About Tanish & IPrOspecta
Simple, independent research and clear balance sheet breakdowns for Indian IPOs.
Tanish Vijayvargiya
Building clean financial tools and independent research platforms designed to help modern investors understand companies without the marketing jargon.
Why IPrOspecta Was Built
Every year, dozens of companies raise thousands of crores in India's primary markets through Initial Public Offerings (IPOs). Yet, prospective market participants are often caught between two extremes: dense, 400-page regulatory filings (DRHP and RHP) that are difficult to dissect, or superficial social media hype centered entirely around speculative Grey Market Premiums (GMP).
IPrOspecta was created by Tanish Vijayvargiya to bridge that gap. The goal is simple: deliver clear, objective, and institutional-grade due diligence in an interactive format that anyone can read in minutes.
What We Cover
- Issue Structure: Clean breakdown of Fresh Issue proceeds versus promoter/private-equity Offer for Sale (OFS) exits.
- Audited Balance Sheets: Multi-year tracking of Revenue, EBITDA margins, Net Profit (PAT), and operating cash flow (CFO).
- Use of Funds: Where is the public money actually going—capex, debt repayment, working capital, or corporate overheads?
- Promoter & Governance: Pre- and post-issue shareholding structures, lock-in terms, and related-party transactions.
- Live Market Metrics: Aggregated Grey Market Premiums (GMP), estimated profit per lot, subscription numbers, and key offer dates.
Independent & Non-Advisory
IPrOspecta is 100% independent. We do not accept sponsored IPO promotions, lead manager arrangements, or affiliate bidding commissions. All insights and commentary reflect independent personal research and should never be considered financial, investment, or legal advice.