IPO Guru
IPO Reviews & Analysis · 29 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.

18
Open now
9
Closing today
5
Allotment today
3
Listing today
Best IPO Now
1 / 3
Orient Cables (India) logo
Orient Cables (India)
MAINBOARD Open · closes 29 Sep
GMP
₹72 +26.5%
Subscription
QIB 0.06x
NII 17.37x
Retail 9.16x
GMP trend ▲+₹72
Strong subscription demand across categories Read full review →
SRIT India logo
SRIT India
MAINBOARD Open · closes 30 Sep
GMP
₹33 +25.4%
Subscription
QIB 0.00x
NII 0.90x
Retail 1.61x
GMP trend ▲+₹33
Strong subscription demand across categories Read full review →
German Green Steel & Power logo
German Green Steel & Power
MAINBOARD Open · closes 29 Sep
GMP
₹24 +17.6%
Subscription
QIB 1.34x
NII 7.82x
Retail 6.15x
GMP trend ▲+₹25
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
Acevector
₹30-32 · Lot 468
GMP
₹2+6.2%
Subscribed
1.13x
QIB
1.03x
NII
1.20x
Retail
1.34x
Last day today View details →
MAINBOARD STRONG
German Green Steel & Power
₹132-139 · Lot 107
GMP
₹24+17.6%
Subscribed
5.14x
QIB
1.34x
NII
7.82x
Retail
6.15x
Last day today View details →
MAINBOARD MODERATE
Runwal Enterprises
₹290-305 · Lot 49
GMP
₹14+4.6%
Subscribed
0.70x
QIB
1.05x
NII
0.93x
Retail
0.41x
Last day today View details →
MAINBOARD MODERATE
Orient Cables (India)
₹258-272 · Lot 55
GMP
₹72+26.5%
Subscribed
8.32x
QIB
0.06x
NII
17.37x
Retail
9.16x
Last day today 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 — A-One Steels India, 29 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
Vivekanand Cotspin SME No signal → ▲ 2.7%
FX Multitech SME +5.6% → ▲ 6.1%
Robokidz Eduventures SME +81.1% → ▲ 90.0%
Axiom Gas Engineering SME No signal → ▲ 1.4%
NSE MAIN +2.2% → ▲ 0.8%
Sonaselection India MAIN No signal → ▲ 3.3%
SpectraA Technology Solutions SME +68.6% → ▲ 90.0%
Kheria Autocomp SME +3.0% → ▲ 3.9%

Broker & analyst reports

Independent verdicts from India's trusted research desks.

All analysts →
#AnalystReportsRatingScore
1 Canara Bank Securities Canara Bank Securities 48 Reliable Analyst 73 2 Arihant Capital Arihant Capital 24 Reliable Analyst 73 3 Nirmal Bang Nirmal Bang 27 Reliable Analyst 72 4 Aditya Birla Money Aditya Birla Money 21 Reliable Analyst 71 5 Ajcon Global Services Ajcon Global Services 17 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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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.