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Disclaimer

Please read this disclaimer carefully before using IPO Scouter. By accessing or using this website, you agree to the terms set out below.

Last updated: 4 October 2026

In short: IPO Scouter shares information and opinion for educational purposes only. It is not investment advice. Investing in IPOs and securities involves risk, including the loss of capital. Always do your own research and read the offer document before you apply.

1. General information only

All content on IPO Scouter, including articles, reviews, tables, charts, scores and tools, is provided for general information and educational purposes. It does not take into account your personal financial situation, objectives, tax position or risk tolerance.

2. Not investment advice

Nothing on this website is, or should be read as, a recommendation or offer to buy, sell, subscribe to or hold any security, or as investment, financial, legal or tax advice.

IPO Scouter is not registered with the Securities and Exchange Board of India (SEBI) as an investment adviser or research analyst. Before making any investment decision, read the red herring prospectus (RHP) and other offer documents, and consider consulting a SEBI-registered investment adviser or another qualified professional.

3. Grey market premium (GMP)

Grey market premium figures are unofficial and unregulated. They are collected from market sources, can change quickly and may be inaccurate or manipulated. GMP is not a reliable indicator of listing price or future performance, and it should never be the sole basis for an investment decision. IPO Scouter does not participate in, promote or facilitate grey market trading.

4. Scouter Reading and opinions

The Scouter Reading and any ratings, tiers, views or commentary on this website reflect the editorial opinion of IPO Scouter at the time of writing. They are based on publicly available information and a subjective assessment, and are not a guarantee of quality, subscription, listing gains or returns. Opinions may change without notice as new information becomes available.

5. Accuracy and timeliness

We aim to use reliable sources such as offer documents, stock exchange announcements and registrar disclosures, and we work to keep our pages accurate and up to date. However, we make no representation or warranty, express or implied, about the completeness, accuracy, reliability or timeliness of any information on this site.

IPO dates, price bands, subscription figures, allotment timelines and listing details can change or be revised by the issuer, exchanges or regulators. Errors and delays can occur. Always confirm important details with the official source before acting on them.

6. Investment risk

Investments in securities markets are subject to market risk. The value of investments can go down as well as up, and you may lose some or all of the money you invest. SME IPOs in particular may carry higher risk, lower liquidity and larger price swings. Past performance of any IPO, sector or market is not a guide to future results.

7. Allotment and listing information

IPO Scouter has no role in the IPO allotment process and cannot influence or confirm allotments. Guidance on checking allotment status is provided for convenience only. The final basis of allotment, refunds and credit of shares are handled by the registrar, the stock exchanges, depositories and your bank or broker.

9. Limitation of liability

To the fullest extent permitted by law, IPO Scouter, its owners, authors and contributors will not be liable for any loss or damage, whether direct, indirect, incidental or consequential, including any loss of money, profit or data, arising from your use of, or reliance on, this website or its content. You use the information on this site entirely at your own risk and are solely responsible for your investment decisions.

10. Advertising and affiliations

IPO Scouter may display advertisements or include links to products and services from which we could earn a commission. Any such arrangement does not influence our editorial coverage, reviews or Scouter Readings. We are not affiliated with any company whose IPO we cover unless clearly stated.

11. Trademarks and content

Company names, logos and trademarks mentioned on this website belong to their respective owners and are used only for identification and informational purposes. The original text, design and Scouter Reading format on this website belong to IPO Scouter and may not be reproduced without permission.

12. Changes to this disclaimer

We may update this disclaimer from time to time. Any changes take effect once posted on this page, and the “Last updated” date above will be revised. Continued use of the website after changes are posted means you accept the updated disclaimer.

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