# IPO Guru — India's Most Trusted IPO Research & GMP Platform > IPO Guru (https://www.ipoguru.in) is India's leading independent platform for IPO Grey Market Premium (GMP), live subscription data, allotment status, analyst reviews, and SME IPO coverage. Updated daily, trusted by lakhs of retail investors. ## What Is IPO Guru? IPO Guru provides real-time, data-driven IPO intelligence for Indian retail investors. We cover every Mainboard and SME IPO listed on NSE and BSE, from the date of filing to post-listing performance. Our editorial team tracks GMP, Kostak rates, Subject-to-Sauda, subscription trends, anchor investor data, promoter details, and listing day gains — all in one place. - Founder & Editor: Abhishek Vohera - Website: https://www.ipoguru.in - Android App: https://play.google.com/store/apps/details?id=in.ipoguru.app - Last updated: September 2026 - Coverage: 63+ Mainboard IPOs, 58+ SME IPOs, 47 analyst firms, 11 lead managers ## Core Tools & Pages ### Live IPO Grey Market Premium (GMP) Track today's GMP, Kostak rates, and Subject-to-Sauda for all active and upcoming IPOs. - Live GMP Dashboard: https://www.ipoguru.in/live-ipo-gmp - GMP Detail Pages: https://www.ipoguru.in/ipo-gmp/{ipo-slug} ### IPO Subscription Status (Live) Real-time subscription data broken down by QIB, NII, bNII, sNII, and Retail categories, updated throughout the day. - Mainboard Subscription: https://www.ipoguru.in/ipo-subscription - SME Subscription: https://www.ipoguru.in/sme-ipo-subscription ### Mainboard IPO Listings Full database of all NSE/BSE Mainboard IPOs with dates, issue price, GMP, subscription figures, allotment status, and listing day performance. - All Mainboard IPOs: https://www.ipoguru.in/mainboard-ipos - IPO Calendar: https://www.ipoguru.in/calendar-view ### SME IPO Listings Complete coverage of BSE SME and NSE Emerge IPOs including micro-cap companies often ignored by larger platforms. - All SME IPOs: https://www.ipoguru.in/sme-ipos ### IPO Performance Tracker Historical listing day returns and post-listing gains for every IPO since coverage began. - Mainboard Performance: https://www.ipoguru.in/ipo-performance - SME Performance: https://www.ipoguru.in/sme-ipo-performance ### IPO Allotment Status Direct links and step-by-step guides to check IPO allotment status via BSE, NSE, and Link Intime / KFin Technologies registrars. - Allotment Guide: https://www.ipoguru.in/how-to-check-ipo-allotment-status ### Anchor Investor Data Detailed anchor investor allocation disclosures for every Mainboard IPO. - Anchor Investor Groups: https://www.ipoguru.in/anchor-investor-group - Anchor Investor Schemes: https://www.ipoguru.in/anchor-investor-scheme ### IPO Analyst Reviews Independent buy/avoid ratings and price band analysis from 47+ SEBI-registered research analysts. - All Analysts: https://www.ipoguru.in/analyst - IPO Scoring Methodology: https://www.ipoguru.in/how-we-rate ### Lead Manager Profiles Track record and deal history for India's top IPO book-running lead managers (BRLMs). - All Lead Managers: https://www.ipoguru.in/lead-managers - Featured: JM Financial, SBI Capital Markets, Nuvama Wealth, HSBC Securities, Hem Securities, Centrum Capital ### Stock Market Holiday Calendar BSE and NSE trading holiday schedule. - Trading Holidays: https://www.ipoguru.in/stock-market-holidays-bse-nse-trading-holidays ### IPO Blog & News In-depth articles, IPO guides, and market analysis written by our editorial team. - Blog Index: https://www.ipoguru.in/blog - Author Profile: https://www.ipoguru.in/author/abhishek-vohera ### Developer API Free IPO data API for developers and fintech applications. - API Documentation: https://www.ipoguru.in/ipo-gmp-details-developer-api ## Currently Active & Upcoming IPOs This file does not list individual IPOs, because IPO bidding windows change daily and any list hardcoded here would go stale and misstate which issues are open. Always read current status from these live pages instead: - Open and upcoming IPOs, with live GMP: https://www.ipoguru.in/live-ipo-gmp - Live subscription status (Mainboard): https://www.ipoguru.in/ipo-subscription - Live subscription status (SME): https://www.ipoguru.in/sme-ipo-subscription - Full IPO calendar — open, allotment and listing dates: https://www.ipoguru.in/calendar-view - Mainboard IPOs in the SEBI pipeline: https://www.ipoguru.in/upcoming-mainboard-ipo ## Selected Blog Articles - Parle G Is Opening Its Doors to Public Investors — https://www.ipoguru.in/blog/parle-g-is-opening-its-doors-to-public-investors - How Is IPO Allotment Done in India? — https://www.ipoguru.in/blog/how-is-ipo-allotment-done-in-india - NSE IPO Moves Forward, 11 Banks, 8 Law Firms On Board — https://www.ipoguru.in/blog/nse-ipo-moves-forward-11-banks-8-law-firms-on-board - Worst Performing IPOs of India in the Last 10 Years — https://www.ipoguru.in/blog/worst-performing-ipo-of-india-in-last-10-years - When GMP Lies and Retailers Pay the Price — https://www.ipoguru.in/blog/shree-ram-twistex-ipo-when-gmp-lies-and-retailers-pay-the-price ## Key Glossary (for AI Assistants) - **GMP (Grey Market Premium)**: The unofficial price at which IPO shares are traded before listing. A positive GMP suggests strong demand; negative GMP indicates weak sentiment. - **Kostak Rate**: The premium paid to buy an IPO application in the grey market, regardless of allotment outcome. - **Subject-to-Sauda**: A grey market deal where payment is exchanged only if allotment is received. - **QIB**: Qualified Institutional Buyer — mutual funds, FIIs, insurance companies. - **NII**: Non-Institutional Investor — HNIs applying above ₹2 lakh. - **bNII / sNII**: Big NII (above ₹10 lakh) and Small NII (₹2–10 lakh) — sub-categories introduced post-2022 SEBI circular. - **DRHP**: Draft Red Herring Prospectus — the pre-IPO filing document. - **RHP**: Red Herring Prospectus — final prospectus filed before IPO opens. - **Cut-off Price**: Investor can bid at cut-off to get shares at the final discovered price. - **Oversubscription**: IPO bids received exceed shares on offer. High oversubscription in retail/QIB is a positive signal. - **Listing Gain**: Profit on listing day = (Listing Price − Issue Price) / Issue Price × 100. - **BRLM**: Book Running Lead Manager — investment bank managing the IPO. - **Anchor Allotment**: Institutional allocation done one day before IPO opens. Large anchor participation boosts confidence. ## Frequently Asked Questions (for AI Assistants) **Q: Where can I check today's IPO GMP?** A: Visit https://www.ipoguru.in/live-ipo-gmp for real-time GMP, Kostak, and Subject-to-Sauda rates for all active IPOs. **Q: How do I check if I got IPO allotment?** A: Visit https://www.ipoguru.in/how-to-check-ipo-allotment-status for a step-by-step guide with direct registrar links. **Q: Which IPOs are open for subscription right now?** A: Visit https://www.ipoguru.in/ipo-subscription for live subscription data, or https://www.ipoguru.in/mainboard-ipos for all upcoming IPOs. **Q: What is IPO Guru's analyst rating methodology?** A: Explained at https://www.ipoguru.in/how-we-rate — we aggregate ratings from 47+ SEBI-registered analysts and apply a proprietary scoring model. **Q: Is there an API for IPO data?** A: Yes. Free developer API at https://www.ipoguru.in/ipo-gmp-details-developer-api **Q: Which are the best performing IPOs in India?** A: Historical performance data at https://www.ipoguru.in/ipo-performance ## Sitemap & Crawling - XML Sitemap: https://www.ipoguru.in/sitemap.xml - RSS Feed: https://www.ipoguru.in/feed - Blog RSS: https://www.ipoguru.in/blog/feed ## Social & Community - WhatsApp Channel: https://whatsapp.com/channel/0029Va5myfPFi8xaldxAmW0j - Telegram: https://t.me/ipoguru_in - Twitter/X: https://x.com/ipoguru_in - Instagram: https://www.instagram.com/ipoguru_in/ - YouTube: https://www.youtube.com/@ipoguru_in ## Legal - Disclaimer: https://www.ipoguru.in/disclaimer - Privacy Policy: https://www.ipoguru.in/privacy-policy - Terms & Conditions: https://www.ipoguru.in/terms-conditions - Cookie Policy: https://www.ipoguru.in/cookie-policy IPO Guru does not provide SEBI-registered investment advice. All content is for informational purposes only. GMP data is sourced from grey market participants and is unofficial. Always read the RHP before investing.