Basic IPO FAQs

Is a minor eligible to apply for IPO?

Some companies allow minors bid on their IPO while others don't. It all depends on the IPO to IPO.

This information is typically found under the section " Who can Apply?" in the IPO Prospectus.

Take, for example:

Religare Industries Limited IPO prospectus states:Indian National's Resident in India who are Majors or in the names their minor children as natural/legal Guardianians in single or multiple names (not more then three) can apply for this IPO.

IPO prospectus of Power Grid Corporation of India Ltd :
It is important for bidders to know that Bids can be rejected due to the following technical grounds: Bids from persons not capable of contracting under the Indian Contract Act 1872, including minors, and people of unsound mind, etc.

In the IPO Application Form, applicants must disclose their age to investors

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?