What is the life cycle of an IPO? Process
An IPO or Initial Public Offering is where for the first time an earlier unlisted company sells new or existing securities and offers them to the public in the primary market.
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.
Where do I get an IPO application form?
An IPO application form can be procured from a syndicate office member of the IPO or a stockbroker. You can download and print the IPO forms.
How to Check IPO allotment in Zerodha?
There are many ways to check the IPO allotment status but Zerodha doesn't provide this facility on their website. To check the allotment status you can visit the website of the registrar of the IPO, for example, Link Intime, Karvy. With the help of a PAN number, you can easily check the status.
Can I apply in an IPO through multiple applications on same name?
No, a person cannot apply for a single IPO more than ones. There are strict rules and regulations followed in this matter. However, his/her family members can apply for the IPO under their name provided they have a demat account and PAN number.
Can I revise or cancel my IPO application?
There is a subscription period for every IPO. You can make the changes or cancel your IPO applciation within this period. Post this; there is nothing that can be done.
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.
What information should I keep after I submit the IPO application form?
There are few documents such as a photocopy of the IPO applciation, cheque copy, and the reference number of applciation if submitted online.
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.
Is it mandatory to have a Demat account to apply in an IPO?
Yes and no at the same time. Although you can apply for an IPO without a Demat Account in some cases, the allotted shares are tradable through a Demat Account, Thus, a Demat account is recommended for an IPO.