The full file on every SME company you catch young.
The free site reads every IPO's offer document. Pro goes further on each SME company after it lists: nine sections of analysis from its own documents, every figure with its page.
The nine sections in every company file
- 01Total addressable market and market shareMarket size at each level, as the offer document and industry report state it, and the company's share of it.
- 02Key growth triggersCapacity additions, order wins, new products, new markets and approvals, each with the timeline the company gives.
- 03Growth forecast: management's guidance against its track recordEvery guidance number management has given, beside what it delivered each time: the hit rate, guidance by guidance.
- 04How much growth is priced in?Reverse valuation: the earnings growth today's price assumes, with P/E and EV/EBITDA against its own history, peers and the IPO price.
- 05Money flow: who is buying and who is sellingPromoter, fund and large-holder moves, bulk and block deals, insider trades and lock-in expiries.
- 06Management: walk-the-talk track recordOffer-document objects against how the IPO money was spent, and earnings-call promises against outcomes.
- 07Accounting and governance forensicsTwelve fixed checks: cash conversion, receivables, related-party transactions, contingent liabilities, audit remarks, auditor changes, pledges.
- 08Key monitorables: what must go right for the plan to play outThe milestones the company itself has set, with dates, to track quarter by quarter.
- 09Key risksBusiness, financial and legal risks from the company's own documents, ranked by how much of the business each touches.
What you get, exactly
- All nine sections for every SME company on newboard, with new companies added every day
- Price-linked figures refresh daily; the written analysis is redone after every half-yearly result
- Every figure with the document and page it comes from
- Cancel any time from your account; access runs to the end of the paid period
Free, for everyone, as now
- Every IPO page and its study, from the day the draft is filed
- Bidding, allotment and listing pages
- The IPO lists, calendars and databases
- Key points and reported results on SME company pages
Start with the mainboard IPOs or the SME IPOs.
Monthly
₹499₹799
a month
Yearly 2 months free
₹4,999₹7,999
a year
Founding price. The first 1,000 members keep it for as long as they stay. After that, ₹799 and ₹7,999. GST included.
Planned to open in January 2027.
Questions
- When does Pro open?
- It is planned for January 2027. Everyone on the waitlist hears first, by one email.
- What is the founding price?
- The first 1,000 members pay ₹499 a month or ₹4,999 a year, GST included, and keep that price for as long as they stay subscribed. Members who join after that pay ₹799 and ₹7,999.
- What does Pro not include?
- Alerts, spreadsheets, requests for particular companies and phone support are not part of Pro. It is the company files, kept up to date, and nothing that depends on a person answering.
- Will the free site stay free?
- Yes. Every IPO page and study, and the bidding and allotment pages, stay free to read.
- Is this investment advice?
- No. newboard publishes what company filings say and the arithmetic that follows from them. It does not rate shares or publish target prices, and it is not a SEBI-registered research analyst or investment adviser.