IPO Guru
IPO Guru
IPO Reviews & Analysis · 13 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.

8
Open now
2
Closing today
2
Allotment today
1
Listing today
Best IPO Now
1 / 3
Shiprocket logo
Shiprocket
MAINBOARD Open · closes 14 Aug
GMP
₹34 +35.0%
Subscription
QIB 0.03x
NII 4.84x
Retail 9.76x
GMP trend ▲+₹34
Strong subscription demand across categories Read full review →
Behari Lal Engineering logo
Behari Lal Engineering
MAINBOARD Open · closes 14 Aug
GMP
₹78 +27.4%
Subscription
QIB 2.22x
NII 11.11x
Retail 9.36x
GMP trend ▲+₹68
Strong subscription demand across categories Read full review →
Milky Mist Dairy Food logo
Milky Mist Dairy Food
MAINBOARD Open · closes 13 Aug
GMP
₹26 +18.6%
Subscription
QIB 155.83x
NII 34.91x
Retail 8.41x
GMP trend ▲+₹26
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
MAINBOARD STRONG
Milky Mist Dairy Food
₹133-140 · Lot 107
GMP
₹26+18.6%
Subscribed
56.12x
QIB
155.83x
NII
34.91x
Retail
8.41x
Last day today View details →
SME WEAK
Sham Foam
₹130 · Lot 1000
GMP
₹4+3.1%
Subscribed
0.00x
QIB
0.00x
NII
0.00x
Retail
0.00x
Last day today View details →
MAINBOARD MODERATE
Shiprocket
₹92-97 · Lot 154
GMP
₹34+35.0%
Subscribed
3.16x
QIB
0.03x
NII
4.84x
Retail
9.76x
1 day left View details →
MAINBOARD STRONG
Behari Lal Engineering
₹271-285 · Lot 52
GMP
₹78+27.4%
Subscribed
7.78x
QIB
2.22x
NII
11.11x
Retail
9.36x
1 day 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 — Dhoot Transmission, 13 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
Ardee Industries MAIN +32.1% → ▲ 35.8%
G.V.Electricals SME +19.2% → ▲ 21.5%
Aegeus Technologies SME +11.4% → ▲ 18.6%
Fusion Klassroom Edutech SME No signal → ▲ 6.9%
MV Electrosystems MAIN +25.6% → ▲ 22.4%
Oneindig Technologies SME +7.3% → ▲ 25.0%
Dhaval Packaging SME +12.4% → ▲ 13.4%
Manipal Health Enterprises MAIN +0.5% → ▲ 10.5%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Nirmal Bang Nirmal Bang 18 Reliable Analyst 73 2 Arihant Capital Arihant Capital 19 Reliable Analyst 73 3 Canara Bank Securities Canara Bank Securities 34 Reliable Analyst 72 4 Aditya Birla Money Aditya Birla Money 13 Reliable Analyst 71 5 Adroit Financial Services Adroit Financial Services 39 Reliable Analyst 70
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.