Disclosure
A research product that hides who pays it has nothing left to sell. So: here is the whole arrangement.
IPOVista earns a referral commission when a reader opens an Upstox account or subscribes to UpLearn through the links on this site. There is no extra cost to you. Upstox has no involvement in our data, our scoring method or our editorial, and no partner has ever been shown a page before it was published. We link to a broker because you cannot apply to an Indian IPO without a demat account — not as a recommendation of any particular one, and never as advice to apply to any issue.
Every partner link on this site opens in a new tab, carries rel="sponsored", and has the disclosure printed directly beside it rather than in a page you have to go looking for.
The score. It is computed from disclosed financials and issue terms by a published formula. Every pillar, weight and curve is on the method page, generated from the same constants the code uses. No partner has any input into it, and there is no way to pay for a better one.
The data. Figures come from each company's own prospectus and from exchange disclosures, and each issue page lists the specific sources used. Where a stated ratio disagrees with the line items it should be computed from, this site shows the computed one.
The editorial. The case for and against each issue is written from figures in that issue's own record. It is not shown to anyone before publication.
You cannot apply to an Indian IPO without a demat account. That is a regulatory fact, not a sales pitch — so a reader who has just decided they want to apply genuinely needs one, and that is the only place these links appear: beside an open issue, beside the application calculator, and in the guides about applying.
They are not a recommendation of any particular broker over another, and they are certainly not advice to apply to any issue. If you already have an account, use it.
IPOVista is not a SEBI-registered investment adviser or research analyst. It does not give investment advice, make recommendations, or accept payment for coverage. Nothing here is an offer or solicitation to buy or sell any security.
IPOVista publishes research and data compiled from public filings and exchange disclosures. Nothing here is investment advice, a recommendation, or an offer to buy or sell any security. Figures can contain errors and sources can be stale — verify against the prospectus before you act, and speak to a SEBI-registered adviser. Investing in securities carries risk, including loss of capital.