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


I have not marked cutoff, but has provided bid price at the upper band in an IPO request. will it make a difference?


Why to bid a cuttoff in a book-building IPO?


I applied for an IPO whose price range has been reduced. I've already applied in the original band and my amount is already blocked. What should I do next?


Where the subscription figure of an IPO can be found?


In the early price discovery session, How the IPO share price is defined?


How can I apply offline in IPO?


If my broker is not offering IPO facility but I have a demat account then how can I apply for IPO online?


Can an individual apply in IPO for both Retail (below 2 lakhs) and HNI (above 2 lakhs)?


Investment of Rs. 2 lakhs minimum is enough or any other eligibility criteria is there for NII?


With my friend's PAN details in my demat ,can I apply for an IPO?


Are the application for NII and retail investor different?


Does an Individuals who wish to apply for NII quota must follow the same procedure online and in person?


At the time of IPO listing , is there any circuit?


During special open time between 9:00 am to 9:45 am ,how to sell IPO shares on listing?


Can I apply online for an IPO on Sunday?


How can I sell IPO?


Which IPO will give positive response if I have to invest for a short period?


Where can I find the old IPO offer documents?


Where can I get updates on every upcoming IPO


Is there any loss or advantage of applying more than one lot in an IPO?