Comparison

IPO Premium vs IPO Plus

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

IPO Premium

Features
Read full description

IPO Premium: GMP & Tracker is India's complete IPO tracker for retail investors. Monitor live Grey Market Premium (GMP), track NSE and BSE IPO listings across Mainboard and SME categories, check subscription status, read stock market news, and use 24 professional IPO calculators and analysis tools โ€” all in one app. Whether you are tracking allotment odds, calculating kostak value, planning HNI funding, or researching a company before applying, IPO Premium covers every step of the IPO investment process. LIVE IPO TRACKER Browse currently open, upcoming, and previously listed IPOs on NSE and BSE. Filter by Mainboard or SME category. Sort by GMP, subscription rate, price band, or listing date. Search any IPO by name instantly. IPO DETAIL VIEW Each IPO page shows price band, lot size, issue size, open and close dates, listing date, exchange (NSE/BSE), sector, company description, subscription status by investor category (QIB, HNI, Retail), Grey Market Premium (GMP) with trend chart, and a direct link to the RHP/Prospectus PDF. STOCK MARKET NEWS Read financial news across four sections: All News, IPO, Stocks, and Premium. Loads with infinite scroll and thumbnail previews. 24 IPO CALCULATORS & TOOLS IPO Calculators: โ€ข Lot Size Calculator โ€” minimum investment and maximum lots โ€ข GMP Listing Gain Calculator โ€” estimated listing price and profit per lot โ€ข HNI Interest Cost Calculator โ€” NBFC funding ROI and allotment probability โ€ข Brokerage & STT Calculator โ€” net profit after all charges โ€ข Tax Estimator โ€” STCG (20%) vs LTCG (12.5%) per Finance Act 2024 โ€ข Break-Even Price Calculator โ€” minimum sell price to recover investment โ€ข Multi-Lot Optimizer โ€” family PAN application strategy for better allotment โ€ข Kostak Calculator โ€” grey market kostak value vs expected GMP profit IPO Analysis Tools: โ€ข IPO Score Card โ€” 5-factor rating out of 100 โ€ข P/E Comparison โ€” IPO valuation vs industry peers โ€ข Fair Value Calculator โ€” 1-year and 3-year earnings-based price targets โ€ข Dilution Impact โ€” EPS dilution and post-IPO promoter holding โ€ข SME Risk Scorer โ€” red flag risk score for SME IPOs โ€ข Allotment Odds Estimator โ€” allotment probability from subscription data Reference & Dates: โ€ข IPO Timeline Guide โ€” complete DRHP to listing day walkthrough โ€ข Date Calculator โ€” allotment date, refund unblock, and listing dates โ€ข Anchor Lock-in Calculator โ€” 30-day and 90-day institutional exit watch โ€ข IPO Glossary โ€” 50+ terms including GMP, ASBA, DRHP, RHP, kostak explained Learning & Education: โ€ข IPO Basics โ€” fundamentals of IPO investing for beginners โ€ข Strategy Tips โ€” 25 professional tips for better allotment and listing gains โ€ข IPO Masterclass โ€” lifecycle, investor categories, and exit rules โ€ข RHP Checklist โ€” red flags to check before applying to any IPO โ€ข Investor Mindset โ€” psychology and bias awareness for IPO investors โ€ข Subscription Strategy โ€” retail, HNI, and shareholder category optimization NSE MARKET HOLIDAYS View NSE trading holidays fetched directly from the exchange, with full date and day-of-week details. IPO DASHBOARD At-a-glance stats: live IPO count, upcoming IPOs, active GMP count, and SME IPOs. Includes a Mainboard vs SME distribution chart, IPO timeline, and daily strategy tips. Pull to refresh anytime. MARKET STATUS NSE Capital Market open/closed status indicator, updated periodically throughout the trading day. PUSH NOTIFICATIONS Opt-in IPO notifications delivered via Firebase Cloud Messaging. Enable or disable anytime in Settings. DARK MODE Full dark and light theme support with a toggle in Settings. โ€” Disclaimer: GMP data is sourced from unofficial grey market channels and does not guarantee actual listing prices. This app is for informational purposes only and does not constitute financial advice. Always consult a SEBI-registered advisor before making investment decisions.

About

IPO Plus

Features
Read full description

IPO Plus is the fastest way to track every Indian IPO in one place โ€” mainboard and SME. Follow live grey market premium (GMP) rumours, real-time subscription figures and allotment status, plus the full pipeline of rights issues, buybacks, NCDs and OFS. Research before you apply with price bands, lot sizes, issue size, lead managers and listing dates. WHAT YOU GET - Live IPO dashboard โ€” open, upcoming, closed and recently listed - GMP tracker โ€” day-wise grey market premium trend (rumour-based, indicative only) - Subscription status โ€” QIB, NII and retail figures updated through the issue - Allotment status โ€” check once basis of allotment is out - Rights issues, buybacks, NCDs & OFS โ€” dates, ratios, record dates and prices - Stock screener & market pulse - Broker reviews โ€” compare before opening a demat account - IPO news that actually moves an issue WHY IPO PLUS - Everything in one app โ€” no jumping between sites - Clean, fast, built for Indian markets - Free to use IMPORTANT IPO Plus is an information and research app. Grey market premium (GMP) figures are unofficial, rumour-based and shown for informational purposes only โ€” not a recommendation and not a reliable indicator of listing price. IPO Plus does not execute trades, does not handle application money, and is not a broker or investment adviser. Always read the offer documents and consult a SEBI-registered adviser before investing. IPO Plus is not affiliated with any stock exchange, SEBI, or grey market operator.

Screenshots

IPO Premium4 screens
IPO Plus4 screens

Verdict

The call

The clearest difference is ads: IPO Plus at none against IPO Premium's shown. IPO Plus also leads on update cadence (every 2 days vs every 5 weeks). On price, in-app purchases, device support and iOS requirement there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

IPO Premium ships an update every 5 weeks, IPO Plus every 2 days. The most recent releases landed on October 28, 2026 and October 31, 2026 respectively.

Scorecard2 real differences ยท 4 level
IPO Premium versus IPO Plus: the parameters behind the verdict, then further details
ParameterIPO PremiumIPO Plus
PriceFreeFree
Update frequencyEvery 5 weeksEvery 2 days โ€” better
AdsYesNo โ€” better
In-app purchasesNoNo
DevicesiPhoneiPhone
Requires iOS16.0 โ€” better16.4
Further details โ€” not scored
Size24 MB52 MB
Age rating4+4+
DeveloperAsha AvaiyaQunex Tech FZCO

In-app purchases

None

IPO Premium

No in-app purchases

None

IPO Plus

No in-app purchases

Questions

Is IPO Premium free?
IPO Premium is free to download, with no in-app purchases.
Is IPO Plus free?
IPO Plus is free to download, with no in-app purchases.
Do IPO Premium or IPO Plus have ads?
IPO Premium shows ads; IPO Plus does not.
Which is updated more often, IPO Premium or IPO Plus?
IPO Premium ships an update every 5 weeks, and IPO Plus every 2 days. Most recently, IPO Premium was updated on October 28, 2026 and IPO Plus on October 31, 2026.

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