Disclaimer

Important information about the data and content on IPO Cracker

General Disclaimer

IPO Cracker ("we", "us", "our") is an informational platform that aggregates publicly available data about Initial Public Offerings (IPOs) in India. We are not registered with SEBI (Securities and Exchange Board of India) as an investment advisor, research analyst, or broker-dealer. Nothing on this website constitutes investment advice, financial advice, trading advice, or any other form of professional advice.

Any investment decisions made based on information available on this website are at your own risk. You should consult a qualified financial advisor before making any investment decisions.

Data Accuracy

IPO data displayed on this website — including issue prices, dates, lot sizes, subscription figures, listing prices, and financial information — is aggregated from publicly available sources including stock exchange filings, registrar websites, company prospectuses, and financial news outlets. While we strive to keep this data accurate and up-to-date, we make no guarantee regarding the accuracy, completeness, or timeliness of any information on this website.

Users should always verify critical IPO details from official sources such as BSE (Bombay Stock Exchange), NSE (National Stock Exchange), and the company's official prospectus (DRHP/RHP) before making any investment decisions.

Grey Market Premium (GMP) Data

GMP (Grey Market Premium) data displayed on this website reflects unofficial grey market activity. The grey market is not regulated by SEBI or any stock exchange. GMP data is sourced from market participants and publicly available information, and may not be accurate or reflective of actual listing performance. GMP should not be used as the sole basis for any investment decision.

Broker Recommendations

Broker recommendations displayed on IPO detail pages are sourced from publicly available research reports and analyst opinions published by third-party brokerage firms. These represent the views of the respective brokers and do not constitute our recommendation or advice. We do not endorse, verify, or take responsibility for any broker's recommendation. The inclusion of broker recommendations is for informational purposes only to help users understand market sentiment.

Analysis & Scoring

The IPO analysis scores and recommendations (Subscribe, Avoid, Neutral, etc.) displayed on this website are generated by an algorithmic scoring system based on publicly available data including GMP, subscription status, financial metrics, and valuation ratios. These scores are purely computational and should not be treated as investment advice. The algorithm may use incomplete or inaccurate data, and past scoring accuracy does not guarantee future results.

Third-Party Trademarks

All product names, logos, brands, and trademarks mentioned on this website are the property of their respective owners. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with, or endorsement by, the trademark holder.

This includes but is not limited to: Zerodha, Groww, Angel One, Upstox, ICICI Direct, HDFC Securities, Kotak Securities, Motilal Oswal, Google Pay, PhonePe, BHIM, Paytm, BSE (Bombay Stock Exchange), NSE (National Stock Exchange), SEBI, NSDL, CDSL, Link Intime, KFin Technologies, Bigshare Services, and all other third-party names referenced on this platform.

Data Sources

IPO data on this platform is aggregated from publicly available sources including:

  • Stock exchange filings (BSE, NSE)
  • Company prospectuses (DRHP, RHP) filed with SEBI
  • Official registrar websites for allotment data
  • Financial news outlets and publications
  • Grey market participant reports for GMP data

We do not claim ownership of third-party data. All data is used for informational and educational purposes under fair use principles.

Limitation of Liability

To the fullest extent permitted by applicable law, IPO Cracker and its operators shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to financial losses, arising from the use of or inability to use this website or any information provided herein.

This includes, without limitation, any damages arising from reliance on GMP data, broker recommendations, analysis scores, subscription statistics, or any other data presented on this platform.

Changes to This Disclaimer

We reserve the right to update this disclaimer at any time without prior notice. Continued use of this website after any changes constitutes your acceptance of the updated disclaimer.

Last updated: February 2026

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