Basic IPO FAQs

In IPO application, is third party ASBA allowed?

Yes, you can submit an IPO application using ASBA. Only a few banks, including SBI, offer third-party IPO applications.

This facility is not offered by private banks like ICICI and HDFC.

BSE Circular on 3rd Party IPO Application

  1. Open BSE Notice No: 20190619-23
  2. You can download Annexure I.pdf at the bottom.
  3. Take a look at the line:

    'Note : Trading members with 3-In-1 accounts will be able to provide bank details for up to five banks'

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?