Mainboard and SME IPOs with open/close dates, price band, lot size, GMP, and stoicHQ quality score. Score above 65 indicates strong institutional quality — anchor investors, promoter credibility, and reasonable valuation.
sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi
IPO Name
Type
Open / Close
Price Band
Lot Size
Min Investment
GMP
Subs.
stoicHQ Score
Status
Ather Energy
⚠ Promoter pledging present⚠ EV sector regulatory risk
Mainboard
Apr 28, 2026
to Apr 30, 2026
₹304–₹321
46
₹14,766
+₹12
1.8x
52/100
Listed
Sensata Technologies India
Mainboard
Jun 18, 2026
to Jun 20, 2026
₹180–₹192
78
₹14,976
—
—
Pending
Upcoming
Schloss Bangalore (The Leela)
⚠ High debt on books⚠ Hospitality sector cyclicality
Mainboard
Jun 23, 2026
to Jun 25, 2026
₹413–₹435
34
₹14,790
+₹28
—
68/100
Upcoming
Hexaware Technologies
⚠ PE-backed OFS — promoter exits
Mainboard
Feb 12, 2026
to Feb 14, 2026
₹674–₹708
21
₹14,868
+₹42
2.6x
74/100
Listed
GMP data is from grey market — informal, unregulated, and not a reliable predictor of listing price. Use only as directional sentiment. stoicHQ scores are based on anchor quality, promoter credibility, use of proceeds, and valuation. Not investment advice.
How to evaluate an upcoming IPO in India
The stoicHQ IPO quality score is built from five signals — the same framework used by institutional analysts before anchor allocation:
Anchor investor quality
Domestic MFs (SBI MF, HDFC MF, Mirae) investing at full price is the strongest quality signal. Foreign institutional anchors also score well.
GMP vs issue price
GMP above 15% of issue price is a positive demand signal, but treat it directionally only — grey market operators can move it.
Promoter background and pledging
Check if the promoter has pledged shares before the IPO. Any pledge above 20% of their holding is a red flag in our scoring.
Use of proceeds
Growth capex scores higher than debt repayment or OFS (offer for sale). Heavy OFS means promoters are exiting.
QIB and HNI subscription
QIB oversubscription of 3x+ on day 1 is a strong institutional vote. Retail oversubscription alone means nothing.