GMPRADAR

Company: OYO (Oravel Stays Limited) ; Planned IPO Filing: Expected Nov 2025 / Q1 2026 ; Target Valuation: US$7-8 billion (~₹60-70 k crore) ; Fresh issue + OFS to be announced ; Listing: NSE / BSE Mainboard Introduction For years, OYO has been one of the most talked-about start-ups in India’s hospitality and travel tech ecosystem. Its journey from a budget-hotel aggregator to a global hospitality brand has seen many ups and downs, and now the company is gearing up for its much-anticipated initial public offering (IPO). According to recent reports, OYO is preparing to file its DRHP in November 2025 with a target valuation of US$7-8 billion. However, it's not just the size of the IPO that matters—it’s the story behind it: a transition from losses to profitability, building scale across geographies, and reasserting itself in a post-COVID world of travel and lodging. For IPO investors this means understanding both the promise and the risks of OYO’s listing journey. OYO at a ...

Company: Groww ( Billionbrains Garage Ventures Ltd ); DRHP Filed: 16 September 2025; Proposed IPO Size: ~₹7,000 Cr; Fresh Issue: ₹1,060 Cr; OFS Shares: ~57,41,90,754; Price Band: TBA; Listing: NSE / BSE (Mainboard) Introduction Groww, one of India’s leading digital investment platforms , has taken a landmark step toward going public by filing an updated ** DRHP with SEBI ** on 16 September 2025. :contentReference[oaicite:0]{index=0} This move positions Groww to become one of the marquee fintech IPOs of recent times—especially significant because it is transitioning its legal domicile back to India from the U.S. In this post, we dig into what the DRHP reveals so far: the IPO structure, valuation, business metrics, risks & rewards, SWOT, and what IPO investors should closely monitor. Groww at a Glance Groww (operated by Billionbrains Garage Ventures Ltd) is an online investment, trading, and fintech platform. It offers retail users access to **equities, mutual ...

RHI Magnesita India Ltd — Institutional Investment Analysis (FY 2025) RHI Magnesita India Ltd is India’s market leader in refractory products serving the steel, cement, and industrial sectors. With access to global R&D from its parent group, the company has built a durable technological moat. However, working-capital intensity and moderate returns on invested capital remain key watchpoints for investors in FY 2025. 📈 Financial Overview (FY 2020–2025) Revenue Growth: Mid-to-high single-digit CAGR over five years; driven by volume expansion and premium product mix. EBITDA Margins: Improved materially from pandemic lows; sustained through cost optimization and high-value product shift. Working Capital Days: Increased from ~70 to 130+ days — a drag on cash conversion. ROE / ROCE: 8–10 %, below global industrial peers; scope for improvement via better capital discipline. Leverage: Moderate; net-debt/EBITDA remains manageable despite elevated capex. ...

IPOName: Trualt Bioenergy Ltd; ListingDate: 2025-09-25; IPOSize: ₹20 Cr; PriceBand: 95-100; OpenDate: 2025-09-18; CloseDate: 2025-09-22; LotSize: 200; Exchange: NSE (SME); IssueType: Book Built; FaceValue: ₹10; Registrar: KFin Technologies Trualt Bioenergy Ltd is gearing up to launch its IPO , offering investors a chance to participate in India's growing renewable energy sector. The company specializes in bioenergy solutions, including biomass-based fuels and sustainable energy products. With increasing emphasis on clean energy by both government and industry, this IPO is expected to draw attention from retail and institutional investors alike. The DRHP and RHP filings provide detailed information on the IPO. Trualt Bioenergy aims to raise ₹20 Cr through a book-built SME IPO with a price band of ₹95–₹100 per share. Each lot contains 200 shares, making it accessible for small retail investors as well. The IPO opens on 18th September 2025 and closes on 22nd September 2025....

Investing in an Initial Public Offering ( IPO ) can be exciting, but it comes with its own risks and challenges. Many investors, especially beginners, often make mistakes that reduce their chances of a profitable investment. In this comprehensive guide, we will highlight common IPO mistakes and provide actionable tips on how to avoid them, ensuring you make informed decisions for a successful portfolio. Understanding the DRHP (Draft Red Herring Prospectus) and RHP (Red Herring Prospectus) is the first step toward making smart IPO investments. These documents contain crucial details about a company’s financial health, promoter background, and growth potential. Skipping this step is one of the most common pitfalls. Common IPO Mistakes and How to Avoid Them Common Mistake How to Avoid Skipping the DRHP/RHP reading Always review the DRHP and RHP to understand financials, risks, and promoter details. ...

Topic: SME vs Mainboard IPOs; Relevance: All Indian Investors; Updated: 2025-09-28 Investing in the Indian stock market requires understanding the different types of IPOs. IPOs, or Initial Public Offerings, allow companies to raise capital from the public by listing their shares on stock exchanges. In India, IPOs are broadly categorized into SME (Small and Medium Enterprise) IPOs and Mainboard IPOs . Both offer unique investment opportunities, but the risks, benefits, and regulatory frameworks differ significantly. This guide will help IPO investors make informed choices. 1. SME vs Mainboard IPOs: Quick Comparison Feature SME IPO Mainboard IPO Listing Platform NSE Emerge / BSE SME NSE / BSE Mainboard Minimum Capital Requirement ₹10 Crore post-issue ₹3 Crore net tangible assets Compliance Reduced / Relaxed Strict and extensive Risk High Moderate Lot Size Larger, ensures serious investors Smaller, accessible to mo...

IPOName: Rukmani Devi Garg Agro Impex Ltd; ListingDate: 2025‑10‑06; IPOSize: ₹23.52 Cr; PriceBand: ₹93‑₹99; OpenDate: 2025‑09‑26; CloseDate: 2025‑09‑30; LotSize: 2,400; Exchange: BSE SME; IssueType: Fresh Issue; FaceValue: ₹10; Registrar: Bigshare Services Pvt. Ltd. The agro-processing sector continues to attract investor interest as Rukmani Devi Garg Agro Impex Ltd launches its Initial Public Offering (IPO) with a fresh issue aggregating up to ₹23.52 crore. The IPO opens on 26 September 2025 and closes on 30 September 2025 , with a price band set between ₹93 and ₹99 per share of face value ₹10 each. Each lot consists of 2,400 shares, requiring a minimum investment of ₹2,37,600 at the upper band. The issue is entirely a fresh equity offering, with no Offer for Sale (OFS) component. Listing is proposed on BSE SME on 6 October 2025 , with allotment expected by 3 October. Company & Business Profile Incorporated in 1998 and headquartered in Kota, Rajasthan, Rukman...

IPOName: Ameenji Rubber Ltd; ListingDate: 2025-10-06; IPOSize: ₹30.00 Cr; PriceBand: ₹95-₹100; OpenDate: 2025-09-26; CloseDate: 2025-09-30; LotSize: 1,200; Exchange: BSE SME; IssueType: Fresh Issue; FaceValue: ₹10; Registrar: Bigshare Services Pvt. Ltd. The primary market continues to attract interest from IPO Investors as Ameenji Rubber Ltd is set to launch its SME IPO with promising fundamentals. Bidding opens on 26 September 2025 and closes on 30 September 2025 , for a fresh issue aggregating up to ₹30.00 crore. Price band has been fixed at ₹95 to ₹100 per share of face value ₹10 each. Each lot consists of 1,200 shares, meaning a minimum investment of ₹1,14,000 for one lot at the lower band, or ₹1,20,000 at the upper band. The issue is entirely fresh equity, with no Offer for Sale component. Listing is proposed on BSE SME on 6 October 2025 , with allotment expected by 1 October. Company & Business Profile Founded in 2006 and headquartered in Secund...

IPOName: Jinkushal Industries Ltd; ListingDate: 2025-10-03; IPOSize: ₹116.15 Cr; PriceBand: ₹115–₹121; OpenDate: 2025-09-25; CloseDate: 2025-09-29; LotSize: 120; Exchange: NSE, BSE; IssueType: Book Built; FaceValue: ₹10; Registrar: Bigshare Services Pvt. Ltd. Jinkushal Industries Ltd, a diversified player in the industrial manufacturing segment, is all set to launch its Initial Public Offering (IPO) on 25th September 2025 . The issue, with a total size of ₹116.15 crore , is structured as a combination of a fresh issue of 86.36 lakh shares and an Offer for Sale (OFS) of 9.60 lakh shares. The IPO will close on 29th September 2025 , with shares listing on both NSE and BSE on 3rd October 2025 . The price band has been fixed at ₹115 to ₹121 per share , with a lot size of 120 shares , requiring a minimum investment of ₹14,520. The issue will be managed by GYR Capital Advisors , while Bigshare Services Pvt. Ltd. will act as the registrar. Company Overview Jinkushal Indust...

Chatterbox Technologies IPO Review 2025 The primary market in India continues to witness an active pipeline of SME and mainboard IPOs. One of the most awaited issues in September 2025 is the Chatterbox Technologies IPO , which has attracted keen interest from IPO Investors due to its focus on digital communication and enterprise software solutions. This detailed review covers the IPO price band, subscription status, Grey Market Premium (GMP), company background, financials, SWOT analysis, and expert recommendations. Additionally, we explore its DRHP and RHP filings to understand the finer details of the offering. Quick Facts – Chatterbox Technologies IPO IPO Name: Chatterbox Technologies Ltd. IPO Type: Book Built Issue Face Value: ₹10 per equity share IPO Size: ₹72.40 crore (Fresh Issue + OFS) Price Band: ₹90 – ₹95 per share Lot Size: 1,200 shares Minimum Investment: ₹1,14,000 Listing Exchange: NSE SME Registrar: Link Intime India Pvt. Lt...

IPO Name: GK Energy Ltd; Listing Date: 26 Sep 2025; IPO Size: ₹464.26 Cr; Price Band: ₹145–₹153; Open Date: 19 Sep 2025; Close Date: 23 Sep 2025; Lot Size: 98 shares; Exchange: BSE/NSE; Issue Type: Fresh Issue + Offer for Sale; Face Value: ₹2; Registrar: MUFG InTime India Pvt Ltd GK Energy Ltd IPO: Price Band ₹145–₹153, Dates, GMP & Investment Review Introduction: GK Energy Ltd, a Pune-based provider of solar-powered agricultural water pump systems, has launched its Initial Public Offering (IPO) from 19 September 2025 to 23 September 2025 . The issue price is set between ₹145 and ₹153 per share, with a lot size of 98 shares and a total issue size of approximately ₹464.26 crore . The IPO includes both a fresh issue of ₹400 crore and an offer for sale (OFS) of ₹64.26 crore. The company is listed on both the BSE and NSE platforms. For context, similar IPOs in the renewable energy sector include Vikram Solar IPO and Saatvik Green Energy IPO , which provide ins...

IPO Name: Siddhi Cotspin Ltd; Listing Date: 26 Sep 2025; IPO Size: ₹69.85 Cr; Price Band: ₹102–₹108; Open Date: 19 Sep 2025; Close Date: 23 Sep 2025; Lot Size: 1,200; Exchange: NSE SME; Issue Type: Fresh Issue + Offer for Sale; Face Value: ₹10; Registrar: KFin Technologies Ltd Siddhi Cotspin Ltd IPO: Price Band, Dates, Financials & Expert Analysis Introduction: Siddhi Cotspin Ltd, a cotton yarn manufacturer based in Gujarat, has opened its IPO subscription from 19 September 2025 to 23 September 2025 on the NSE SME platform. The issue price has been set between ₹102-₹108 per share , with a lot size of 1,200 shares , and a total issue size of about ₹69.85 crore . It includes both a fresh issue and an offer for sale by existing shareholders. For comparison with recent SME IPOs, see Dev Accelerator IPO Subscription Status and Sampat Aluminium IPO . These give insights into how subscription and listing sentiment are shaping up in similar sectors. IPO Details...

IPO Name: iValue Infosolutions Ltd; Listing Date: 2025-09-25; IPO Size: ₹560.29 Cr; Price Band: ₹284–₹299; Open Date: 2025-09-18; Close Date: 2025-09-22; Lot Size: 50; Exchange: NSE, BSE; Issue Type: Book Built (OFS); Face Value: ₹2; Registrar: Link Intime India Pvt Ltd The IPO investors community is closely watching the iValue Infosolutions Ltd IPO, which is opening on 18 September 2025 and closing on 22 September 2025 . The company has set its price band at ₹284–₹299 per share , with a total issue size of ₹560.29 crore . This issue is a complete Offer for Sale (OFS) of 1.87 crore shares, meaning that no fresh issue of shares will be made, and the proceeds will go to existing shareholders. The minimum lot size is 50 shares, translating to a retail investment of about ₹14,950 at the upper band. About iValue Infosolutions iValue Infosolutions is a leading digital and information technology solutions distributor in India. The company specializes...

IPOName: JD Cables Ltd; ListingDate: [To be confirmed]; IssueSize: [To be confirmed ₹ Cr]; PriceBand: [Min-Max placeholder]; OpenDate: [To be confirmed]; CloseDate: [To be confirmed]; LotSize: [Shares per lot]; Exchange: BSE SME; IssueType: Fresh Issue + OFS; FaceValue: ₹10; Registrar: MUFG Intime India Pvt. Ltd. JD Cables Ltd IPO Review: Fresh Issue & OFS – Financials, SWOT & Investment View Introduction: JD Cables Ltd is set to enter the market with an SME IPO via BSE SME, featuring a hybrid structure of fresh issue + Offer for Sale (OFS). The company is seeking to raise funds to expand its manufacturing reach, strengthen working capital, and reduce existing debt. With 57,00,000 shares in the fresh issue and 8,00,000 by the promoter in OFS, this IPO aims for both growth and partial promoter exit. 3 For comparison, see previous SME IPOs like Sampat Aluminium IPO and Euro Pratik Sales IPO Subscription Status to understand investor sentiment in this segment. ...

Airfloa Rail Technologies IPO – Senior Analyst’s Perspective The Airfloa Rail Technologies IPO has drawn strong interest, closing at a subscription level of 31.72× . As investors await the listing, the key question is: should one Hold, Exit or Add on the listing day? IPO Quick Facts Subscription Rate: 31.72× Lot Size, Price Band, Issue Size: (To be confirmed from RHP / IPO filings) Listing Date: (If announced) Exchange: NSE / BSE (expected) Registrar: (To be verified) Subscription Composition Although full breakup is pending, the high overall subscription suggests strong demand across investor categories (Retail, NII / HNI, QIB). This level (~31.72×) indicates confidence in business fundamentals or listing potential. Grey Market Premium / Sentiment GMP data for Airfloa Rail Technologies, if available, could hint at expected listing gains. In similar SME IPOs which subscribed heavily, GMP has tended to show gains of 20-30% or...

Dev Accelerator IPO – Analyst Perspective The Dev Accelerator IPO closed with a remarkable subscription of 31.11x , reflecting strong investor appetite. With the listing date set for 17 September 2025 , investors are debating whether to Hold, Exit or Add positions post-listing. Quick Facts – Dev Accelerator IPO IPO Size: ₹143.35 crore Price Band: ₹56 – ₹61 Lot Size: 235 shares Listing Date: 17 September 2025 Exchanges: NSE, BSE Registrar: KFin Technologies Subscription Breakup The IPO received robust demand across investor categories: Retail Investors: 24.7x Non-Institutional Investors (NII/HNI): 39.2x Qualified Institutional Buyers (QIB): 52.4x This indicates broad-based participation, with strong institutional support suggesting long-term confidence in the company. GMP Trends The latest Dev Accelerator IPO GMP indicates a premium of ₹18–₹20 in the grey market. While GMP is only an unoffic...