Can we apply for an IPO online on Sunday?

Short Answer

Yes, you can apply for an IPO application on Sunday as well but through an online application. But, you need to keep few points in mind before doing that.

Detailed Answer

There is no restriction as to when you can apply for an IPO. But do keep in mind that offline methods of applying for an IPO is dictated by the financial institutions or the broker work timings.

Most of the time, Sunday is off, and you won’t be able to do it. However, if you are applying online, then you can do so through ASBA. You don’t have to worry about the timings from the IPO application's intake (from 10 AM) to the very last day (4 PM); users can easily apply it online.

Keep in mind that the application will be processed on the next working day if you apply on a Sunday.

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Categories: IPO Basics
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