How To Apply For IPO ?

Applying for an IPO , It will take less than a minute.

Follow these steps:

1. Register or open a demat account (In case you don’t have one)

2. Head to the IPO-Initial Public Offerings page

3. In the Open list of IPOs, click Apply for the company IPO you want to apply

4. Select your category (Regular/HN) under Apply as and Shares Lat

5. Click Continue

6. Enter your UPI ID

7. Accept the terms and conditions and click Apply For IPO

What Happens After Applying For IPO?

• After submitting the IPO application, an application number will be generated
• A UPI mandate request will be sent within 24 hours, which the investor needs to authorize before the IPO closes
• Once done, the amount will be blocked in the bank account
• The IPD allotment is announced once the subscription window closes
• After the allotment results are announced, you can check the allotment status online via
  • The registrar’s website (eg, Link Intime or KFin Technciogies)
  • Broker’s platform

• If you don’t receive an allotment, the blocked amoure will be unblocked or refunded within a week
• For successful applicants, the allotted shares are credited to the Demat account before the company’s listing date
• The company’s shares begin trading on the stock exchange (NSE/BSE) on the listing date. On this day, you can choose to hold the shares for the long term or sell them based on the market price