How to apply in an IPO?

Apply for an IPO by:

1. Online IPO Application
2. Online IPO Application

Below is the detail:

Through Online IPO Application

Investors must open a trading or demat account at a financial institution to apply online for IPO's. Many Indian Stock Brokers and Banks offer the option to apply for IPO's online. Follow these steps to apply online once a trading or demat account has been opened.

How to Apply in IPO Online:

1. Log in to your trading account, then select the IPO that you want to invest in.
2. To your trading account transfer funds from the 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. ECS will credit your bank account with the remaining funds. Online application for an IPO is the most convenient. It is very easy to apply for an IPO online.

Through Offline IPO Application

Any public issue can be applied through your bank account. Fill out the ASBA application form with your name, PAN number and Demat account number. Then submit it to the branch that has been designated as a Self Certified Syndicate Banks for ASBA services. The bank will upload your details to the bidding platform after you have submitted your application. You must ensure that the application is filled out correctly or your application could be rejected.

Notice: ASBA forms can be obtained at designated branches of banks that are Self Certified Syndicate Banks. On the SEBI, NSE, and BSE websites you will find a list of all banks and their designated branches where ASBA forms can be submitted. The ASBA application form will also contain a list of SCSB.