Learn

IPO guides

The rules behind the numbers on IPO Radar, written from SEBI regulations and exchange practice. Every guide carries live tables from the GMP sheet.

What is GMP in IPO?
GMP (grey market premium) is the unofficial price over the issue price that an IPO trades at before listing. Meaning, formula, examples and how often it was right across 1,200+ IPOs.
QIB in IPO: what it means and why its subscription matters
QIB means Qualified Institutional Buyer: mutual funds, insurers, banks and foreign institutions. How the QIB, NII and retail quotas work in an Indian IPO, anchor investors, and live category-wise subscription.
What is an SME IPO?
An SME IPO lists a small company on NSE Emerge or BSE SME. How SME IPOs differ from mainboard ones — size, lots, market makers, risks — and how 880+ SME IPOs since 2023 actually listed.
How to apply for an IPO online
Step-by-step: how to apply for an IPO in India with UPI through Zerodha, Groww or any broker, or with ASBA net banking. Cut-off price, timings, how much money is blocked, and the T+3 timeline.
DRHP vs RHP: what the two IPO documents mean
DRHP is the draft prospectus a company files with SEBI; RHP is the final offer document filed before the IPO opens, without the final price. What each contains, the timeline, and companies that have filed a DRHP.
IPO allotment process: how shares are allotted and your chances
How IPO shares are allotted in India: the lottery for retail investors, proportionate allotment for QIBs, the draw for HNIs, how to improve your chances legally, and live allotment odds.
IPO listing time: when new shares start trading
On listing day an IPO goes through a special pre-open session from 9 AM and starts normal trading at 10 AM IST. Session timings, how the listing price is discovered, and IPOs listing this week.