# IPO Track — Full Database & Content Dump

> Complete structured text data for all initial public offerings (IPOs), grey market premiums (GMP), allotment registrars, and articles.

## 1. All Initial Public Offerings (IPOs)

### Lohia Corp (LOHIACORP)
- **URL:** https://ipotrack.in/ipo/lohia-corp
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** ₹404 – ₹425
- **Lot Size:** 35 Shares
- **Total Issue Size:** 1101.28
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 1101.28
- **Bidding Window:** 23 Jul 2026 to 27 Jul 2026
- **Allotment Finalization:** 28 Jul 2026
- **Refund Initiation:** 29 Jul 2026
- **Share Credit Date:** 29 Jul 2026
- **Listing Date:** 30 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹56 (Gain: 13.18%)
- **Estimated Listing Price:** ₹481
- **Key Strengths:** Lohia Corp Limited held a leading 15.4% global market share by value in the woven raffia machinery market in 2024.; The company held a dominant domestic position in India with a 40.7% market share by value in Fiscal 2025.; It operates a global manufacturing footprint consisting of six facilities located across India, the USA, and Italy.; The company maintains strong in-house R&D capabilities supported by 251 dedicated employees representing 12.49% of its workforce.; It possesses a broad intellectual property portfolio with 71 granted patents in India and 56 granted patents globally.
- **Key Risks:** The company is heavily dependent on woven raffia machines, which accounted for 88.16% of total revenue from operations in Fiscal 2026.; Sourcing a significant portion of raw materials and components from overseas suppliers exposes the business to import restrictions and tariff changes.; Generating 42.18% of Fiscal 2026 revenue from operations outside India exposes the company to foreign currency fluctuation risks.; Production is reliant on six manufacturing facilities, making operations vulnerable to localised slowdowns, breakdowns, or labour disruptions.; Fluctuations in the price or availability of primary raw materials could adversely affect operational costs and profit margins.
- **About Company:** Lohia Corp Limited is a leading global manufacturer of machinery and equipment for technical textiles, specialising in solutions for producing polypropylene (PP) and high-density polyethene (HDPE) woven fabric and sacks (Raffia). The company designs, manufactures, and supplies a comprehensive range of processing and weaving machinery, including tape extrusion lines, circular looms, and tape winders, alongside offering spare parts and after-sales services. It operates through six manufacturing facilities across India, the US, and Italy, serving end-use markets across sectors like agriculture, construction, geotextiles, and consumer packaging. Lohia Corp generates revenue primarily from the sale of its woven raffia machinery and spare parts. In addition to its core equipment offerings, the company manufactures flexible intermediate bulk containers (FIBC) and yarn at its live experience centre and is expanding into recycling machinery for plastic waste.

### Xtranet Technologies (XTRANET)
- **URL:** https://ipotrack.in/ipo/xtranet-technologies
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** ₹120 – ₹127
- **Lot Size:** 110 Shares
- **Total Issue Size:** 166.80
- **Fresh Issue:** 166.80
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 23 Jul 2026 to 27 Jul 2026
- **Allotment Finalization:** 28 Jul 2026
- **Refund Initiation:** 29 Jul 2026
- **Share Credit Date:** 29 Jul 2026
- **Listing Date:** 30 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹26 (Gain: 20.47%)
- **Estimated Listing Price:** ₹153
- **Key Strengths:** The company provides integrated IT solutions spanning enterprise applications, managed services, digital services, and proprietary platforms.; The company has an unexecuted Order Book standing at ₹35,695.70 lakhs as of April 30, 2026.; The company secured a 99-year lease from the Governor of Madhya Pradesh for land dedicated to its IT Park operations.; The company serves a client base across both public and private sectors in verticals including automotive, education, and financial services.; The company maintains proprietary digital solutions and software platforms including XtraTrust, eatNstay, and Peddle Point.
- **Key Risks:** The company depends heavily on a limited client base, with its top 10 customers generating 86.72% of Fiscal 2026 revenue.; The company is exposed to public-sector procurement risks, with Government and PSU clients accounting for 47.06% of Fiscal 2026 revenue.; The company faces geographic concentration risk, with 85.72% of Fiscal 2026 revenue derived from operations in Maharashtra, Madhya Pradesh, and Delhi.; The company relies significantly on vendor concentration, with its top 10 suppliers accounting for 95.24% of total purchases in Fiscal 2026.; The company operates with high working capital requirements, holding ₹11,133.06 lakhs in trade receivables and ₹7,769.36 lakhs in inventory as of Fiscal 2026.
- **About Company:** Xtranet Technologies Limited is an information technology solutions provider that delivers services across enterprise applications, managed services, digital services, and proprietary platforms. The company engages in system integration, enterprise resource planning implementation, cybersecurity, cloud services, and data center management. It caters to government departments, public sector undertakings, and private sector entities operating across diverse industry verticals. Xtranet Technologies Limited generates revenue through a combination of fixed-price contracts, time-and-materials arrangements, and recurring service agreements, obtaining projects through direct competitive bidding and indirect channels such as subcontractors or consortium partners. In addition to delivering IT services, the company procures hardware, software products, and networking components from external suppliers to execute and fulfill its project commitments.

### Shree Balaji (Mala) Textiles (MALA)
- **URL:** https://ipotrack.in/ipo/shree-balaji-mala-textiles
- **Type:** SME | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** ₹66 – ₹70
- **Lot Size:** 2000 Shares
- **Total Issue Size:** 18.90
- **Fresh Issue:** 18.90
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 22 Jul 2026 to 24 Jul 2026
- **Allotment Finalization:** 27 Jul 2026
- **Refund Initiation:** 28 Jul 2026
- **Share Credit Date:** 28 Jul 2026
- **Listing Date:** 29 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Experienced Promoters possessing deep domain knowledge to effectively scale up the business operations.; Possession of a vast, versatile, and diversified product portfolio of sarees for women.; Maintained long-standing operational relationships with a network of third-party job workers.; Established business ability to procure fabric and material requirements in bulk quantities.; Presence of a management team and an efficient operational team with established track records.
- **Key Risks:** A substantial portion of total revenue is highly concentrated on a single product segment of cotton sarees.; Operations are highly dependent on third-party job workers who manufacture approximately 95% of the products.; Revenue generation is heavily concentrated in the Eastern India region, heightening exposure to regional risks.; The company experienced negative cash flows from operating activities during the recent 2026 fiscal year.; Business operations are dependent on a domestic market and subject to seasonal demand variations around regional festivals.
- **About Company:** Shree Balaji (Mala) Textiles Limited is an ethnic apparel company primarily focused on the sale of women’s sarees under its distinctive brand, Mala. The company’s core business revolves around its main product specialisation, cotton sarees, alongside embroidery and fancy sarees. It generates revenue from operations through product sales and sales of services to a business-to-business-focused market. Strategically adopting an asset-light operating model, the company relies heavily on outsourcing, manufacturing approximately 95% of its products through an extensive network of independent third-party job workers. While the company maintains its own manufacturing facility in Jetpur, Gujarat, the majority of its production processes, such as bleaching, printing, and embellishments, are outsourced to these intermediaries. The business relies heavily on traditional distribution channels, serving a wide network of retailers, wholesalers, and dealers, with its primary revenue generation heavily concentrated within the Eastern India region.

### Metalic Technoforge (METALIC)
- **URL:** https://ipotrack.in/ipo/metalic-technoforge
- **Type:** SME | **Exchanges:** NSE SME
- **Status:** LIVE
- **Price Band:** ₹72 – ₹77
- **Lot Size:** 1600 Shares
- **Total Issue Size:** 49.96
- **Fresh Issue:** 49.96
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 21 Jul 2026 to 23 Jul 2026
- **Allotment Finalization:** 24 Jul 2026
- **Refund Initiation:** 27 Jul 2026
- **Share Credit Date:** 27 Jul 2026
- **Listing Date:** 28 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Serves prominent automotive and industrial original equipment manufacturers in both domestic and international markets.; Houses forging, heat treatment, and precision machining processes within an integrated manufacturing system in Rajkot.; Holds premium international engineering accreditations including IATF 16949:2016 and pressure equipment certifications.; Supplies critical metal components to diverse industries, including farm equipment, hydraulics, and oil and gas sectors.; Utilises in-house infrastructure for tooling, die manufacturing, and specialised design simulation software.
- **Key Risks:** Derives 64.61% of its total operational revenue from the top 10 customers.; Concentrates over 62% of domestic sales within Gujarat, Maharashtra, and Uttar Pradesh.; Depends significantly on gears and transmission components for its core revenue generation.; Sources a substantial majority of its raw material purchases exclusively from suppliers in Gujarat.; Faces high workforce instability with employee attrition rates reaching up to 24.18%.
- **About Company:** Incorporated in 2016, Metalic Technoforge Limited is an Indian manufacturer specialising in precision-engineered forged and machined metal components. The company’s core business operations comprise forging, heat treatment, and precision machining processes. It serves domestic and international original equipment manufacturers (OEMs) across multiple industrial sectors, including farm equipment, general engineering, oil and gas, hydraulic cylinders, and construction equipment. Metalic Technoforge generates its revenue through the sale of key products such as gears, transmission components, hydraulic application parts, and general engineering components, alongside processing fees earned from custom job work services. Operating from its integrated manufacturing facilities in Rajkot, Gujarat, the company has established a specialised market presence supported by international quality certifications like IATF 16949:2016 and PED-2014/68/EU, serving prominent industrial hubs in states like Gujarat and Maharashtra, as well as export markets including Germany and the United States.

### Cube Highways Trust (CUBE)
- **URL:** https://ipotrack.in/ipo/cube-highways-trust
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** ₹151 – ₹152
- **Lot Size:** 95 Shares
- **Total Issue Size:** 5000
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 5000
- **Bidding Window:** 22 Jul 2026 to 24 Jul 2026
- **Allotment Finalization:** 29 Jul 2026
- **Refund Initiation:** 30 Jul 2026
- **Share Credit Date:** 30 Jul 2026
- **Listing Date:** 31 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Operates a diversified portfolio of highway assets across multiple states and concession models.; Uses proprietary digital tools for real-time asset monitoring and performance benchmarking.; Operational efficiency initiatives have helped keep operation and maintenance costs stable.; Follows a diversified procurement strategy with multiple suppliers to improve cost efficiency and reduce supply risks.; Long-term procurement arrangements and bulk purchasing help manage maintenance costs and improve supply security.
- **Key Risks:** Competing expressways may divert traffic and reduce toll revenue on some road assets.; Failure to keep pace with new technologies could reduce competitiveness and project opportunities.; Extreme weather events such as floods and cyclones can damage roads and disrupt traffic.; Climate-related uncertainties may increase maintenance costs and affect long-term traffic and revenue assumptions.; Disruptions in the supply of key materials can delay maintenance and infrastructure activities.
- **About Company:** Cube Highways Trust is an infrastructure investment trust (InvIT) that owns and invests in road infrastructure assets across India through special purpose vehicles (SPVs). The Trust primarily invests in operational highway projects developed under concession agreements with the National Highways Authority of India (NHAI) and state authorities across multiple models, including Toll-Operate-Transfer (TOT), Design-Build-Finance-Operate-Transfer (DBFOT), Build-Operate-Transfer (BOT) Annuity and Hybrid Annuity Model (HAM). As of March 31, 2026, it had investments in 27 road assets, with all projects owned, operated and maintained through its SPVs. The Trust is managed by Cube Highways Fund Advisors Private Limited and follows the regulatory framework applicable to InvITs. Its objective is to generate returns by investing in eligible infrastructure assets and related investments in accordance with the InvIT Regulations and its trust documents.

### Lotus Petal Charitable Foundation (LPCFZCZP)
- **URL:** https://ipotrack.in/ipo/lotus-petal-charitable-foundation
- **Type:** SSE | **Exchanges:** NSE/BSE
- **Status:** LIVE
- **Price Band:** ₹1
- **Lot Size:** 1000 Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Lotus Petal Foundation is a not-for-profit organisation founded in 2011 that works to improve the lives of underserved communities through education, nutrition, livelihood, and skill development initiatives. Its flagship CBSE-affiliated Lotus Petal Senior Secondary School provides holistic education to children from disadvantaged backgrounds, while its Jeevika Skill Development Program equips youth with industry-relevant skills and placement support. Through the Vidya Sahyog Program, the foundation also extends digital learning support to schools across multiple states. Its initiatives are built around three core pillars—Education, Nutrition, and Livelihood—to promote the overall development of children and their families. The foundation also focuses on sustainability through solar-powered infrastructure, rainwater harvesting, and environmental awareness initiatives, aiming to create long-term social impact while operating with a low administrative cost structure.

### Dignity Education Vision International (DEVI Sansthan) (DEVIZCZP)
- **URL:** https://ipotrack.in/ipo/dignity-education-vision-international-devi-sansthan
- **Type:** SSE | **Exchanges:** NSE/BSE
- **Status:** LIVE
- **Price Band:** ₹1
- **Lot Size:** 1000 Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Dignity Education Vision International (DEVI Sansthan) is a non-profit organisation working to improve foundational literacy and numeracy (FLN) among children through research-backed education solutions. Established in 1992, the organisation partners with governments, schools, NGOs, and CSR organisations to strengthen early-grade learning at scale. Its flagship Accelerating Learning for All (ALfA) pedagogy uses child-centric, peer-learning methods to help children achieve grade-level reading and numeracy skills in a significantly shorter time. DEVI also trains teachers, supports education system reforms, and develops innovative learning resources to improve classroom outcomes. The organisation has implemented its programmes in over 10,000 government schools, trained 40,000+ teachers, and directly impacted more than 8 lakh students across multiple Indian states. Through scalable, evidence-based interventions, DEVI Sansthan aims to make quality foundational education accessible to every child while supporting India’s National Education Policy and Sustainable Development Goal 4.

### Gulf Lloyds (India) (GULF)
- **URL:** https://ipotrack.in/ipo/gulf-lloyds-india
- **Type:** SME | **Exchanges:** NSE/BSE
- **Status:** LIVE
- **Price Band:** ₹100
- **Lot Size:** 1200 Shares
- **Total Issue Size:** 18.19
- **Fresh Issue:** 18.19
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 20 Jul 2026 to 22 Jul 2026
- **Allotment Finalization:** 23 Jul 2026
- **Refund Initiation:** 24 Jul 2026
- **Share Credit Date:** 24 Jul 2026
- **Listing Date:** 27 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Offers a comprehensive range of inspection, auditing, testing, training and certification services.; Has a large assignment pipeline and serves clients across multiple industry sectors.; Operates with accredited and recognised quality and compliance processes.; Supported by an experienced, technically qualified team for inspection and audit services.; Focuses on continuous employee training and skill development to maintain service quality.
- **Key Risks:** Revenue depends on a limited number of customers, and losing key clients could impact the business.; The company relies on a third-party NABL-accredited laboratory for certain testing services.; Errors or deficiencies in inspection and testing reports could damage reputation and lead to liabilities.; The business is subject to NABCB inspections and changing accreditation requirements that could affect operations.; A significant share of revenue comes from Gujarat, making the business sensitive to adverse developments in the state.
- **About Company:** Gulf Lloyds (India) Limited operates in the services sector, providing third-party inspection, verification, auditing, testing, training and certification services to public sector undertakings as well as private organisations across multiple industries. The company deploys trained and technically qualified personnel to carry out inspection, verification and audit assignments in accordance with client requirements and applicable standards. Its services support quality assurance, regulatory compliance and operational requirements across different sectors. The company generates revenue primarily from inspection and other related service assignments, with domestic operations contributing the majority of its income, while it also undertakes select international assignments. Gulf Lloyds follows a service-led business model focused on technical expertise and compliance with recognised inspection and certification standards. Its operations are supported by qualified professionals, established quality systems and inspection procedures designed to meet industry and regulatory requirements.

### Caliber Mining and Logistics (CMLL)
- **URL:** https://ipotrack.in/ipo/caliber-mining-and-logistics
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** LIVE
- **Price Band:** ₹402 – ₹424
- **Lot Size:** 35 Shares
- **Total Issue Size:** 450
- **Fresh Issue:** 400
- **Offer For Sale (OFS):** 50
- **Bidding Window:** 17 Jul 2026 to 21 Jul 2026
- **Allotment Finalization:** 22 Jul 2026
- **Refund Initiation:** 23 Jul 2026
- **Share Credit Date:** 23 Jul 2026
- **Listing Date:** 24 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Provides integrated end-to-end coal mining and logistics services under a single operating model.; Owns and operates a large fleet of 1,911 vehicles, plant and machinery to support mining operations.; Has a strong order book of ₹9,55,089.08 lakh, providing revenue visibility over the coming years.; Led by experienced promoters and supported by a team of over 300 managers and administrative employees.; Revenue from operations grew at a CAGR of 32.67% between FY24 and FY26.
- **Key Risks:** The company depends heavily on a few customers, with its top three contributing 90.11% of FY26 revenue.; Mining contracts may be terminated or penalties may be imposed, which could affect the business.; Operations are affected by seasonal changes, and heavy monsoons can disrupt mining activities.; The business operates in a highly competitive industry, which may affect growth and profitability.; Demand for its services depends largely on the coal mining sector and overall demand for coal in India.
- **About Company:** Caliber Mining and Logistics Limited is an integrated mining and logistics company providing end-to-end services across the coal mining value chain. The company undertakes contract coal extraction, overburden removal, coal loading and unloading, road transportation, rake loading, rail coordination services, and coal trading. It primarily generates revenue from contract mining services and logistics operations, with coal mining contributing the majority of its revenue. Its operations are spread across Maharashtra, Madhya Pradesh and Chhattisgarh, where it executes projects for Coal India subsidiaries and other customers, although it does not own any mines. The company operates a large fleet of vehicles, plant and machinery to support its integrated service model. By offering mining and logistics services under one platform, it provides customers with a single-point solution for coal movement from extraction to transportation. As of May 15, 2026, the company had an order book of ₹9,55,089.08 lakh, providing revenue visibility for its ongoing operations.

### Sotefin Bharat (SOTEFIN)
- **URL:** https://ipotrack.in/ipo/sotefin-bharat
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹178 – ₹187
- **Lot Size:** 600 Shares
- **Total Issue Size:** 89.76
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 16 Jul 2026 to 20 Jul 2026
- **Allotment Finalization:** 21 Jul 2026
- **Refund Initiation:** 22 Jul 2026
- **Share Credit Date:** 22 Jul 2026
- **Listing Date:** 23 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹2 (Gain: 1.06%)
- **Estimated Listing Price:** ₹189
- **Key Strengths:** Provides end-to-end automated parking solutions covering design, manufacturing, installation and maintenance.; Manufactures key structural components in-house while integrating patented parking technology from Sotefin SA.; Has completed over 55 projects and was executing more than 30 projects as of March 31, 2026.; Serves government bodies and private real estate developers across automated parking projects.; Offers operations and maintenance (O&M) services beyond project execution.
- **Key Risks:** The company depends on patented parking robot technology sourced from Sotefin SA, Switzerland.; Its business relies heavily on a few customers, with the top 10 contributing over 91% of FY26 revenue.; A large share of revenue comes from government projects, exposing it to policy changes and payment delays.; Disruptions in third-party raw material or component supplies could affect operations and increase costs.; Project execution delays could lead to penalties and liquidated damages under customer contracts.
- **About Company:** Sotefin Bharat Limited provides mechanised and automated parking solutions through turnkey projects. The company designs, manufactures, installs, commissions, and maintains automated parking systems, integrating the required supporting infrastructure to deliver complete end-to-end solutions. Its product portfolio includes customised automated parking systems designed to maximise space utilisation and address different parking requirements. The company manufactures key structural components in-house at its Bagnan, Howrah facility, while sourcing certain specialised components and patented robotic technology from Sotefin SA, Switzerland. It generates revenue primarily by executing parking system projects for government bodies and private real estate developers, along with operations and maintenance (O&M) services. As of March 31, 2026, it had completed more than 55 projects and was executing over 30 projects across India and select international markets, including the United States and Dubai.

### SBI Funds Management (SBIFUNDS)
- **URL:** https://ipotrack.in/ipo/sbi-funds-management-sbifunds
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹545 – ₹574
- **Lot Size:** 26 Shares
- **Total Issue Size:** 9812.91
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 9812.91
- **Bidding Window:** 14 Jul 2026 to 16 Jul 2026
- **Allotment Finalization:** 17 Jul 2026
- **Refund Initiation:** 20 Jul 2026
- **Share Credit Date:** 20 Jul 2026
- **Listing Date:** 21 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹96 (Gain: 16.72%)
- **Estimated Listing Price:** ₹670
- **Official Listing Price:** ₹613 (Gain: 6.85%)
- **Key Strengths:** Largest asset management company in India by mutual fund QAAUM, benefiting from scale and operating leverage.; Strong SIP franchise with high investor retention and a large base of long-term systematic investors.; Backed by SBI’s distribution network and Amundi’s global asset management expertise.; Wide pan-India distribution network covering most PIN codes through multiple channels.; Robust technology platform supports large transaction volumes and strong digital investor engagement.
- **Key Risks:** Revenue and profitability depend heavily on QAAUM, making earnings sensitive to market movements and investor redemptions.; Faces intense competition from other asset management companies and alternative investment products.; A significant portion of revenue comes from managing SBI Mutual Fund schemes, creating customer concentration risk.; Changes in regulations governing the asset management industry could affect operations and profitability.; Poor investment performance of its schemes could reduce investor inflows and increase redemptions, impacting business growth.
- **About Company:** SBI Funds Management Limited is an asset management company that manages SBI Mutual Fund schemes and also offers portfolio management services (PMS), advisory services, and alternative investment funds (AIFs). It primarily earns management fees from these investment products, with mutual funds contributing most of its revenue. The company also provides digital platforms for investors and distributors, operates international subsidiaries offering offshore investment products, and manages assets across multiple asset classes under SEBI’s regulatory framework. Read more at The Daily Brief by Zerodha

### Millworks Technologies (MILLTECH)
- **URL:** https://ipotrack.in/ipo/millworks-technologies
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** UPCOMING
- **Price Band:** ₹315 – ₹331
- **Lot Size:** 400 Shares
- **Total Issue Size:** 160.34
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 14 Jul 2026 to 16 Jul 2026
- **Allotment Finalization:** 17 Jul 2026
- **Refund Initiation:** 20 Jul 2026
- **Share Credit Date:** 20 Jul 2026
- **Listing Date:** 21 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹395 (Gain: 119.34%)
- **Estimated Listing Price:** ₹726
- **Key Strengths:** Experienced promoters with deep domain knowledge in precision engineering.; The management team has an established execution and operating track record.; Proven history of successfully completing customer orders across sectors.; Precision manufacturing capabilities across machining, sheet metal fabrication, and sub-assemblies under both Build-to-Print and Build-to-Spec models.; Four manufacturing facilities in Bengaluru support production for railways, aerospace, defence, and semiconductor customers.
- **Key Risks:** Revenue has fluctuated significantly in the past and may continue to remain volatile.; High trade receivables increase working capital needs and collection risk.; Rising raw material prices could adversely affect profitability.; The business has high working capital requirements, which may impact operations and liquidity.; Changes in the Ministry of Railways’ policies could negatively affect the business.
- **About Company:** Millworks Technologies Limited is a precision engineering company engaged in manufacturing machined components, sheet metal parts, and integrated assemblies used in mission-critical applications across the railways, aerospace, defence, and semiconductor sectors. The company operates under both Build-to-Print (BTP) and Build-to-Spec (BTS) models, manufacturing products based either on customer drawings or functional and performance requirements. It also undertakes job-work assignments and primarily supplies to original equipment manufacturers (OEMs). Its manufacturing capabilities include precision machining, sheet metal fabrication, sub-assembly, welding, and inspection, supported by four manufacturing facilities in Bengaluru equipped with advanced CNC machines and quality testing infrastructure. The company maintains AS9100D and ISO 9001:2015 certified quality management systems across its facilities. It generates revenue from manufacturing and supplying precision-engineered components, with exports contributing a portion of its revenue through sales to customers across multiple international markets.

### Alpine Texworld (ALPINE)
- **URL:** https://ipotrack.in/ipo/alpine-texworld
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹100 – ₹105
- **Lot Size:** 142 Shares
- **Total Issue Size:** 126.25
- **Fresh Issue:** 126.25
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 14 Jul 2026 to 16 Jul 2026
- **Allotment Finalization:** 17 Jul 2026
- **Refund Initiation:** 20 Jul 2026
- **Share Credit Date:** 20 Jul 2026
- **Listing Date:** 21 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹0 (Gain: -%)
- **Estimated Listing Price:** ₹105
- **Key Strengths:** Integrated spinning and weaving operations help improve production efficiency and quality consistency.; Backward integration has reduced dependence on externally sourced yarn.; Experienced promoters bring execution capabilities and industry expertise.; Solar power installations help offset a part of the company’s energy requirements.; The business serves multiple customers across the textile value chain through grey fabric and yarn manufacturing.
- **Key Risks:** Over 70% of revenue comes from the top 10 customers, with no firm long-term commitments.; The company depends on a limited number of key suppliers for raw materials.; Fluctuations in cotton and yarn prices can affect production costs and profitability.; Delays in approvals for the proposed new manufacturing unit could impact expansion plans.; Most manufacturing facilities and key suppliers are concentrated in Gujarat, exposing the business to location-specific risks.
- **About Company:** Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company operates in the weaving and spinning segments and also provides yarn sizing services. It follows a vertically integrated manufacturing model, where processed cotton is converted into yarn through open-end spinning, and the yarn is further woven into grey fabric using airjet looms. The company generates revenue primarily from the sale of grey fabric and yarn to customers in the textile value chain. Its operations are supported by two manufacturing units located adjacent to each other in Ahmedabad, enabling operational synergies and efficient production. The company has also invested in rooftop and ground-mounted solar power facilities to partially meet its energy requirements. Additionally, through its subsidiary, it has expanded its weaving capacity as part of its backward integration strategy, strengthening its manufacturing capabilities.

### Happy Steels (HAPPY)
- **URL:** https://ipotrack.in/ipo/happy-steels
- **Type:** SME | **Exchanges:** NSE SME
- **Status:** CLOSED
- **Price Band:** ₹62 – ₹66
- **Lot Size:** 2000 Shares
- **Total Issue Size:** 25
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 09 Jul 2026 to 13 Jul 2026
- **Allotment Finalization:** 14 Jul 2026
- **Refund Initiation:** 15 Jul 2026
- **Share Credit Date:** 15 Jul 2026
- **Listing Date:** 16 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹10 (Gain: 15.15%)
- **Estimated Listing Price:** ₹76
- **Key Strengths:** Integrated manufacturing capabilities covering forging, heat treatment and precision machining.; Specialises in safety-critical, high-strength and load-bearing transmission and driveline components.; Strong relationships with OEMs and Tier-I suppliers supported by consistent quality and timely delivery.; Advanced manufacturing systems enable both high-volume production and complex customised components.; Supplies products across domestic and overseas markets, helping diversify its customer base and revenue.
- **Key Risks:** A large share of revenue comes from the top ten customers, with no long-term supply agreements in place.; The company depends on a limited number of suppliers, and supply disruptions could affect operations.; Business is largely concentrated in Punjab, Haryana and Tamil Nadu, exposing it to regional risks.; Workforce disruptions, labour disputes or rising wage costs could impact manufacturing operations.; Inability to obtain, maintain or protect its intellectual property rights may affect its brand and business.
- **About Company:** Happy Steels Limited is an integrated manufacturer of safety-critical forged and machined transmission and driveline components used in on-highway, off-highway, electric vehicle (EV), and defence applications. The company manufactures a range of products including axles, long spline shafts, spindles, and other related components that are essential for vehicle performance and safety. It primarily generates revenue from supplying these components to original equipment manufacturers (OEMs) and Tier-I suppliers in India and overseas. Its manufacturing process is integrated and covers raw material procurement, forging, heat treatment, precision machining, gear cutting, drilling, surface hardening, grinding, inspection, and packing. This enables the company to produce components with the required mechanical properties, dimensional accuracy, and consistency as per customer specifications. The company specialises in manufacturing high-strength, load-bearing components through its in-house production capabilities and stringent quality control processes.

### Laser Power and Infra (LASERPOWER)
- **URL:** https://ipotrack.in/ipo/laser-power-and-infra
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** CLOSED
- **Price Band:** ₹203 – ₹214
- **Lot Size:** 70 Shares
- **Total Issue Size:** 742
- **Fresh Issue:** 542
- **Offer For Sale (OFS):** 200
- **Bidding Window:** 09 Jul 2026 to 13 Jul 2026
- **Allotment Finalization:** 14 Jul 2026
- **Refund Initiation:** 15 Jul 2026
- **Share Credit Date:** 15 Jul 2026
- **Listing Date:** 16 Jul 2026
- **Registrar:** TBA
- **Current GMP:** 30 (Gain: 14.01%)
- **Estimated Listing Price:** ₹244
- **Official Listing Price:** ₹250 (Gain: 16.82%)
- **Key Strengths:** Integrated business model spanning power cable and conductor manufacturing along with EPC execution.; Supplies specialised conductors through a manufacturing partnership with TS Conductor Corp, USA.; Operates three manufacturing units with in-house production capabilities in West Bengal.; Serves both product manufacturing and power transmission EPC businesses, providing multiple revenue streams.; Long operating history dating back to 1988 in the power infrastructure sector.
- **Key Risks:** The business depends significantly on the timely execution of EPC projects, and delays or cost overruns could affect profitability.; Operations require a continuous supply of key raw materials, and disruptions or price increases may impact margins.; The company operates in a highly competitive power cables, conductors and EPC industry.; A large portion of the IPO proceeds will be used to repay borrowings, reflecting a significant debt position.; The business is exposed to risks from changes in government policies, infrastructure spending and the overall economic environment.
- **About Company:** Laser Power & Infra Limited operates in the power transmission and distribution sector through two integrated businesses: manufacturing and EPC (engineering, procurement and construction). It manufactures power cables and conductors and executes power infrastructure projects, including construction, installation, testing and commissioning. The company earns revenue from product sales and EPC contracts. It operates three manufacturing units in West Bengal with in-house testing and R&D facilities, supplies both third-party customers and its EPC division, and also serves select international markets.

### Devson Catalyst (DEVSON)
- **URL:** https://ipotrack.in/ipo/devson-catalyst
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹112 – ₹118
- **Lot Size:** 1200 Shares
- **Total Issue Size:** 42.34
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 2.95
- **Bidding Window:** 09 Jul 2026 to 13 Jul 2026
- **Allotment Finalization:** 14 Jul 2026
- **Refund Initiation:** 15 Jul 2026
- **Share Credit Date:** 15 Jul 2026
- **Listing Date:** 16 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹49 (Gain: 41.53%)
- **Estimated Listing Price:** ₹167
- **Official Listing Price:** ₹196 (Gain: 66.23%)
- **Key Strengths:** Manufactures catalysts, adsorbents and ceramic balls for multiple industrial applications from a single facility.; ISO 9001:2015 and ISO 45001:2018 certified manufacturing operations with established quality systems.; Serves customers across domestic and international markets in oil and gas, petrochemicals, steel and fertiliser industries.; Strong technical and manufacturing capabilities support consistent product quality and timely deliveries.; Focuses on developing new catalyst and adsorbent products to expand its product portfolio and customer base.
- **Key Risks:** A significant portion of revenue comes from the petrochemical industry, exposing the business to sector-specific risks.; The company operates a single manufacturing facility, making operations vulnerable to any disruption at that plant.; Failure to maintain product quality or meet customer specifications could affect customer relationships and business.; The business depends on continuous technological development to remain competitive in the catalyst industry.; The company has not declared or paid dividends in the last three financial years, and future dividends are not assured.
- **About Company:** Devson Catalyst Limited is an ISO 9001:2015 and ISO 45001:2018 certified manufacturer of catalysts, adsorbents and ceramic balls used in industrial processes. The company operates a manufacturing facility in Gujarat with an installed production capacity of approximately 6,205 metric tons per annum. Its products help improve process efficiency by accelerating chemical reactions, removing impurities from gases and liquids, and supporting catalyst beds in industrial reactors and towers. Devson supplies its products to customers across oil and gas refineries, petrochemicals, steel, fertilisers and other industrial processing sectors in domestic and international markets. The company generates revenue from the manufacture and sale of these industrial products. Its facility follows standard operating procedures and internal quality checks to ensure consistent product quality and operational reliability.

### IC Electricals Company (ICELCO)
- **URL:** https://ipotrack.in/ipo/ic-electricals-company
- **Type:** SME | **Exchanges:** NSE/BSE
- **Status:** CLOSED
- **Price Band:** ₹94 – ₹99
- **Lot Size:** 1200 Shares
- **Total Issue Size:** 47.91
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 03 Jul 2026 to 07 Jul 2026
- **Allotment Finalization:** 08 Jul 2026
- **Refund Initiation:** 09 Jul 2026
- **Share Credit Date:** 09 Jul 2026
- **Listing Date:** 10 Jul 2026
- **Registrar:** TBA
- **Current GMP:** 49 (Gain: 14.01%)
- **Estimated Listing Price:** ₹148
- **Key Strengths:** IC Electricals provides a wide range of electronic products and systems for Indian Railways.; The company manufactures key railway components such as alternators, traction motors, and permanent magnet alternators.; It executes turnkey railway electrification projects covering design, supply, installation, testing, and commissioning.; The company holds approved supplier registrations with various directorates under the Ministry of Railways, including RDSO.; It has operated in the railway engineering and electrification business since its incorporation in 2005.
- **Key Risks:** A large portion of revenue depends on contracts from the Ministry of Railways and related government entities.; The company operates in a highly competitive industry, which may put pressure on margins and market share.; Any blacklisting or debarment by railway or government authorities could affect future business opportunities.; The company is substantially dependent on working capital for its operations.; Its business may be affected by dependence on suppliers of raw materials and components.
- **About Company:** IC Electricals Company Limited is engaged in the manufacture of electronic equipment and electrical systems for railway applications, primarily serving Indian Railways and related railway-sector customers. The company offers products such as rectifier-cum-regulating units, regulated battery chargers, emergency light units, inverters, microprocessor-based control systems, vigilance control devices, alternators, traction motors, and permanent magnet alternators with controllers. It also undertakes railway electrification projects through its Contract Division, providing services for 25 kV AC overhead equipment systems, including design, material supply, erection, testing, and commissioning. The company earns revenue from product sales, services, after-sales replacements, and maintenance-related supplies. It primarily follows a B2G model, with a significant portion of revenue from the Ministry of Railways and related government entities. The company holds approved supplier registrations with railway authorities and operates manufacturing facilities in Haridwar.

### Sampark India Logistics (SILL)
- **URL:** https://ipotrack.in/ipo/sampark-india-logistics
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹80 – ₹84
- **Lot Size:** 1600 Shares
- **Total Issue Size:** 27.22
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹89 (Gain: 5.95%)
- **Key Strengths:** Operates a pan-India logistics network with 50 branch offices serving multiple industries.; Provides integrated logistics services including freight forwarding, transportation and warehousing.; Offers both Full Truckload (FTL) and Less Than Truckload (LTL) solutions to meet different customer needs.; Owns a fleet of 56 commercial vehicles, supporting its transportation operations.; Manages 8 warehouses with a total area of 1,24,500 sq. ft. across key locations in India.
- **Key Risks:** The company has pending GST and income tax cases involving significant amounts under dispute.; Several legal proceedings involving the company are currently pending before various courts.; Some approvals, registrations and permits still need to be updated following the company’s name change.; The registered office and corporate office operate from leased properties and are not company-owned.; Promoters and directors hold a significant equity stake and can influence key shareholder decisions.
- **About Company:** Sampark India Logistics Limited is a logistics and supply chain solutions company that operates as a carrying and forwarding agent. The company provides end-to-end logistics services across India, covering the movement of goods from origin to destination. Its offerings include freight forwarding, transportation, warehousing, inventory management, storage management, and packaging services for customers across industries such as automotive, pharmaceuticals, consumer durables, and textiles. The company primarily serves business-to-business (B2B) clients that require transportation of bulk goods within India. It operates a pan-India network of 50 branch offices, a fleet of owned commercial vehicles, and leased warehouses across multiple cities. Sampark offers both Full Truckload (FTL) and Less Than Truckload (LTL) transportation solutions, enabling it to serve varying customer requirements. Revenue is generated through its logistics, transportation, and warehousing services, supported by an integrated supply chain management approach.

### Seemax Resources (SEEMAX)
- **URL:** https://ipotrack.in/ipo/seemax-resources
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹134 – ₹141
- **Lot Size:** 1000 Shares
- **Total Issue Size:** 19.74
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹113 (Gain: -20.00%)
- **Key Strengths:** Provides integrated material handling solutions through equipment rental, trading, maintenance and trained operators.; Rental business includes AMC-backed maintenance, preventive servicing and technical support to reduce customer downtime.; Promoters have extensive experience in the material handling equipment industry, supported by a technically skilled management team.; Authorised dealership relationships with international manufacturers help provide quality and safety-compliant equipment.; Focus on workforce training and quality assurance supports reliable service delivery and operational efficiency.
- **Key Risks:** A significant portion of revenue comes from a limited number of customers, making customer concentration a key risk.; The business depends on borrowing, and the inability to service or refinance debt could affect operations.; Operations rely on the availability and performance of material handling equipment, where breakdowns or damage may disrupt business.; The company depends on third-party suppliers and manufacturers for material handling equipment and related products.; Rising competition and changes in demand for material handling equipment and rental services could impact revenue and profitability.
- **About Company:** Seemax Resources Limited is engaged in providing material handling equipment (MHE) solutions through equipment rentals, machinery trading, freight services and manpower support. The company’s core business is centred on renting MHE, with value-added services such as annual maintenance contracts (AMCs), preventive maintenance, technical support, and trained operators. Its rental fleet includes battery and diesel forklifts, Hydra cranes, battery-operated pallet trucks (BOPT) and reach trucks, serving industries such as manufacturing, warehousing, logistics, ports, construction and industrial infrastructure. Alongside rentals, the company trades in new material handling equipment sourced through authorised dealership arrangements and also offers customised MHE solutions based on customer requirements. It generates most of its revenue from equipment rentals, while machinery sales and related services provide additional income. By combining equipment, maintenance and skilled manpower under one offering, the company provides integrated material handling solutions to its customers.

### Teja Engineering Industries (TEJA)
- **URL:** https://ipotrack.in/ipo/teja-engineering-industries
- **Type:** SME | **Exchanges:** NSE/BSE
- **Status:** CLOSED
- **Price Band:** ₹220
- **Lot Size:** 600 Shares
- **Total Issue Size:** 37.36
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Strong pan-India presence enables the company to serve customers across multiple states.; Experienced leadership brings deep industry knowledge to the business.; Long-standing customer relationships support repeat business and revenue.; Holds PESO certification for safety valve testing under applicable regulations.; The company has a consistent track record of completing engineering and commissioning projects on time.
- **Key Risks:** A significant share of revenue comes from Operations & Maintenance (O&M) services.; More than 98% of revenue comes from the top 10 customers, creating customer concentration risk.; Engineering operations involve hazardous activities that may lead to accidents, liabilities, or operational disruptions.; The company has a short operating history as a corporate entity, making future performance harder to assess.; Delays in client payments for services could impact cash flows and working capital.
- **About Company:** Teja Engineering Industries Limited is an engineering services company that provides operation and maintenance (O&M), erection and commissioning (E&C), and other technical services for the oil & gas, power, and energy sectors. The company undertakes annual maintenance contracts, project execution, instrument calibration, overhauling, decommissioning and recommissioning, stainless-steel tubing installation, and testing and servicing of safety relief valves. It supports OEMs, CNG compressor packagers, and public sector undertakings involved in gas distribution and energy infrastructure. The company generates revenue primarily from O&M services, along with E&C projects and other technical service offerings. It operates through a pan-India workforce deployed at client sites, providing execution and maintenance support for CNG stations, gas compression plants, and natural gas distribution terminals. Teja Engineering is a service-focused company and does not manufacture equipment. It also holds PESO certification for testing safety relief and pressure safety valves, enabling it to provide certified inspection and testing services.

### Knack Packaging (KNACK)
- **URL:** https://ipotrack.in/ipo/knack-packaging
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹161 – ₹170
- **Lot Size:** 88 Shares
- **Total Issue Size:** 439.50
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 59.50
- **Bidding Window:** 01 Jul 2026 to 03 Jul 2026
- **Allotment Finalization:** 06 Jul 2026
- **Refund Initiation:** 07 Jul 2026
- **Share Credit Date:** 07 Jul 2026
- **Listing Date:** 08 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹9 (Gain: 5.29%)
- **Estimated Listing Price:** ₹179
- **Official Listing Price:** ₹188 (Gain: 10.59%)
- **Key Strengths:** Offers a diversified portfolio of specialised flexible packaging products for multiple end-use industries.; Operates four manufacturing facilities with export presence supported by a South African subsidiary.; Does not depend on a limited number of suppliers or customers for its overall operations.; Focuses on sustainable manufacturing through renewable energy, recycled materials and wastewater recycling.; Has received multiple industry recognitions for exports and packaging innovation.
- **Key Risks:** A significant portion of revenue comes from existing and a few key customers, and the loss of these customers may impact the business.; The company relies on key raw material suppliers without long-term contractual arrangements.; Delays or cost overruns in setting up the new manufacturing facility could affect growth and financial performance.; Insurance coverage may not fully protect against losses from events such as product liability, terrorism or loss of profits.; The registered office and some manufacturing facilities are on leased premises, and failure to renew or relocate could affect operations.
- **About Company:** Knack Packaging Limited is a packaging company that manufactures and supplies specialised flexible packaging products for customers across India and international markets. The company primarily produces woven polypropylene (PP) packaging solutions, including printed and laminated woven PP bags, pinch bottom bags, BOPP laminated bags, woven fabrics, HDPE/PP tapes and other customised packaging products. These products cater to industries such as pulses, rice, lentils, fertilisers, pet food and other industrial applications. Knack Packaging operates multiple manufacturing facilities in Gujarat and has a subsidiary in South Africa that imports and sells its products. The company generates revenue through the manufacture and sale of its packaging products and continues to expand its product portfolio to meet evolving customer requirements. Its business is supported by a diversified customer base, product customisation capabilities and a presence across multiple end-use industries.

### Riyaasat Lifestyle (RIYAASAT)
- **URL:** https://ipotrack.in/ipo/riyaasat-lifestyle
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹100 – ₹106
- **Lot Size:** 1200 Shares
- **Total Issue Size:** 30.77
- **Fresh Issue:** 30.77
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 18 Jun 2026 to 25 Jun 2026
- **Allotment Finalization:** 29 Jun 2026
- **Refund Initiation:** 30 Jun 2026
- **Share Credit Date:** 30 Jun 2026
- **Listing Date:** 01 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹85 (Gain: -20.00%)
- **Key Strengths:** The company offers customised ethnic wear with in-house design capabilities and a diverse product portfolio.; It has built a recognisable brand focused on men’s ethnic wear and occasion-based apparel.; The business operates through both offline showrooms and online sales channels.; The company maintains quality standards across different product lines through quality control processes.; It has shown consistent growth in revenue and profitability over recent financial periods.
- **Key Risks:** The company derives a large share of revenue from men’s ethnic wear, making it vulnerable to changing fashion trends and customer preferences.; Its business depends on daily wage workers, and any shortage of skilled workers could disrupt operations.; Failure to adapt quickly to changing consumer tastes may affect sales and profitability.; The company faces intense competition in the ethnic wear and apparel market.; Maintaining brand reputation and product quality is critical, and any failure could adversely affect business performance.
- **About Company:** Riyaasat Lifestyle Limited is an ethnic-wear company engaged in designing, manufacturing, and retailing ethnic apparel for men and women. The company blends traditional craftsmanship with contemporary designs and offers a range of Indian ethnic wear, fusion wear and Indo-Western styles. It also provides customisation services, allowing customers to tailor sizes, designs, styles and embroidery according to their preferences. The company sells its products through both offline and online channels and operates exclusive showrooms in Ahmedabad and Vadodara. Its product portfolio includes apparel for men, women and children, with a focus on family and matching-outfit collections. Riyaasat sources raw materials and fabrics from suppliers across multiple states and uses its in-house design capabilities to develop new collections in line with changing fashion trends. Revenue is generated primarily through the sale of ethnic wear and related apparel products under the “Riyaasat” brand.

### Shreedhar Spinners (SHREEDHAR)
- **URL:** https://ipotrack.in/ipo/shreedhar-spinners
- **Type:** SME | **Exchanges:** NSE SME
- **Status:** CLOSED
- **Price Band:** ₹51 – ₹53
- **Lot Size:** 2000 Shares
- **Total Issue Size:** 30.68
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 23 Jun 2026 to 25 Jun 2026
- **Allotment Finalization:** 29 Jun 2026
- **Refund Initiation:** 30 Jun 2026
- **Share Credit Date:** 30 Jun 2026
- **Listing Date:** 01 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Manufactures compact spun cotton yarn used across knitting and weaving applications.; Operates a large manufacturing facility with a capacity of 10,000 MT per annum.; Located in a major cotton-growing region, supporting efficient raw material sourcing.; Focuses exclusively on B2B customers, including textile manufacturers, exporters and traders.; Supported by in-house testing and quality control systems with multiple quality certifications.
- **Key Risks:** Business is exposed to fluctuations in cotton prices and raw material availability.; Dependence on purchase-order-based sales without long-term customer contracts.; Failure to maintain product quality standards could lead to order cancellations and customer loss.; High inventory requirements may increase working capital needs and inventory management risks.; Changes in government policies, regulations or economic conditions could impact operations and profitability.
- **About Company:** Shreedhar Spinners Limited is engaged in the manufacture of compact spun cotton yarn and operates a manufacturing facility at the Amravati Textile Park in Maharashtra. The company produces cotton yarn in various counts ranging from Ne 10s to Ne 40s using raw cotton bales as its primary raw material. Its yarn products are used in both knitting and weaving applications and cater to end-use segments such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics and industrial fabrics. The company operates exclusively in the business-to-business (B2B) segment and supplies its products to textile manufacturers, yarn exporters, traders and fabric processors. Revenue is generated through the sale of cotton yarn to these customers. The company’s manufacturing operations are supported by in-house testing and quality control processes, while its location in a major cotton-growing region helps in sourcing raw materials for production.

### Jivial Industries (JIVIAL)
- **URL:** https://ipotrack.in/ipo/jivial-industries
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹196
- **Lot Size:** 600 Shares
- **Total Issue Size:** 31.99
- **Fresh Issue:** 26.65
- **Offer For Sale (OFS):** 5.34
- **Bidding Window:** 23 Jun 2026 to 25 Jun 2026
- **Allotment Finalization:** 29 Jun 2026
- **Refund Initiation:** 30 Jun 2026
- **Share Credit Date:** 30 Jun 2026
- **Listing Date:** 01 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹157 (Gain: -20.00%)
- **Key Strengths:** Manufactures customised aluminium railings and fixtures for glass installations based on customer requirements.; Offers a diversified product range including continuous profiles, handrails and supporting aluminium fixtures.; Holds three patents for unique spigot designs developed by its promoter.; Serves customers across India, including construction companies, architects, interior designers and fabricators.; The manufacturing facility is supported by ISO 9001:2015 and ISO 14001:2015 certifications
- **Key Risks:** The company depends on external suppliers for key raw materials, and aluminium price fluctuations can impact profitability.; A large share of revenue comes from aluminium railings, making the business dependent on a single product category.; The company operates mainly on purchase orders and does not have long-term contracts with customers.; Revenue is concentrated among a limited number of customers, with the top 10 customers contributing a significant portion of sales.; The business faces intense competition from both organised and unorganised players in the market.
- **About Company:** Jivial Industries Limited manufactures finished aluminium railings and aluminium fixtures used in glass installations for partitions, balconies, viewing windows and building façades. The company processes unfinished extruded aluminium railings and aluminium castings into customised products based on customer specifications. Its key offerings include continuous profiles, which support glass from the bottom, handrails that hold glass from the top and provide hand support, and aluminium fixtures such as spigots, brackets, jointers, locks, bends, conceals and end caps. The manufacturing process involves cutting, drilling, anodising, buff polishing and powder coating. The company primarily serves construction companies, architects, interior designers, glass providers and fabricators across India. Revenue is generated mainly from the sale of aluminium railings and related fixtures, with aluminium railings contributing a significant share of operating revenue. The company has also obtained three patents for unique spigot designs developed by its promoter.

### CSM Technologies (CSM)
- **URL:** https://ipotrack.in/ipo/csm-technologies
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹107 – ₹113
- **Lot Size:** 132 Shares
- **Total Issue Size:** 145.78
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 24 Jun 2026 to 29 Jun 2026
- **Allotment Finalization:** 30 Jun 2026
- **Refund Initiation:** 01 Jul 2026
- **Share Credit Date:** 01 Jul 2026
- **Listing Date:** 02 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹4 (Gain: 3.54%)
- **Estimated Listing Price:** ₹117
- **Official Listing Price:** ₹113 (Gain: 0.00%)
- **Key Strengths:** CSM Technologies has over 27 years of experience in delivering e-governance and digital transformation projects.; The company specialises in GovTech solutions across sectors such as agriculture, mining, education, healthcare, and public services.; It has long-standing relationships with government agencies and enterprise customers through successful project execution.; The company has a presence in multiple international markets, including Africa, North America, and India.; It offers a broad range of technology services, including software development, system integration, cloud, cybersecurity, and consulting.
- **Key Risks:** A significant portion of revenue depends on government projects awarded through competitive bidding processes.; Failure to win new contracts or complete projects on time could adversely affect business performance.; The company faces intense competition from other IT services and technology solution providers.; Rapid technological changes require continuous investment in innovation and new solution development.; Non-compliance with government IT, cybersecurity, accessibility, or procurement regulations could impact operations and reputation.
- **About Company:** CSM Technologies Limited is an IT and IT-enabled services company that provides GovTech solutions, digital transformation services, e-governance platforms, and digital infrastructure support. Incorporated in 1998, the company designs, develops, and implements technology solutions for government agencies, public sector organisations, enterprises, and development agencies. Its offerings are aimed at improving operational efficiency, enabling data-driven decision-making, and delivering citizen-centric services. The company also provides consulting and advisory services, self-service technologies, system integration, automation, cloud, cybersecurity, and related IT services. CSM serves multiple sectors, including mining and allied services, government and public services, agriculture and allied services, industry and trade facilitation, education, healthcare, and tourism. Revenue is generated through the execution of technology projects and service contracts, many of which are awarded through competitive bidding processes, particularly by government entities. The company also has an international presence across multiple countries.

### Crazy Snacks (CRAZYSNACK)
- **URL:** https://ipotrack.in/ipo/crazy-snacks
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹39 – ₹42
- **Lot Size:** 3000 Shares
- **Total Issue Size:** 31.47
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 6.28
- **Bidding Window:** 25 Jun 2026 to 30 Jun 2026
- **Allotment Finalization:** 01 Jul 2026
- **Refund Initiation:** 02 Jul 2026
- **Share Credit Date:** 02 Jul 2026
- **Listing Date:** 03 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Experienced promoters and management team with deep industry knowledge and a proven track record.; Asset-light business model supports growth without heavy investment in manufacturing assets.; Scalable business model focused on efficient operations and expanding market reach.; Wide product portfolio across bakery and snack categories catering to diverse consumer preferences.; Large distribution network with over 2,200 distributors supporting market penetration.
- **Key Risks:** A significant portion of revenue comes from rusk, bread and bun products.; Most sales are concentrated in Uttar Pradesh and Bihar, increasing geographic dependence.; The business relies heavily on its distributor network for product sales and distribution.; Products are semi-perishable, creating risks of inventory losses and wastage.; Certain trademarks used by the company are not yet registered, which may affect brand protection.
- **About Company:** Crazy Snacks Limited is a food manufacturing company engaged in producing and distributing bakery and snack products. Its bakery portfolio includes bread, buns, rusks, cakes and cookies, while its snack range includes namkeen, chips, popcorn, fries and other snack products. The company operates through its own business and its subsidiary, Crazy Bakery Udyog Private Limited, offering a combined portfolio of over 290 products across different price points to cater to varied consumer preferences. The company generates revenue primarily through the sale of these products via an extensive distributor-led network spread across multiple states, with a strong presence in North India, particularly Uttar Pradesh and Bihar. It manufactures products using dedicated production processes for bakery and snack categories and focuses on quality control, packaging and distribution. The business is supported by a large and growing distribution network that helps ensure product availability across urban and rural markets.

### Adon Agro Commodities (ADON)
- **URL:** https://ipotrack.in/ipo/adon-agro-commodities
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹66 – ₹70
- **Lot Size:** 2000 Shares
- **Total Issue Size:** 44.03
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 29 Jun 2026 to 01 Jul 2026
- **Allotment Finalization:** 02 Jul 2026
- **Refund Initiation:** 03 Jul 2026
- **Share Credit Date:** 03 Jul 2026
- **Listing Date:** 06 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹78 (Gain: 11.79%)
- **Key Strengths:** Operates an integrated business model covering sourcing, importing, processing, packing and distribution of dry fruits and nuts.; Sources products from multiple domestic and international markets, supporting a diversified procurement network.; Markets processed products under its own “Hunger Nuts” brand across B2B, wholesale, retail and D2C channels.; Has an established distribution network through APMC Navi Mumbai, intermediaries and third-party distributors across India.; Maintains internal quality control processes to ensure products meet defined quality standards before sale.
- **Key Risks:** A significant share of revenue depends on a limited number of customers, and losing key customers could impact the business.; The company does not have long-term agreements with its customers, making revenue less predictable.; Competition from organised and unorganised suppliers may reduce market share, revenue and profitability.; Dry fruits are susceptible to spoilage and contamination, which could lead to regulatory action and reputational damage.; The business is seasonal, and demand depends on festivals and the marriage season.
- **About Company:** Adon Agro Commodities Limited operates in the agro-commodity trading and processing sector, mainly focused on dry fruits, nuts, seeds and berries. It sources products from India and overseas markets, including the UAE, Afghanistan, Chile, the USA and Sri Lanka, and sells them as bulk traded goods or after processing, packing and branding. Its products include almonds, cashews, walnuts, pistachios, raisins, dates, apricots and related dry-fruit items, including processed variants and customised assortments. The company generates revenue through containerised bulk sales, wholesale sales, modern trade, export sales, direct-to-consumer channels, government/institutional sales and services such as almond-shell breaking. It also sells processed and packed dry fruits under its proprietary brand, “Hunger Nuts”. The RHP describes the business as moving from a trading-focused model to an integrated model covering sourcing, processing, packaging and multi-channel distribution.

### Aastha Spintex (AASTHA)
- **URL:** https://ipotrack.in/ipo/aastha-spintex
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹125 – ₹136
- **Lot Size:** 110 Shares
- **Total Issue Size:** 170
- **Fresh Issue:** 170
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 29 Jun 2026 to 01 Jul 2026
- **Allotment Finalization:** 02 Jul 2026
- **Refund Initiation:** 03 Jul 2026
- **Share Credit Date:** 03 Jul 2026
- **Listing Date:** 06 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹5 (Gain: 3.68%)
- **Estimated Listing Price:** ₹141
- **Official Listing Price:** ₹130 (Gain: -4.41%)
- **Key Strengths:** The company operates an integrated ginning and spinning facility at a single manufacturing location.; It manufactures a range of cotton yarn products along with cotton bales and cotton waste.; The manufacturing facility has a capacity of 25,920 spindles with cotton yarn and cotton bale production capabilities.; The company has a dedicated quality control and product development team for testing products at different production stages.; Revenue from operations and profitability have grown over the reported financial periods.
- **Key Risks:** A major portion of sales outside Gujarat and exports depends on a single reseller, 7 Seas Impex.; The company’s operations depend on a single manufacturing facility, making it vulnerable to disruptions.; The company has entered into related-party transactions and may continue to do so in the future.; Demand may shift from cotton yarn to synthetic fibres, which could affect sales and profitability.; Under-utilisation of manufacturing capacity could adversely impact business performance and profitability.
- **About Company:** Aastha Spintex Limited is a textile manufacturing company engaged in producing and selling cotton yarn and cotton bales. The company operates an integrated manufacturing facility at Halvad, Gujarat, with ginning and spinning operations. Its product portfolio includes compact yarn, combed yarn, carded yarn, cotton bales, and cotton waste by-products, which are supplied to customers in the textile industry for applications such as apparel, denim, knitted fabrics, home textiles, and towels. The company generates revenue primarily from the manufacture and sale of cotton yarn and cotton bales, and also trades in cotton yarn. Its manufacturing facility has an installed capacity of 25,920 spindles, annual cotton yarn production capacity of 7,700 MT, and annual cotton bale production capacity of 12,000 MT. The company serves customers across India and also caters to export markets through reseller arrangements.

### Waterways Leisure Tourism(Cordelia Cruises) (CORDELIA)
- **URL:** https://ipotrack.in/ipo/waterways-leisure-tourismcordelia-cruises
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** CLOSED
- **Price Band:** ₹769 – ₹808
- **Lot Size:** 18 Shares
- **Total Issue Size:** 585
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 23 Jun 2026 to 25 Jun 2026
- **Allotment Finalization:** 29 Jun 2026
- **Refund Initiation:** 30 Jun 2026
- **Share Credit Date:** 30 Jun 2026
- **Listing Date:** 01 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹681 (Gain: -15.72%)
- **Key Strengths:** Operates the Cordelia Cruises brand in India’s ocean cruise tourism market.; Generates the majority of its revenue from cruise ticket sales, providing a focused revenue stream.; Offers multiple onboard services and experiences that create additional revenue opportunities.; Has plans to expand capacity through the introduction of two additional cruise vessels.; Led by an experienced senior management team with backgrounds in the cruise, shipping, and tourism industries.
- **Key Risks:** The company currently relies on a single operating cruise vessel, MV Empress.; A significant portion of revenue comes from cruise ticket sales, making earnings sensitive to demand fluctuations.; Cruise operations depend on third-party service providers for key functions such as vessel management and hospitality services.; Expansion plans depend on successfully acquiring and operating additional cruise vessels.; The cruise tourism industry in India is still at a nascent stage and faces infrastructure and regulatory challenges.
- **About Company:** Waterways Leisure Tourism Limited operates cruise tourism services in India under the “Cordelia Cruises” brand. The company currently conducts its cruise operations through the vessel MV Empress. It offers cruise vacations that include accommodation, meals at select onboard restaurants, entertainment, and access to various onboard facilities. Its business is primarily focused on operating and managing cruise voyages for leisure travellers. The company generates most of its revenue from cruise ticket sales, which contributed over 91% of revenue from operations in Fiscal 2026. In addition, it earns onboard revenue from speciality dining, paid entertainment, shore excursions, Wi-Fi packages, spa and salon services, adventure activities, and other guest services offered during cruises. The company also earns limited commission income from certain shore excursion services. As of the date of the RHP, it operates one cruise vessel and plans to expand its fleet by leasing additional vessels to support future growth.

### Travelstack Tech (TRAVELSTACK)
- **URL:** https://ipotrack.in/ipo/travelstack-tech
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** India’s largest hotels-focused corporate travel management platform for enterprise clients by FY25 revenue.; Hotels-focused platform combines technology, operations, and service capabilities in one solution.; Strong client retention supported by deep operational integration and long-term customer relationships.; Diversified customer base with no significant dependence on any single customer.; Experienced management team backed by operational expertise and industry knowledge.
- **Key Risks:** A slowdown in corporate travel or hotel demand could adversely affect the business.; The business is seasonal, which can lead to fluctuations in operating results.; High competition in the corporate travel market may affect growth and profitability.; Failure to obtain or renew required licenses and approvals could disrupt operations.; The company has borrowings, and failure to meet repayment or loan covenants could impact its financial position.
- **About Company:** Travelstack Tech Limited is a technology-enabled corporate travel management company that operates the TravelPlus platform for enterprise clients. The company primarily focuses on hotel bookings while also offering air travel bookings, MICE (meetings, incentives, conferences and exhibitions), ground transportation, visa facilitation, and early-stage expense management capabilities. Its platform integrates travel policy controls, approval workflows, analytics, consolidated billing, and API-based connections with enterprise systems such as HRMS and ERP solutions. TravelPlus also provides 24/7 customer support, relationship management, and a managed supplier network to help businesses streamline employee travel. The company generates revenue mainly through its corporate travel platform, with hotels being its core business and primary revenue driver, while selectively expanding into adjacent travel services. It also operates private-label hotel brands, including FabHotels and Via, to enhance service quality, inventory availability, and operational efficiency for enterprise customers.

### Symbiotec Pharmalab (SYMBIOTEC)
- **URL:** https://ipotrack.in/ipo/symbiotec-pharmalab
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 2180
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 2030
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Operates an integrated business across APIs, CDMO services and complex injectables.; Has one of India’s largest industrial-scale fermentation capacities with 700 KL capacity.; Backward integration reduces dependence on external sources for key intermediates.; Develops differentiated double-chamber injectable products using in-house API capabilities.; Long-term manufacturing agreements and strategic partnerships support future business growth.
- **Key Risks:** Almost all revenue comes from API products, making the business dependent on API demand.; A large share of revenue comes from a few key customers, and losing them could hurt the business.; The company depends on key suppliers for raw materials, and supply disruptions could affect operations.; The company faces intense competition in both the API and CDMO businesses.; Failure to meet repayment obligations or loan covenants could adversely affect the business and finances.
- **About Company:** Symbiotec Pharmalab Limited is a pharmaceutical company engaged in developing and manufacturing active pharmaceutical ingredients (APIs), contract development and manufacturing (CDMO) solutions, and complex injectables. The company operates an integrated business model supported by research and development, fermentation, and organic chemistry capabilities. Its API portfolio primarily focuses on steroidal products, while its CDMO business offers development and manufacturing services for pharmaceutical, nutraceutical, and other life science companies. The company also develops complex injectable products, including double-chamber formats, and leverages its in-house API capabilities to support these offerings. Revenue is generated through the sale of APIs, CDMO services, and complex injectable products. Its business is supported by backward integration in key raw material processing, large-scale fermentation capacity, and multiple manufacturing facilities, enabling it to serve customers across regulated and global markets while expanding into new therapeutic and fermentation-based product categories.

### Rentomojo (RENTOMOJO)
- **URL:** https://ipotrack.in/ipo/rentomojo
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Largest technology-driven D2C rental platform for furniture and appliances in India by subscription revenue.; Strong recurring revenue model with most income coming from subscription-based rentals.; Integrated full-stack operations including logistics, refurbishment and asset lifecycle management.; Established market leadership with a significant share in organised rental subscription revenue.; Demonstrated profitability and improved unit economics over recent financial years.
- **Key Risks:** Business depends on customer payments, and delays or defaults can impact cash flows.; High competition from traditional ownership models and other rental players may affect growth and margins.; Operations require high upfront investment in assets, logistics and refurbishment infrastructure.; Business is exposed to regulatory changes across taxation, labour and data protection laws.; Dependence on technology systems exposes the company to risks of disruptions and data breaches.
- **About Company:** Rentomojo Limited is a technology-driven, direct-to-consumer online platform engaged in the renting and leasing of household essentials such as furniture, appliances and related products through a subscription-based model. The company offers these products on a recurring rental basis, generating the majority of its revenue from subscription income linked to furniture and appliance rentals, along with ancillary service charges such as delivery and installation. Its business model is built around multi-cycle utilisation of assets, refurbishment, logistics and lifecycle management, enabling recurring revenue over the tenure of customer subscriptions. The company also develops private-label products and operates a full-stack service infrastructure to manage customer experience and operations. It primarily serves urban consumers seeking flexible, asset-light access to home essentials instead of outright ownership.

### Manipal Health Enterprises (MANIPALHEALTH)
- **URL:** https://ipotrack.in/ipo/manipal-health-enterprises
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** A large network of multi-speciality hospitals supported by a wide base of doctors.; Focus on high-end specialities like cardiac, oncology and neurosciences, driving revenue.; Strong presence across key regions with ongoing expansion plans.; Significant share of revenue from insurance and institutional payors.; Established track record of growth in patient volumes and operations.
- **Key Risks:** High dependence on insurance and third-party administrators for revenue.; Delays in payments from government schemes can impact cash flows.; Expansion into new regions may face operational and market challenges.; Failure to attract sufficient patients can lead to underutilised capacity.; High outstanding receivables may affect working capital and liquidity.
- **About Company:** Manipal Health Enterprises Limited is a healthcare service provider engaged in running and managing hospitals, clinics and diagnostic centres, primarily in India. It operates a network of multi-speciality hospitals offering clinical services across several specialities, with a focus on tertiary and quaternary care such as cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics and renal sciences. The company serves patients through inpatient and outpatient services, generating revenue from healthcare services paid by patients directly, insurance and third-party administrators, government schemes and corporate arrangements. Its network includes multiple hospitals supported by a large pool of doctors, and it caters to a significant volume of patients across its facilities. The company operates as a single business segment focused on medical and healthcare services, combining hospital infrastructure, clinical expertise and diagnostic capabilities to deliver care.

### Innoviti (INNOVITI)
- **URL:** https://ipotrack.in/ipo/innoviti
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Founded in 2002, Innoviti is a fintech company specialising in payments processing, credit distribution, and payments management software solutions. Serving industries such as retail, mobile, lifestyle, and more, Innoviti offers products like uniPAY for unified payment management and quickEMI for installment payments on credit cards.

### Duroflex (DUROFLEX)
- **URL:** https://ipotrack.in/ipo/duroflex
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Established brand with over four decades of operating history.; Vertically integrated manufacturing with in-house foam and mattress production.; Diversified product portfolio across sleep and comfort categories.; Omni-channel distribution including COCO stores, trade, and online channels.; House-of-brands strategy addressing multiple consumer segments.
- **Key Risks:** High dependence on mattress and branded foam categories for revenue.; Business performance is closely linked to brand strength and reputation.; Manufacturing disruptions could materially impact operations and cash flows.; Rising raw material costs may affect margins due to limited long-term supplier contracts.; Lease dependence for COCO stores exposes the company to rental and renewal risks.
- **About Company:** Duroflex Limited is an Indian sleep and comfort solutions company incorporated in 1981. It was founded as a coir-focused business and has since evolved into a diversified, technology-driven manufacturer. The company is promoted by Jacob Joseph George, Mathew Chandy, Mathew George and Mathew Antony Joseph.Duroflex operates as a vertically integrated player with in-house design, manufacturing and distribution capabilities. It runs seven manufacturing facilities across India and produces mattresses, polyurethane foam, sofas, recliners, beds, pillows and home comfort accessories. The company follows a house-of-brands strategy, catering to multiple consumer segments across price points. Its business model is omni-channel, combining general trade, exclusive company-owned stores (COCO), exclusive brand outlets, and direct-to-consumer online channels. This enables a wide market reach and direct customer engagement. Key strengths include long operating history, strong brand recall, integrated manufacturing, control over product quality, and a diversified product portfolio. The company’s scale, distribution network and brand-led approach support sustainable growth in India’s evolving sleep and comfort market.

### CarDekho (CARDEKHO)
- **URL:** https://ipotrack.in/ipo/cardekho
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** CarDekho offers extensive services, making it a one-stop solution for car buyers and sellers.; It has a strong reputation as a leading platform in India’s automotive market.; Diversified revenue streams reduce dependency on any single service area.; Technology-driven solutions enhance user experience and streamline transactions.
- **Key Risks:** High competition from platforms like OLX Autos and Cars24 affects market share.; Revenue is impacted by economic downturns and the auto industry’s health.; Saturation or slowed demand in the used car market may hinder growth.; Maintaining quality in vehicle inspections is essential for customer trust.
- **About Company:** CarDekho is an online automotive platform established in 2008. The platform provides comprehensive services related to buying, selling, and researching cars, including price comparisons, expert reviews, and vehicle inspections. It has expanded its offerings to include loans, insurance, and car-related products. Over the years, it has secured significant funding and partnerships and has expanded to Southeast Asia and UAE.

### Hindustan Coca-Cola Beverages (HCCB)
- **URL:** https://ipotrack.in/ipo/hindustan-coca-cola-beverages
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** The Coca-Cola Company, headquartered in Atlanta, is one of the world’s largest beverage companies, offering over 500 brands globally.

### Shiprocket (SHIPROCKET)
- **URL:** https://ipotrack.in/ipo/shiprocket
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 2342
- **Fresh Issue:** 1100
- **Offer For Sale (OFS):** 1242
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Tech-enabled, end-to-end e-commerce and logistics enablement platform; Large and diversified merchant base across MSMEs and enterprises; Asset-light, scalable platform integrated with multiple logistics partners; Broad product suite covering shipping, fulfilment, and cross-border services; Strong technology and data capabilities are improving efficiency and experience
- **Key Risks:** History of losses and potential continuation of negative cash flows; Dependence on third-party logistics and service partners; High competition in e-commerce enablement and logistics markets; Exposure to regulatory and policy changes; Technology failures or outages could disrupt operations
- **About Company:** Shiprocket Limited is a technology-driven e-commerce enablement company incorporated in 2011. The company was originally incorporated as Bigfoot Retail Solutions Private Limited and later rebranded as Shiprocket, converting into a public limited company in 2025. It is a professionally managed company with no identifiable promoter. Shiprocket operates a digital platform that enables merchants to manage logistics and fulfilment across the e-commerce value chain. Its core operations include domestic shipping, shipping software tools, and integrated logistics services for MSMEs and large retailers. The company also offers emerging solutions such as cross-border shipping, fulfilment services, data intelligence, and value-added commerce tools. The business follows a platform-led model, generating revenue through merchant subscriptions, service fees, and usage-based charges. Shiprocket’s key strengths include its technology-first approach, extensive logistics partner network, scalable platform architecture, and focus on simplifying e-commerce operations for merchants across India and international markets

### PayU (PAYU)
- **URL:** https://ipotrack.in/ipo/payu
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Founded in 2011 by Nitin Gupta and Shailaz Nag, PayU India is a leading payment solution provider for over 500,000 businesses, enabling online and offline transactions through more than 150 payment options, including credit and debit cards, net banking, EMIs, BNPL, QR, UPI, and wallets. Originally started as Pagosonline in Colombia in 2002, PayU launched its Indian payment gateway with Ibibo to focus on e-commerce businesses. PayU is owned by Prosus’ Naspers Group.

### Zetwerk (ZETWERK)
- **URL:** https://ipotrack.in/ipo/zetwerk
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Zetwerk is a Bengaluru-based B2B manufacturing platform connecting suppliers and customers in sectors such as consumer electronics, home appliances, and aircraft engine components. Operating in the growing contract manufacturing space, it competes with companies like Moglix and OfBusiness.

### Bajaj Energy (BAJAJENERGY)
- **URL:** https://ipotrack.in/ipo/bajaj-energy
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Bajaj Energy (BEL), established in 2008, along with Lalitpur Power Generation Company (LPGCL), is one of the largest private sector thermal generation companies in Uttar Pradesh with a track record of developing, financing, and operating thermal power plants in India. The company’s aggregate installed capacity of 2,430 MW for the BEL Power Plants and the LPGCL Power Plant is fully contracted for under the long-term power purchase agreements (PPA) entered into with certain state government-owned procurers through UPPCL.

### Kent RO Systems (KENTRO)
- **URL:** https://ipotrack.in/ipo/kent-ro-systems
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Kent RO Systems specialises in water purification and home appliances. Offering a range of products including water purifiers and fans, the company operates several manufacturing facilities in India. Kent RO Systems serves both domestic and international markets with an extensive distribution network.

### KUKU (Mebigo Labs) (KUKU)
- **URL:** https://ipotrack.in/ipo/kuku-mebigo-labs
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Kuku, operated by parent company Mebigo Labs, is an Indian audio content platform (earlier branded as Kuku FM) focused on audiobooks, stories, and knowledge content in multiple Indian languages. Positioned as a vernacular audio OTT “soonicorn”, it targets the fast‑growing regional‑language user base across Tier‑2 and Tier‑3 cities, building a large subscription‑driven and freemium audience. The company has raised venture funding over the years, and by mid‑2025, its private‑market valuation was reported to be around 500 million dollars, reflecting strong traction and revenue growth, though this is distinct from any eventual IPO pricing.

### Manipal Payment and Identity Solutions (MPIS)
- **URL:** https://ipotrack.in/ipo/manipal-payment-and-identity-solutions
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Manipal Payment and Identity Solutions serves banks, fintechs, NBFCs and government clients in India and overseas.; The company offers a wide range of payment, identity, secure printing and smart tagging solutions.; It generates revenue from both product sales and related personalisation and printing services.; The company provides RFID, QR code and IoT-based tracking and anti-counterfeiting solutions.; Its business includes high-security products such as payment cards, identity cards and secure packaging solutions.
- **Key Risks:** A large share of the company’s revenue comes from its top 10 customers.; The business depends heavily on a limited number of suppliers for raw materials.; A significant portion of revenue is generated from card manufacturing and related products.; Failure to meet payment network security standards could impact its operations.; The company has reported past regulatory non-compliance related to RBI reporting requirements.
- **About Company:** Manipal Payment and Identity Solutions Limited provides payment, identification, secure printing, smart tagging and Internet of Things (IoT) solutions to banks, fintech companies, non-banking finance companies, and government agencies in India and overseas. Its payment solutions include payment cards, cheque solutions, QR and near-field communication-enabled products, payment wearables, and digital automation solutions. The company also offers identification products such as driving licences, registration certificates, national identity cards, and voter identity cards, along with transit management solutions. Its secure solutions business includes secure logistics, insurance policy personalisation, marketing collaterals, tamper-evident packaging, holograms, and coated products. In the smart tagging and IoT segment, the company provides excise labels with encrypted QR codes, RFID-based tracking solutions, and anti-counterfeiting products. Revenue is generated through the sale of products and related personalisation and printing services across these business segments.

### Juniper Green Energy (JUNIPER)
- **URL:** https://ipotrack.in/ipo/juniper-green-energy
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** ₹3000 crores
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Juniper Green Energy, incorporated in 2011 and headquartered in New Delhi, is a renewable energy independent power producer with operations across solar, wind, and hybrid projects. The company develops, owns, and operates utility-scale renewable power projects and provides in-house engineering, procurement, construction (EPC) and operations & maintenance (O&M) services. As of March 31, 2025, Juniper Green had 3.1 GW of operational capacity and a pipeline of approximately 4.8 GW under construction and development. Over 97% of its operational capacity is tied to long-term power purchase agreements (PPAs) with reputed counterparties. The company is promoted by Arvind Tiku, Hemant Tikoo, Niharika Tiku, AT Holdings, and Juniper Renewable Holdings.

### Cult.fit (CULTFIT)
- **URL:** https://ipotrack.in/ipo/cultfit
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Category creator and leader in India’s fitness services market with a focus on accessibility and innovation.; An asset-light franchise model supports the scalable expansion of fitness centres.; Technology platform improves customer experience and operational efficiency.; Strong Cult.fit brand with omnichannel distribution across fitness services and products.; Integrated business creates synergies between fitness services and fitness products.
- **Key Risks:** The business depends on continued demand for fitness services and fitness products in India.; The business is seasonal, so quarterly performance may not reflect full-year results.; Delays or cost overruns in planned expansion could affect business performance and results.; Any change in the planned use of IPO proceeds requires shareholder approval and regulatory compliance.; The company’s financial statements are prepared under Ind AS, which differs from IFRS and U.S. GAAP
- **About Company:** Cult.Fit Limited is a fitness and wellness company that operates an integrated platform offering fitness services and fitness products through both online and offline channels. The company generates revenue primarily from fitness memberships, partner- and franchise-operated fitness centres, and the sale of fitness products through its digital platform and retail network. Its fitness services include company-owned centres, franchise and marketplace gyms, along with technology-enabled offerings delivered through the Cult.fit app. The company also sells active lifestyle and fitness-related products across multiple categories. Cult.Fit follows an asset-light expansion strategy by franchising fitness centres through its “gym-in-a-box” model, which supports partners with centre design, equipment, and operational processes. Its technology platform integrates fitness services and products, enabling cross-selling, customer engagement, class management, and operational efficiency across its network.

### Hero Motors (HEROMOTO)
- **URL:** https://ipotrack.in/ipo/hero-motors
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 1200
- **Fresh Issue:** 800
- **Offer For Sale (OFS):** 400
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Strong promoter backing with long-standing experience in the automotive sector.; Diversified portfolio across EV and ICE powertrain solutions and metal components.; Established relationships with global OEM customers.; Integrated capabilities across design, engineering and manufacturing.; Positioned to benefit from vehicle electrification and mobility trends.
- **Key Risks:** High revenue dependence on a limited number of key customers.; Exposure to cyclical demand in the automotive industry.; Significant reliance on international, especially European, markets.; Vulnerability to raw material price volatility and supply disruptions.; Execution risks in capacity expansion and EV transition strategy.
- **About Company:** Hero Motors Limited is an India-based automotive technology and manufacturing company, incorporated in 1998 and part of the Munjal family’s automotive legacy. The company is promoted by Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings. It operates as a system-level solutions provider to global original equipment manufacturers (OEMs).

### Milky Mist (MILKYMIST)
- **URL:** https://ipotrack.in/ipo/milky-mist
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** ₹250 crores
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Milky Mist, founded in 1985 by T. Sathish Kumar, is a packaged food company with revenue exceeding ₹15,000 million, growing at 29.82% CAGR from FY2023 to FY2025. Based in Erode, Tamil Nadu, the company operates farm-to-retail infrastructure, sourcing milk from 67,615 farmers across South India. With 17% market share in the private packaged paneer segment and ranking third nationally in cheese, Milky Mist produces value-added dairy products under brands including ‘Milky Mist,’ ‘SmartChef,’ and ‘Capella.’ The company reaches 350,000+ retail touchpoints across 22 states through 3,062 distributors.

### FabIndia (FABINDIA)
- **URL:** https://ipotrack.in/ipo/fabindia
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Fabindia has a strong brand in the ethnic and handicraft retail market with over 360 stores, giving it a well-established market position.; The company has diversified its revenue by including more products from Organic India (herbal and ayurvedic items), which has helped its growth.; Fabindia’s core operations (excluding subsidiaries) are efficient, with healthy profit margins expected to improve through cost-saving measures and a well-managed supply chain.; Despite current debt challenges, the company has a strong financial base and plans to raise funds through private investors to improve its financial position.; Expansion in retail footprint and stores under the Company-Owned Franchise-Operated (COFO) model is forecasted to drive significant revenue growth in the medium term.
- **Key Risks:** Organic India (a part of Fabindia) has experienced significant losses and write-downs, which have impacted Fabindia’s overall performance.; Fabindia’s debt has increased due to borrowing to acquire more shares in Organic India and higher working capital needs, which is putting pressure on its finances.; The company earns about 70% of its revenue from the apparel segment, which is highly competitive, making it risky to rely on just one source of income.; Higher inventory levels due to changes in the store model have led to increased borrowing for working capital, which will need to be managed carefully.; Fabindia’s sales are sensitive to economic downturns,. During tough financial times, people may cut back on spending which could impact the company’s performance.
- **About Company:** Fabindia Private Limited, founded in 1960, is India’s largest private platform for products crafted using traditional techniques and hand-based processes. By connecting thousands of rural artisans to urban markets, the brand fosters sustainable employment while preserving India’s rich handicraft heritage. Known for its natural, artisan-based, and affordable products, Fabindia offers a wide range of clothing, home decor, and organic foods that blend tradition with contemporary design.

### Hero Fincorp (HEROFINCORP)
- **URL:** https://ipotrack.in/ipo/hero-fincorp
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** ₹2100 crores
- **Offer For Sale (OFS):** ₹1568.13 crores
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** The company benefits significantly from the strong track record and reputation associated with the long-standing “Hero” brand.; The company’s overall customer base is over 11.80 million customers, which includes 5 million active retail customers, 29,060 active MSME customers, and 360 active CIF customers, as of March 31, 2024.; The company is a strong liability franchise and has access to low-cost borrowing, and strong credit ratings of “AA+ with stable outlook” from CRISIL, ICRA, and CARE, and its commercial papers are rated “A1+” by CRISIL, CARE, and ICRA as at March 31, 2024.; As of March 31, 2024, The company had a positive asset liability management on a cumulative basis across the majority of the time buckets, with a surplus of 3.17 times.; The company has a well-integrated technology platform across functions and data-driven operations. Constant digital innovation has led to a significant improvement in its non-cash collections rate from 76.00% in Fiscal 2022 to 83.31% in Fiscal 2024.
- **Key Risks:** The company sourced 99% of its two-wheeler loans from its Promoter, Hero MotoCorp’s two-wheeler dealership. Any decline in demand for Hero two-wheelers may adversely affect the business.; Changes in interest rates may affect its treasury operations, causing net interest income to decline.; The company extends fixed-rate and floating-rate loans to customers, and any adverse change in interest rates could cause net interest income to decline and adversely affect the business.; Unsecured loans comprised 39% of total assets under management, respectively. If the company is unable to recover such receivables promptly or at all, the business may be adversely affected; The company may face asset-liability mismatches, which could adversely affect its liquidity and consequently affect its profitability and financial condition.; The Indian financial services industry in which the company operates is highly competitive and the growth of the business depends on its ability to compete effectively.
- **About Company:** Incorporated in 1991, Hero Fincorp, part of the Hero MotoCorp group is a scaled NBFC offering a diversified suite of financial products catered primarily to the growing retail customer segment and the rapidly formalizing MSME customer segment in India. The company’s business verticals are the following: i) retail, ii)MSME, and iii) CIF loans. Its retail loans include vehicle, personal, and mortgage loans. MSME Finance includes offering MSME customers (i) secured loans in the form of loans against property and construction finance; and (ii) unsecured loans in the form of business loans and supply chain finance, to support them in the operation and expansion of their businesses, including acquiring fixed assets and meeting working capital needs. In its CIF loans segment, It offers secured loans to corporate & institutional customers such as promoters, holding companies, and operating entities of large corporations.

### Flipkart (FLIPKART)
- **URL:** https://ipotrack.in/ipo/flipkart
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Flipkart Private Limited, founded in 2007 by Sachin Bansal and Binny Bansal, is an Indian e-commerce company headquartered in Bengaluru. It offers products across categories such as groceries, electronics, fashion, home, and lifestyle. Over the years, Flipkart has expanded through acquisitions including Myntra, Jabong, and eBay India. In 2018, Walmart acquired a majority stake in the company. Flipkart serves a wide customer base across India and operates branch offices in Delhi and Mumbai. The company is in the process of shifting its headquarters from Singapore back to India ahead of its planned public listing.

### PhonePe (PHONEPE)
- **URL:** https://ipotrack.in/ipo/phonepe
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Leading digital payments platform with a large and active user base; Strong brand recall supported by the PhonePe app ecosystem; Diversified offerings across UPI, wallets, insurance, wealth, and merchant services; Deep integration with merchants and financial institutions across India; Backed by experienced promoters and strong technology capabilities
- **Key Risks:** Continued losses and negative cash flows may persist in the near term; Highly competitive fintech and digital payments market; Heavy dependence on UPI transaction volumes and regulatory framework; Data security and technology failures could impact trust and operations; Regulatory changes may affect business model and monetization
- **About Company:** Incorporated in 2015, PhonePe is a leading digital payments and financial services company owned by Walmart. It enables users to perform various financial transactions, including sending and receiving money, recharging mobile phones and DTH services, making utility payments, and conducting in-store transactions. It was India’s first Unified Payments Interface (UPI)-based payments app launched by a non-bank fintech company.

### EAAA India Alternatives (EAAAINDIA)
- **URL:** https://ipotrack.in/ipo/eaaa-india-alternatives
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 1500
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 1500
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Over 15 years of experience in alternative asset management; Backed by the established Edelweiss Group; Diversified platform across real assets and private credit; Asset-light, scalable, fee-based business model; Experienced leadership with strong investment expertise
- **Key Risks:** Revenue depends on fund performance and capital commitments; Fund underperformance may impact profitability and fundraising; Subject to complex and evolving regulatory requirements; Asset valuations involve judgment and estimation risk; Competitive pressure may affect fees and growth
- **About Company:** EAAA India Alternatives, formerly Edelweiss Alternative Asset Advisors, is a prominent alternative asset management firm in India. Established in 2008 and headquartered in Mumbai, the company specialises in managing and advising on a diverse portfolio of investments, including private credit, real estate credit, infrastructure yield, and special situations. The firm caters to a global clientele comprising institutional investors, pension funds, insurance companies, and high-net-worth individuals, emphasising a multi-strategy approach to alternative investments.

### Zepto (ZEPTO)
- **URL:** https://ipotrack.in/ipo/zepto
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Fastest-growing quick commerce platform in India by order volume among scaled players between Fiscal 2024 and Fiscal 2026.; Significant increase in market share of quick commerce orders, rising from about 26% to 35% during the period.; Operates a technology-driven quick commerce model supported by dark stores and optimised delivery networks.; Generates revenue from multiple streams including product sales, advertising solutions, Zepto Café, and supply chain services.; Uses in-house technology systems to manage operations, fulfilment, delivery, and user engagement.
- **Key Risks:** The company has incurred losses in recent years and may not achieve or sustain profitability in the future.; Intense competition in the quick commerce sector could affect growth, market share, and profitability.; Negative publicity, including social media commentary, could harm the company’s reputation and business.; Failure to ensure product quality, quantity, or accuracy could lead to recalls, refunds, and reputational damage.; Food safety, hygiene, and quality issues related to Zepto Café could adversely impact operations and brand image.
- **About Company:** Zepto Limited operates a quick commerce platform that enables users to purchase a wide range of products from third-party merchant partners through the “Zepto” mobile application. Orders placed on the platform are processed through strategically located dark stores operated by the company and delivered to users through last-mile delivery partners. In addition to groceries and household products, merchant partners offer freshly prepared food items through Zepto Café, which uses the same dark store and delivery infrastructure. The company also provides advertising and promotional solutions to brand partners, including sponsored placements, in-app advertising, analytics and campaign performance tools, creating an additional monetisation channel. Further, it offers supply chain services by sourcing products from brands and selling them to wholesalers and retailers on a non-exclusive basis. The company’s business is supported by its in-house technology systems that help manage operations, fulfilment, delivery and user engagement.

### BOAT (BOAT)
- **URL:** https://ipotrack.in/ipo/boat
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 1500
- **Fresh Issue:** 500
- **Offer For Sale (OFS):** 1000
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Strong brand recall among young, digitally native consumers.; Asset-light, digital-first business model with scalable operations.; Diversified product portfolio across audio, wearables, and accessories.; Omni-channel distribution with strong online and growing offline presence.; Data-driven product design and marketing capabilities.
- **Key Risks:** High dependence on third-party manufacturers and suppliers.; Intense competition in the consumer electronics and wearables market.; Profitability sensitive to marketing spend and working capital needs.; Exposure to rapid changes in consumer preferences and technology.; Significant reliance on online sales platforms for revenue.
- **About Company:** Imagine Marketing Limited was incorporated in November 2013 and operates primarily under the brand “boAt”, launched in 2015. The company was founded and is promoted by Sameer Ashok Mehta, Aman Gupta, and South Lake Investment Ltd. It is a digital-first consumer electronics company focused on lifestyle-oriented, mass-premium products at accessible price points.The company designs, markets, and sells a wide range of consumer devices, including personal and large audio products, wearables such as smartwatches and smart rings, and charging solutions like cables, chargers, and power banks. Operations are asset-light, with manufacturing largely outsourced to strategic partners, while the company focuses on product design, branding, marketing, and distribution.

### MakeMyTrip (MAKEMYTRIP)
- **URL:** https://ipotrack.in/ipo/makemytrip
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** MakeMyTrip Limited is India’s leading online travel platform, offering services across flights, hotels, holiday packages, rail, bus, and cab bookings through its brands—MakeMyTrip, Goibibo, and redBus. The company is listed on Nasdaq and operates primarily through its Indian subsidiaries, catering to both retail and corporate travel segments. Over the years, it has built a dominant position in India’s online travel market, supported by a wide inventory, strong brand recall, and increasing adoption of digital travel services.

### Parle Products (PARLE)
- **URL:** https://ipotrack.in/ipo/parle-products
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Parle Products is one of India’s largest and oldest fast-moving consumer goods (FMCG) companies, founded in 1929 by the Chauhan family in Mumbai. It is best known for its flagship brand Parle-G, widely regarded as the world’s top-selling biscuit. Over decades, the company has built a diversified portfolio including brands such as Monaco, KrackJack, Hide & Seek, Melody, and Mango Bite. With a strong rural and urban distribution network and presence across multiple price segments, Parle remains a dominant player in India’s biscuit and confectionery market.

### OYO (OYO)
- **URL:** https://ipotrack.in/ipo/oyo
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** 6650
- **Fresh Issue:** 6650
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Asset-light business model enables expansion with limited ownership of hotel properties.; Diversified hospitality portfolio spans hotels, vacation homes, and property listing businesses.; Technology platform supports pricing, distribution, partner operations, and customer experience.; Presence across multiple countries reduces dependence on a single market.; Revenue comes from multiple streams, including revenue sharing, commissions, subscriptions, and franchise royalties.
- **Key Risks:** The company has incurred losses in the past and may not sustain profitability in the future.; A significant portion of the IPO proceeds will be used to repay borrowings of its subsidiary.; The business depends on maintaining relationships with hotel owners, property partners, and franchisees.; Any technology failure, cyberattack, or data security breach could disrupt operations and affect the business.; The company is involved in legal and regulatory proceedings that could adversely affect its business, financial condition, and reputation.
- **About Company:** Oravel Stays Limited operates a technology-driven hospitality platform that connects property owners, lessors, and operators with customers seeking short-stay accommodation. The company provides technology, branding, and operational enablement services that help its partners list and distribute their properties, while offering tools for dynamic pricing, revenue management, content management, customer support, and supply performance monitoring. Its business operates across three verticals: Hotels, with brands such as OYO, Sunday, Townhouse, Motel 6 and Studio 6; Homes, offering professionally managed vacation rentals under brands including Belvilla, DanCenter and Checkmyguest; and Listings, which offers subscription-based property listings in Europe. The company also offers wedding venues, co-working spaces, tours and events, insurance facilitation, cleaning services, food and beverage, and subscription programmes. It follows an asset-light model, generating revenue primarily through revenue-sharing with hotel partners, commission income from home and listing bookings, and royalty fees from franchisees under its G6 Hospitality brands.

### Acko (ACKO)
- **URL:** https://ipotrack.in/ipo/acko
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **About Company:** Acko is a Bengaluru-based digital-first insurance company founded in 2016 by Varun Dua. It operates as a direct-to-consumer insurer offering motor, health, travel, and other insurance products through a fully online platform, bypassing traditional agents. The company has positioned itself as a technology-led insurtech player with a strong focus on simplifying policy purchase and claims experience. Backed by investors such as General Atlantic, Accel, and CPP Investments, Acko has raised over $580 million to date and has built scale through embedded distribution partnerships and digital channels.

### Reliance Jio (JIO)
- **URL:** https://ipotrack.in/ipo/reliance-jio
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** Operates a full-stack technology platform built on proprietary digital technology and connectivity infrastructure.; Serves over 524 million customers through a large digital connectivity and services ecosystem.; Has one of India’s most extensive network infrastructures with nationwide wireless and broadband coverage.; Provides access to a wide range of proprietary and third-party digital services through its integrated platform.; Has a proven track record of scale, revenue growth, profitability, and a strong balance sheet.
- **Key Risks:** Intense competition from telecom operators and global digital technology companies may impact growth and pricing.; Changes in telecom licensing, spectrum policies, or data regulations could affect business operations.; Cybersecurity threats, data privacy issues, or infrastructure vulnerabilities could impact customer trust and services.; Economic slowdowns may reduce spending on digital connectivity and enterprise digital services.; Customer churn due to tariff changes, SIM consolidation, or mobile number portability could affect subscriber growth.
- **About Company:** If there was one listing the Indian capital markets were eagerly awaiting, it was Jio. The company has filed for an IPO with a fresh issue, meaning the funds raised will go to Jio itself rather than existing shareholders. Jio’s 2016 launch with virtually free data and calls transformed India’s digital economy. Data prices fell from about ₹225 per GB to roughly ₹10, helping fuel the rise of platforms like YouTube, Substack, and countless internet businesses. Alongside UPI’s growth from near zero to 228 billion transactions in 2025, India’s digital adoption surged: demat accounts rose from 3 crore to over 20 crore, online shoppers tripled, and monthly data consumption per person jumped from less than 0.2 GB to over 42 GB. Read more.

### NSE (NSE)
- **URL:** https://ipotrack.in/ipo/nse
- **Type:** Mainboard | **Exchanges:** NSE/BSE
- **Status:** UPCOMING
- **Price Band:** –
- **Lot Size:** TBA Shares
- **Total Issue Size:** TBA
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** TBA to TBA
- **Allotment Finalization:** TBA
- **Refund Initiation:** TBA
- **Share Credit Date:** TBA
- **Listing Date:** TBA
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Key Strengths:** NSE operates one of India’s largest electronic trading platforms across multiple asset classes.; The company has diversified revenue streams from trading, listing, clearing, data, connectivity and licensing services.; Its technology infrastructure can process very high transaction volumes with low response times.; NSE has a large and diverse customer base including issuers, trading members, investors and data users.; The company has established risk management, surveillance and investor protection mechanisms to support market operations.
- **Key Risks:** A significant drop in trading activity could materially reduce the company’s revenue and profitability.; NSE derives a major portion of its revenue from transaction charges, particularly options and futures trading.; Failures or disruptions in its technology systems could affect trading operations and investor confidence.; The business depends on regulatory approvals, and delays or rejections could limit new product launches.; A large share of revenue comes from a limited number of trading members, creating customer concentration risk.
- **About Company:** National Stock Exchange of India Limited (NSE) is a market infrastructure institution that operates an electronic platform for trading and listing of securities and financial instruments in India. Its business spans trading, listing, clearing and settlement, data and connectivity services, and index-related offerings. NSE facilitates trading across multiple market segments, including cash equities, futures and options, mutual funds, currency derivatives, commodity derivatives and debt products. It also provides clearing and settlement services through its subsidiary, offers colocation and data connectivity infrastructure to market participants, and earns revenue from market data feeds, terminal services, index licensing and data subscriptions. The company generates most of its revenue from transaction charges levied on trades executed on its exchange, while additional revenue comes from listing fees, clearing and settlement services, data centre and connectivity services, and licensing activities. NSE’s business is supported by technology-driven trading, risk management, surveillance and post-trade infrastructure.

### Kusumgar (KUSUMGAR)
- **URL:** https://ipotrack.in/ipo/kusumgar
- **Type:** Mainboard | **Exchanges:** BSE, NSE
- **Status:** CLOSED
- **Price Band:** ₹398 – ₹419
- **Lot Size:** 35 Shares
- **Total Issue Size:** 650
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** 650
- **Bidding Window:** 08 Jul 2026 to 10 Jul 2026
- **Allotment Finalization:** 13 Jul 2026
- **Refund Initiation:** 14 Jul 2026
- **Share Credit Date:** 14 Jul 2026
- **Listing Date:** 15 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹161 (Gain: 38.42%)
- **Estimated Listing Price:** ₹580
- **Official Listing Price:** ₹569 (Gain: 35.80%)
- **Key Strengths:** Operates across multiple technical textile segments, including aerospace, defence, industrial, automotive, and outdoor fabrics.; Has integrated manufacturing capabilities covering weaving, coating, lamination, and finishing processes.; Develops customised engineered fabric solutions to meet specific customer requirements.; Entry barriers in its industry include specialised certifications, regulatory approvals, and long customer qualification cycles.; Focuses on research, product development, and introducing new products to support business growth.
- **Key Risks:** A large share of revenue comes from the aerospace, defence, industrial, and automotive fabric segments, making the business dependent on these markets.; Loss of major customers could significantly impact revenue, as the top 10 customers contributed 59.52% of FY2026 revenue.; The company depends on a limited number of suppliers and does not have long-term supply agreements.; Most manufacturing facilities are located in Gujarat, exposing operations to regional disruptions.; The company generally does not have long-term sales agreements with customers, creating demand uncertainty.
- **About Company:** Kusumgar Limited manufactures technical textile fabrics and solutions for aerospace, defence, automotive, industrial, and outdoor applications. It operates across four segments: Aerospace and Defence Fabrics, Aerospace and Defence Solutions, Industrial and Automotive Fabrics, and Outdoor and Lifestyle Fabrics. The company manages the entire manufacturing process in-house, from yarn selection to coating, lamination and finishing. It also uses materials such as polyurethane, TPU, silicone and PTFE to produce specialised performance fabrics for demanding applications.

### Kratikal Tech (KRATIKAL)
- **URL:** https://ipotrack.in/ipo/kratikal-tech
- **Type:** SME | **Exchanges:** BSE SME
- **Status:** CLOSED
- **Price Band:** ₹128 – ₹135
- **Lot Size:** 1000 Shares
- **Total Issue Size:** 39.69
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹78 (Gain: 57.78%)
- **Estimated Listing Price:** ₹213
- **Official Listing Price:** ₹192 (Gain: 42.22%)
- **Key Strengths:** Offers a complete people security management platform through its proprietary Threatcop suite.; Provides AI-driven cybersecurity solutions through its Threatcop and AutoSecT platforms.; Delivers integrated cybersecurity coverage across people, process and technology layers.; Is empanelled by CERT-In as an Information Security Auditing Organisation.; Has experienced management and technical teams supporting its operations.
- **Key Risks:** Intense competition may reduce pricing power, profitability and customer retention.; A large share of revenue is generated in the last quarter, creating earnings volatility.; Failure to maintain required certifications and approvals could affect business operations and contracts.; Potential conflicts of interest may arise due to overlapping activities with subsidiaries and group companies.; Equity shares were issued at lower prices in the past year, which may affect investor perception.
- **About Company:** Kratikal Tech Limited is a cybersecurity company that provides AI-driven Software-as-a-Service (SaaS) solutions, along with cybersecurity and regulatory compliance services. The company operates through two integrated business lines. Its People Security Management offerings under the Threatcop brand focus on reducing human-related cyber risks through products such as security awareness training, phishing simulations, learning management systems, email authentication and incident response tools. Its Technology and Process Security Services under the Kratikal brand include vulnerability assessment and penetration testing (VAPT), application and infrastructure security, red-team exercises, and governance, risk and compliance (GRC) services, supported by its AI-driven VMDR platform and AutoSecT solution. The company generates revenue from its cybersecurity products and services and serves clients across sectors including BFSI, fintech, telecom, IT/ITES, healthcare, pharmaceuticals, e-commerce, and manufacturing in India and overseas markets.

### Vinit Mobile (VMOBILE)
- **URL:** https://ipotrack.in/ipo/vinit-mobile
- **Type:** SME | **Exchanges:** NSE SME
- **Status:** CLOSED
- **Price Band:** ₹150 – ₹158
- **Lot Size:** 800 Shares
- **Total Issue Size:** 34.13
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** ₹0 (Gain: -%)
- **Estimated Listing Price:** ₹158
- **Key Strengths:** Operates a network of 35 company-owned mobile retail stores across Surat and Jaipur.; Offers a wide range of leading smartphone brands, along with tablets and mobile accessories under one roof.; Generates revenue from both retail customers and bulk sales to retailers and corporate customers.; Promoter and Managing Director Mr. Vinit Jalan has over 15 years of experience in the mobile retail business.; Uses an in-house ERP system to manage inventory, billing and store operations across its retail network.
- **Key Risks:** The business is focused mainly on mobile phones and accessories, limiting product diversification.; A large share of purchases comes from a limited number of suppliers, creating supplier concentration risk.; Operations and revenue are concentrated mainly in Surat, Gujarat, exposing the business to regional risks.; The company depends on employees provided by brand partners at its retail stores for sales and operations.; The business depends heavily on its promoter and key management, and it does not have a formal succession plan.
- **About Company:** Vinit Mobile Limited is a multi-brand mobile retail company engaged in the sale of mobile phones, tablets and related accessories through its Company-Owned and Company-Operated (COCO) retail network. The company operates 35 retail stores across the Surat district of Gujarat and the Jaipur district of Rajasthan. It offers products from leading smartphone brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Motorola, OnePlus and Realme, along with accessories including chargers, earphones, power banks, screen guards and mobile covers. The company primarily generates revenue from retail sales to individual customers, while also supplying mobile handsets and accessories in bulk to small and mid-sized retailers and corporate customers. Its centralised operating model uses an in-house ERP platform for inventory management, billing and store operations. The company also facilitates consumer financing through financial institution partners and provides after-sales support through authorised service centres.

### Atharva Poly-Plast (ATHARVA)
- **URL:** https://ipotrack.in/ipo/atharva-poly-plast
- **Type:** SME | **Exchanges:** NSE/BSE
- **Status:** CLOSED
- **Price Band:** ₹55 – ₹60
- **Lot Size:** 2000 Shares
- **Total Issue Size:** 27.00
- **Fresh Issue:** N/A
- **Offer For Sale (OFS):** N/A
- **Bidding Window:** 30 Jun 2026 to 02 Jul 2026
- **Allotment Finalization:** 03 Jul 2026
- **Refund Initiation:** 06 Jul 2026
- **Share Credit Date:** 06 Jul 2026
- **Listing Date:** 07 Jul 2026
- **Registrar:** TBA
- **Current GMP:** TBA (Gain: —)
- **Official Listing Price:** ₹69 (Gain: 15.00%)
- **Key Strengths:** The company offers end-to-end manufacturing solutions through both OEM and ODM business models.; It specialises in manufacturing plastic components using advanced injection moulding techniques.; Its products serve multiple industries, including automotive, electrical appliances, plastic processing and rubber moulding.; The company has expanded into international markets and has begun exporting to North America.; It holds ISO 9001, ISO 14001 and ISO 45001 certifications for quality, environmental and safety management systems.
- **Key Risks:** The company has pending civil litigation seeking recovery of dues and interest.; A required registration under the Maharashtra Shops and Establishments Act is pending.; The company does not have any registered trademark as of the date of the RHP.; Several licenses and approvals are still being updated to reflect the company’s new public company name.; The registered office operates from a leased property, creating dependence on lease continuity.
- **About Company:** Atharva Poly-Plast Limited is a plastic component manufacturing company that provides end-to-end solutions through both Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM) models. The company uses advanced injection moulding processes to manufacture plastic components for customers across multiple industries. Under its OEM business, it manufactures specialised components based on customer designs and quality specifications, while its ODM business covers the entire product lifecycle, from concept and design to final production. Its product portfolio includes precision mould bases, moulding patterns and tooling components used in plastic and rubber moulding applications. These products serve sectors such as plastic processing, rubber moulding, automotive components, electrical appliances and selected fabricated metal applications. The company generates revenue primarily from the manufacture and sale of these precision-engineered products and components. It operates a manufacturing facility in Satara, Maharashtra, and focuses on delivering products that meet customer-specific requirements and quality standards.

## 2. Articles, Reviews & Guides

### The Greenshoe (Overallotment) Option in Indian IPOs: A Complete Guide for Retail Investors
- **URL:** https://ipotrack.in/blog/greenshoe-overallotment-option-indian-ipos-guide
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "The Greenshoe (Overallotment) Option in Indian IPOs: A Complete Guide for Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Valuing Indian IPOs: A Practical Guide Using DCF and Comparable Company Analysis for Retail Investors
- **URL:** https://ipotrack.in/blog/valuing-indian-ipos-practical-guide-dcf-comparable-analysis
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "Valuing Indian IPOs: A Practical Guide Using DCF and Comparable Company Analysis for Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Lohia Corp IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/lohia-corp-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Complete guide to Lohia Corp IPO — price band ₹404 – ₹425, lot size 35 shares. Check GMP, subscription status, allotment date, and how to apply.

### Xtranet Technologies IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/xtranet-technologies-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Complete guide to Xtranet Technologies IPO — price band ₹120 – ₹127, lot size 110 shares. Check GMP, subscription status, allotment date, and how to apply.

### Decoding the IPO Prospectus: A Retail Investor’s Guide to Key Financial Metrics and Red Flags
- **URL:** https://ipotrack.in/blog/decoding-ipo-prospectus-retail-investor-guide
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "Decoding the IPO Prospectus: A Retail Investor’s Guide to Key Financial Metrics and Red Flags". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### IPO Evaluation Checklist: How Indian Retail Investors Can Assess an IPO Before Applying
- **URL:** https://ipotrack.in/blog/ipo-evaluation-checklist-how-indian-retail-investors-can-assess-an-ipo-before-applying
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "IPO Evaluation Checklist: How Indian Retail Investors Can Assess an IPO Before Applying". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### IPO vs FPO: Key Differences Every Indian Retail Investor Should Know
- **URL:** https://ipotrack.in/blog/ipo-vs-fpo-key-differences
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "IPO vs FPO: Key Differences Every Indian Retail Investor Should Know". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Greenshoe Option in Indian IPOs: What It Is, How It Works, and Its Impact on Retail Investors
- **URL:** https://ipotrack.in/blog/greenshoe-option-indian-ipos
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Discover everything about "Greenshoe Option in Indian IPOs: What It Is, How It Works, and Its Impact on Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Gulf Lloyds (India) IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/gulf-lloyds-india-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 21 Jul 2026
- **Excerpt:** Step-by-step guide to check Gulf Lloyds (India) IPO allotment status online on registrar website and BSE. Expected allotment date: 23/7/2026.

### Shree Balaji (Mala) Textiles IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/shree-balaji-mala-textiles-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Complete guide to Shree Balaji (Mala) Textiles IPO — price band ₹66 – ₹70, lot size 2000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Metalic Technoforge IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/metalic-technoforge-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Complete guide to Metalic Technoforge IPO — price band ₹72 – ₹77, lot size 1600 shares. Check GMP, subscription status, allotment date, and how to apply.

### IPO Weekly Rundown — Week of 20 Jul 2026: 7 IPOs in Action
- **URL:** https://ipotrack.in/blog/ipo-weekly-rundown-20-jul-2026
- **Category:** Weekly Rundown
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Your complete weekly IPO market roundup for 20 Jul 2026. 2 IPOs opening, 4 closing, 5 listing this week.

### Caliber Mining and Logistics IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/caliber-mining-and-logistics-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Step-by-step guide to check Caliber Mining and Logistics IPO allotment status online on registrar website and BSE. Expected allotment date: 22/7/2026.

### Cube Highways Trust IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/cube-highways-trust-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Complete guide to Cube Highways Trust IPO — price band ₹151 – ₹152, lot size 95 shares. Check GMP, subscription status, allotment date, and how to apply.

### Lotus Petal Charitable Foundation IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/lotus-petal-charitable-foundation-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Complete guide to Lotus Petal Charitable Foundation IPO — price band ₹1, lot size 1000 shares. Check GMP, subscription status, allotment date, and how to apply.

### How to Apply for an IPO in India: A Step-by-Step Guide Across Banks, Brokers, and Apps
- **URL:** https://ipotrack.in/blog/how-to-apply-for-ipo-in-india-step-by-step-guide
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Discover everything about "How to Apply for an IPO in India: A Step-by-Step Guide Across Banks, Brokers, and Apps". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Tax Implications of IPO Gains in India: A Complete Guide for Retail Investors
- **URL:** https://ipotrack.in/blog/tax-implications-of-ipo-gains-india
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 20 Jul 2026
- **Excerpt:** Discover everything about "Tax Implications of IPO Gains in India: A Complete Guide for Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### The Ultimate Guide to IPO Subscription & Allotment for Indian Retail Investors
- **URL:** https://ipotrack.in/blog/ultimate-guide-ipo-subscription-allotment-india
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "The Ultimate Guide to IPO Subscription & Allotment for Indian Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Calculate IPO Returns: A Step-by-Step Guide for Indian Retail Investors
- **URL:** https://ipotrack.in/blog/how-to-calculate-ipo-returns-guide
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "How to Calculate IPO Returns: A Step-by-Step Guide for Indian Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### A Retail Investor’s Complete Guide to Valuing IPOs: Methods, Metrics, and Practical Tips
- **URL:** https://ipotrack.in/blog/retail-investors-complete-guide-to-valuing-ipos
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "A Retail Investor’s Complete Guide to Valuing IPOs: Methods, Metrics, and Practical Tips". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Calculate the Fair Value of an IPO: A Practical Guide for Indian Retail Investors
- **URL:** https://ipotrack.in/blog/how-to-calculate-fair-value-of-an-ipo
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "How to Calculate the Fair Value of an IPO: A Practical Guide for Indian Retail Investors". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Use the Pre-Open Session to Buy or Sell IPO Shares on Listing Day
- **URL:** https://ipotrack.in/blog/how-to-use-pre-open-session-buy-sell-ipo-listing-day
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "How to Use the Pre-Open Session to Buy or Sell IPO Shares on Listing Day". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Top 10 IPO Terms Every Retail Investor Must Know
- **URL:** https://ipotrack.in/blog/top-10-ipo-terms-retail-investor-must-know
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "Top 10 IPO Terms Every Retail Investor Must Know". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is Greenshoe Option in an IPO and How it Prevents Post-Listing Crash?
- **URL:** https://ipotrack.in/blog/what-is-greenshoe-option-ipo-prevents-listing-crash
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "What is Greenshoe Option in an IPO and How it Prevents Post-Listing Crash?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Sotefin Bharat IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/sotefin-bharat-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Step-by-step guide to check Sotefin Bharat IPO allotment status online on registrar website and BSE. Expected allotment date: 21/7/2026.

### Book Building IPO vs Fixed Price IPO: Differences Explained
- **URL:** https://ipotrack.in/blog/book-building-ipo-vs-fixed-price-ipo-differences
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "Book Building IPO vs Fixed Price IPO: Differences Explained". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Identify a Good SME IPO and Avoid Fraudulent Listings
- **URL:** https://ipotrack.in/blog/how-to-identify-good-sme-ipo-avoid-fraud
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "How to Identify a Good SME IPO and Avoid Fraudulent Listings". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is IPO Grading and Who Decides the IPO Grade?
- **URL:** https://ipotrack.in/blog/what-is-ipo-grading-who-decides-grade
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 19 Jul 2026
- **Excerpt:** Discover everything about "What is IPO Grading and Who Decides the IPO Grade?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Read Promoter Holding and Shareholding Pattern in IPOs
- **URL:** https://ipotrack.in/blog/how-to-read-promoter-holding-shareholding-pattern-ipo
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 18 Jul 2026
- **Excerpt:** Discover everything about "How to Read Promoter Holding and Shareholding Pattern in IPOs". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is HNI Category in IPO? Bid Size, Allotment, and Funding Explained
- **URL:** https://ipotrack.in/blog/what-is-hni-category-ipo-bid-size-allotment-funding
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 18 Jul 2026
- **Excerpt:** Discover everything about "What is HNI Category in IPO? Bid Size, Allotment, and Funding Explained". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Mutual Funds vs IPOs: Which is Better for Beginners?
- **URL:** https://ipotrack.in/blog/mutual-funds-vs-ipos-better-for-beginners
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 18 Jul 2026
- **Excerpt:** Discover everything about "Mutual Funds vs IPOs: Which is Better for Beginners?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is a Demat Account and How to Choose the Best One in India?
- **URL:** https://ipotrack.in/blog/what-is-demat-account-how-to-choose-best-india
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 18 Jul 2026
- **Excerpt:** Discover everything about "What is a Demat Account and How to Choose the Best One in India?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Dignity Education Vision International (DEVI Sansthan) IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/dignity-education-vision-international-devi-sansthan-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 17 Jul 2026
- **Excerpt:** Complete guide to Dignity Education Vision International (DEVI Sansthan) IPO — price band ₹1, lot size 1000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Common Reasons Why Your IPO Application Might Get Rejected
- **URL:** https://ipotrack.in/blog/common-reasons-why-ipo-application-rejected
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 17 Jul 2026
- **Excerpt:** Discover everything about "Common Reasons Why Your IPO Application Might Get Rejected". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Gulf Lloyds (India) IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/gulf-lloyds-india-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 16 Jul 2026
- **Excerpt:** Complete guide to Gulf Lloyds (India) IPO — price band ₹–, lot size 1200 shares. Check GMP, subscription status, allotment date, and how to apply.

### Millworks Technologies IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/millworks-technologies-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 15 Jul 2026
- **Excerpt:** Step-by-step guide to check Millworks Technologies IPO allotment status online on registrar website and BSE. Expected allotment date: 17/7/2026.

### SBI Funds Management IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/sbi-funds-management-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 15 Jul 2026
- **Excerpt:** Step-by-step guide to check SBI Funds Management IPO allotment status online on registrar website and BSE. Expected allotment date: 17/7/2026.

### Alpine Texworld IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/alpine-texworld-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 15 Jul 2026
- **Excerpt:** Step-by-step guide to check Alpine Texworld IPO allotment status online on registrar website and BSE. Expected allotment date: 17/7/2026.

### Caliber Mining and Logistics IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/caliber-mining-and-logistics-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 14 Jul 2026
- **Excerpt:** Complete guide to Caliber Mining and Logistics IPO — price band ₹402 – ₹424, lot size 35 shares. Check GMP, subscription status, allotment date, and how to apply.

### What is Listing Gain in Stock Market and How is it Taxed?
- **URL:** https://ipotrack.in/blog/what-is-listing-gain-stock-market-taxation
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 14 Jul 2026
- **Excerpt:** Discover everything about "What is Listing Gain in Stock Market and How is it Taxed?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Sotefin Bharat IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/sotefin-bharat-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 13 Jul 2026
- **Excerpt:** Complete guide to Sotefin Bharat IPO — price band ₹178 – ₹187, lot size 600 shares. Check GMP, subscription status, allotment date, and how to apply.

### IPO Weekly Rundown — Week of 13 Jul 2026: 8 IPOs in Action
- **URL:** https://ipotrack.in/blog/ipo-weekly-rundown-13-jul-2026
- **Category:** Weekly Rundown
- **Author:** IPO Track Team
- **Published Date:** 13 Jul 2026
- **Excerpt:** Your complete weekly IPO market roundup for 13 Jul 2026. 4 IPOs opening, 7 closing, 4 listing this week.

### What is the Cut-Off Price in an IPO and Why Should You Select It?
- **URL:** https://ipotrack.in/blog/what-is-cut-off-price-ipo-why-select
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 12 Jul 2026
- **Excerpt:** Discover everything about "What is the Cut-Off Price in an IPO and Why Should You Select It?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Happy Steels IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/happy-steels-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 12 Jul 2026
- **Excerpt:** Step-by-step guide to check Happy Steels IPO allotment status online on registrar website and BSE. Expected allotment date: 14/7/2026.

### Laser Power and Infra IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/laser-power-and-infra-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 12 Jul 2026
- **Excerpt:** Step-by-step guide to check Laser Power and Infra IPO allotment status online on registrar website and BSE. Expected allotment date: 14/7/2026.

### Devson Catalyst IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/devson-catalyst-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 12 Jul 2026
- **Excerpt:** Step-by-step guide to check Devson Catalyst IPO allotment status online on registrar website and BSE. Expected allotment date: 14/7/2026.

### SBI Funds Management IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/sbi-funds-management-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 12 Jul 2026
- **Excerpt:** Complete guide to SBI Funds Management IPO — price band ₹545 – ₹574, lot size 26 shares. Check GMP, subscription status, allotment date, and how to apply.

### What is an Anchor Investor Quota in an IPO and Why It Matters
- **URL:** https://ipotrack.in/blog/what-is-anchor-investor-quota-ipo-why-matters
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "What is an Anchor Investor Quota in an IPO and Why It Matters". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### How to Apply for an IPO Using UPI ASBA: Step-by-Step Guide
- **URL:** https://ipotrack.in/blog/how-to-apply-ipo-using-upi-asba-step-by-step
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "How to Apply for an IPO Using UPI ASBA: Step-by-Step Guide". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Understanding QIB, NII, and Retail Quotas in Indian IPOs
- **URL:** https://ipotrack.in/blog/understanding-qib-nii-retail-quotas-indian-ipos
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "Understanding QIB, NII, and Retail Quotas in Indian IPOs". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is a Red Herring Prospectus (RHP) and How to Read It?
- **URL:** https://ipotrack.in/blog/what-is-red-herring-prospectus-rhp-how-to-read
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "What is a Red Herring Prospectus (RHP) and How to Read It?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Kusumgar IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/kusumgar-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Jeeto Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Step-by-step guide to check Kusumgar IPO allotment status online on registrar website and BSE. Expected allotment date: 13/7/2026.

### How to Increase Your Chances of IPO Allotment: 7 Proven Tips
- **URL:** https://ipotrack.in/blog/how-to-increase-ipo-allotment-chances-tips-strategies
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "How to Increase Your Chances of IPO Allotment: 7 Proven Tips". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### SME IPO vs Mainboard IPO in India: Key Differences and Risks
- **URL:** https://ipotrack.in/blog/sme-ipo-vs-mainboard-ipo-india-differences-risks
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "SME IPO vs Mainboard IPO in India: Key Differences and Risks". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### What is Grey Market Premium (GMP) in IPO and How is it Calculated?
- **URL:** https://ipotrack.in/blog/what-is-grey-market-premium-gmp-ipo-how-calculated
- **Category:** IPO Guide
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Discover everything about "What is Grey Market Premium (GMP) in IPO and How is it Calculated?". Read our detailed guide covering key terms, FAQs, and step-by-step instructions.

### Millworks Technologies IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/millworks-technologies-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Complete guide to Millworks Technologies IPO — price band ₹315 – ₹331, lot size 400 shares. Check GMP, subscription status, allotment date, and how to apply.

### Alpine Texworld IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/alpine-texworld-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 11 Jul 2026
- **Excerpt:** Complete guide to Alpine Texworld IPO — price band ₹100 – ₹105, lot size 142 shares. Check GMP, subscription status, allotment date, and how to apply.

### Laser Power and Infra Limited IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/laser-power-and-infra-limited-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 06 Jul 2026
- **Excerpt:** Complete guide to Laser Power and Infra Limited IPO — price band ₹203 – ₹214, lot size 70 shares. Check GMP, subscription status, allotment date, and how to apply.

### IPO Weekly Rundown — Week of 6 Jul 2026: 13 IPOs in Action
- **URL:** https://ipotrack.in/blog/ipo-weekly-rundown-6-jul-2026
- **Category:** Weekly Rundown
- **Author:** IPO Track Team
- **Published Date:** 06 Jul 2026
- **Excerpt:** Your complete weekly IPO market roundup for 6 Jul 2026. 3 IPOs opening, 2 closing, 10 listing this week.

### IC Electricals Company IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/ic-electricals-company-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 06 Jul 2026
- **Excerpt:** Step-by-step guide to check IC Electricals Company IPO allotment status online on registrar website and BSE. Expected allotment date: 8/7/2026.

### Knack Packaging IPO Allotment Status — How to Check Online
- **URL:** https://ipotrack.in/blog/knack-packaging-ipo-allotment-status-how-to-check
- **Category:** Allotment Status
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Step-by-step guide to check Knack Packaging IPO allotment status online on registrar website and BSE. Expected allotment date: 6/7/2026.

### Happy Steels IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/happy-steels-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Happy Steels IPO — price band ₹62 – ₹66, lot size 2000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Devson Catalyst IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/devson-catalyst-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Devson Catalyst IPO — price band ₹112 – ₹118, lot size 1200 shares. Check GMP, subscription status, allotment date, and how to apply.

### IC Electricals Company IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/ic-electricals-company-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to IC Electricals Company IPO — price band ₹94 – ₹99, lot size 1200 shares. Check GMP, subscription status, allotment date, and how to apply.

### Sampark India Logistics IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/sampark-india-logistics-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Sampark India Logistics IPO — price band ₹80 – ₹84, lot size 1600 shares. Check GMP, subscription status, allotment date, and how to apply.

### Seemax Resources IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/seemax-resources-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Seemax Resources IPO — price band ₹134 – ₹141, lot size 1000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Teja Engineering Industries IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/teja-engineering-industries-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Teja Engineering Industries IPO — price band ₹220, lot size 600 shares. Check GMP, subscription status, allotment date, and how to apply.

### Knack Packaging IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/knack-packaging-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Knack Packaging IPO — price band ₹161 – ₹170, lot size 88 shares. Check GMP, subscription status, allotment date, and how to apply.

### Riyaasat Lifestyle IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/riyaasat-lifestyle-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Riyaasat Lifestyle IPO — price band ₹100 – ₹106, lot size 1200 shares. Check GMP, subscription status, allotment date, and how to apply.

### Shreedhar Spinners IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/shreedhar-spinners-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Shreedhar Spinners IPO — price band ₹51 – ₹53, lot size 2000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Jivial Industries IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/jivial-industries-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Jivial Industries IPO — price band ₹196, lot size 600 shares. Check GMP, subscription status, allotment date, and how to apply.

### CSM Technologies IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/csm-technologies-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to CSM Technologies IPO — price band ₹107 – ₹113, lot size 132 shares. Check GMP, subscription status, allotment date, and how to apply.

### Crazy Snacks IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/crazy-snacks-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Crazy Snacks IPO — price band ₹39 – ₹42, lot size 3000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Adon Agro Commodities IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/adon-agro-commodities-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Adon Agro Commodities IPO — price band ₹66 – ₹70, lot size 2000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Aastha Spintex IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/aastha-spintex-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Aastha Spintex IPO — price band ₹125 – ₹136, lot size 110 shares. Check GMP, subscription status, allotment date, and how to apply.

### Waterways Leisure Tourism(Cordelia Cruises) IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/waterways-leisure-tourismcordelia-cruises-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Waterways Leisure Tourism(Cordelia Cruises) IPO — price band ₹769 – ₹808, lot size 18 shares. Check GMP, subscription status, allotment date, and how to apply.

### Travelstack Tech IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/travelstack-tech-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Travelstack Tech IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Symbiotec Pharmalab IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/symbiotec-pharmalab-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Symbiotec Pharmalab IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Rentomojo IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/rentomojo-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Rentomojo IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Manipal Health Enterprises IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/manipal-health-enterprises-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Manipal Health Enterprises IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Innoviti IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/innoviti-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Innoviti IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Duroflex IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/duroflex-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Duroflex IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### CarDekho IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/cardekho-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to CarDekho IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Hindustan Coca-Cola Beverages IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/hindustan-coca-cola-beverages-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Hindustan Coca-Cola Beverages IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Shiprocket IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/shiprocket-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Shiprocket IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### PayU IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/payu-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to PayU IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Zetwerk IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/zetwerk-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Zetwerk IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Bajaj Energy IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/bajaj-energy-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Bajaj Energy IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Kent RO Systems IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/kent-ro-systems-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Kent RO Systems IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### KUKU (Mebigo Labs) IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/kuku-mebigo-labs-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to KUKU (Mebigo Labs) IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Manipal Payment and Identity Solutions IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/manipal-payment-and-identity-solutions-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Manipal Payment and Identity Solutions IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Juniper Green Energy IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/juniper-green-energy-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Juniper Green Energy IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Cult.fit IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/cultfit-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Cult.fit IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Hero Motors IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/hero-motors-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Hero Motors IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Milky Mist IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/milky-mist-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Milky Mist IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### FabIndia IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/fabindia-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to FabIndia IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Hero Fincorp IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/hero-fincorp-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Hero Fincorp IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Flipkart IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/flipkart-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Flipkart IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### PhonePe IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/phonepe-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to PhonePe IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### EAAA India Alternatives IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/eaaa-india-alternatives-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to EAAA India Alternatives IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### SBI Mutual Fund IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/sbi-mutual-fund-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to SBI Mutual Fund IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Zepto IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/zepto-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Zepto IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### BOAT IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/boat-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to BOAT IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### MakeMyTrip IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/makemytrip-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to MakeMyTrip IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Parle Products IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/parle-products-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Parle Products IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### OYO IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/oyo-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to OYO IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Acko IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/acko-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Acko IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Reliance Jio IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/reliance-jio-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Reliance Jio IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### NSE IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/nse-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to NSE IPO — price band ₹–, lot size TBA shares. Check GMP, subscription status, allotment date, and how to apply.

### Kusumgar IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/kusumgar-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Kusumgar IPO — price band ₹398 – ₹419, lot size 35 shares. Check GMP, subscription status, allotment date, and how to apply.

### Kratikal Tech IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/kratikal-tech-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Kratikal Tech IPO — price band ₹128 – ₹135, lot size 1000 shares. Check GMP, subscription status, allotment date, and how to apply.

### Vinit Mobile IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/vinit-mobile-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Vinit Mobile IPO — price band ₹150 – ₹158, lot size 800 shares. Check GMP, subscription status, allotment date, and how to apply.

### Atharva Poly-Plast IPO Details: Price Band, GMP, Allotment & Review
- **URL:** https://ipotrack.in/blog/atharva-poly-plast-ipo-details-price-band-gmp-allotment
- **Category:** IPO Review
- **Author:** IPO Track Team
- **Published Date:** 05 Jul 2026
- **Excerpt:** Complete guide to Atharva Poly-Plast IPO — price band ₹55 – ₹60, lot size 2000 shares. Check GMP, subscription status, allotment date, and how to apply.