How someone can apply online for IPO?

Investors must open a trading account or demat account to apply online for IPO's. Many national banks (SBI and HDFC, ICICI etc.) offer this service. Popular stock brokers such as Sharekhan, Angel, etc. India allows you to apply online for IPO's. To apply online, you will need to open an account.

1. Log in to your trading account, then select the IPO that you want to invest in.
2. Funds can be be transfered to trading account directly from your bank.
3. Click the submit button to select the number of shares that you wish to apply for, and the price at the which you would like to offer (or use the cut off option).

The shares you receive will be credited directly to your demat account if you have received the allotment. Through ECS, the remaining money will be credited into your bank account.

Online IPO applications are easiest if you use a 3-in-1 account from banks such as ICICI Direct or HDFC Securities, Kotak Security, and Kotak Security.

Applying for an IPO online is veery easy. Ordering IPO shares online takes only 2 minutes..