What is an IPO or Initial Public Offering?
IPO or Initial Public Offering is the process through which a private company goes public by offering its shares to the public for the first time.
Can a minor apply in IPO?
Have you ever wondered id a minor can apply for an IPO? Yes, a minor can apply for an IPO given that he/she has a PAN card and a Demat account.
How to apply IPO in Zerodha? Buy IPO Online
If you are a Zerodha customer, you can apply for IPO online through Zerodha Console (Zerodha Back-office). The process for applying an IPO process has been explained in detail above. Here are few other answers to important queries that you may want to learn.
Can I apply more than one IPO application in my name from different saving bank accounts in same bank or different banks?
Only one PAN card can be used for one application. No matter how many different savings account details you might utilize, if there is the same PAN number in more than two applications, then all of them would be revoked.
Can a person apply in the non-institutional bidder category of an IPO?
Yes, an individual investor can apply through a non-institutional category of an IPO given that they have enough influx to bid in the category.
How to increase IPO allotment chance?
Subscribing for an IPO with multiple accounts, avoiding last-day applications, and choosing minimum bids are few ways to increase IPO allotment chances.
How many IPO applications can I submit through online net banking from one bank account?
There are about 5 IPO applications that can submit through online net banking from one bank account. However, the number can change immensely from one bank to another.
How to apply for IPO in Stoxkart?
Stoxkart online discount broker also provides IPO investment facility to clients. The best part is that stoxkart facilitates both the Indian as well as NRIs to invest in IPO online.
What Happens when an IPO is oversubscribed in India?
IPO is alloted by following the pre-defined rule laid down by the SEBI. When an IPO is oversubscribed it gets allocated by considering the minimum lot size. If still not solved, then a computerized draw of lots is conducted.
How to sell IPO?
You can sell your shares of an IPO through the stockbroker application or website. Let's see what's the simple process to sell the shares you hold.