Latest IPOIPO reviews: AI score of open IPOs
A daily AI review of each IPO open for bidding, with a score out of 100, written from the data on its page. For information only, not a recommendation. Updated 20 Oct 2026, 6:00 PM IST, refreshed every 30 minutes.
Latest IPO reviews
| IPO | Score | Verdict | Status | In one line |
|---|---|---|---|---|
| HD Fire Protect IPO | 56/100 | Mixed | Lists 21 Oct | Profitable fire-safety maker with strong non-institutional demand, but a full offer for sale at a rich valuation. |
| Vaibhav Vyapaar IPO | 35/100 | Weak | Lists 21 Oct | Small digital NBFC with recent profit growth, but QIB bids absent and grey market flat on closing day. |
| Fusion CX IPO | 58/100 | Mixed | Lists 22 Oct | Strong growth and a fair P/E, but QIB demand is barely there on the final bidding day. |
| Ravita Engineering Services IPO | 52/100 | Mixed | Lists 22 Oct | Fast-growing SME engineering firm at 10.4x P/E, with moderate subscription and a steady ₹2 grey-market premium on the last bidding day. |
| Bonfiglioli Transmissions IPO | 52/100 | Mixed | Allotment 21 Oct | Profitable, low-debt gearbox maker with mixed bidding signals and an offer-for-sale-only issue. |
| Sahajanand Medical Technologies IPO | 42/100 | Weak | Allotment 21 Oct | Fast-growing medical device maker with a recent turnaround, but expensive, offer-for-sale only, and modest subscription on closing day. |
| Shellz India IPO | 55/100 | Mixed | Allotment 21 Oct | Strong profit growth and an unofficial grey-market premium, offset by weak subscription and rising debt on a final bidding day. |
| Tonbo Imaging India IPO | 48/100 | Mixed | Allotment 21 Oct | Strong late demand and a high grey market premium sit against falling revenue, a recent quarterly loss and an offer-for-sale-only issue. |
| Zetwerk Manufacturing Business IPO | 37/100 | Weak | Allotment 21 Oct | Zetwerk shows revenue and EBITDA growth, but deep losses keep the overall picture weak. |
Reviews coming
These IPOs get their first review on the morning bidding opens:
- Jio Platforms IPO: opens 21 Oct 2026
- Paras Healthcare IPO: opens 21 Oct 2026
- Core4 Engineers IPO: opens 23 Oct 2026
- EAAA India Alternatives IPO: opens 26 Oct 2026
- BLS Polymers IPO: opens 27 Oct 2026
- SFC Environmental Technologies IPO: opens 27 Oct 2026
How the review works
Each morning an AI model reads the IPO’s data: price band and valuation ratios, financials, the latest GMP and subscription figures, strengths and risks. It lists the positives and negatives, writes a short summary of the listing and long-term view, and gives a score.
The verdict follows the score: Strong (75+), Good (60–74), Mixed (45–59) or Weak (below 45). It is for information only, not investment advice.
Frequently asked questions
What is the AI score of an IPO?
A score from 0 to 100 that sums up an AI review of the IPO, written from the data on its page: price band and valuation, GMP, subscription, financials and risks. 75 and above is Strong, 60 to 74 Good, 45 to 59 Mixed and below 45 Weak.
How often are the reviews written?
Once a day, after 9 AM IST, for each IPO that is open for bidding. The date of each review is on the IPO’s page.
Should I apply to an IPO because of its score?
No. The score is for information only and is not investment advice or a recommendation. AI can make mistakes. Read the IPO’s details and risks, and decide for yourself.