Primary Market Analysis Suite

IPO Research Tools & Calculators

Institutional-grade financial engines designed for primary market investors and analysts. Calculate real-time Grey Market Premium returns, simulate Retail/HNI lot costs, and review audited balance sheet dossiers.

Live Estimator

Live IPO GMP Calculator

Estimate listing prices, profit per lot, and percentage returns based on live Grey Market Premiums (GMP). Pre-populated with active IPO feeds and interactive sensitivity sliders.

  • Real-time profit per lot computation
  • Expected listing price & gain %
  • Live IPO picker with 1-click load
  • Interactive GMP fluctuation slider
Open GMP Calculator
Application Planner

IPO Application & Cost Calculator

Calculate exact margin requirements, total shares, and max lot limits for Retail (up to ₹2 Lakh), Small HNI (₹2L - ₹10L), and Big HNI (>₹10L) investor categories.

  • Retail & HNI category threshold checks
  • Total investment & lot size calculator
  • Simulated return & STCG tax estimate
  • Pre-set lot quick selection buttons
Open Application Calculator
23 Forensic Reports

DRHP Prospectus Research Reports

117-checkpoint forensic audits across 9 analytical layers. Scrutinizes CFO vs PAT cash flow quality, auditor remarks, related party transactions, and material litigations.

  • 117-checkpoint forensic balance sheet audit
  • Zero opinion: 100% audited data only
  • Red-flag triage dashboard
  • Comprehensive peer comparison tables
View Research Reports
Live Pipeline

Financial Matrix & Pipeline Explorer

High-density comparison engine tracking live issue sizes, fresh vs OFS splits, market caps, anchor book allocations, price bands, and tentative exchange dates.

  • Mainboard & SME dual filtering
  • Live GMP tracking & gain percentages
  • Fresh vs OFS capital split visibility
  • One-lot cost & subscription dates
Explore IPO Pipeline
Understanding The Numbers

Primary Market Mechanics & Formula Guide

Quick reference for how GMP, application limits, and listing gains are calculated in Indian IPOs.

Profit per Lot Formula

Profit per Lot = Lot Size × Grey Market Premium (₹).

Example: An issue with lot size of 50 shares and GMP of ₹30 yields an estimated listing gain of ₹1,500 per allotted lot.

Retail vs HNI Categories

Retail: Application value up to ₹2,00,000. Allotment by computerized lottery.
sHNI: ₹2,00,001 to ₹10,00,000.
bHNI: Above ₹10,00,000.

GMP Disclaimer

Grey market premiums are unofficial market sentiment indicators and not official exchange quotes. GMP can fluctuate sharply before listing. Always review the full DRHP before applying.