Sushil Finance
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.
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32 Mainboard reviews
Reviews tracked
32
all time
Hit %
55%
average marks per call
Coverage %
15%
of IPOs given a call
Avg listing gain
+10.2%
on Apply calls
Calls at a glance
Every review on IPO Guru, all time.
Verdict mix
21
Apply · 81%
3
May Apply · 12%
2
Neutral · 8%
0
Avoid · 0%
Best and worst call
Call history
Each verdict next to the gain on listing day and the total gain till today, both from the issue price.
32 reviews
| IPO | Verdict | Total gain |
|---|---|---|
SFC Environmental Technologies Lists 3 Nov 2026
|
Apply | – |
Paras Healthcare Listed 28 Oct 2026
|
Apply | +9.8% |
Tonbo Imaging India Listed 23 Oct 2026
|
Not Rated | +70.3% |
Fusion CX Listed 22 Oct 2026
|
Not Rated | -5.2% |
HD Fire Protect Listed 21 Oct 2026
|
Apply | -1.4% |
Moneyview Listed 1 Oct 2026
|
Not Rated | +50.7% |
Elevate Campuses Listed 30 Sep 2026
|
Apply | -19.1% |
Varmora Granito Listed 29 Sep 2026
|
Apply | -18.9% |
National Stock Exchange of India Listed 24 Sep 2026
|
Apply | +0.1% |
Prasol Chemicals Listed 16 Sep 2026
|
Apply | +24.6% |
SBI Funds Management Listed 21 Jul 2026
|
Apply | -19.1% |
Laser Power & Infra Listed 16 Jul 2026
|
Neutral | -5.5% |
Knack packaging Listed 8 Jul 2026
|
Apply | +10.9% |
Turtlemint Fintech Solutions Listed 29 Jun 2026
|
Not Rated | -64.9% |
CMR Green Technologies Listed 10 Jun 2026
|
Neutral | +3.6% |
Bagmane Prime Office REIT Listed 15 May 2026
|
Not Rated | +4.6% |
SEDEMAC Mechatronics Listed 11 Mar 2026
|
May Apply | +131.1% |
Clean Max Enviro Energy Solutions Listed 2 Mar 2026
|
Apply | +18.5% |
Fractal Analytics Listed 16 Feb 2026
|
Apply | -18.0% |
Aye Finance Listed 16 Feb 2026
|
Apply | +2.7% |
Past results do not guarantee future calls; for research only.
Frequently asked questions
Is Sushil Finance SEBI registered?
Yes, Sushil Finance is a SEBI registered Research Analyst (Registration No. INH000000867). 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 32 IPOs in total. The apply rate across all calls is 75%.
What is Sushil Finance's IPO recommendation win rate?
Sushil Finance has a 60% win rate: 60% of their Apply calls listed above the issue price on the NSE/BSE. The average listing gain on Apply calls is +10.2%.
What is Sushil Finance's performance score on IPO Guru?
Sushil Finance holds a Mainboard score of 42/100 (Below Market), ranked #30 among mainboard IPO analysts on IPO Guru. The score is 80% hit (each call graded on its listing-day gain and its gain 180 days after listing), 10% selectivity (whether Apply picks beat Avoid picks) and 10% coverage (how many IPOs it took a stand on).
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 see each verdict (Apply / May Apply / Neutral / Avoid) next to the listing gain and total gain for that IPO.
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