IPO Guru
IPO Guru
IPO Reviews & Analysis · 8 Aug 2026

IPO reviews & analysis,
before you Apply.

We review every Mainboard and SME IPO in India — the financials, strengths and risks — alongside live GMP and Subscription. Independent analysis that helps first-time investors understand an IPO before they apply.

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Open now
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Closing today
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Allotment today
0
Listing today
Hottest IPOs this week
1 / 3
LAPL Automotive logo
LAPL Automotive
SME Open · closes 10 Aug
GMP
₹32 +34.0%
Subscription
QIB 3.56x
NII 23.10x
Retail 47.53x
GMP trend ▲+₹25
Strong subscription demand across categories Read full review →
Dhoot Transmission logo
Dhoot Transmission
MAINBOARD Opens 10 Aug
GMP
₹247 +28.4%
Subscription
QIB —
NII —
Retail —
GMP trend ▲+₹27
Trading at a grey-market premium Read full review →
Ardee Industries logo
Ardee Industries
MAINBOARD Closed · lists 12 Aug
GMP
₹15 +28.3%
Subscription
QIB 197.77x
NII 255.24x
Retail 45.71x
GMP trend ▲+₹15
Strong subscription demand across categories Read full review →

Open now — who's bidding?

Live GMP and who's actually bidding. Watch QIB (institutions) — strong QIB demand is the clearest sign an IPO is in real demand.

All live subscription →
Strong demand Awaiting data Weak demand
SME STRONG
LAPL Automotive
₹88-94 · Lot 1200
GMP
₹32+34.0%
Subscribed
29.28x
QIB
3.56x
NII
23.10x
Retail
47.53x
2 days left View details →
MAINBOARD STRONG
Technocraft Ventures
₹200-212 · Lot 70
GMP
₹15+7.1%
Subscribed
2.59x
QIB
4.47x
NII
3.80x
Retail
1.00x
3 days left View details →
MAINBOARD WEAK
LEAP India
₹151-159 · Lot 94
GMP
₹15+9.4%
Subscribed
0.26x
QIB
0.61x
NII
0.11x
Retail
0.13x
3 days left View details →
SME WEAK
Optimystix Entertainment India
₹166-175
GMP
₹5+2.9%
Subscribed
0.00x
QIB
0.00x
NII
0.00x
Retail
0.00x
3 days left View details →
Allotment status

Did you get the shares?

Enter your PAN to check across BSE, NSE & registrars (KFintech, MUFG Intime).

Next basis of allotment — Ardee Industries, 10 Aug
Did GMP get it right?

GMP vs actual listing — the last 8 debuts.

We track our grey-market signal against actual listing-day results so you can judge how much to trust it.

All listings →
CompanyGMP signalListed at
SBI Funds Management MAIN +16.6% → ▲ 6.8%
Aastha Spintex MAIN +3.7% → —
Advit Jewels MAIN +35.9% → ▲ 36.9%
Jivial Industries SME No signal → ▼ 20.0%
Riyaasat Lifestyle SME No signal → ▼ 20.0%
Avience Biomedicals SME +69.7% → ▲ 90.0%
Liotech Industries SME No signal → ▼ 19.9%
Leapfrog Engineering Services SME No signal → ▼ 4.3%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
New to IPOs?

The 4 things to understand first.

01

What is GMP?

Grey Market Premium — the extra price investors will pay before listing. High GMP signals likely listing gains, but it's sentiment, not a promise.

02

QIB, NII & Retail?

The three bidder groups. Strong QIB (big institutions) demand is the best quality signal; Retail is you. Watch all three converge.

03

How do I apply?

Apply via your broker or bank using UPI before the close date. You bid in fixed lots — one lot is the minimum investment.

04

Checking allotment?

After the allotment date, enter your PAN on the registrar's site (KFintech / MUFG Intime) or BSE/NSE to see if you got shares.

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IPO Guru is an information platform. GMP and subscription figures are sourced from public/grey-market data and are indicative only — not investment advice or a recommendation to buy or sell. Please do your own research before investing.