Basic IPO FAQs

IPO remains open for how many days?

According to Clause 8.8.1, the subscription list for public issues must be open at least three working days and no more than ten working days. Book built issues have a minimum and maximum period of bidding that is between 3-7 working days. This can be extended by 3 days if the price band is changed. A public issue by an infrastructure company that meets the requirements of Clause 2.4.1(iii) in Chapter II can be kept open for a maximum of 21 days. According to clause 8.8.2, rights issues must be kept open for a minimum of 30 days, and no more than 60 days.


In IPO application is third party UPI accepted?


Does IPO application with third party ASBA or UPI gets rejected or accepted?