Learn
Guides to how Indian IPOs actually work — the mechanics behind the numbers on the live board, written to be useful rather than promotional. None of it is investment advice.
What is IPO GMP?
Grey Market Premium, Kostak and Subject-to-Sauda explained — how the quotes are formed, what they can tell you, and where they mislead.
IPO subscription status explained
How QIB, sNII, bNII and retail categories work, why an issue can be 40x subscribed and still short in one category, and what oversubscription does to your allotment odds.
How to check IPO allotment status
Where to check with the registrar or BSE, when allotment is finalised, why a valid application often comes back empty, and how ASBA refunds work.
IPO glossary
ASBA, DRHP, RHP, anchor investor, cut-off price, offer for sale, lock-in and the rest of the vocabulary, in plain English.
Live data
- Live GMP & subscription board
- Every open, upcoming and recently listed issue
- SME IPOs
- NSE Emerge and BSE SME issues
- IPO pipeline
- SEBI DRHP and RHP filings, ahead of the exchanges
- GMP accuracy
- How well GMP has predicted actual listing gains, including the misses