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


can I avail a loan and then apply for an IPO?


How to apply in an IPO?


Differentiate among public issue,right issue,bonus issue and private placement.


What are the steps in an IPO Process?


can I cancel my Bid for online IPO order?


Differentiate between fixed price issue and book built issue.


List down the different categories of Investors.


For the application submitted through ASBA from the SCSB ,will I get acknowledgement of receipt?


Can a person apply for NII as well as retail category for an IPO at the same time?


Is there any certain eligibility for a retail investor apply under NII category?


In two separate bids can a person apply for both NII and retail category?


What are the advantages and disadvantages of applying in NII?Is there any chance of more allotment?


How is anchor investor different from QIB?


Is the NII reserved allocation quota for 15% allotted to HNIs?


Do we need to apply for an IPO in a lot or as much as we have money?


My wife and I have a joint Demat account. Is it possible to apply for an IPO from the same demat account as a joint bank account, or from different Bank accounts?


While applying online,how to select HNI as a category?


Through BHIM application is it possible to apply for IPO?


With a private limited or LLP Demat account,how to apply for IPO online?


In IPO application, is third party ASBA allowed?