IPO Guru
Sushil Finance

Sushil Finance

🏅 Ranked #8 on IPO Guru
SEBI Registered RA

Sushil Finance, established in 1982 by Mr. Sushil N. Shah, has grown into one of India’s leading financial services companies, serving the evolving needs of individual and institutional investors for over four decades. With a strong focus on trust, research-driven advice, and investor-friendly solutions, Sushil Finance offers a comprehensive basket of services across equities, mutual funds, insurance, and more to help clients build long-term wealth.

22 Mainboard

Total Reviews

22

All time

Apply Rate

77%

of all calls

Win Rate

54%

Apply calls with +ve listing

Avg Listing Gain

+12.7%

on apply/may apply calls

Avg Total Gain

+50.8%

on apply/may apply calls

68 Score / 100
✅ Reliable Analyst

Performance Dashboard

Very accurate recommendations with good profit history.

Based on 19 reviews in the last 12 months.

How is this calculated?

Accuracy

95%

Return Quality

100%

Consistency

59%

Horizon

48%

⚠️ 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 14 (74%)
May Apply 3 (16%)
Neutral 2 (11%)
Bharat Coking Coal

🏆 Best Call

Bharat Coking Coal

Verdict: Apply

+95.7%

Listing gain

Amagi Media Labs

📉 Worst Call

Amagi Media Labs

Verdict: May apply

-12.2%

Listing gain

Review History

Track record of Sushil Finance

IPO Name Verdict Total Gain Report
Pine Labs
Pine Labs
Apply -37.1% PDF
Groww
Groww
Apply +94.4% PDF

Frequently Asked Questions

Is Sushil Finance SEBI registered?

Yes, Sushil Finance is a SEBI registered Research Analyst. 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 Sushil Finance given?

Sushil Finance has reviewed 22 IPOs in total. The apply rate across all calls is 77%.

What is Sushil Finance's IPO recommendation win rate?

Sushil Finance has a 54% win rate — 54% of their Apply calls resulted in a positive listing gain on the NSE/BSE. The average listing gain on Apply calls is +12.7%.

What is Sushil Finance's performance score on IPO Guru?

Sushil Finance holds a performance score of 68/100 (✅ Reliable Analyst), ranking #8 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 Sushil Finance's IPO recommendations?

All IPO reviews by Sushil Finance 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.