Where do I get an IPO application form?
- Asked By
- Updated On:19-Mar-2021
- Replies:1
Short Answer
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.
Detailed Answer
To apply for an IPO, you will require an IPO application. These forms let traders and investors invest in an IPO and get their basic investment desires kickstarted. However, these aren't readily available online. You can procure them through selective channels.
Where to get an IPO Application Form?
These channels are given as follows:
- An IPO application can be procured from your nearest stockbroker. Moreover, these stockbrokers would guide you into filling them, provided you open an account with them. Also, ensure that they do offer IPO investment opportunities before you open an account with them.
- The second way in which you can get a hold of an IPO application is through a syndicate member office of the IPO. It translates to the financial institutions or banks, which can only be the syndicate members. If you want to get a hold of all the syndicate members' offices, you can find that through the IPO prospectus published.
So, you can go with an online ASBA form provided by the advisories or you can simply download online ASBA application forms from stock exchanges sites i.e. NSE or BSE.
IPO Application
Investing in an IPO requires a calculated risk. Ensure that you have undergone every tactical maneuver to ensure that you have the right investment plan. Do keep in mind that IPO applications are free of cost no matter where you might take them. The place where you need to give the filled-out application form would be to the respective stockbroker or the syndicate member office.
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Discussion (0)
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.
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.
IPOs can be a good option for beginners as they provide an opportunity to get the shares of good companies at an attractive price. Though IPOs can provide good listing gains and quick profits, good companies can help you to create massive wealth in the long term.
Although there are ways such as ASBA facility of your bank that you can use to open an IPO without Demat Account. It is still advisable to have a Demat Account.
The SEBI (Securities and Exchange Board of India) requires every IPO to get at least an overall 90% subscription to proceed to the allotment process. If an IPO fails to get a 90% overall subscription (including the QIB, NII, and Retail category) by the last day of the issue then the IPO is cancelled and the money collected from the investors is refunded back.
IPO's (Initial Public Offering) is very popular right now. Therefore getting an allotment is not easy. There are two different ways in which you can find out your allotment status. These are through the BSE India website and the company Registrar's website. Know the details and another bonus way of finding out allotment status here.
The process to close a demat and trading account with Angel Broking stock broker is quite simple. Follow few easy steps, submit the account closure form and you will be done with the requirements.
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).
Subscribing for an IPO with multiple accounts, avoiding last-day applications, and choosing minimum bids are few ways to increase IPO allotment chances.
Buying the shares of companies that are not listed is an easy task these days, as there are many online platforms that allow retail investors to own shares of unlisted shares or Pre-IPO shares. Buying Pre-IPO shares have some advantages as well as disadvantages, it is discussed in detail below.