SATYA — India’s IPO Intelligence Terminal | Mainboard · SME · GMP · NCD · Analytics · AI
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Live · 38 mainboard & SME issues open today

India’s Most Advanced IPO Intelligence Terminal. Every filing read. Every risk identified. Every opportunity highlighted by AI that never sleeps.

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From DRHP to allotment, GMP to listing gains, and NCDs to buybacks, get every critical data point across India’s IPO ecosystem in one intelligent platform. Our AI reads and analyzes extensive regulatory filings, tracks live market updates, and transforms complex information into clear, actionable insights, so you don’t have to. From 400-page DRHPs and RHPs to live GMP, subscription status, financials, promoter history, peer comparisons, risks, valuations, and listing performance, every detail is distilled into a single score and an easy-to-understand summary. Built for retail investors, HNIs, institutional investors, SMEs, merchant bankers, wealth managers, analysts, and everyone who wants to make smarter IPO investment decisions.

1,284
IPOs tracked
38
Live issues
20yr
History depth
0.8s
AI summary
96%
Score accuracy
Live dashboard

Today’s IPO Market Overview

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Mainboard & SME IPOs — Open Now

CompanyTypePrice BandLotIssue SizeGMPSubsScoreStatusCloses
Aarav Precision ToolsEngineering / BSE SME · Lead: Socradamus CapitalSME₹38–403,000₹47Cr+₹22 (55%)12.4x82Open2d 14h
Nilgiri Foods & BeveragesFMCG / NSE Mainline · Lead: ICICI SecuritiesMainboard₹212–22466₹1,840Cr+₹18 (8%)3.1x74Open1d 02h
Suvidha LogisticsLogistics / BSE SME · Lead: Hem SecuritiesSME₹64–682,000₹28Cr−₹3 (4%)0.6x51Open4d 09h
Kavach SurgicalsHealthcare / NSE Mainline · Lead: Axis CapitalMainboard₹540–56726₹2,200Cr+₹61 (11%)6.8x88Open3d 11h
Trishul PolymersMaterials / BSE SME · Lead: Beeline CapitalSME₹91–961,200₹62Cr+₹2 (2%)1.8x63Open5d 03h
Falcon Defence SystemsAerospace / NSE Mainline · Lead: KotakMainboard₹880–91016₹3,600Cr+₹90 (10%)9.2x91UpcomingOpens 5 Jul

Recently Listed — Performance Tracker

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CompanyTypeIssue PriceListedListing GainCMPReturn (from issue)Merchant Banker
Falcon Defence SystemsMB₹910₹1,260+38.5%₹1,410+54.9%Kotak Mahindra
Gatimaan Rail AncillarySME₹312₹371+18.9%₹398+27.6%Socradamus Capital
Kaveri Agri SciencesMB₹208₹214+2.9%₹231+11.1%IIFL Securities
Purva HospitalitySME₹88₹89+1.1%₹76−13.6%Hem Securities
Meridian Cold ChainMB₹156₹149−4.5%₹132−15.4%Axis Capital

📊 Sector Heatmap — 30-day avg listing gain

Full analytics →
Defence & Aerospace+34.2%
Specialty Chemicals+21.4%
Capital Goods / EMS+14.8%
IT / SaaS+9.6%
FMCG / Consumer+5.1%
Healthcare / Pharma+3.4%
Logistics−3.4%
Real Estate−7.2%
Aarav Precision Tools
SME · BSE · Closes in 2d 14h
82/100
82
Strong Signal
SATYA AI Score · 0–100
Financials
8.8
Promoters
9.0
Valuation
6.8
Industry
8.0
Growth
8.5

🔥 Top GMP Today

All GMP →
01
Aarav Precision Tools
SME · BSE
+55%
02
Falcon Defence Sys.
Mainboard · NSE
+38%
03
Kavach Surgicals
Mainboard · NSE
+11%
04
Nilgiri Foods
Mainboard · NSE
+8%
05
Trishul Polymers
SME · BSE
+2%

✅ Allotment Status

A
Kaveri Agri Sciences
Link Intime · 28 Jun
Check
A
Purva Hospitality
KFin Tech · 26 Jun
Check
L
Meridian Cold Chain
Bigshare · 24 Jun
Listed

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Planning

📅 IPO Calendar — July 2026

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Open / Ongoing Closes Allotment Listing
Google Calendar sync →
MonTueWedThuFriSatSun
30
Aarav IPO Open
1
Nilgiri IPO
2
Kaveri Allot.
3
Meridian List
4
Trishul Open
Nilgiri Closes
5
6
7
Falcon IPO Opens
8
Purva Allot.
9
Kavach Listing
10
11
Aarav Closes
12
13
Other Issues

NCD · Rights Issues · Buyback · OFS

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📄 NCD Issues

All NCDs →
Suryoday HFC
60m · AA · 9.8% yield
Open
Cholamandalam
36m · AA+ · 9.1%
Open
IIFL Home Fin.
24m · AA · 9.4%
Upcoming

📑 Rights Issues

All RI →
Veridian Textiles
1:4 @ ₹62 · 12 Jul
Open
Galaxy Pharma
2:5 @ ₹180 · 18 Jul
Upcoming
Bharat Cables
1:3 @ ₹44 · 22 Jul
Upcoming

💰 Buyback

All BB →
Orbit Chemicals
Tender · ₹410/share
Open
Prism Metals
Open market · ₹88/sh
Upcoming
Tech4India
Tender · ₹1,240/sh
Closed

🎯 OFS & Others

All OFS →
Saraswati Engineering
OFS · 2.1% equity
Open
Zeta Renewables
OFS · 1.8% equity
22 Jul
IndiaGrid InvIT
SGB Series · Q2 2026
SGB
Grey Market Premium

📡 GMP Intelligence — Live & Historical

Full GMP tracker →

All IPOs — Current GMP

CompanyIssue PriceGMP (₹)GMP (%)Est. List PriceTrendAcc. (%)Status
Aarav Precision ToolsSME · Closes 4 Jul₹40+₹22+55%₹62📈 Rising89%Open
Falcon Defence SystemsMB · Opens 7 Jul₹910+₹90+10%₹1,000📈 Stable84%Upcoming
Kavach SurgicalsMB · Closes 5 Jul₹567+₹61+11%₹628📈 Rising91%Open
Nilgiri FoodsMB · Closes 3 Jul₹224+₹18+8%₹242📊 Stable86%Open
Suvidha LogisticsSME · Closes 6 Jul₹68−₹3−4%₹65📉 Falling74%Open

⚡ GMP Accuracy Tracker

1-day accuracy
91.4%
7-day accuracy
87.2%
30-day accuracy
79.8%
All-time avg accuracy
82.3%

🔔 GMP Alerts

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AI-Powered Research · Exclusive to SATYA

🤖 Don’t read the DRHP. Interrogate it.

Every filing parsed, embedded and indexed the moment it’s public. Ask anything.

DRHPAarav_Precision_Tools_DRHP_2026.pdf · 412 pages, indexed ✓
What’s the single biggest risk in this filing?
SATYA AI · SOURCED FROM PAGES 41, 88, 103
63% of revenue comes from two auto-ancillary clients. If either contract lapses, margins drop sharply — this is the company’s own top-flagged risk factor.
Compare valuation to the last 3 SME tooling IPOs.
SATYA AI · PEER COMPARISON ENGINE
At upper band this prices at 14.2x P/E versus a 17.6x peer average across the last three comparable SME listings. A relative discount — but peer sample is small.
Are there any litigation or legal cases?
SATYA AI · PAGE 188–192
2 pending civil cases totalling ₹1.2Cr — both at pre-trial stage and flagged as not material by management. No criminal cases involving promoters.

SATYA Score (0–100)

Every IPO rated on financials, promoters, valuation, industry strength and risk — one number for the entire filing.

AI Investment Thesis

Plain-English “why apply / why not” summary — not a buy/sell recommendation, but the case your analyst would make.

SWOT Auto-Generator

Strengths, weaknesses, opportunities and threats extracted and structured from the DRHP in under 2 seconds.

Risk Analyzer

Every risk factor classified by severity, category and likelihood — pulled verbatim from the filing and ranked by AI.

Predictive Listing Model

Uses 15 years of historical data + GMP + subscription trends to estimate listing gain probability and range.

Education

📍 IPO Lifecycle — From Company to Market

Private
Company
Appoint
Merchant
Banker
DRHP
Filed
SEBI
Observation
RHP
Filed
Price
Band Set
IPO
Opens
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Live
IPO
Closes
Allotment
Basis
Refund /
Credit
Listing
Day
Quarterly
Results
Long-term
Returns
Rankings & Intelligence

🏆 Merchant Banker & Registrar Rankings

Full leaderboard →

Top Merchant Bankers — By Avg. Listing Gain

01
Socradamus Capital14 IPOs · Specialises in SME
+22.4%avg gain
02
Kotak Mahindra Capital84 IPOs · Mainboard & SME
+21.2%avg gain
03
Hemkund Advisors9 IPOs · SME focused
+19.1%avg gain
04
Axis Capital61 IPOs · Mainboard
+16.8%avg gain
05
IIFL Securities52 IPOs · Mainboard & SME
+14.2%avg gain

Top Registrars — Allotment Speed & Volume

01
KFin Technologies312 IPOs managed
1.8davg allot. time
02
Link Intime289 IPOs managed
2.1davg allot. time
03
Bigshare Services176 IPOs managed
2.6davg allot. time
04
Skyline Financial98 IPOs managed
3.1davg allot. time
05
MUFG Intime74 IPOs managed
2.9davg allot. time
Platform pillars

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SATYA Score

Every IPO scored 0–100 across six dimensions. One number instead of 400 pages.

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DRHP AI Chat

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Personal Dashboard

“3 IPOs open tomorrow, your GMP is up.” Daily relevance, not a static list.

Live GMP & Sub.

Hourly grey-market and category-wise subscription graphs, not end-of-day tables.

Compare 4 IPOs

Revenue, P/E, ROE, debt, GMP side by side — nobody does this properly today.

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Predictive Models

15 years of data + GMP + subscription → listing gain probability and range.

MB & Registrar Intel

Track record and rankings — know who’s actually delivering before you apply.

Advanced Screener

Filter by sector, ROE, debt, merchant banker, GMP, issue size, subscription — 40+ parameters.

Developer API

IPO, GMP, subscription, financials — data licensed to institutions and analysts.

Smart Watchlist

GMP, price, subscription, news, calendar and alerts all in one watchlist card.

One platform · every seat at the table

Built for the whole IPO ecosystem.

RETAIL INVESTOR

Retail

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  • Lot & brokerage calc
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HNI INVESTOR

HNI

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INSTITUTIONAL

Institutional

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  • Anchor lock-in dates
SME COMPANY

SME (Issuer)

  • Free readiness score
  • MB directory & match
  • Comparable benchmarks
  • Valuation calculator
MERCHANT BANKER

Merchant Banker

  • Qualified SME lead flow
  • Track record page
  • Deal CRM & intel
  • Market intelligence
Market data

📈 Stock Market Snapshot

Full market data →

🚀 Top Gainers Today

Falcon Defence Sys.+8.4%
Aarav Precision+6.2%
Gatimaan Rail+5.8%
Kavach Surgicals+4.1%

📉 Top Losers Today

Suvidha Logistics−5.3%
Meridian Cold Chain−4.8%
Purva Hospitality−3.2%
Bluewave Marine−2.9%

📊 52-Week High / Low

Falcon Defence₹980 / ₹420
Kavach Surgicals₹640 / ₹310
Gatimaan Rail₹408 / ₹198
Trishul Polymers₹112 / ₹48

💸 Upcoming Dividends

Infosys Ltd₹21 · 12 Jul
TCS₹28 · 14 Jul
HDFC Bank₹19 · 18 Jul
Wipro₹5 · 22 Jul
Community

💬 Discussions, Polls & Expert Views

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Hot Discussions

Is Aarav Precision’s 55% GMP realistic or grey market hype?
💬 84 replies👍 212 upvotes6 min ago
Kavach Surgicals — is the P/E justified vs peers? Deep dive inside
💬 62 replies👍 178 upvotes22 min ago
SME IPOs vs Mainboard — where’s the better risk-reward in 2026?
💬 41 replies👍 133 upvotes1h ago
Suvidha Logistics negative GMP — should we avoid or wait for listing?
💬 29 replies👍 89 upvotes2h ago

Live Polls

Will Aarav Precision list above ₹60?
Yes — it will
72%
No — GMP is hype
28%
1,284 votes · Closes in 2d
Which sector will lead IPO listing gains in Q3 2026?
🗳 4 options942 votes
Are SME IPO valuations overheated in 2026?
🗳 3 options2,141 votes
Latest news

📰 News & Market Updates

All news →
Mainboard · 2 hours ago
Falcon Defence Systems files DRHP for ₹3,600Cr IPO — largest defence listing since 2023
SEBI · NSE Mainline · Lead: Kotak
SME · 4 hours ago
Aarav Precision Tools GMP surges to 55% on Day 2 of subscription — retail oversubscribed 18x
BSE SME · Subscription closes 4 Jul
Regulation · 6 hours ago
SEBI tightens SME IPO norms: minimum application size raised to ₹2L from ₹1L for SME category
SEBI Circular · Effective 1 Oct 2026
NCD · 8 hours ago
Suryoday Housing Finance NCD: ₹9.8% yield for 60 months — institutional tranche fills in 3 hours
BSE · Retail window open until 7 Jul
Analytics · 10 hours ago
2026 Q2 IPO report: 42 IPOs raised ₹38,400Cr — defence and specialty chemicals led listing gains
SATYA Research · Download PDF
Market · 12 hours ago
Allotment probability for Kavach Surgicals retail category estimated at 14% — 6.8x subscribed
SATYA AI Allotment Model · Updated hourly
Learning center

🎓 Master IPO Investing — Free eBooks, Guides & Tools

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Introduction to IPO

Complete beginner guide — from what an IPO is to how to apply and track allotment.

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Planning to go public? Full roadmap from eligibility to listing on BSE/NSE SME.

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NCD Investing Guide

Everything about non-convertible debentures — yield, safety, tax, and how to apply.

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Buyback of Shares Guide

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