Basic IPO FAQs

From one bank account, how many IPO application can be submitted through net banking?

Bank to bank, the number of ASBA IPO applications per bank account varies. SBI, for example, allows 5 IPO applications per account. ICICI Bank however, only allows 1 IPO application.

Multiple applications may be accepted by the bank. It doesn't matter which name they are. These could be family members, friends, or anyone else's.

It is important to note that only one IPO application can be submitted per person. Technically, this means that you can submit 1 application per PAN number. If more than one application is submitted with the same PAN number it will result in all applications being canceled.
A bank account can be debited by an investor for up to x applications for an issue. The following number is allowed:

One bank account allows for multiple IPO applications

Bank Name

No. No.

SBI Bank

5

Kotak Mahindra Bank

5

Axis Bank

3

ICICI Bank

1

HDFC Bank

1


An issue is required to kept open for how many days?


In an IPO,can a minor also apply?


What does over the counter trading mean?


Before the listing of stock,can we sell the stock allotted to us in an IPO?


How can someone fill IPO online?


For applying in an IPO ,what will be the category of 'Private Family Trust'?


Define the category of 'private family trust' for applying in IPO . Retail Bidder or Non-Institutional Bidder ?


Can a private limited company subscribe in non-institutional category?


What does pre IPO placement mean? Is it worth buying any script during pre-IPO placement? How will it benefit customers?


In IPO, who can apply for QIBs? What are the rules and regulation for QIB?


How much time an issue takes to list in market?


Differentiate between call option & put option.


What does listing of IPO means and how is it done?


How many days does a cheque takes to be cleared for application of an IPO?


In an IPO how the cutoff price is decided?


What do you mean by BID QUANTITY & BID PRICE?


What does IPO stands for?


What is IPO Funding?


In IPO processing , what is the role of 'Syndicate members'?


List down the timelines for book building IPOs in India.