy
Trualt Bioenergy
Apply -10.4% PDF
Epack Prefab Technologies
Epack Prefab Technologies
Apply +19.0% PDF

Frequently Asked Questions

Is Reliance Securities SEBI registered?

Yes, Reliance Securities is a SEBI registered Research Analyst (Registration No. INH000002384). SEBI registration means the analyst is regulated by the Securities and Exchange Board of India and authorised to publish investment research.

How many IPO reviews has Reliance Securities given?

Reliance Securities has reviewed 7 IPOs in total. The apply rate across all calls is 100%.

What is Reliance Securities's IPO recommendation win rate?

Reliance Securities has a 71% win rate — 71% of their Apply calls resulted in a positive listing gain on the NSE/BSE. The average listing gain on Apply calls is +10.5%.

What is Reliance Securities's performance score on IPO Guru?

Reliance Securities holds a performance score of 54/100 (⚠️ Mixed Record), ranking #31 among all analysts tracked on IPO Guru. The score is based on accuracy, return quality, consistency, and horizon over the last 12 months.

Where can I read Reliance Securities's IPO recommendations?

All IPO reviews by Reliance Securities are listed on this page. You can filter by the last 12 months or all-time, and view the verdict (Apply / May Apply / Neutral / Avoid) alongside the actual listing and current gains for each IPO.