IPO Overview

We regularly add new IPOs after reviewing their DRHPs and RHPs. For each company, we share a short, easy to understand summary of what we think about the business based on the financials, management and the business quality. Please remember that this is not investment advice, it's simply our view based on the research we've done and should be used for understanding purposes only.

Please consult your financial advisor before making any investment decision.

Disclaimer - We are not SEBI registered Investment Advisor. No content in the website should be taken as a recommendation.

Company	View	GMP(%)	Price	Valuation	Subscription	Open	Close	Issue Size (Crs)
Amagi Media Labs Ltd	Skip	5.5%	361	6x P/S	0.02x	13 Jan 2026	16 Jan 2026	1,789	Full Research Note
Amagi has built a tech stack that competes with and is establishing itself among global peers. The company has a marquee client base of leading Media companies like BBC, Fox, NBC, Lionsgate etc and is a beneficiary of the shift from traditional TVs to OTT platforms. However, at the IPO ask valuation of ~7,810 crore, the company is valued at ~5.5x H1 annualised sales (~6x TTM), which is on the higher side. It is currently loss-making and has not yet turned EBITDA positive with no clear path to profitability outlined by the management.The current GMP of 5.5% (13th Jan) suggests a flat listing.
Bharat Coking Coal Ltd	May Subscribe for Listing Gains	47%	23	14x P/E	-	9 Jan 2026	13 Jan 2026	1,071	Full Research Note
Gujarat Kidney & Super Speciality Ltd	Skip	0%	114	7.4x	5.2x	22 Dec 2025	24 Dec 2025	251	Full Research Note
KSH International Ltd	Skip	-%	384	1.4x P/S	0.9x	16 Dec 2025	18 Dec 2025	710	Full Research Note
ICICI Prudential AMC	May Subscribe for Listing Gains	21%	2,165	40x P/E	39x	12 Dec 2025	16 Dec 2025	10,603	Full Research Note

Amagi Media Labs Ltd

Skip

GMP(%)

5.5%

Price

₹361

Valuation

6x P/S

Subscription

0.02x

Open Date

13 Jan 2026

Close Date

16 Jan 2026

Issue Size

₹1,789 Cr

Full Research Note→

Amagi has built a tech stack that competes with and is establishing itself among global peers. The company has a marquee client base of leading Media companies like BBC, Fox, NBC, Lionsgate etc and is a beneficiary of the shift from traditional TVs to OTT platforms. However, at the IPO ask valuation of ~7,810 crore, the company is valued at ~5.5x H1 annualised sales (~6x TTM), which is on the higher side. It is currently loss-making and has not yet turned EBITDA positive with no clear path to profitability outlined by the management.The current GMP of 5.5% (13th Jan) suggests a flat listing.

Bharat Coking Coal Ltd

May Subscribe for Listing Gains

GMP(%)

47%

Price

₹23

Valuation

14x P/E

Subscription

Open Date

9 Jan 2026

Close Date

13 Jan 2026

Issue Size

₹1,071 Cr

Full Research Note→

Gujarat Kidney & Super Speciality Ltd

Skip

GMP(%)

Price

₹114

Valuation

7.4x

Subscription

5.2x

Open Date

22 Dec 2025

Close Date

24 Dec 2025

Issue Size

₹251 Cr

Full Research Note→

KSH International Ltd

Skip

GMP(%)

Price

₹384

Valuation

1.4x P/S

Subscription

0.9x

Open Date

16 Dec 2025

Close Date

18 Dec 2025

Issue Size

₹710 Cr

Full Research Note→

ICICI Prudential AMC

May Subscribe for Listing Gains

GMP(%)

21%

Price

₹2,165

Valuation

40x P/E

Subscription

39x

Open Date

12 Dec 2025

Close Date

16 Dec 2025

Issue Size

₹10,603 Cr

Full Research Note→