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IPO & GMP data

InvestorGain review

IPO calendar, live grey-market premium (GMP) tracker and allotment-status finder for Indian primary-market investors.

Last reviewed 2026-05-28Visit InvestorGain

What is InvestorGain?

InvestorGain is one of the two go-to data dashboards Indian retail investors use to track upcoming mainboard and SME IPOs, follow daily grey-market-premium movement in the run-up to listing, and check allotment status once the issue closes. The site does not handle applications or trading — it is a read-only data layer that sits next to your broker.

Key features

  • Live GMP board across active and recently-closed IPOs, with day-on-day change.
  • Mainboard + SME IPO calendar with open / close / listing dates.
  • Subscription status pulled from BSE and NSE, broken down by investor category (QIB, NII, retail, employee).
  • Allotment-status lookup once the registrar publishes results, with deep links into Linkintime and KFinTech.
  • Per-IPO pages with price band, lot size, issue size, anchor allocation and a basic financial snapshot.

Pricing

Free. The public web dashboard has no paywall; there is an InvestorGain mobile app on Play Store / App Store that is also free to download.

Pros and cons

Pros
Faster GMP refresh cadence than most broker apps during the live subscription window.
Single page covers calendar, GMP and subscription — useful side-by-side view.
Mainboard and SME issues in one feed.
Cons
GMP is unofficial market chatter; numbers vary between InvestorGain, Chittorgarh and the dealer desks they aggregate from.
No applications or actual trading — you still need a broker to apply via UPI ASBA.
Heavier ad load than competing dashboards.

Who should use InvestorGain?

Anyone planning to apply for IPOs frequently who wants a single place to see what is open, what listing pop the grey market is implying, and how the book is filling up across categories.

Alternatives

Chittorgarh ↗Deepest archive of historic Indian IPOs and the longest-running GMP board.IPO Watch ↗Lighter-weight calendar and GMP tracker; thinner data per IPO.

Brokers that pair well with InvestorGain

InvestorGain works on top of an existing broker account. Compare charges and account features on the broker pages below.

ZerodhaGrowwUpstoxAngel One
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Frequently asked

What people ask about InvestorGain.

InvestorGain is an information portal, not a broker or a registered investment adviser, so it does not require SEBI broker / RIA registration. SEBI registration is needed for entities that solicit trades, manage money or give paid investment advice — InvestorGain publishes public-domain IPO data and is free to use.

Grey-market premium is unofficial. Sites like InvestorGain aggregate the rates dealers quote in the unofficial Mumbai / Gujarat IPO grey market and update them through the day. There is no exchange-published GMP — different aggregators can show slightly different numbers.

No. InvestorGain only shows the calendar, GMP and allotment data. To apply you use your broker's IPO section (Zerodha Console, Kite, Groww IPO tab, etc.) which routes a UPI ASBA mandate through your bank.

Loosely correlated, not deterministic. GMP captures speculative demand in a thin unofficial market and can move sharply in the last 24 hours. Use it as one data point alongside subscription numbers, anchor list quality, and fundamentals.

Chittorgarh has the deeper historic archive and more detailed per-IPO breakdowns, especially for SME issues. InvestorGain is faster to scan during a live subscription window. Most regular IPO applicants check both.