stoicHQ · Research
Investing guides for Indian investors.
Data-driven research on IPOs, taxes, stock screening, and mutual funds - without the noise.
Reliance Jio IPO 2026: Expected Date, Valuation & GMP
Reliance Jio Platforms reportedly filed its DRHP on June 19, 2026 for a ~Rs 37,000 cr issue at a ~Rs 12-13 lakh crore valuation. Date, GMP and how to apply.
NSE IPO 2026: Expected Date, Price & Valuation
NSE IPO 2026: SEBI NOC came in Jan 2026 and the DRHP was filed Jun 2026 for a ~₹30,000cr OFS. See expected date, valuation, unlisted price and how to apply.
PhonePe IPO 2026: Expected Date, Valuation & Price
PhonePe IPO 2026: no date or price band confirmed yet. Learn the reported ~$9-15B valuation, OFS-only structure, confidential DRHP status and how to apply.
What is GMP in IPO? How to Read Grey Market Premium
GMP (Grey Market Premium) is the unofficial price at which IPO shares trade before listing. Positive GMP means strong demand. Negative GMP warns of listing below issue price. Here's how to read it, when to trust it, and when it's being gamed.
How to Evaluate an IPO: GMP, Anchors & Promoter Quality
A data-driven framework for evaluating Indian IPOs - beyond the grey market premium hype.
LTCG Tax on Indian Stocks: Complete Calculator Guide
How to calculate long-term capital gains tax on NSE/BSE stocks. Includes the ₹1.25L exemption, grandfathering rules, and the LTCG harvesting strategy most investors miss.
Mutual Fund Overlap: Why Your 5 Funds Might Be One
How to detect and fix portfolio overlap across Indian mutual funds. Includes a step-by-step method for Zerodha Coin and Groww users.
Promoter Buying as a Stock Market Signal: What NSE PIT Data Actually Shows
SEBI PIT disclosures reveal when company insiders buy with conviction. Backtested on NSE data 2016-2025: promoter buy signals generated ~10% annualised alpha over Nifty50.
How to Screen NSE Stocks for Fundamentals: A Practical Guide
Use screeners to filter NSE stocks by PE, ROCE, debt, and promoter holdings. Step-by-step guide with real examples from Screener.in and Trendlyne.
Tax-Loss Harvesting for Indian Investors: Save Tax Before March 31
How to use unrealised losses in your portfolio to legally offset capital gains and reduce your tax bill. Includes the buy-sell-rebuy strategy with timing rules.
STCG vs LTCG: Which Tax Should You Optimise For First?
STCG is taxed at 20%, LTCG at 12.5% above ₹1.25L. The math on which to offset first is not obvious - here's the decision framework.
What is PE Ratio? How to Use It to Value Indian Stocks
Price-to-earnings ratio explained for Indian investors - what it means, how to compare across sectors, and why a low PE alone is not a buy signal.
Direct vs Regular Mutual Fund: The Real Cost Difference Over 20 Years
A 1% expense ratio difference sounds small. Compounded over 20 years on ₹10L, it costs you ₹4.7L. The math for switching to direct plans.
Pledged Promoter Shares: When Is It a Red Flag?
High promoter pledging is one of the most misunderstood risk signals in Indian stocks. Here's how to read pledging data from BSE filings and when to walk away.
SIP vs Lumpsum: Which Strategy Wins for Indian Mutual Fund Investors?
The data on SIP vs lumpsum investing in Indian markets across different market cycles - and why the answer depends on when you're investing, not which is universally better.
Financial Compatibility Before Marriage: The Checklist Indian Couples Skip
Financial conflict is the leading cause of divorce in India. Cover these five conversations and the complete pre-marriage financial checklist before the wedding.
IPO GMP vs Subscription Rate: Which Signal Matters More?
GMP and subscription rate measure different things. When they diverge -- high subscription with falling GMP -- it signals financed applications and listing risk. Here's how to read both together.
IPO GMP Explained: How to Read Grey Market Premium in 2026
A step-by-step framework for interpreting IPO GMP correctly -- trend analysis, percentage conversion, Kostak divergence, and SME vs mainboard reliability differences.
Current IPO GMP: Where Live Grey Market Data Comes From
Where IPO GMP data comes from, how to find the most reliable current numbers, and what 'live' actually means in the context of an unregulated grey market.
Kostak Rate vs GMP: Which One Should You Trust?
A clear comparison of all three grey market IPO terms -- GMP, Kostak rate, and Subject to Sauda -- with worked examples, a 3-way table, and what each signal tells you.
Is IPO GMP Reliable? Analysis of 50 Recent IPOs
The actual accuracy data on IPO GMP -- 60-70% directional for mainboard, ~40% for SME. Why negative GMP is more reliable than positive. Real 2024-2025 examples.
IPO GMP History: Do High GMP Scores Predict Listing Gains?
A rising 7-day GMP trend is more reliable than a single spike. Learn the three GMP patterns that predict listing outcome, the 48-hour reversal effect, and how to read sparkline trend charts.
Should You Use GMP to Decide on IPO Applications? (Data)
A 5-signal framework for IPO subscription decisions using GMP alongside QIB subscription, anchor investors, use of proceeds, and fundamentals. Includes a decision matrix.
IPO GMP Accuracy Study: We Tested GMP vs Listing Gains Across 36 IPOs
Data study: GMP and QIB subscription tested against actual listing gains for 36 major IPOs (2021-2025) plus July 2026 listings. All 13 IPOs with QIB above 150x listed positive, averaging +80%.
LTCG Tax on Stocks in India FY 2025-26: Complete Guide
Exact LTCG tax rules for FY 2025-26: 12.5% rate, Rs 1.25L exemption, 12-month holding period, Budget 2024 changes, grandfathering, and advance tax requirements.
How to Calculate LTCG in India: Step-by-Step with Examples
Four worked examples for calculating LTCG in India: simple equity sale, with grandfathering, with prior LTCG already booked, and a loss scenario. Includes the exact formula.
SME IPO GMP vs Mainboard GMP: Why the Same Signal Means Different Things
Why grey market premium is a weaker predictor for SME IPOs than for mainboard IPOs. Covers liquidity differences, operator influence, and how to read SME GMP correctly.
LTCG on Mutual Funds FY 2025-26: Equity vs Debt Rules
LTCG tax rules for equity mutual funds, debt mutual funds (post-April 2023), hybrid funds, arbitrage funds, and international FoFs. Includes the 65% equity rule and SIP implications.
LTCG Grandfathering (31 Jan 2018): Exact Rule + Examples
Exact Section 112A grandfathering formula for pre-February 2018 equity purchases. See worked examples, when the 31 Jan 2018 FMV helps, and when it does not reduce tax.
NRI LTCG Tax Rules in India FY 2025-26: What Non-Residents Must Know
NRI LTCG on Indian equity: same 12.5% rate, but 20% TDS applies. How to claim TDS refund, DTAA treaty benefits, NRE vs NRO account differences, and the Rs 1.25L exemption for NRIs.
How to Use IPO GMP With Subscription Data for Better Listing Predictions
How to combine grey market premium with QIB subscription, NII subscription, and anchor investor data for more accurate IPO listing predictions.
How to Invest in Indian Stocks from the USA (2025 Guide)
US residents have three legal paths to Indian equities: India ETFs, NRI brokerage accounts, and ADRs. Each has different tax and compliance costs. Here is how they compare.
India ETF Comparison for US Investors: INDA vs INDY vs SMIN vs NFTY (2025)
Detailed comparison of the 5 major India ETFs for US investors -- AUM, expense ratios, index methodology, top holdings, and which to use for large-cap vs small-cap exposure.
NRI IPO Application Process in India: Step-by-Step Guide (2025)
NRIs can apply for Indian IPOs via ASBA using an NRE or NRO account. Step-by-step: demat setup, ASBA, category limits, allotment, and repatriation rules.
US-India DTAA: What the Tax Treaty Means for Investors in Indian Stocks
The US-India DTAA covers dividends (15-25%), capital gains (taxed in both countries), and interest income. Here are the exact treaty rates and how to claim relief.
PFIC Rules for Indian Mutual Funds: What US Investors Must Know
Indian mutual funds held by US persons are almost certainly PFICs. This triggers Form 8621 filing and potentially punitive tax rates. Here is what the PFIC rules mean in practice.
FBAR and FATCA for NRI Bank and Demat Accounts in India
US persons with Indian NRE/NRO accounts and demat accounts must report them. FBAR threshold: $10,000. FATCA: $50,000. Here are the exact rules and filing deadlines.
Indian IPO Historical Performance: Listing Gains Data for US Investors
Analysis of 40+ Indian IPOs -- listing gain distribution, GMP accuracy, sector trends, and what the data means for NRI and US investors.
NRI Demat Account in India: How to Open One from the USA (2025)
Step-by-step guide to opening an NRI demat account in India from the USA. Covers NRE vs NRO accounts, broker comparison, FATCA forms, and fund transfer.
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