What information should I keep after I submit the IPO application form?

Short Answer

There are few documents such as a photocopy of the IPO applciation, cheque copy, and the reference number of applciation if submitted online.

Detailed Answer

Applying for an IPO is quite a simple process. You could go through a stockbroker if they provide the services. However, when you apply for an IPO, you don't have to keep all the documentation. While most of them do, there are a few documents that you should keep with yourself in case you have to showcase them for any future references.

Information to be kept after submitting an IPO application

If you want to learn all the IPO documents you have to keep with yourself after submitting your IPO application form, we have given them below.

1. Application photocopy

The photocopy of the application that you might have filed. Its where all your details regarding the information entered into the application to file for an IPO. The application could be offline, but then it's a better deed to use an online option for seamless tracking and easy accessing features.

2. Application number for online IPO submission

If you have applied it online, you might want to keep the application number as it helps track down the application quite easily without any hassles. It could be just the number of you could have the entire application form photocopy kept with you for future references.

3. Cheque photocopy

The amount that you might have paid for the IPO via cheque can be retained. You could take a photocopy and have it for future reference to see how much you are willing to purchase a share of the IPO. Moreover, having the cheque number can also help extensively.

Bottom line

Keeping relevant information after you have submitted your application for an IPO is vital. This helps in tracking down your information regarding the IPO in case if there were any hiccups. Moreover, all of the information regarding your IPO application can be found on the stockbroker's application form where you would have applied. Don't misplace this information as if you were to lose it, then tracking your IPO application will be difficult, and there are higher chances of losing your IPO application.

Tagged With: ipoipo applicationipo informationipo documents
Categories: IPO Basics
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Related FAQs

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 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.

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 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 I apply an IPO application in the name of Minor or HUF?

Yes, you can apply for an IPO applciation under a minor or HUF's name, provided they have different PAN card numbers.

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 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.

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.

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.

Is it mandatory to have a PAN Number to apply in an IPO?

Yes, it is mandatory to have a PAN number to apply for an IPO since July 2006 as per Securities and exchange board of India (SEBI).