Best websites to track IPO GMP, subscription and allotment in India, 2026
Updated · Arthneeti research team · 5 tools compared
Quick answer
Chittorgarh has the most complete IPO reference data. InvestorGain and IPOWatch are the best-known GMP trackers. Arthneeti puts GMP, day-wise subscription by investor category (QIB, NII, retail) and allotment dates on one page per IPO, refreshed hourly and free. To actually apply, use your broker (Groww, Zerodha and others). Remember GMP is unofficial grey-market chatter, not a reliable predictor of listing price.
Three numbers dominate IPO decisions in India: the grey market premium (GMP), how many times each investor category has subscribed, and the allotment and listing dates. GMP comes from an unregulated, informal market, so every source labels it approximate. Treat it as one noisy signal among several.
At a glance
| Tool | Best for | Free tier | Paid price |
|---|---|---|---|
| Arthneeti IPO dashboard | GMP, subscription and allotment on one page per IPO | Yes, no login | Free |
| Chittorgarh | The most complete IPO reference data | Yes | Free |
| InvestorGain | Dedicated GMP tracking | Yes, no login | Free |
| IPOWatch | GMP plus quick IPO news | Yes | Free |
| Groww IPO | Applying, plus basic IPO details | Free to view; account needed to apply | Free |
The tools, one by one
1. Arthneeti IPO dashboard(ours)
Best for: GMP, subscription and allotment on one page per IPOArthneeti tracks mainboard and SME IPOs with live GMP in rupees and percent, price band, lot size and dates, plus a day-by-day subscription page split by QIB, NII and retail, and an allotment status page.
Strengths
- GMP, subscription and allotment linked together for each IPO
- Day-wise subscription by investor category
- Refreshed hourly
Limitations
- GMP is unofficial data and can be wrong or swing sharply
- You can't apply through Arthneeti; use your broker
Price: Free · Free: Yes, no login
2. Chittorgarh
Best for: The most complete IPO reference dataChittorgarh is India's long-running IPO reference site: offer details, financials, subscription, allotment and listing history, with GMP linked from InvestorGain.
Strengths
- Deep archive of past IPOs
- Detailed offer documents and timelines
- Widely trusted reference
Limitations
- Dense pages that take time to navigate
- GMP comes from a linked site rather than its own pages
Price: Free · Free: Yes
3. InvestorGain
Best for: Dedicated GMP trackingInvestorGain is the best-known GMP tracker; it states the data is informational only and that it doesn't support grey-market trading.
Strengths
- GMP history over the IPO window
- Clear disclaimers
- Free
Limitations
- GMP-focused; thinner on fundamentals
- Grey-market data is approximate by nature
Price: Free · Free: Yes, no login
4. IPOWatch
Best for: GMP plus quick IPO newsIPOWatch publishes GMP and IPO updates, with a disclaimer that figures are approximate.
Strengths
- Quick updates during the IPO window
- Covers SME IPOs
- Free
Limitations
- Approximate figures by its own disclaimer
- Less offer-document detail than Chittorgarh
Price: Free · Free: Yes
5. Groww IPO
Best for: Applying, plus basic IPO detailsGroww's IPO pages show offer details and let account holders apply via UPI; other brokers offer the same.
Strengths
- Apply in a few taps
- Clean offer summaries
- Allotment status after the IPO
Limitations
- No GMP on its pages
- You need a Groww account to apply
Price: Free · Free: Free to view; account needed to apply
How we compared them
- Whether GMP, subscription and allotment are easy to find for the same IPO
- How clearly the site labels GMP as unofficial
- SME IPO coverage
- Ads and clutter
Which one should you use?
- Researching an IPO: Chittorgarh for documents, Arthneeti for GMP + subscription in one view
- Watching GMP through the IPO window: InvestorGain or Arthneeti
- Applying: your broker (Groww, Zerodha, etc.)
Frequently asked questions
What is IPO GMP?
Grey market premium is the price above the issue price at which IPO shares are informally traded before listing. It isn't regulated or official, and listing prices often differ from it.
Which website is most accurate for IPO GMP?
No GMP source is accurate in a strict sense, because the grey market is informal and different dealers quote different numbers. InvestorGain, IPOWatch and Arthneeti all show it; compare more than one and weigh subscription data too.
Where can I check IPO subscription status day by day?
Arthneeti and Chittorgarh both show category-wise (QIB, NII, retail) subscription for each day of the IPO, from exchange data.
Is GMP a good reason to apply for an IPO?
This guide can't advise you on that. GMP reflects short-term sentiment and has often been wrong; the offer document, the business and the price are what the IPO is actually about.