IPO Guru
Bajaj
Swastika Investmart
SEBI Registered RA · INH000024073 #22 of 31 · Mainboard

Swastika Investmart

Swastika Investmart is an Indore-headquartered, BSE-listed broking house with over three decades in the market and a network of 500-plus locations across 33 cities. It offers equity, derivatives, commodity and currency trading, mutual funds, IPOs and algo trading, and its research desk has been recognised by the MCX for leading member research.

Reviews tracked
92
all time
Hit %
58%
average marks per call
Coverage %
68%
of IPOs given a call
Avg listing gain
+14.4%
on Apply calls

Calls at a glance

Every review on IPO Guru, all time.

Verdict mix

45 Apply · 49%
0 May Apply · 0%
29 Neutral · 32%
17 Avoid · 19%

Best and worst call

+111.3%listing gain
Worst call Shree Ram Twistex Avoid
-34.6%listing gain

Call history

Each verdict next to the gain on listing day and the total gain till today, both from the issue price.

Swastika Investmart IPO calls and outcomes
IPO Verdict Listing Total gain Note
Sonaselection India Listed 24 Sep 2026
Neutral +3.3% -0.5% PDF
Apply +0.8% +0.0% PDF
Jindal Supreme (India) Listed 23 Sep 2026
Apply +29.0% +76.1% PDF
SS Retail Listed 23 Sep 2026
Neutral +47.2% +53.7% PDF
Hero Motors Listed 23 Sep 2026
Neutral -2.4% +52.0% PDF
Manika Plastech Listed 21 Sep 2026
Apply 0.0% +9.6% PDF
Rentomojo Listed 17 Sep 2026
Neutral +19.4% +34.9% PDF
LCC Projects Listed 17 Sep 2026
Apply +29.5% -12.4% PDF
Karamtara Engineering Listed 17 Sep 2026
Neutral +26.0% +41.4% PDF
Kanohar Electricals Listed 16 Sep 2026
Apply +8.5% +51.7% PDF
Prasol Chemicals Listed 16 Sep 2026
Neutral -9.8% +21.8% PDF
Glass Wall Systems (India) Listed 16 Sep 2026
Apply +6.6% +16.6% —
Pranav Constructions Listed 15 Sep 2026
Apply +33.1% -24.8% PDF
Rays of Belief Listed 8 Sep 2026
Neutral 0.0% +7.4% PDF
Deepa Jewellers Listed 8 Sep 2026
Neutral +24.9% +16.2% PDF
Lumino Industries Listed 3 Sep 2026
Apply +34.1% +5.5% PDF
Annu Projects Listed 2 Sep 2026
Apply -27.3% -62.9% PDF
Skyways Air Services Listed 1 Sep 2026
Apply -10.1% -31.9% PDF
Symbiotec Pharmalab Listed 1 Sep 2026
Apply 0.0% +23.4% PDF
Hy-Tech Engineers Listed 1 Sep 2026
Apply +41.5% +46.5% PDF
Past results do not guarantee future calls; for research only.

Frequently asked questions

Is Swastika Investmart SEBI registered?

Yes, Swastika Investmart is a SEBI registered Research Analyst (Registration No. INH000024073). 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 Swastika Investmart given?

Swastika Investmart has reviewed 92 IPOs in total. The apply rate across all calls is 49%.

What is Swastika Investmart's IPO recommendation win rate?

Swastika Investmart has a 66% win rate: 66% of their Apply calls listed above the issue price on the NSE/BSE. The average listing gain on Apply calls is +14.4%.

What is Swastika Investmart's performance score on IPO Guru?

Swastika Investmart holds a Mainboard score of 57/100 (Market Average), ranked #22 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 Swastika Investmart's IPO recommendations?

All IPO reviews by Swastika Investmart 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.

Compare Swastika Investmart with every other analyst.

See who has called IPOs best over the last 18 months.