How To Apply IPO Online?

Written By: Manish Sharma

Last Updated: August 31, 2022

Apply Ipo Online

If you've ever wondered "how to apply IPO online," you've found the right place! If you've always thought that IPOs were far out of reach, we're here to tell you otherwise! In this blog post, I'll detail everything you need to know to apply to IPO. Keep reading till the end.

What is an IPO?

An IPO, or Initial Public Offering, is when a company makes shares available to the public for the first time. It's one step a company takes in order to move from private to public. Public shares must be marketed through a channel authorized by a regulatory authority. SEBI (Securities and Exchange Board of India) is in charge of defining the IPO structure in India.

 In this blog post, we will explore how to apply for IPOs.

Where can you find out current info about IPOs ?

IPO news can be found on several websites. Newspapers publish details about upcoming IPOs. FinanceX provides information about IPOs, including price ranges, listing dates, and other details.

Here’s where you can keep up to date on any upcoming IPO in 2022. Don’t forget to check this link Recently Listed, Open and Upcoming IPOs once a few days to stay up to date on what’s hot in the IPO market.

How To Apply for IPO Online?

In order to apply for IPOs online, investors need to open a demat account / trading account with a financial institution that provides it. The majority of national banks (SBI, HDFC, ICICI, PNB etc.) and popular stock brokers (Sharekhan, Angel etc.) offer online IPO application facilities. You may check out the best discount brokers if you want to create a new demat account. If you already have an account, follow the steps below to apply.

  • First login in your trading account and visit the IPO page and select the IPO you wish to invest in.
  • Select the number of shares you want to apply for and the price at which you want to bid for (or use cut off option) and enter your UPI ID and then press submit button.
  • Now, you have to enter your pin and block the amount requested for IPO in your UPI app.

If you get the allotment, the shares will be credited to your demat account and the money will be debited.

How To Apply IPO Through ASBA?

ABSA stands for “Application Supported by Blocked Amount”. ABSA is the most popular method of filling out an IPO application online. All banks that allow IPO applications to be filled out online adhere to ASBA guidelines. The ASBA application authorizes the bank to block the application amount in his bank account if the applicant's bid is denied. Applicants who are rejected can fill out the ASBA form manually and submit it to their nearest bank account. It is important to ensure that the form is filled out correctly, otherwise it will be rejected.

So, this was all about how you can apply for IPO. I hope this post helps you to apply for an IPO. If you found this post helpful do share this post.

How To Apply Ipo Online?


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About the Author

I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

Manish Sharma

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