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Open IPO IPO News, GMP Analysis and Insights

List of all live and open IPOs today. Check subscription status, price bands, and lot sizes for active Mainboard and SME issues.

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Open IPO Articles

GSP Crop Science IPO Final Day: QIBs Push for Full Subscription while Retail Stays Away Open IPO
8 min

GSP Crop Science IPO Final Day: QIBs Push for Full Subscription while Retail Stays Away

The ₹400 crore GSP Crop Science IPO reaches its conclusion today, March 18, 2026. With institutional (QIB) and high-net-worth (NII) categories already comfortably over the finish line, the total subscription has crossed the 1x mark. However, with a ₹0 Grey Market Premium and a quiet retail segment, we analyze if this is a value-buy for the long term.

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Novus Loyalty IPO Day 2: Retail Interest Grows as Tech-Loyalty Play Seeks Momentum Open IPO
8 min

Novus Loyalty IPO Day 2: Retail Interest Grows as Tech-Loyalty Play Seeks Momentum

Gurgaon-based Novus Loyalty is in the middle of its ₹60.15 crore SME IPO (March 17–20, 2026). Following a Day 1 subscription of 0.83x, the issue is seeing a steady climb today. While the Grey Market Premium (GMP) remains flat at ₹0, the company’s recent profit jump in H1 FY26 is drawing the attention of long-term risk-seekers. We break down the Day 2 pulse and the "aggressive" vs. "value" pricing debate.

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GSP Crop Science IPO Day 2: QIBs Lead the Charge While Retail Stays Cautious Open IPO
8 min

GSP Crop Science IPO Day 2: QIBs Lead the Charge While Retail Stays Cautious

Ahmedabad-based GSP Crop Science is currently in the middle of its ₹400 crore mainboard IPO (March 16–18, 2026). While the issue saw a solid 47% subscription on its opening day—driven primarily by institutional interest—the grey market remains flat. We break down the Day 2 pulse, the 18x valuation, and whether the debt-reduction strategy makes it a long-term winner.

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Novus Loyalty IPO: The Future of "Sticky" Customer Relationships? Open IPO
8 min

Novus Loyalty IPO: The Future of "Sticky" Customer Relationships?

Gurgaon-based Novus Loyalty Limited is set to launch its ₹60.15 crore SME IPO on March 17, 2026. Specializing in AI-powered loyalty platforms for giants in the Fintech and Banking sectors, the company has seen its revenue soar to over ₹100 crore. With a price band of ₹139–₹146, we look at whether this "low-margin, high-growth" tech play belongs in your portfolio.

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GSP Crop Science IPO Opens Today: A 40-Year Legacy Hits the Exchanges Open IPO
8 min

GSP Crop Science IPO Opens Today: A 40-Year Legacy Hits the Exchanges

Gujarat-based GSP Crop Science launched its ₹400 crore mainboard IPO today, March 16, 2026. With a price band of ₹304–₹320, the company is showcasing an incredible 360% profit surge since FY23. This blog breaks down the Day 1 subscription pulse, the ₹170 crore debt-reduction plan, and why analysts are keeping a "Neutral" but watchful eye on this agrochemical giant.

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Rajputana Stainless IPO Final Call: Steady Growth Meets a "Steel" Valuation? Open IPO
8 min

Rajputana Stainless IPO Final Call: Steady Growth Meets a "Steel" Valuation?

Gujarat-based Rajputana Stainless is wrapping up its ₹255 crore mainboard IPO today, March 11, 2026. With a price band of ₹116–₹122, the company is looking to fund a major shift into stainless steel seamless pipes. As of the final day, QIBs have nearly filled their quota, while the retail segment remains open for those looking at long-term fundamentals over short-term "listing gain" hype.

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Apsis Aerocom IPO Opens Today: A Deep Dive into this Bengaluru-based Aerospace Specialist Open IPO
8 min

Apsis Aerocom IPO Opens Today: A Deep Dive into this Bengaluru-based Aerospace Specialist

Precision engineering firm Apsis Aerocom Limited has launched its ₹35.77 crore SME IPO today, March 11, 2026. With a price band of ₹104–₹110 and a massive 182% jump in profits for FY25, the company is attracting eyes in the defense and healthcare manufacturing space. But with an entry barrier of ₹2.64 lakh, is the growth sustainable?

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Innovision Limited IPO: High-Speed Growth Meets a "Quiet" Market Open IPO
8 min

Innovision Limited IPO: High-Speed Growth Meets a "Quiet" Market

Gurgaon-based Innovision Limited is currently in the middle of its ₹323 crore mainboard IPO (March 10–12, 2026). As a major player in manpower services and NHAI toll management, the company boasts a massive 35% ROE. However, with a ₹0 Grey Market Premium and heavy reliance on government contracts, investors are weighing its 32x P/E valuation against the risks of a labor-intensive business model.

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Apsis Aerocom IPO: Precision Engineering for Aerospace & Defense Hits the Market Open IPO
8 min

Apsis Aerocom IPO: Precision Engineering for Aerospace & Defense Hits the Market

Bengaluru-based Apsis Aerocom launches its ₹35.77 crore NSE SME IPO on March 11, 2026. Specializing in high-complexity machined components for aerospace, defense, and healthcare, the company reported a massive 160% profit surge in FY25. This blog breaks down the ₹104–₹110 price band, its 5-axis CNC capabilities, and whether this "Build-to-Print" specialist belongs in your portfolio.

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