1. Acceptance of Terms & Enforceability
These Terms of Use constitute a legally binding agreement between you ("User", "Visitor", or "You") and IPO Watch & Live GMP Tracker ("Platform", "We", "Us", or "Our"). By accessing, viewing, scraping, or utilizing any portion of this website, you acknowledge that you have read, understood, and agreed to be bound by these Terms and our Privacy Policy.
If you do not agree with any clause, condition, or limitation set forth herein, your sole remedy is to immediately cease accessing and browsing the Platform.
2. Non-SEBI Registration & Educational Purpose
A. No Financial Advice: The information, tables, live rates, subscription figures, review articles, and analytics published on IPO Watch & Live GMP Tracker are curated solely for general news, statistical tracking, and educational purposes. Nothing on this website constitutes, or should be construed as:
- An offer, solicitation, or recommendation to buy, sell, or subscribe to any public offering or security
- Personalized investment advice, portfolio management, or financial planning
- A price target, valuation guarantee, or assurance of listing day gains
B. Independent Diligence: All prospective investors are urged to carefully read the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) filed by issuers with SEBI and stock exchanges, assess risk factors, and consult a qualified, SEBI-registered financial adviser before committing capital.
3. Nature & Extreme Risks of Grey Market (GMP) Tracking
The "Grey Market" for Initial Public Offerings is an informal, unofficial, over-the-counter (OTC) mechanism conducted among independent market participants. It operates completely outside the regulatory jurisdiction of the Securities and Exchange Board of India (SEBI), the BSE Limited, and the National Stock Exchange of India Limited (NSE).
- Purely Estimated Sentiments: GMP numbers are subjective estimates derived from dealer chatter and bid-ask spreads across regional trading hubs.
- Extreme Volatility: Grey market prices can fluctuate wildly intraday and can reverse from high premiums to discounts within hours due to broader market turbulence.
- No Guarantee of Listing Price: A high GMP provides absolutely no guarantee that a stock will list at a premium on the NSE or BSE.
- No Trading Facilitation: IPO Watch & Live GMP Tracker does not execute, broker, match, clear, or settle any informal grey market contracts, Kostak trades, or Subject to Sauda transactions.
4. Permitted & Prohibited Use of the Website
You are granted a limited, revocable, non-exclusive, non-transferable license to access and view content for your personal, non-commercial use. You expressly agree NOT to:
- Deploy automated web scrapers, bots, spiders, crawlers, or extraction tools without express written authorization from our management.
- Systematically harvest, copy, or redistribute our proprietary GMP tables, calculations, or articles for commercial publication.
- Attempt to compromise the security, integrity, or availability of our servers through Denial of Service (DDoS) attacks or brute-force scanning.
- Frame, iframe, or mirror any portion of the Platform within another website without explicit attribution and permission.
- Post or transmit spam, abusive language, or fraudulent inquiries through our contact channels.
5. Accuracy of Financial Information & "As Is" Warranty Disclaimer
While we make every reasonable effort to verify IPO dates, issue price bands, lot sizes, subscription multipliers, and registrar assignments from official exchange feeds and DRHP filings, all content on IPO Watch & Live GMP Tracker is provided strictly on an "AS IS" and "AS AVAILABLE" basis.
We make no express or implied warranties, representations, or endorsements regarding the absolute accuracy, completeness, timeliness, reliability, or fitness for any particular investment objective. Market data is subject to rapid revision without prior notice.
6. Intellectual Property Rights
All trademarks, logos, service marks, graphics, visual designs, software code, stylesheets, aggregation algorithms, editorial guides, and database structures displayed on this website are the intellectual property of IPO Watch & Live GMP Tracker and are protected under Indian and international copyright and trademark laws.
Company names, logos, and trademarks of IPO issuers (such as Hyundai, Benchmark Infotech, etc.) and official Registrars (such as Link Intime, KFintech) belong to their respective corporate owners and are used strictly for identification and descriptive editorial reporting purposes.
7. Third-Party Links, Registrars & Advertisements
Our platform provides direct links to third-party services, including official registrar query systems (Link Intime India, KFin Technologies, Bigshare Services, Skyline, Cameo, Purva) and third-party advertising networks.
We do not sponsor, endorse, or assume responsibility for the uptime, operational availability, server latency, content, or privacy practices of any third-party registrar or advertiser. Any transaction or interaction you engage in with third parties is solely between you and the respective third party.
8. Limitation of Liability
To the maximum extent permitted by applicable Indian law, in no event shall IPO Watch & Live GMP Tracker, its founders, editors, authors, contributors, directors, employees, or technical providers be liable for any:
- Direct, indirect, incidental, special, consequential, or punitive damages
- Loss of investment capital, financial profits, goodwill, data, or trading opportunities
- Damages resulting from reliance on any GMP figure, subscription metric, or timeline error
- Technical outages, registrar server downtime, or transmission delays
Your sole and exclusive remedy for dissatisfaction with the Platform is to stop using the website.
9. Governing Law, Jurisdiction & Dispute Resolution
These Terms of Use, their interpretation, and any disputes arising out of or related to your use of the Platform shall be governed exclusively by and construed in accordance with the substantive laws of the Republic of India, without regard to its conflict of law principles.
You agree that the competent courts situated in Mumbai / Ahmedabad, India shall have exclusive territorial and subject-matter jurisdiction over any legal suit, claim, or proceeding arising under these Terms.
10. Contact & Legal Notices
For questions regarding these Terms of Use, legal notifications, or copyright compliance, please reach out to our legal and compliance desk: