Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

IPO Analysis | NSE Emerge SME Platform | 100% Book Built Fresh Issue | Price Band: Rs.62 to Rs.66 Based on Red Herring Prospectus dated July 2, 2026 | Safety-Critical Forged Auto Components | Ludhiana, Punjab STATUS: RHP FILED | Price Band: Rs.62 to Rs.66 | Anchor Bidding: July 8, Issue Opens July 9, Closes July 13, 2026 | NSE Emerge SME | Ludhiana, Punjab Happy Steels Limited (HSL) is a Ludhiana, Punjab-based manufacturer of safety-critical and load-bearin

IPO Analysis | BSE and NSE Main Board | 100% Book Built Fresh Issue | Issue Size: Rs.6,650 Crore Based on Updated Draft Red Herring Prospectus-I dated June 29, 2026 | Global Full-Stack Short-Stay Hospitality Platform | Founder: Ritesh Agarwal STATUS: UPDATED DRHP-I FILED | Fresh Issue: up to Rs.6,650 Crore | No OFS | Regulation 6(2) Route | BSE and NSE Main Board | Pre-SEBI Observation Stage | 2,93,554 Global Storefronts Oravel Stays Limited is the hold

The next major IPO you follow will generate at least three separate public filings before a single share is allotted. The first document, the one that starts appearing in financial news coverage and prompts articles about which investors are expected to participate, is the Draft Red Herring Prospectus. The second, which arrives several weeks later and marks the point at which an IPO becomes genuinely imminent, is the Red Herring Prospectus. The third, filed after the issue cl

IPO Analysis | BSE and NSE Main Board | 100% Book Built Offer (Fresh Issue + OFS) Based on Red Herring Prospectus dated June 23, 2026 | PLWPP Bags and Flexible Bulk Packaging | Ahmedabad, Gujarat STATUS: RHP FILED | Fresh Issue: Rs.3,800 million | OFS: up to 3,500,000 Shares by Promoters | Regulation 6(1) Main Board | Anchor Bidding June 30, Bid/Offer Opens July 1, Closes July 3, 2026 Knack Packaging Limited (KPL) is an Ahmedabad, Gujarat-based manufacturer o

IPO Analysis | NSE Emerge SME Platform | 100% Book Built Fresh Issue Based on Draft Red Herring Prospectus dated December 25, 2025 | Multi-Brand Smartphone and Accessories Retailer | Surat, Gujarat STATUS: Issue Dates 30 June - 2 July | Fresh Issue: up to 21,60,000 Equity Shares | No OFS | Pre-SEBI Observation Stage | NSE Emerge SME Platform | Pandesara, Surat, Gujarat Vinit Mobile Limited (VML) is a Surat, Gujarat-based operator of a multi-brand smartphone

IPO Analysis | BSE SME Platform | 100% Book Built Fresh Issue Based on Red Herring Prospectus dated June 20, 2026 | Precision Plastic Injection Moulded Components | Khandala, Satara, Maharashtra STATUS: RHP FILED | Fresh Issue: up to 45,00,000 Equity Shares | No OFS | Anchor Bidding June 29, Issue Opens June 30, Closes July 2, 2026 | BSE SME Platform Atharva Poly-Plast Limited (APL) is a Khandala, Satara, Maharashtra-based manufacturer of precision plastic co

IPO Analysis | NSE Emerge SME Platform | Fixed Price Issue | Issue Price: Rs.220 per Share Based on Final Prospectus dated June 23, 2026 | Oil and Gas O&M, E&C, Gas Compression and Valve Services | Bharuch, Gujarat STATUS: FINAL PROSPECTUS FILED | Fresh Issue: 16,98,000 Shares | No OFS | Issue Price: Rs.220 | Issue Opens June 30, Closes July 2, 2026 | NSE Emerge SME | Bharuch, Gujarat Teja Engineering Industries Limited (TEIL) is a Bharuch, Gujarat-based serv

IPO Analysis | BSE SME Platform | 100% Book Built Fresh Issue Based on Red Herring Prospectus dated June 23, 2026 | Material Handling Equipment Rental and Trading | Vadodara, Gujarat STATUS: RHP FILED | Fresh Issue: up to 14,00,000 Equity Shares | No OFS | Issue Opens June 30, Closes July 2, 2026 | BSE SME Platform | Vadodara, Gujarat Seemax Resources Limited (SRL) is a Vadodara, Gujarat-based company providing rental and trading services for Material Handl

IPO Analysis | BSE SME Platform | 100% Book Built Fresh Issue Based on Red Herring Prospectus dated June 22, 2026 | AI-Driven Cybersecurity SaaS via Threatcop Platform | Noida, Uttar Pradesh STATUS: RHP FILED | Fresh Issue: up to 29,40,000 Equity Shares | No OFS | Anchor Bidding June 25, Bid/Issue Opens June 26, Closes June 30, 2026 | BSE SME Platform | Noida, Uttar Pradesh Kratikal Tech Limited (KTL) is a Noida, Uttar Pradesh-based provider of AI-driven,..