IPO Reports >

IPO Reviews 2023 and Capital Market IPO Rating

Get IPO Recommendations by Leading Experts and Brokerage Houses. IPO Reviews 2023 is among the most popular input investor uses to apply in an IPO. Below IPO Ratings are provided by various financial institutions, independent brokers and SEBI Registered Analysts.

2023 IPO research, reviews and rating provider in India includes Capital Market, ICICI Securities, Nirmal Bang, Motilal Oswal, HEM Securities, Ventura, Reliance Securities, Angel One, Aditya Birla Money, Mr S P Tulsian and Mr Dilip Davda.

<< Year 2022	2023	Year 2024 > >

IPO Reviews and Rating 2023 India

Company	Reviews	CM Rating	Chittorgarh Users Rating
Zeal Global Services Limited	Dilip Davda - May apply		4
Yudiz Solutions Limited	Dilip Davda - Avoid		2.33
Yasons Chemex Care Limited	Dilip Davda - Apply		3.77
WomanCart Limited	Dilip Davda - May apply		3.67
Vrundavan Plantation Limited	Dilip Davda - May apply		5
Vivaa Tradecom Limited	Dilip Davda - Avoid		4
Vishnusurya Projects and Infra Limited	Dilip Davda - Apply GoldenTrunk Capital Venture LLP - Not Rated		4
Vinyas Innovative Technologies Limited	Dilip Davda - May apply		3.25
Vinsys IT Services Limited	Dilip Davda - May apply		4.33
Vilin Bio Med Limited	Dilip Davda - Avoid		2.5
Viaz Tyres Limited	Dilip Davda - May apply		4.09
Vertexplus Technologies Limited	Dilip Davda - May apply		2.08
VELS Film International Limited	Dilip Davda - Avoid		1.86
Veefin Solutions Limited	Dilip Davda - May apply		3.55
Vasa Denticity Limited	Dilip Davda - May apply Hem Securities - Not Rated		3.08
Urban Enviro Waste Management Limited	Dilip Davda - May apply		4.25
Unihealth Consultancy Limited	Dilip Davda - Apply		3.71
Tridhya Tech Limited	Dilip Davda - Avoid		3.64
Trident Techlabs Limited	Dilip Davda - May apply		5
Transvoy Logistics India Limited	Dilip Davda - Avoid		3.97
Transteel Seating Technologies Limited	Dilip Davda - Apply		4.83
Techknowgreen Solutions Limited	Dilip Davda - Apply		4.82
Systango Technologies Limited	Dilip Davda - May apply		3
Synoptics Technologies Limited	Dilip Davda - May apply		3.88
Swashthik Plascon Limited	Dilip Davda - May apply		3.33
SVJ Enterprises Limited	Dilip Davda - Avoid		3.24
Supreme Power Equipment Limited	Dilip Davda - May apply		4.67
Sunrest Lifescience Limited	Dilip Davda - May apply		3
Sunita Tools Limited	Dilip Davda - Avoid		2
Sungarner Energies Limited	Dilip Davda - May apply		3.88
Sudarshan Pharma Industries Ltd	Dilip Davda - Avoid		1.75
Srivasavi Adhesive Tapes Limited	Dilip Davda - May apply		4.24
Srivari Spices and Foods Limited	Dilip Davda - Apply		3.85
Spectrum Talent Management Limited	Dilip Davda - May apply Sarthi capital advisors private limited - Not Rated		4.16
Sotac Pharmaceuticals Limited	Dilip Davda - Avoid		3.5
Sonalis Consumer Products Limited	Dilip Davda - Avoid		4
Siyaram Recycling Industries Limited	Dilip Davda - May apply		3
Shri Techtex Limited	Dilip Davda - May apply		4.89
Shree OSFM E-Mobility Limited	Dilip Davda - Avoid		5
Shoora Designs Limited	Dilip Davda - Avoid		3
Shera Energy Limited	Dilip Davda - May apply		3.84
Shelter Pharma Limited	Dilip Davda - Avoid		2.9
Sheetal Universal Limited	Dilip Davda - May apply		4.67
Sharp Chucks And Machines Limited	Dilip Davda - Apply		3.2
Shanti Spintex Limited	Dilip Davda - May apply		5
Shanthala FMCG Products Limited	Dilip Davda - Avoid		0
Service Care Limited	Dilip Davda - Avoid		3.86
Sealmatic India Limited	Dilip Davda - Apply		4.08
Saroja Pharma Industries India Limited	Dilip Davda - Avoid		2
SAR Televenture Limited	Dilip Davda - Apply DRS Finvest - Not Rated IIFL Securities - Not Rated		4.2
Sangani Hospitals Limited	Dilip Davda - Avoid		3.6
Sancode Technologies Limited	Dilip Davda - Avoid		1.8
Sameera Agro And Infra Limited	Dilip Davda - Avoid		5
Sahara Maritime Limited	Dilip Davda - Avoid		3
Sahana System Limited	Dilip Davda - Avoid		3.33
Sahaj Fashions Limited	Dilip Davda - Avoid		2.33
Saakshi Medtech and Panels Limited	Dilip Davda - Apply		3.85
S J Logistics (India) Limited	Dilip Davda - May apply GoldenTrunk Capital Venture LLP - Not Rated		5
ROX Hi-Tech Limited	Dilip Davda - Apply		4.4
Rockingdeals Circular Economy Limited	Dilip Davda - Avoid		1.83
Retina Paints Limited	Dilip Davda - Avoid		4.09
ResGen Limited	Dilip Davda - May apply		2.33
Remus Pharmaceuticals Limited	Dilip Davda - Avoid		3.55
Rajgor Castor Derivatives Limited	Dilip Davda - May apply		3.14
Quicktouch Technologies Limited	Dilip Davda - May apply		4.6
Quality Foils (India) Limited	Dilip Davda - May apply		3.7
Proventus Agrocom Limited	Dilip Davda - Avoid		2.67
Prospect Commodities Limited	Dilip Davda - Avoid		2.45
Presstonic Engineering Limited	Dilip Davda - May apply		3
Pramara Promotions Limited	Dilip Davda - May apply		3.83
Plada Infotech Services Limited	Dilip Davda - Apply		3
Pentagon Rubber Limited	Dilip Davda - May apply		2.86
Pattech Fitwell Tube Components Limited	Dilip Davda - Avoid		1
Patron Exim Limited	Dilip Davda - Avoid		3.35
Paragon Fine And Speciality Chemicals Limited	Dilip Davda - May apply		3.55
Oriana Power Limited	Dilip Davda - May apply		3.9
Organic Recycling Systems Limited	Dilip Davda - May apply		3.33
Oneclick Logistics India Limited	Dilip Davda - Avoid		3.67
On Door Concepts Limited	Dilip Davda - May apply		3.6
Nirman Agri Genetics Limited	Dilip Davda - May apply		4.24
Newjaisa Technologies Limited	Dilip Davda - Apply		1
Net Avenue Technologies Limited	Dilip Davda - May apply		3.33
MOS Utility Limited	Dilip Davda - May apply		3.52
Mono Pharmacare Limited	Dilip Davda - May apply		3.6
Mish Designs Limited	Dilip Davda - Avoid		4.67
Micropro Software Solutions Limited	Dilip Davda - Avoid		5
Meson Valves India Limited	Dilip Davda - Avoid		3.07
MCON Rasayan India Limited	Dilip Davda - May apply		3.88
Master Components Limited	Dilip Davda - Avoid		2
Marinetrans India Limited	Dilip Davda - Avoid		3
Marco Cables & Conductors Limited	Dilip Davda - May apply		3.5
Manoj Ceramic Limited	Dilip Davda - May apply		5
Mangalam Alloys Limited	Dilip Davda - May apply		3.5
Maitreya Medicare Limited	Dilip Davda - May apply		3.75
Maiden Forgings Limited	Dilip Davda - May apply		3.27
Magson Retail And Distribution Limited	Dilip Davda - Apply		3.64
Madhusudan Masala Limited	Dilip Davda - May apply		3.17
Macfos Limited	Dilip Davda - May apply		3.94
Lead Reclaim and Rubber Products Limited	Dilip Davda - Avoid		3.8
Labelkraft Technologies Limited	Dilip Davda - Avoid		2.38
Kundan Edifice Limited	Dilip Davda - May apply		3.57
Krishca Strapping Solutions Limited	Dilip Davda - Apply		3.56
Kore Digital Limited	Dilip Davda - Avoid		4
Kontor Space Limited	Dilip Davda - Apply		4.6
Kody Technolab Limited	Dilip Davda - Avoid		3.75
KK Shah Hospitals Limited	Dilip Davda - Avoid		1
Khazanchi Jewellers Limited	Dilip Davda - Avoid		1.83
Kay Cee Energy & Infra Limited	Dilip Davda - Apply		4.33
Kaushalya Logistics Limited	Dilip Davda - Apply		5
Karnika Industries Limited	Dilip Davda - May apply		1
Kalyani Cast Tech Ltd	Dilip Davda - May apply		4.67
Kaka Industries Limited	Dilip Davda - May apply		4.29
Kahan Packaging Limited	Dilip Davda - Avoid		2.44
Jiwanram Sheoduttrai Industries Limited	Dilip Davda - May apply		4.43
ITCONS E-Solutions Limited	Dilip Davda - Apply		3.99
Inspire Films Limited	Dilip Davda - Neutral		4.67
Innovatus Entertainment Networks Limited	Dilip Davda - Avoid		1.5
Innokaiz India Limited	Dilip Davda - May apply		3.57
Infollion Research Services Limited	Dilip Davda - Apply		4.38
Infinium Pharmachem Limited	Dilip Davda - May apply		3.67
Indong Tea Company Limited	Dilip Davda - Avoid		4.29
Indifra Limited	Dilip Davda - Avoid		0
HRH Next Services Limited	Dilip Davda - May apply		3.67
Holmarc Opto-Mechatronics Limited	Dilip Davda - May apply		5
HMA Agro Industries Limited	Dilip Davda - May apply	42	2.46
Hi-Green Carbon Limited	Dilip Davda - May apply		3.15
Hemant Surgical Industries Limited	Dilip Davda - Apply Hem Securities - Not Rated		4.18
Greenchef Appliances Limited	Dilip Davda - May apply		3.64
Graphisads Limited	Dilip Davda - May apply		3.67
Goyal Salt Limited	Dilip Davda - Apply		3.56
Global Pet Industries Limited	Dilip Davda - May apply		3
Gayatri Rubbers and Chemicals Limited	Dilip Davda - Avoid		4.09
Exhicon Events Media Solutions Limited	Dilip Davda - May apply		4.47
Electro Force (India) Limited	Dilip Davda - Avoid		3
Eastern Logica Infoway Limited	Dilip Davda - Avoid		2.75
Earthstahl & Alloys Limited	Dilip Davda - May apply		4.26
E Factor Experiences Limited	Dilip Davda - May apply		3.5
Ducol Organics And Colours Limited	Dilip Davda - May apply		4.11
Drone Destination Limited	Dilip Davda - May apply		4.08
Digikore Studios Limited	Dilip Davda - Apply		3.5
DHARNI Capital Services Limited	Dilip Davda - Avoid		3.91
Dev Labtech Venture Limited	Dilip Davda - May apply		3.2
Deepak Chemtex Limited	Dilip Davda - May apply		3.75
De Neers Tools Limited	Dilip Davda - Avoid		3.73
Crop Life Science Limited	Dilip Davda - Apply		4.82
Crayons Advertising Limited	Dilip Davda - May apply Profitmart - Apply		3.76
Cosmic CRF Limited	Dilip Davda - Avoid		4.13
Comrade Appliances Limited	Dilip Davda - Avoid		3.1
Committed Cargo Care Limited	Dilip Davda - Apply		3.7
Command Polymers Limited	Dilip Davda - Avoid		2.33
City Crops Agro Limited	Dilip Davda - Avoid		3
Chavda Infra Limited	Dilip Davda - Apply		3.67
Chaman Metallics Limited	Dilip Davda - Apply		4.17
CFF Fluid Control Limited	Dilip Davda - Avoid		3.6
Cellecor Gadgets Limited	Dilip Davda - May apply		3.8
Cell Point (India) Limited	Dilip Davda - Avoid		3
Canarys Automations Limited	Dilip Davda - Apply		3.75
C P S Shapers Limited	Dilip Davda - May apply		3.07
Bright Outdoor Media Limited	Dilip Davda - Avoid		3.67
Bondada Engineering Limited	Dilip Davda - Apply		4.25
Bizotic Commercial Limited	Dilip Davda - Avoid		4.2
Benchmark Computer Solutions Limited	Dilip Davda - May apply		4
Basilic Fly Studio Limited	Dilip Davda - Apply		4.59
Shri Balaji Valve Components Limited	Dilip Davda - May apply		4.33
Baba Food Processing India Limited	Dilip Davda - May apply		5
Auro Impex & Chemicals Limited	Dilip Davda - Avoid		2.96
Asarfi Hospital Limited	Dilip Davda - Apply		4
Arvind and Company Shipping Agencies Limited	Dilip Davda - May apply		3.67
Arrowhead Seperation Engineering Limited	Dilip Davda - Avoid		2
Aristo Bio-Tech and Lifescience Limited	Dilip Davda - May apply		4.02
Arabian Petroleum Limited	Dilip Davda - May apply		3
AMIC Forging Limited	Dilip Davda - May apply		4
Amanaya Ventures Limited	Dilip Davda - Avoid		1
Alphalogic Industries Limited	Dilip Davda - May apply		4.35
Akanksha Power and Infrastructure Limited	Dilip Davda - Apply		2.67
AIK Pipes And Polymers Limited	Dilip Davda - May apply		1.33
Ahasolar Technologies Limited	Dilip Davda - May apply		4.4
Agarwal Float Glass India Limited	Dilip Davda - May apply		3.75
Accent Microcell Limited	Dilip Davda - Apply		4.57
AccelerateBS India Limited	Dilip Davda - Avoid		3.78
Aatmaj Healthcare Limited	Dilip Davda - May apply Nirbhay Capital Services Private Limited - Not Rated		3.69
A G Universal Limited	Dilip Davda - Avoid		3.22
Yatra Online Limited	Arihant Capital Markets Ltd - Apply Ashika Research - Not Rated Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Capital Market - Neutral Dilip Davda - Avoid Indsec Securities - Apply Religare Broking Limited - Neutral Ventura Securities Limited - Apply	40	2.37
Yatharth Hospital and Trauma Care Services Limited	Ashika Research - Not Rated Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Canara Bank Securities Ltd - Apply Capital Market - May apply Dilip Davda - Apply Geojit Securities Ltd - Apply GEPL Capital Ltd - Apply HENSEX Securities - Apply Investmentz Ltd - Apply Jainam Broking limited - Neutral Marwadi Shares and Finance Ltd - Apply Mehta Equities - Apply Nirmal Bang - Apply Reliance Securities - Apply	46	3.47
Vishnu Prakash R Punglia Limited	Anand Rathi - Apply Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Capital Market - May apply Dilip Davda - May apply Geojit Securities Ltd - Apply HENSEX Securities - Apply Indsec Securities - Apply JM Financial Institutional Securities - Not Rated Mehta Equities - Apply Nirmal Bang - Apply Reliance Securities - Apply Stoxbox by BP Equities Pvt Ltd - Apply Sushil Finance Ltd - Apply Swastika Investmart Ltd - Apply	46	4.64
Manoj Vaibhav Gems 'N' Jewellers Limited	BP Equities (BP Wealth) - Apply Capital Market - Neutral Dilip Davda - May apply Sushil Finance Ltd - Neutral Ventura Securities Limited - Not Rated	44	3.84
Utkarsh Small Finance Bank Limited	Anand Rathi - Apply Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Canara Bank Securities Ltd - Apply Capital Market - May apply Choice Equity Broking Pvt Ltd - Apply Dilip Davda - May apply Geojit Securities Ltd - Apply HDFC Securities Limited - Not Rated HENSEX Securities - Apply ICICI Securities - Not Rated IDBI Capital - Apply Investmentz Ltd - Apply LKP Securities Ltd - Apply Marwadi Shares and Finance Ltd - Apply Nirmal Bang - Apply Reliance Securities - Apply SBICAP Securities Limited - Apply Swastika Investmart Ltd - Apply Systematix Shares and Stocks (India) Limited - Not Rated Ventura Securities Limited - Not Rated	45	3.49
Updater Services Limited	Anand Rathi - Apply Canara Bank Securities Ltd - Apply Capital Market - Neutral Dilip Davda - May apply Ventura Securities Limited - Not Rated	40	2.6
Udayshivakumar Infra Limited	Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Dilip Davda - May apply Nine Star Broking Private Limited - Not Rated Reliance Securities - Apply Swastika Investmart Ltd - Apply Ventura Securities Limited - Not Rated	44	4.49
TVS Supply Chain Solutions Limited	Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated Canara Bank Securities Ltd - Apply Capital Market - May apply Dilip Davda - Apply Geojit Securities Ltd - Apply India IPO Market - Apply Reliance Securities - Apply SBICAP Securities Limited - Apply SMIFS Limited - Apply	45	3.68
Tata Technologies Limited	Ajcon Global Services Ltd - Apply Arihant Capital Markets Ltd - Apply Ashika Research - Not Rated Asit C. Mehta Investment Intermediates Ltd - Apply Axis Capital - Not Rated Capital Market - Apply cholamandalam securities limited - Apply Dilip Davda - Apply Emkay Global - Not Rated Geojit Securities Ltd - Apply GEPL Capital Ltd - Apply IDBI Capital - Apply InCred Equities - Apply Indsec Securities - Apply Master Capital Services Limited - Apply Nirmal Bang - Apply Phillip Capital - Apply Reliance Securities - Apply SBICAP Securities Limited - Apply Sharekhan Limited - Not Rated Swastika Investmart Ltd - Apply Ventura Securities Limited - Apply	60	4.15
Suraj Estate Developers Limited	Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Capital Market - Neutral Dilip Davda - Apply Geojit Securities Ltd - Apply Indsec Securities - Apply SMIFS Limited - Apply Swastika Investmart Ltd - Apply Ventura Securities Limited - Not Rated	44	3.88
Senco Gold Limited	Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Canara Bank Securities Ltd - May apply Capital Market - May apply Dilip Davda - Apply Eureka Stock & Share Broking Services Limited - Apply Geojit Securities Ltd - Apply Haitong Securities Private Limited - Not Rated HENSEX Securities - Apply IIFL Securities - Not Rated Nirmal Bang - Apply Reliance Securities - Not Rated SBICAP Securities Limited - Not Rated SMIFS Limited - Apply Swastika Investmart Ltd - Apply Ventura Securities Limited - Not Rated	45	4.08
SBFC Finance Limited	Axis Capital - Not Rated BP Equities (BP Wealth) - Apply Capital Market - May apply Dilip Davda - May apply Geojit Securities Ltd - Apply HDFC Securities Limited - Not Rated Hem Securities - Apply HENSEX Securities - Apply Indsec Securities - Apply JM Financial Institutional Securities - Not Rated LKP Securities Ltd - Apply Marwadi Shares and Finance Ltd - Apply Nirmal Bang - Apply SBICAP Securities Limited - Apply Swastika Investmart Ltd - Apply Ventura Securities Limited - Apply	45	3.97
SAMHI Hotels Limited	Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated Capital Market - Avoid Dilip Davda - May apply HDFC Securities Limited - Not Rated IDBI Capital - Apply Nirmal Bang - Apply Religare Broking Limited - Neutral SMIFS Limited - Apply Ventura Securities Limited - Not Rated	35	2.09
Sai Silks (Kalamandir) Limited	Anand Rathi - May apply Arihant Capital Markets Ltd - Apply BP Equities (BP Wealth) - Apply Capital Market - Neutral Choice Equity Broking Pvt Ltd - Apply Dilip Davda - Apply DRChoksey FinServ Pvt Ltd. - Apply GEPL Capital Ltd - Apply Indsec Securities - May apply Marwadi Shares and Finance Ltd - Apply Reliance Securities - Apply SBICAP Securities Limited - Apply Sushil Finance Ltd - May apply Ventura Securities Limited - Apply	42	2.33
Rishabh Instruments Limited	Anand Rathi - Apply Arihant Capital Markets Ltd - Apply Axis Capital - Not Rated Canara Bank Securities Ltd - Apply Capital Market - May apply Dilip Davda - May apply HENSEX Securities - Apply JM Financial Institutional Securities - Not Rated Marwadi Shares and Finance Ltd - Apply Religare Broking Limited - Neutral SBICAP Securities Limited - Apply Sushil Finance Ltd - Apply Ventura Securities Limited - Not Rated	49	3.74
RBZ Jewellers Limited	Axis Capital - Not Rated Capital Market - Neutral Dilip Davda - Apply Swastika Investmart Ltd - May apply	40	3.25
R R Kabel Limited	Canara Bank Securities Ltd - May apply Capital Market - May apply Choice Equity Broking Pvt Ltd - May apply Dilip Davda - Apply Equirus Securities - Apply InCred Equities - Apply Nirmal Bang - Not Rated Reliance Securities - Apply Sushil Finance Ltd - May apply Ventura Securities Limited - Apply	50	3.85
Pyramid Technoplast Limited	Axis Capital - Not Rated Capital Market - Neutral Dilip Davda - Apply	42	4.55
1 of 2 Next Last

		Compare

Compare

<< Year 2022	2023	Year 2024 > >

CM Rating

Capital Market (CapitalMarket.com) IPO research team provides IPO Ratings (CM Rating) for most of the IPO's. They also publish the New Issue Monitor (NIM) document which provides investors an in-depth analysis of the IPO including company background, strengths, weaknesses, valuation, financials, and ratings.

Rating Scale: 1 - 100 High

CM Rating Detail

Rating range	Risk-return profile	Recommendation
51 or above	Low risk, moderate to High return	Must subscribe
45-50	Low risk low return or Moderate risk, moderate/high return	May subscribe
40-44	High risk high return	Avoid, however active risk seekers can try
Below 40	High risk, low/moderate return, Moderate risk low return	Do not subscribe

Chittorgarh Users Rating

Chittorgarh.com Users IPO Rating is a user-generated IPO Rating supported by thousands of IPO Investors who rate the IPO.

Rating Scale: Low 1 - 5 High

More IPO reports ...List of all reports