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.
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92 Mainboard reviews
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
Call history
Each verdict next to the gain on listing day and the total gain till today, both from the issue price.
92 reviews
| IPO | Verdict | Total gain |
|---|---|---|
Meesho Listed 10 Dec 2025
|
Apply | +104.5% |
Vidya Wires Listed 10 Dec 2025
|
Apply | +58.1% |
Aequs Listed 9 Dec 2025
|
Apply | +72.0% |
Sudeep Pharma Listed 28 Nov 2025
|
Apply | +82.6% |
Excelsoft Technologies Listed 26 Nov 2025
|
Neutral | -37.6% |
Capillary Technologies Listed 21 Nov 2025
|
Avoid | -12.3% |
Fujiyama Power Systems Listed 20 Nov 2025
|
Neutral | +63.2% |
Tenneco Clean Air India Listed 19 Nov 2025
|
Neutral | +6.3% |
Emmvee Photovoltaic Power Listed 18 Nov 2025
|
Apply | +6.8% |
PhysicsWallah Listed 18 Nov 2025
|
Avoid | +20.0% |
Pine Labs Listed 14 Nov 2025
|
Avoid | -27.1% |
Groww Listed 12 Nov 2025
|
Apply | +90.7% |
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 58/100 (Market Average), ranked #21 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.
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