GMPRADAR

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...

IPOName: LT Elevator Ltd; ListingDate: 19 Sep 2025; IssueSize: ₹39.37 Cr; PriceBand: ₹76–₹78; OpenDate: 12 Sep 2025; CloseDate: 16 Sep 2025; LotSize: 1,600; Exchange: BSE SME; IssueType: Book Built; FaceValue: ₹10; Registrar: Cameo Corporate Services Ltd. LT Elevator Ltd IPO: Price Band, Financials & Investor Review Introduction: LT Elevator Ltd, a manufacturer and service provider in the vertical transportation industry (elevators, escalators, moving walkways), is coming out with its SME IPO starting **12 September 2025** and closing on **16 September 2025**. The issue is entirely a fresh issue, priced in the band of **₹76-78 per share**, with a lot size of **1,600 shares**. Listing is expected on the **BSE SME** platform on **19 September 2025**. :contentReference[oaicite:0]{index=0} For comparable SME IPOs, check our analysis of Sampat Aluminium IPO and Dev Accelerator IPO Subscription Status . These can give useful context on subscription trends. :contentReference[oai...

IPOName: TechD Cybersecurity Ltd; ListingDate: 2025-09-22; IssueSize: ₹38.99 Cr; PriceBand: ₹183–₹193; OpenDate: 2025-09-15; CloseDate: 2025-09-17; LotSize: 600; Exchange: NSE SME; IssueType: Fresh Issue; FaceValue: ₹10; Registrar: Purva Sharegistry (India) Pvt Ltd TechD Cybersecurity Ltd IPO Review 2025: Price Band, Financials, SWOT & Investment Analysis TechD Cybersecurity Ltd, formerly known as TechDefence Labs Solutions, is set to launch its SME IPO with strong backing from ace investor Vijay Kedia. The IPO opens on 15 September 2025 and closes on 17 September 2025 . Shares will be listed on the NSE SME Emerge platform with a tentative listing date of 22 September 2025 . The company provides cybersecurity solutions with focus on MSSP (Managed Security Services), regulatory compliance, program management, and threat intelligence. Over the years, it has catered to 470+ clients , including SEBI-registered intermediaries, fintechs, cooperative banks, and SMEs. ...

IPOName: Sampat Aluminium Ltd; ListingDate: 2025-09-20; IPOSize: ₹28.75 Cr; PriceBand: ₹64–₹68; OpenDate: 2025-09-12; CloseDate: 2025-09-16; LotSize: 2000; Exchange: NSE SME; IssueType: Book Built; FaceValue: ₹10; Registrar: KFin Technologies About Sampat Aluminium Ltd IPO Sampat Aluminium Ltd, a leading manufacturer in the aluminium sector, is coming up with its SME IPO to be listed on the NSE SME platform. The company specializes in aluminium profiles and extrusions catering to diverse industrial applications. With increasing demand in construction, infrastructure, and electrical industries, the IPO is expected to draw attention from both retail and institutional investors. IPO Details at a Glance IPO Name Sampat Aluminium Ltd Listing Date 20 September 2025 Issue Size ₹28.75 Crores Price Band ₹64 – ₹68 Open Date 12 September 2025 Close Date 16 September 2025 Lot Size 2000 shares Exchange NSE SME Issue Type Book Built Issue Face Value ₹10 Regis...

IPO Name: VMS TMT Ltd; Listing Date: 25 Sep 2025; Issue Size: ₹143.35 Cr; Price Band: ₹56–₹61; Open Date: 17 Sep 2025; Close Date: 19 Sep 2025; Lot Size: 235 shares; Exchange: BSE, NSE; Issue Type: Book Built; Face Value: ₹10; Registrar: Kfin Technologies Ltd. VMS TMT Ltd IPO: Subscription, Financials & Investment Analysis Introduction: VMS TMT Ltd, established in 2013 and based in Ahmedabad, specializes in manufacturing Thermo Mechanically Treated (TMT) bars. The company is set to launch its IPO from 17th to 19th September 2025, aiming to raise approximately ₹143.35 crore. The issue comprises a fresh issue of 1.5 crore equity shares with a face value of ₹10 each. The price band is set between ₹56 and ₹61, and the minimum application lot size is 235 shares, translating to an application amount of ₹14,335. The IPO will be listed on both BSE and NSE on 25th September 2025. Financial Snapshot: Financial Metric FY 2023-24 FY 2022-23 FY 2021-22 Total Income (₹ Cr) 8...

An IPO investor is a person or organization that purchases shares offered in an initial public offering of a company. Investors make this purchase with the expectation of making a profit. The process of buying IPO shares is very different from buying shares on the stock market. The company allots the shares within 7 days after the IPO closes. IPO Investor Category Each type of IPO investor has its own rules for IPO application, reserve ratio, and share allocation mechanism. Let us understand the types of IPO investors in detail. 1. Retail Individual Investors (RII) Retail Individual Investors (RII) are individual investors applying in IPOs. For SME IPOs, they are simply referred to as Individual Investors. Key Features: Mainboard vs SME (Post 1 July 2025) Terminology: Mainboard - RII, SME - Individual Investor Minimum Application Size: Mainboard - 1 lot, SME - 2 lots Investment Limit: Up to Rs 2 lakhs (Mainboard), Max 2 lots (SME) Reservation (Book-Building): Minimum 35% re...