# 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: April 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/developer-api ## Currently Active & Upcoming IPOs (April–May 2026) ### Mainboard IPOs - OnEMI Technology Solutions (KISSHT) IPO — Open: Apr 30–May 5, 2026 | Price: ₹171 | Size: ₹926 Cr | Listing: May 8 — https://www.ipoguru.in/ipo/onemi-technology-solutions-ipo - Bagmane Prime Office REIT IPO — Open: May 5–7, 2026 | Price: ₹100 | Size: ₹3,405 Cr | Listing: May 15 — https://www.ipoguru.in/ipo/bagmane-prime-office-reit-ipo - Citius Transnet Investment Trust InvIT — Listed: Apr 29, 2026 | Price: ₹100 | Size: ₹1,340 Cr — https://www.ipoguru.in/ipo/citius-transnet-investment-trust-invit-ipo ### SME IPOs - Amba Auto Sales & Services SME IPO — Open: Apr 27–29, 2026 | Price: ₹135 | Listing: May 5 — https://www.ipoguru.in/ipo/amba-auto-sales-services-sme-ipo - Value 360 Communications SME IPO — Open: May 4–6, 2026 | Price: ₹98 | Listing: May 11 — https://www.ipoguru.in/ipo/value-360-communications-sme-ipo - Recode Studios SME IPO — Open: May 5–7, 2026 | Price: ₹158 | Listing: May 12 — https://www.ipoguru.in/ipo/recode-studios-sme-ipo ## Recent 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/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.