Best IPO Tracking App for Upcoming Issues
It is important for investors who want to keep up to date with new investment opportunities in the stock market to monitor upcoming IPOs. Each year companies in a range of sectors—such as well-established businesses, startups, and Small and Medium...
It is important for investors who want to keep up to date with new investment opportunities in the stock market to monitor upcoming IPOs. Each year companies in a range of sectors—such as well-established businesses, startups, and Small and Medium Enterprises (SMEs)—carry out Initial Public Offerings (IPOs) in order to obtain capital from the general public.
It involves much more than just knowing the opening date to keep track of IPOs, since investors usually need information regarding the IPO timeline, the subscription period, the price band, the company's fundamentals, the allotment dates, the listing schedule, and the official offer documents before reaching a decision on an investment.
Fortunately, there are a number of apps for tracking IPOs which make it simpler to keep an eye on forthcoming issues, get timely updates, and apply for IPOs online. In addition, some of these platforms provide company research, live subscription data, allotment tracking, and portfolio management all within one system.
The following guide looks at some of the best IPO tracking applications available for upcoming issues in India and examines the features that investors should consider when selecting one.
Why Use an IPO Tracking App?
An app which tracks IPOs enables investors to remain up to date at every stage of the IPO process, from the announcement to the listing.
Instead of checking multiple websites, investors can monitor:
- Upcoming IPO calendar
- Live IPOs
- SME IPOs
- IPO opening and closing dates
- Price band
- Lot size
- Subscription status
- Company information
- Offer documents
- Allotment updates
- Listing dates
- Portfolio tracking
An investor can avoid missing important deadlines and remain informed before making an investment by using a special IPO tracking app.
What are the qualities of a good IPO tracking app?
It is not the case that all investment apps offer the same IPO experience.
Look for features such as:
- Upcoming IPO calendar
- Mainboard and SME IPO coverage
- Live subscription status
- IPO timelines
- Company overview
- Financial information
- Price band and lot size
- DRHP/RHP access
- Allotment updates
- Listing information
- Easy online application
- Portfolio tracking
- Educational resources
The most effective apps offer all three features—research, tracking, and investing—on the same platform.
Best IPO Tracking Apps for Upcoming Issues
- Groww
Groww provides retail investors with one of the most thorough IPO tracking experiences; its special IPO section enables users to keep up with the entire IPO process, from the announcement of upcoming issues through to subscription, allotment, and listing.
Investors can access information including:
- Upcoming IPO calendar
- Live IPOs
- SME IPO listings
- IPO opening and closing dates
- Price band
- Minimum lot size
- Subscription status
- Company overview
- IPO timeline
- Allotment updates
- Listing details
Beyond IPOs, Groww provides access to multiple investment products within a single platform, including:
- Stocks
- Mutual Funds
- ETFs
- Corporate Bonds
- Government Securities
- Digital Gold
- Digital Silver
- Futures & Options (F&O)
- Commodities
- Currency Derivatives
Why Groww Stands Out
- Dedicated IPO dashboard
- Separate SME IPO section
- Live IPO tracking
- Beginner-friendly interface
- Easy online IPO application
- Portfolio management
- Integrated investing ecosystem
Ideal for: Investors who want a one-stop platform to discover, carry out research on, monitor, and apply for upcoming IPOs.
- Chittorgarh
Cittorgarh is one of India's most well-established websites for IPO information and is commonly used for keeping track of upcoming IPOs.
The platform offers:
- IPO calendar
- Subscription updates
- Grey Market Premium (GMP)
- IPO reviews
- Registrar links
- Allotment updates
Suitable for: People who actively keep an eye on IPO activity and market trends.
- IPO Watch
IPO Watch specialises in publishing updates related to initial public offerings and is particularly well known for its tracking of the Grey Market Premium.
Available information includes:
- Upcoming IPOs
- IPO GMP
- Subscription figures
- Company information
- Listing estimates
Suitable for: People who are interested in unofficial market sentiment together with IPO information.
- Investorgain
Investorgain offers a simple interface for keeping track of IPO activity.
Features include:
- IPO calendar
- Subscription status
- Grey Market Premium
- Basis of allotment
- Registrar information
- Company details
Suitable for: Retail investors who want to track IPOs and find out about their allotments.
- Angel One
Through its investment platform, Angel One offers capabilities relating to IPO discovery and applications.
Available features include:
- Upcoming IPO listings
- Online application
- Portfolio tracking
- Investment research
Suitable for: Investors who want a combined brokerage platform.
- Zerodha
Zerodha allows eligible investors to apply for IPOs as they manage their wider investment portfolio.
The platform includes:
- IPO applications
- UPI support
- Portfolio management
- Investment dashboard
Suitable for: Existing Zerodha users.
- Upstox
Together with its platform for investing in the stock market, Upstox also provides services for investing in IPOs.
Features include:
- IPO tracking
- Online application
- Portfolio management
- Investment tools
Ideal for: Investors who want a mobile-focused investing experience.
What should you monitor before investing in an upcoming IPO?
Keeping an eye on an IPO goes beyond just knowing when it opens.
Before investing, consider evaluating:
Company Fundamentals
Look at the company's business model, products, competitive advantages, and the prospects for the industry.
Financial Performance
Look at the growth in revenue, profitability, debt levels, and cash flows.
Price Band
Look at the way the IPO price compares to that of other companies which are already listed.
Issue Size
Find out how much capital the company intends to raise.
Objects of the Issue
Look at how the company plans to use the funds from the IPO.
Promoter Background
Investigate the promoters' past experience and record.
Subscription Status
Keep an eye on the level of investor participation among those in the Retail sector, the Qualified Institutional Buyers (QIBs), and the Non-Institutional Investors (NIIs).
Listing Date
Keep tabs on the expected listing schedule and the exchange details.
Market Conditions
The atmosphere in the overall market can affect how an IPO performs after it is listed.
Benefits of Using an IPO Tracking App
Using a dedicated IPO tracking app can help investors:
- Stay updated on upcoming IPOs
- Avoid missing application deadlines
- Compare multiple IPOs
- Track subscription trends
- Review company information
- Monitor allotment status
- Follow listing updates
- Manage investments from one platform
Conclusion
The best IPO tracking app for upcoming issues depends on the level of research, tracking, and investing functionality you require. Dedicated IPO information platforms such as Chittorgarh, IPO Watch, and Investorgain provide detailed IPO calendars, subscription updates, and allotment information, while brokerage platforms such as Angel One, Zerodha, and Upstox combine IPO access with broader investment services.
For investors who want to discover upcoming IPOs, research companies, monitor subscription trends, track allotment updates, and seamlessly move from research to investing, Groww offers a comprehensive end-to-end experience with a dedicated IPO section and an integrated investment ecosystem.
Regardless of the platform you choose, it is advisable to evaluate every upcoming IPO based on company fundamentals, financial performance, valuation, issue objectives, risk factors, and official disclosures rather than relying solely on subscription figures or market sentiment.
