Read from the filings,
not the rumour mill.
Forensic research on Indian companies, markets and money — IPOs, balance sheets, regulatory orders and the numbers behind them. Every claim traced to a document and the source named — or labelled where it isn’t.
Allotment on or about 26 Oct · listing on NSE & BSE on or about 28 Oct · dates and bidding hours from each RHP
How to read this site
Blog
Live IPOJio IPO 2026 — India’s biggest IPO pays off debt, not early investors20 Oct 2026 | 10 min read
Live IPOParas Healthcare IPO 2026 — two out of every three rupees go to sellers, not the hospitals21 Oct 2026 | 10 min read
IPO AnalysisAugmont IPO — revenue rose 42%, and every gold volume fell21 Aug 2026 | 11 min read
IPO AnalysisTempsens IPO — a real business, and institutions that actually showed up20 Aug 2026 | 10 min read
IPO AnalysisSunshine Pictures IPO — a 54% profit margin in a business that doesn’t have them19 Aug 2026 | 8 min read
IPO AnalysisHorizon Industrial Parks IPO — Blackstone priced it at ₹59.81 in December18 Aug 2026 | 9 min read
IPO AnalysisLalithaa Jewellery IPO — profit tripled, and it sold 0.74% more gold18 Aug 2026 | 8 min read
IPO AnalysisBehari Lal Engineering IPO — profit up 22%, volume down 1%, cash down 55%12 Aug 2026 | 9 min read
IPO AnalysisShiprocket IPO — a profitable business funding a loss-making one12 Aug 2026 | 9 min read
IPO AnalysisMilky Mist Dairy Food IPO — 42% of the fresh issue goes to paying down debt11 Aug 2026 | 8 min read
IPO AnalysisDhoot Transmission IPO — a 41% market share, priced at a 35% discount8 Aug 2026 | 6 min read
IPO AnalysisMolbio Diagnostics IPO — when the government is the customer8 Aug 2026 | 7 min read
Why this exists
Most Indian market commentary recycles the same grey market premium and the same anchor list. Almost none of it opens the prospectus.
This site does the opposite. Every claim carries a source, and where a figure cannot be traced to a filing, it is labelled rather than smoothed over. Calls made here get a scorecard afterwards — including the ones that go wrong.
IPO questions, answered
Which IPOs are open right now in October 2026?
Jio Platforms and Paras Healthcare both open on 21 October 2026 and close on 23 October 2026, with listing on or about 28 October 2026. Each analysis on this site states the bid dates, price band and lot size, and names the filing they came from.
How is this IPO analysis different from other IPO sites?
Every figure is traced to a primary filing — the Red Herring Prospectus or the anchor allocation intimation to BSE and NSE — and the filing is named and dated. Claims are labelled Verified, Contested or Not published. Grey market premium is recorded as sentiment only and is never a reason for a conclusion.
Do you give IPO allotment or buy and sell recommendations?
No. The author is not registered with SEBI as an Investment Adviser or a Research Analyst. Nothing published here is investment advice. Where the author states a personal position on an issue, that is a disclosure, not a recommendation.
Is grey market premium (GMP) used to decide these calls?
No. GMP is unregulated, has no published order book and can be moved cheaply. It is shown as a sentiment datapoint where tracked, but no conclusion on this site rests on it.
Where do the IPO numbers come from?
Red Herring Prospectuses filed with the Registrar of Companies, anchor allocation intimations filed with BSE and NSE, SEBI orders, and audited or restated financial statements. Ratios and crore conversions are the author's own calculations and are labelled as such.