Disclaimer
Last updated: 7 June 2025
IPOwiz publishes IPO research, GMP, subscription data, and allotment tools to help Indian retail investors stay informed. Please read this disclaimer before using any information from our platform.
Important: IPOwiz is not a SEBI-registered investment adviser, broker, or research analyst. All content is provided for general information only.
1. Not Investment Advice
Information on IPOwiz is for educational and informational purposes only. Nothing on this website or app should be read as financial, investment, tax, or legal advice.
- •We do not recommend whether you should apply for, hold, or sell shares in any IPO or listed stock.
- •IPO GMP, subscription ratios, financials, and analyst-style commentary are research aids, not buy or sell signals.
- •Past IPO listing performance does not predict future results.
- •Consult a qualified financial advisor before making investment decisions.
2. Grey Market Premium (GMP)
GMP data on IPOwiz reflects unofficial grey market activity. It is not an exchange-traded price and may differ significantly from the actual listing price.
- •GMP can change quickly and may be unavailable for some issues.
- •Estimated listing prices derived from GMP are indicative only.
- •We label GMP clearly as unofficial wherever it appears on the platform.
3. Data Accuracy
We work to keep IPO dates, issue size, reservation splits, subscription status, and allotment links accurate and current. Despite editorial review, errors and delays can occur.
- •IPO schedules and issue details are sourced from DRHP/RHP filings, BSE/NSE announcements, and registrar disclosures.
- •Live subscription data depends on exchange updates during the bidding window.
- •Allotment status is fetched from official registrar and exchange portals, which may publish results late or experience downtime.
- •You should verify critical information from official sources before acting on it.
4. Limitation of Liability
IPOwiz and its operators are not liable for direct, indirect, incidental, or consequential damages arising from:
- •Use or inability to use our website, app, or tools
- •Investment decisions made using information from our platform
- •Incorrect GMP expectations, missed allotments, or listing-day losses
- •Errors, delays, or outages on registrar, exchange, or third-party websites
- •Technical interruptions, data loss, or unauthorized access beyond our reasonable control
5. Third-Party Links
IPOwiz links to registrar allotment pages, stock exchanges, DRHP/RHP documents, and other external sites. We do not control those websites and are not responsible for their content, availability, privacy practices, or terms.
6. Your Responsibility
By using IPOwiz, you acknowledge that:
- •You understand the risks of stock market and IPO participation.
- •You will not rely solely on IPOwiz for investment or allotment decisions.
- •You will cross-check important facts with official exchange and registrar sources.
- •You accept full responsibility for your own financial decisions.
7. Updates to This Disclaimer
We may revise this disclaimer from time to time. The "Last updated" date at the top of this page reflects the latest version. Continued use of IPOwiz after changes are posted means you accept the updated disclaimer.
8. Contact
Questions about this disclaimer? Reach us at admin@ipowiz.in or naman9mittal@gmail.com, or use our contact page.
admin@ipowiz.in or naman9mittal@gmail.com. You can also use our contact page.
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