IPO Lens uses artificial intelligence (AI) systems to improve readability, summarize complex documents, extract structural fields, and answer user questions in simple English. This policy explains how we use AI, our methodologies, and the limitations of these technologies.
1. How AI Is Used
AI may be used to extract, parse, or summarize the following categories of IPO-related information:
- Company & Business Descriptions: Summarizing what the company does, its core products, and business segments.
- Objects of the Issue: Clarifying how the company intends to spend the IPO proceeds (e.g., debt repayment, capital expenditure, general corporate purposes).
- Risk Factors: Summarizing primary internal and external risk factors detailed in the offer documents.
- Promoter & Key Manager Information: Extracting names, designations, and background context.
- Intermediaries: Identifying Lead Managers, Registrars, and Anchor Investors where available.
- Interactive Q&A: Assisting users in querying publicly available data about IPO filings in plain English.
2. Source-Grounded AI
IPO Lens operates on a source-grounded retrieval model. The AI summaries and answers are strictly generated from publicly available official documents, including:
- Draft Red Herring Prospectuses (DRHP) and Red Herring Prospectuses (RHP)
- Final Prospectus and official stock exchange filings
- Registrar disclosures and SEBI public registries
3. AI Limitations and Risks
Generative AI models, while powerful, are subject to logical and contextual limitations. You must keep in mind that:
- AI may misinterpret complex legal or financial terminology.
- AI may omit crucial contextual points or risk disclosures from the primary document.
- AI may extract outdated parameters if newer filings or corrigendums are published.
- AI may occasionally introduce factual errors or hallucinations if public documents are poorly formatted.
4. Not Investment Advice
AI-generated summaries and responses are not investment advice, stock recommendations, or personalized financial planning. IPO Lens does not offer advisory services. The summaries are intended purely for educational review and retail investor awareness.
5. Verification and User Responsibility
You are solely responsible for your investment decisions. You should not rely exclusively on AI-generated summaries to make financial decisions. Always verify critical figures, dates, and terms from the official SEBI filings and the RHP before applying for any IPO.
6. Safeguards and Review Workflows
We implement several guardrails to ensure information reliability:
- Confidence Scoring: Flagging pages and sections where data parsing meets lower confidence indicators.
- Source Link Mapping: Providing direct links to original documents where possible so users can compare.
- Error Logging: Periodically auditing system outputs and refining the prompt pipelines.
7. Reporting Errors
If you identify an error, mismatch, or misleading statement in our AI-generated summaries, please let us know immediately. You can report errors by emailing us at support@ipolens.in. We will review and correct the output within a reasonable timeframe.