Insights, how-to guides, and market updates from the ipomarket.in research team.
Pine Labs listed at a 14% premium on November 14, 2025 (₹252 vs ₹221 issue) but has since slid to ~₹157 — 29% below issue price. Q3 FY26 turned profitable yet the stock kept falling. Full post-listing review explaining what went wrong, the geopolitical impact, audit overhang, analyst targets, and a buy/hold/sell framework.
Shadowfax Technologies listed at a 9% discount on January 28, 2026 but has since rallied to ~₹174 — a 40%+ gain over the issue price of ₹124. Q3 FY26 PAT jumped 439% YoY. Full post-listing review of financials, competitive position, analyst targets, and buy/hold/sell framework at current market price.
Showing 12 of 60 articles in “IPO Review”
PhysicsWallah (PW), founded by Alakh Pandey, becomes India's first edtech unicorn to receive SEBI approval. The Noida-based company is expected to launch its ~₹3,480 Cr IPO in November 2026 at a $2.8 billion valuation. Full review of dates, price band, financials, GMP outlook and investment thesis.
Urban Company listed on Indian exchanges in 2025. This is the post-listing review — actual listing price vs issue price, listing gain percentage, current trading price, business performance trend, and a buy/hold/sell framework at current market price.
InMobi, India's first unicorn (2011) and a global ad-tech major, is preparing for a 2026 IPO of ₹3,000–4,000 Cr. Founded by Naveen Tewari, the company runs InMobi Exchange, Glance lock-screen platform, and consumer brands. Backed by SoftBank with revenue near $1B. Full review of business verticals, financials, strengths, risks and should-you-apply framework.
Zetwerk, India's $2.7 billion B2B manufacturing unicorn, is preparing for a 2026 IPO of approximately ₹4,000–5,000 Cr. Backed by Greenoaks, D1 Capital, and Lightspeed, with revenue crossing $1B and tailwinds from PLI schemes in defence, aerospace, and consumer electronics. Full review of dates, financials, strengths, risks and should-you-apply framework.
InCred Holdings filed its updated DRHP with SEBI on 7 May 2026 — fresh issue of ₹1,250 Cr plus OFS of up to 9.9 Cr shares. AUM ₹14,448 Cr, PAT ₹373 Cr in FY25, 85% PAT CAGR. Full review of dates, financials, strengths, risks and should-you-apply framework.
Curefoods, the parent of EatFit, Yumlane, Nomad Pizza and other cloud kitchen brands, has received SEBI approval for its IPO comprising a ₹800 Cr fresh issue plus OFS. Backed by Accel, Iron Pillar, and Zomato, the company operates 250+ cloud kitchens across 15 cities. Full review of dates, financials, strengths, risks and should-you-apply framework.
Manipal Health Enterprises has received SEBI approval for its IPO, with a target listing window of late July to August 2026. Here is the latest on size, financials, network and what is still awaited.
Ather Energy IPO 2026 complete review — India's premium EV two-wheeler maker. Expected date, price band, valuation, financials, Hero MotoCorp stake, strengths, risks, GMP guidance, and investment outlook.
