IPO

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02
MANAGE BETTER

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03
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Why it matters?
  • Eliminate risk of loss or damage
  • Enable faster transactions
  • Get ready for future opportunities
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Frequently Asked Questions

How do I apply for an IPO on your platform?

You can apply using your UPI ID. Simply select the IPO, enter your bid, and approve the mandate on your UPI app to block the funds.

What is the difference between Mainline and SME IPOs?

Mainline IPOs are for large companies with high minimum requirements, while SME IPOs are for smaller companies and usually have higher minimum lot sizes.

What happens if I don't get an allotment in an IPO?

If shares are not allotted to you, the blocked amount in your bank account is unblocked within 2-4 working days after the allotment date.

What is the 'Cut-off price' in an IPO application?

Selecting the cut-off price means you are willing to pay whatever the final discovery price of the share is within the price band.

Can I cancel or modify my IPO bid?

Yes, you can modify or cancel your bid as long as the IPO window is still open for subscription.