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Every Indian IPO. One station.

ipostation is the cleanest, fastest way to research Indian Mainboard and SME IPOs — live GMP, subscription, allotment details, price band, lot size, DRHP, RHP and listing performance, all in one calm dashboard built for NSE and BSE investors.

  • Free to use
  • NSE + BSE · Mainboard & SME
  • Updated through the day
ExchangesNSE + BSEMainboard & SME
SegmentsMB + SMEEvery live issue
GMPLive Refreshed every 30 min
Refresh30 minGMP & subscription

Live now

Open IPOs, GMP movers & recent listings

01 — What you can do

Every IPO data point that actually matters — in one place.

ipostation is built around the questions Indian investors actually ask before, during and after an IPO. No filler, no clutter — just the numbers, with their sources.

Live IPO GMP (Grey Market Premium)

Track the latest IPO GMP for every Mainboard and SME issue with timestamped history, so you can see how sentiment moves between subscription open and listing day.

Subscription status, hour by hour

Live category-wise subscription — QIB, NII (sNII / bNII), Retail and Employee — refreshed throughout the bidding window for both NSE and BSE.

IPO allotment status

Allotment status with direct registrar links — Link Intime, KFintech, Bigshare, Cameo — plus the allotment date for every IPO, so you know exactly where and when to check.

Price band, lot size & dates

Issue size, price band, lot size, minimum investment, anchor list, bidding dates, allotment date and listing date — never miss a window.

DRHP & RHP archive

Searchable library of draft red herring and red herring prospectuses with key risk factors, financials and use of proceeds highlighted.

Listing day performance

Listing price on NSE and BSE and the listing-day gain over the issue price for every recently listed Mainboard and SME IPO.

Anchor investor disclosures

See which mutual funds, FPIs and insurance companies anchored an issue — and how anchor lock-ins unwind after listing.

Pre-IPO financials

Three years of revenue and profit-after-tax pulled from the prospectus for every IPO that has filed — the numbers behind the issue, alongside the DRHP and RHP.

02 — IPO categories

From upcoming filings to listing day — and beyond.

Every IPO we track lives inside one of these views — filter, sort and compare the slice you care about.

03 — Why ipostation

The Indian IPO site you’ll actually want to use.

Most IPO websites in India look like they were built in 2009 and never touched again. ipostation is a ground-up rebuild — for speed, for trust, and for the way investors actually research today.

Faster than the legacy IPO sites

We obsess over clarity and speed. GMP and subscription numbers refresh through the day, and every page is designed to be skimmed on a phone between meetings.

Cleaner data, fewer surprises

Every number is sourced from primary documents — SEBI filings, exchange circulars, registrar pages — with the source linked. No guessing, no rumor mills.

Built for retail and pros

Retail investors get the answers they came for in one screen. Professionals get the depth — anchor break-up, financial ratios, peer comparison and risk factors.

Calm by design

No flashing tickers, no shouting CTAs. A quiet, finance-grade interface that respects your time and your attention.

04 — IPO glossary & FAQ

IPO basics, answered straight.

A short primer on the terms you’ll see across the site — from GMP to DRHP, allotment to anchor investors.

What is an IPO in the Indian stock market?

An Initial Public Offering (IPO) is the process by which a private Indian company offers its shares to the public for the first time and gets listed on the NSE, BSE or both. It allows the company to raise primary capital and lets early investors monetise their holdings.

What is GMP (Grey Market Premium)?

GMP is the unofficial premium at which an IPO’s shares trade in the grey market before listing. It is a sentiment indicator, not a guarantee — listing prices can deviate sharply from GMP, especially in volatile markets.

How does IPO allotment work?

After bidding closes, the registrar finalises the basis of allotment. Retail allotment is done by lot via a computerised lottery when an issue is oversubscribed, while QIB and NII allotments are proportional. Status can be checked on the registrar’s website using PAN or application number.

What are the investor categories in an Indian IPO?

Bids are split into Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII — further split into sNII below INR 10 lakh and bNII above), Retail Individual Investors (RII), and sometimes Employee and Shareholder reservations.

What is the difference between Mainboard and SME IPO?

Mainboard IPOs list on the main BSE and NSE platforms and have higher minimum issue sizes, stricter eligibility and broader investor participation. SME IPOs list on NSE Emerge or BSE SME, have smaller issue sizes, larger lot sizes and are intended for relatively sophisticated investors.

What is DRHP and RHP?

DRHP (Draft Red Herring Prospectus) is the initial filing with SEBI describing the business, financials and risks. After SEBI comments and final pricing, the RHP (Red Herring Prospectus) is filed before bidding opens. Both are critical research documents for any IPO.

Start exploring

India’s next-generation IPO research platform — live now.

Jump straight to what’s moving today — live grey-market premium, who’s open for bidding, and what’s coming next.

Research only — nothing on ipostation is investment advice.