Basic IPO FAQs

Can payment be made by registration through ASBA for an IPO from my father's or someone else's account?

Yes. You can make the payment using your father's bank account or another person's bank account, provided you follow certain conditions. This is the 3rd Party IPO Application.


  1. They can apply for an IPO through the bank with which they have an account. Third-party IPO applications are offered by banks like RBL, Asix, and SBI. This facility is not offered by HDFC or ICICI.
  2. A PAN Number and Demat account are required for the IPO applicant.
  3. PAN numbers are used to determine the allotment. You have a bank account or not it doesn't matter.
  4. When you use UPI to pay your bills, the 3rd Party IPO Application is not available.

What do you mean by IPO?

By whom the 'Price Band' is decided?

'Date of issue' is decided by whom?

What a registrar of an IPO does?

What is role of Lead managers in IPO?

What does 'follow on Public offering' or FPO means?

What are Primary market & Secondary market?

How can you define the life cycle of an IPO prospectus?

What are the life cycle of an IPO?

what are the basic differences between Book building and fixed price issue

How is Floor price different from Cut-off price for a book - building issue

Differentiate between RII,NII,QIB, & Anchor Investor

Retail investor, I would like to invest more than Rs 1 lakhs in an IPO. What is the best way to invest in the Non-institutional bidders' category? What are the pros and cons of investing in this category?

Is PAN number mandatory for applying in an IPO?

IPO remains open for how many days?

After submitting the application in IPO,what details I should keep?

For an IPO,what is the 'Market lot size' & 'Minimum Order quantity'?

Will I get guaranteed amount of shares if applying for an IPO?

Is investing in IPOs less riskier than in direct stock market?

Can someone apply through more than one application in IPO with the same name?