IPO Guru
Spark Institutional Equities

Spark Institutional Equities

🏅 Ranked #53 on IPO Guru
SEBI Registered RA · INH200008954

Spark Institutional Equities, which operates as Avendus Spark after Avendus acquired Spark Capital’s institutional equities business in December 2022, is a Chennai and Mumbai based institutional broking and research house. Its team of over 100 professionals serves 330-plus institutional clients, and its research was ranked the best India research team in the Asiamoney 2023 polls.

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Total Reviews

1

All time

Apply Rate

100%

of all calls

Win Rate

100%

Apply calls with +ve listing

Avg Listing Gain

+0.8%

on apply/may apply calls

Avg Total Gain

-2.4%

on apply/may apply calls

🆕
🆕 Early Track Record

Performance Dashboard

Less than 5 reviews in last 12 months. Not enough data to rank yet.

Based on 1 reviews in the last 12 months.

How is this calculated?

Accuracy

0%

Return Quality

0%

Consistency

0%

Horizon

0%

⚠️ 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 1 (100%)
National Stock Exchange of India

🏆 Best Call

National Stock Exchange of India

Verdict: Apply

+0.8%

Listing gain

National Stock Exchange of India

📉 Worst Call

National Stock Exchange of India

Verdict: Apply

0.8%

Listing gain

Review History

Track record of Spark Institutional Equities

IPO Name Verdict Total Gain Report
National Stock Exchange of India
National Stock Exchange of India
Apply -2.4% PDF

Frequently Asked Questions

Is Spark Institutional Equities SEBI registered?

Yes, Spark Institutional Equities is a SEBI registered Research Analyst (Registration No. INH200008954). 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 Spark Institutional Equities given?

Spark Institutional Equities has reviewed 1 IPOs in total. The apply rate across all calls is 100%.

What is Spark Institutional Equities's IPO recommendation win rate?

Spark Institutional Equities has a 100% win rate — 100% of their Apply calls resulted in a positive listing gain on the NSE/BSE. The average listing gain on Apply calls is +0.8%.

Where can I read Spark Institutional Equities's IPO recommendations?

All IPO reviews by Spark Institutional Equities 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.