IPO Guru
IPO Reviews & Analysis · 22 Oct 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
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Listing today
Best IPO Now
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Jio Platforms logo
Jio Platforms
MAINBOARD Open · closes 23 Oct
GMP
₹247 +22.1%
Subscription
QIB 12.31x
NII 5.45x
Retail 1.48x
GMP trend ▲+₹83
Strong subscription demand across categories Read full review →
Paras Healthcare logo
Paras Healthcare
MAINBOARD Open · closes 23 Oct
GMP
₹13 +1.9%
Subscription
QIB 0.06x
NII 0.25x
Retail 1.30x
GMP trend ▼−₹70
Trading at a grey-market premium Read full review →
BLS Polymers logo
BLS Polymers
MAINBOARD Opens 27 Oct
GMP
₹35 +23.3%
Subscription
QIB —
NII —
Retail —
GMP trend ▲+₹10
Trading at a grey-market premium 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 WEAK
Paras Healthcare
₹660-693 · Lot 21
GMP
₹13+1.9%
Subscribed
0.34x
QIB
0.06x
NII
0.25x
Retail
1.30x
1 day left View details →
MAINBOARD STRONG
Jio Platforms
₹1065-1119 · Lot 12
GMP
₹247+22.1%
Subscribed
5.17x
QIB
12.31x
NII
5.45x
Retail
1.48x
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 — Paras Healthcare, 26 Oct

Latest IPO news

DRHP filings, openings, final subscription and listing day prices, as they happen.

All IPO news →
Sahajanand Medical Technologies IPO Lists on 23 October With a Grey Market Premium of ₹17

Sahajanand Medical Technologies IPO Lists on 23 October With a Grey Market Premium of ₹17

Sahajanand Medical Technologies IPO lists on 23 October. GMP is ₹17 (4.94%) against a ₹344 issue price after a 14.2x book. Data and key facts.

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
Fusion CX MAIN +4.7% → ▲ 5.5%
Ravita Engineering Services SME +0.9% → ▲ 0.0%
HD Fire Protect MAIN +26.2% → ▲ 23.6%
Vaibhav Vyapaar SME +5.6% → ▼ 2.0%
R.K.Fashion Accessories SME +1.8% → ▼ 2.4%
TNA Solutions SME No signal → ▼ 20.0%
Acme India Industries SME +21.9% → ▲ 12.8%
Paramount Syntex SME No signal → ▼ 9.4%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Nirmal Bang Nirmal Bang 31 Reliable Analyst 73 2 Ajcon Global Services Ajcon Global Services 21 Reliable Analyst 72 3 Canara Bank Securities Canara Bank Securities 51 Reliable Analyst 71 4 ICICI Direct ICICI Direct 35 Reliable Analyst 70 5 Angel One Angel One 56 Reliable Analyst 69
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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Founded by Abhishek Vohera · Independent IPO analysis since 2019

IPO Guru is an information platform and is not a SEBI-registered Research Analyst or Investment Adviser. 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.