Basic IPO FAQs

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

The third-party ASBA IPO request is valid and has been accepted by the registrar. SBI is one of the few banks that allows up to five IPO applications from the same account. The third-party UPI IPO request is invalid. They …


In IPO application is third party UPI accepted?

The 3rd Party UPI IPO application is invalid. If you are applying for an IPO using UPI to pay, both your demat and bank accounts should be owned by the same person. You can apply for an IPO using a …


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 Open BSE …


With a private limited or LLP Demat account,how to apply for IPO online?

Private limited companies or LLPs can apply for an IPO under the NII category. To apply for IPO, the company must have a demat account. Companies must complete the application manually. This includes downloading, printing, signing, and submitting the paper …


Through BHIM application is it possible to apply for IPO?

It is currently not possible to apply for IPO via BHIM UPI App. However, you can still apply for an IPO by following these steps: Make use of your bank's ASBA service Make use of the platform provided by your …


While applying online,how to select HNI as a category?

HNI is not a mandatory category.For the HNI category, Individuals with incomes above Rs 2 lakhs are eligible.


My wife and I have a joint Demat account. Is it possible to apply for an IPO from the same demat account as a joint bank account, or from different Bank accounts?

Yes, your spouse and you can both apply for an IPO through the same Demat account. You can also apply from either a joint account, or from separate bank accounts. Please ensure that your applicant details are correct for bidding.


Do we need to apply for an IPO in a lot or as much as we have money?

Yes. You must apply for multiple IPOs. No limit on the amount that you can apply for. Let's say that a share of an IPO has a price of Rs 100. The lot size is 200 shares. You must apply …


Is the NII reserved allocation quota for 15% allotted to HNIs?

Investors who apply for more than Rs 2. lakhs in an IPO are called HNI (High Net Worth Individual). Individuals and institutions applying for more than Rs 2 Lakh are eligible to be included in the NII category. HNIs are …


How is anchor investor different from QIB?

QIB (Qualified institutional Buyer) is an anchor investor. An IPO's anchor investor role and eligibility is different. A anchor investor must invest more than Rs 10 Crore. Anchor investors have different bid prices and bidding windows. They bid earlier than …


What are the advantages and disadvantages of applying in NII?Is there any chance of more allotment?

What are the advantages and disadvantages to applying for NII quota? Pros Cons NIIs may apply for more than Rs 2. lakhs in an IPO. Retail investors are not eligible to receive the price discount for NIIs. NIIs do not …


In two separate bids can a person apply for both NII and retail category?

One person can only apply for one bid in an IPO. Your application amount will determine whether you are applying as NII (or retail investor) or RII. You are a NII if you submit a bid amount greater than Rs …


Is there any certain eligibility for a retail investor apply under NII category?

The retail investor and the NII are separated by the application amount. Any applicant, except QIBs, who applies for more than Rs. 2,00,000 fall under NII category. Retail investors are applicants with less than Rs 2 Lakhs.


Can a person apply for NII as well as retail category for an IPO at the same time?

A person cannot apply for both the NII and retail categories as an IPO. He must apply in one of the categories. Individuals who apply less than Rs 2 Lakhs are considered retail. Retail investors have a 35% reserve allocation. …


For the application submitted through ASBA from the SCSB ,will I get acknowledgement of receipt?

Yes. The SCSB will provide a counterfoil at the time that ASBA is submitted and the order number generated at the time the application details were uploaded, if investors so request.


List down the different categories of Investors.

The following categories are used to classify investors: Retail Individual Investors (RIIs). Non-Institutional Investors (NIIs). Qualified Institutional Buyers, (QIBs), An investor who bids or applies for securities with a value not exceeding Rs 2,00,000.


Differentiate between fixed price issue and book built issue.

A 'Fixed price issue' can be taken as an Initial Public Offering (IPO). The issuer decides the issue pricing at the beginning and mentions it in their offer document. A 'Book Built Issue' determines the issue price based on the …


can I cancel my Bid for online IPO order?

Yes the bid on your online IPO order can be cancelled anytime before the Revision/modification/cancellation cutoff time.


What are the steps in an IPO Process?

An Initial Public Offering (IPO), is when shares of a private company are first offered to the public. This is an important step in the business' growth. An IPO is where the Issuer seeks out the help of an underwriting …


Differentiate among public issue,right issue,bonus issue and private placement.

An Indian company can issue issues in the primary market. These issues can be classified as public or rights, bonus, private placement, and/or public. Right issues by listed companies and public issues require a more detailed process, while bonus issues …