IPO Guru
IPO Reviews & Analysis · 10 Sep 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.

17
Open now
3
Closing today
2
Allotment today
0
Listing today
Best IPO Now
1 / 3
Kanohar Electricals logo
Kanohar Electricals
MAINBOARD Open · closes 10 Sep
GMP
₹225 +35.6%
Subscription
QIB 84.56x
NII 75.08x
Retail 16.98x
GMP trend +₹193
Strong subscription demand across categories Read full review →
Rentomojo logo
Rentomojo
MAINBOARD Open · closes 11 Sep
GMP
₹141 +34.9%
Subscription
QIB 0.43x
NII 8.22x
Retail 3.33x
GMP trend +₹108
Strong subscription demand across categories Read full review →
LCC Projects logo
LCC Projects
MAINBOARD Open · closes 11 Sep
GMP
₹49 +34.0%
Subscription
QIB 1.15x
NII 3.72x
Retail 3.51x
GMP trend +₹35
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
Kanohar Electricals
₹601-632 · Lot 23
GMP
₹225+35.6%
Subscribed
48.74x
QIB
84.56x
NII
75.08x
Retail
16.98x
Last day today View details →
MAINBOARD STRONG
Prasol Chemicals
₹643-676 · Lot 22
GMP
₹3+0.4%
Subscribed
2.59x
QIB
5.58x
NII
1.17x
Retail
1.50x
Last day today View details →
MAINBOARD STRONG
Glass Wall Systems (India)
₹172-182 · Lot 82
GMP
₹52+28.6%
Subscribed
39.46x
QIB
40.55x
NII
67.14x
Retail
26.98x
Last day today View details →
MAINBOARD MODERATE
Rentomojo
₹384-404 · Lot 37
GMP
₹141+34.9%
Subscribed
3.55x
QIB
0.43x
NII
8.22x
Retail
3.33x
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 — Pranav Constructions, 10 Sep
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
Deepa Jewellers MAIN +14.1% ▲ 24.9%
Rays of Belief MAIN +6.3% ▲ 0.0%
Fly-Hi Maritime Travels SME +1.0% ▼ 20.0%
Farm Peace SME +100.0% ▲ 90.0%
Purple Style Labs MAIN -1.7% ▼ 7.0%
Ashutosh Fibre SME +60.9% ▲ 52.2%
Phychem Technologies SME +1.9% ▲ 3.7%
Shanti Inorganics SME +65.1% ▲ 90.0%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Nirmal Bang Nirmal Bang 25 Reliable Analyst 76 2 Canara Bank Securities Canara Bank Securities 40 Reliable Analyst 75 3 Arihant Capital Arihant Capital 22 Reliable Analyst 72 4 Aditya Birla Money Aditya Birla Money 13 Reliable Analyst 71 5 Anand Rathi Anand Rathi 34 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.

Live
GMP every minute
QIB
Smart-money tracking
0 fake
Verified data only
Check live GMP

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.